How Are the ‘Magnificent 7’ Companies Faring Amid Trump’s Tariffs?
To say it’s been two tumultuous weeks for the group of tech stocks dubbed the “Magnificent Seven” would be an understatement. Shares in Apple, Microsoft (MSFT), Nvidia (NVDA), Alphabet (GOOGL), Amazon (AMZN), Meta (META) and Nvidia have swung wildly in recent days as investors react to President Donald Trump’s volatile tariff announcements.
The Magnificent Seven fell sharply on April 2 after Trump unveiled his so-called “Liberation Day” tariffs, which enacted a blanket 10 percent levy and...