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Here is how much the Magnificent 7 lost after stocks tanked over tariff warnings from the Fed and Nvidia
NVDANvidia(NVDA) Business Insider·2025-04-17 01:33

Market Overview - Markets experienced a sharp decline due to tariff-related news from Nvidia and the Federal Reserve, impacting investor confidence [1][2] - Nvidia disclosed a potential $5.5 billion loss due to new export rules affecting its H20 AI chips for the Chinese market, highlighting the escalating US-China tariff tensions [1][13] Federal Reserve Insights - Federal Reserve President Jerome Powell warned that renewed tariffs could create a "challenging scenario" for the economy, potentially affecting the Fed's goals of low unemployment and price stability [2] Company-Specific Stock Performance Alphabet - Alphabet's stock has decreased by 20.51% since January 21 and by 2% on April 16 [3] Amazon - Amazon's stock has dropped by 22.16% since January 21 and by 2.93% on April 16, with potential further impacts from tariffs up to 245% on Chinese goods [4] Apple - Apple has seen a 9.21% decline in stock value since January 21 and a 3.89% drop on April 16, despite a brief rally due to a tariff exemption [6][7] Meta - Meta's stock has decreased by 15.40% since January 21 and by 3.68% on April 16, while facing an antitrust trial [8] Microsoft - Microsoft has experienced a 9.98% loss in stock value since January 21 and a 3.66% decline on April 16, with considerations for job cuts [11] Nvidia - Nvidia's stock fell by 20.33% since January 21 and by 6.87% on April 16, significantly impacted by export restrictions [13] Tesla - Tesla's stock has plummeted by 40.08% since January 21 and by 4.94% on April 16, facing challenges beyond tariffs [14][15]