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Nvidia Leads Big Tech Rebound Following Tariff-Induced Market Losses

Investors grow optimistic about potential trade negotiations as Nvidia and other tech giants recover from $1.8 trillion sell-off.

  • Big Tech stocks, including Nvidia, Tesla, and Meta, are rebounding after steep losses caused by President Trump's global tariff plan.
  • Nvidia led the recovery with gains of up to 7%, reflecting its relative resilience compared to other hardware-focused companies like Apple.
  • The Trump administration's tariff policy includes a baseline 10% tariff on global imports, with additional reciprocal tariffs set to take effect soon.
  • Approximately 50% of the revenue for major tech firms comes from overseas, making them highly vulnerable to global trade disruptions.
  • Investor optimism is rising on hopes of imminent trade deals, with Treasury Secretary Scott Bessent suggesting quick agreements with key partners are possible.
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