Tech Giants Lose $750 Billion in Market Value as Trump’s Economic Policies Shake Wall Street

U.S. tech stocks face steep declines driven by tariff hikes, trade uncertainty, and recession fears under Trump administration.

• The Nasdaq 100 fell 3.8% on March 10, marking its worst performance since 2022, with tech stocks leading the decline.
• The 'Seven Magnificent' tech companies, including Tesla, Nvidia, and Apple, collectively lost $750 billion in market value in a single trading session.
• Tesla saw the sharpest drop, with its stock plunging 15%, while other major players like Nvidia, Apple, and Google experienced declines between 4% and 5%.
• Investors are increasingly concerned about the economic impact of President Trump's aggressive tariff policies, which have raised costs for tech companies reliant on global supply chains.
• Economic analysts and major banks warn of potential long-term damage to U.S. economic growth and global trade stability due to heightened uncertainty and protectionist measures.

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