San Francisco – As Big Tech starts his quarterly profit season this week, Bellwether’s companies in the industry have been pushed into a cauldron of uncertainty and agitation that they did not anticipate when Donald Trump re -entered the White House almost 100 days ago.
Since the inauguration of President Trump, on January 20, the great technological actions have been on a trip in Savia that has eviscerated billion dollars in the wealth of the shareholders in the middle of and Rate rabby and other potentially harmful actions.
It is the opposite polar of what the CEO of Apple, Tim Cook, the CEO of Tesla, Elon Musk, the CEO of Google, Slándar Pichai, the founder of Facebook, Mark Zuckerberg, and the founder of Amazon, Jeff Bezos, expected when they gathered behind Trump As he was sworn.
This sample of unity reflected the belief that Trump’s second period in the White House would be a refreshing change regarding the hard regulation of President Joe Biden’s administration while unleashing even more lucrative opportunities. In artificial intelligence and deal.
But the Trump administration policies have so far bothered the “magnificent seven” of Big Tech, a group composed of Apple, Microsoft, Nvidia, Amazon, Tesla, Google Parent Alfabet and Facebook Meta Platforms. Since the inauguration of Trump, the magnificent combined market value of the seven has collapsed at $ 3.8 billion, or 22%, as of April 20.
The financial damage was even more severe a few days after the presentation of April 2 of Trump of reciprocal tariffs that would have demanded a great cost in the Big Tech supply chains in China and other key markets worldwide. A temporal freezing about most of the most punitive rates and an exemption from most electronics that arrive from China has provided some relief, but Trump has made it clear that relief can be of short duration.
That has left the spectrum of Trump’s current commercial war on the great technology, whose influence extends throughout the world.
“The mass confusion created by this constant flow of news outside the White House is vertiginous for industry and investors and create massive uncertainty and chaos for companies that try to plan their supply, inventory and demand chain”, Wedbush’s values analyst Dan Iives
In addition to the agitation caused by Trump’s tariff Goal has been executing an illegal monopoly In social networks, and working to persuade a federal judge To break Google After it was discovered that his search engine last year was illegally abusing his power. Trump has not given any indication of abandoning the antitrust demands presented by the Biden administration that aims to limit Apple and Amazon.
And Nvidia absorbed a significant setback last week when Trump’s administration forbidden him to sell one of her popular chips to China, which led the company to register a $ 5.5 billion charge To account for the reserve of processors that intended to export to that country.
Technology CEO will have the opportunity to discuss the consequences of the commercial war and other challenges still ahead during the call calls that will be held as part of the financial reports of their companies for the quarter of January-March.
The ritual will begin on Tuesday when Tesla is scheduled to publish its full financial report after it already reveals that it is Cars sales of the first quarter fell into 13% of the same time last year.
The decrease occurred in a context of vandalism, generalized protests and ask for a consumer boycott In the midst of a violent reaction to Musk’s high profile role in the White House that supervises a cost purge of the United States government agencies.
After Musk discusses his strategy to reverse a decrease in XX% in the Tesla market value since Trump joined in the White House, Google Parent Alphabet Inc. is scheduled to announce its results on Thursday. Then, four of the Magnificent Seven will receive their turn next week: Amazon on April 29; Goal and Microsoft on April 30; and Apple on May 1.
Nvidia, which operates in a fiscal year that ends in January, is scheduled to conclude on May 28 with the launch of its quarterly results.
