Tech crash: Trump’s China tariffs causes $770 bn wipeout from Amazon, Nvidia, Tesla

Tech giants like Amazon, Nvidia, and Tesla faced a staggering $770 billion market value loss following President Trump's threat of 100% tariffs on China and export controls. This significant downturn, the worst since April, also impacted the Nasdaq and S&P 500, with Bitcoin experiencing a sharp decline amidst the trade tensions.

Tech crash: Trump’s China tariffs causes $770 bn wipeout from Amazon, Nvidia, Tesla
Tech giants like Amazon, Nvidia, and Tesla faced a staggering $770 billion market value loss following President Trump's threat of 100% tariffs on China and export controls. This significant downturn, the worst since April, also impacted the Nasdaq and S&P 500, with Bitcoin experiencing a sharp decline amidst the trade tensions.