‘Seven magnificent’ lose $ 1.8 tri in market value in two days after tariffs

After last days turmoil with reciprocal tariffs announced by Donald Trump, the market value of US -listed companies shrank at $ 6.08 trillion in the last two trading sessions, according to data from the Elos Ayta consultancy. Since January 20, 2025 – Date of the inauguration of President Donald Trump – the destruction of value already reaches $ 9.81 trillion, according to the study.

In the April 4th, the actions of the so -called “seven magnificent” – Microsoft, Tesla, Nvidia, Apple, Amazon.com, Meta Platforms and Alphabet – lost together $ 802 billion, a lower retraction than the one recorded the day before, when the fall was $ 1.03 trillion. In the last two days, the loss added $ 1.83 trillion, raising to $ 4.26 trillion the devaluation since the beginning of the new government.

Among the largest falls, Nvidia plummeted $ 183 billion on the 4th, in loss of 7.4%, accumulating a low of $ 1.07 trillion since January. The fall was also faced with delayed fears in launching the company’s Blackwell hardware. Apple and Microsoft also recorded significant losses of US $ 533 billion and US $ 515 billion, respectively, in the year.

Apple fell 7.3%, penalized for dependence on Chinese manufacturing. Tesla melted 10.5% after Chinese retaliation, increasing the fall to almost 40% in the year.

Interestingly, the US government said 32% rates on Taiwan imports would not apply to chips. Most Nvidia chips are made on the island.

Intel plummeted 11.5% after rising in the pre-market with a report that the company signed a preliminary deal to create a joint venture with TSMC.

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Chevron’s papers melted 8.2%on oil fall day. Also pressured by Chinese retaliation, Boeing fell 9.5%.

(With Estadão Content)

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