Trump's 'Liberation Day' Creates 'Major Uncertainty' For Big Tech, Analyst Dan Ives Says
Benzinga (Tue, 01-Apr 7:06 PM)
Shares of big tech companies, especially the Magnificent Seven, have dropped over the past six weeks as President Donald Trump's tariff agenda drove a wave of uncertainty through the market.
Wedbush analyst Dan Ives pointed to two major concerns for tech investors ahead of Trump's "Liberation Day" tariff announcements expected Wednesday.
Expert Ideas: Ives said the two biggest concerns for tech investors are a possible slowdown in AI spending amid the economic uncertainty and Beijing's potential retaliation to Trump's tariffs.
AI Spending Slowdown: Trump's tariff rollout threatens to inject caution into corporate spending, potentially delaying AI projects as businesses grapple with higher costs and economic uncertainty.
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