Unrelenting Downturn: Shares of Apple, Amazon, Nvidia, and Associates Persistently Decline
Crash, Charade, and the Money Game: A Breakdown of How China's Tariffs Affect Apple, Amazon, and Nvidia
The financial landscape is tumultuous. China's retaliatory tariffs have sent shockwaves throughout the global market, and the United States has swallowed the ripple effect. As the dust settles on Wall Street, a question looms over Apple, Amazon, and Nvidia: what's next?
Let's break it down:
The Hara-Kiri of Tech Titans - Apple, Amazon, and Nvidia
Apple, Amazon, and Nvidia have taken a beating. In pre-market trading, Apple has already dropped over 4 percent, plummeting a staggering 10 percent since the week's start. It's teetering on a crucial support zone, with fears of a tumble to around $177 if it breaks. Amazon, not far behind, is down 6 percent and over 15 percent on a weekly basis, already shattering important supports and threatening to fall to around $151. Nvidia isn't immune either, currently shedding 4 percent today and a hefty 12 percent for the week. The future looks grim for the trio, but there's a glimmer of hope.
Fear and Greed: Navigating the Tariff Swamp
Stay calm, folks. Investors should tread with caution, taking partial profits if risk is high and cash reserves are scarce. A total exit is a gamble, as a swift rebound could be just around the corner. Conversely, a fully invested portfolio could miss out on lower buying opportunities. The smarter move? Sell high-risk or poor-performing stocks and invest the proceeds in liquid assets or daily money markets. The market may continue to churn, but if the tariff storm subsides or if the FED wades in, a rapid recovery is not out of the question.
While investors should brace for more turbulence, these tech heavyweights have proven their resilience and innovative spirit, making them enticing prospects for the long haul.
References:
- The New York Times
- CNN Business
- Forbes
Disclosure: The author holds direct positions in the financial instruments mentioned in the publication or related derivatives that could benefit from the potential price development resulting from the publication: Amazon, Nvidia.
CEO Disclosure: The CEO and majority shareholder of the publisher Boersenmedien AG, Mr. Bernd Foertsch, has entered into direct and indirect positions in the financial instruments mentioned in the publication or related derivatives that could benefit from the potential price development resulting from the publication: Nvidia, Apple.
- The retaliatory tariffs imposed by China have caused significant drops in the stocks of Apple, Amazon, and Nvidia, with Apple experiencing a 10% loss since the beginning of the week and Amazon and Nvidia also seeing substantial declines.
- Investors should be cautious and tread carefully, considering taking partial profits, especially in risky situations with limited cash reserves, and potentially investing the proceeds in liquid assets or daily money markets.
- Despite the current turbulence in the market, these tech companies, known for their resilience and innovative spirit, could be attractive prospects for long-term investing.
- The finance landscape is impacted by various factors such as tariffs, and perhaps the Federal Reserve could intervene if the tariff storm subsides, leading to a potential rapid recovery.
