SAN FRANCISCO (AP) — As Big Tech enters its quarterly earnings season, major companies face unprecedented uncertainty due to recent actions by the Trump administration. Since President Trump’s inauguration, Big Tech stocks have experienced significant volatility, erasing trillions in shareholder wealth due to tariffs and other policies. The “Magnificent Seven”—Apple, Microsoft, Nvidia, Amazon, Tesla, Alphabet, and Meta Platforms—have seen their combined market value drop by $3.8 trillion. These companies are grappling with the implications of Trump’s trade war and potential supply chain disruptions. Additionally, regulatory challenges persist, including antitrust lawsuits against Meta, Google, Apple, and Amazon. Tech CEOs will address these issues during earnings calls throughout April and May. — new from AP News
