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What does a bear market mean for Big Tech?

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Manage episode 476024226 series 3603730
Content provided by American Public Media. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by American Public Media or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

After President Donald Trump's launched his “Liberation Day” tariff agenda, the tech-heavy Nasdaq Composite stock index suffered its biggest plunge since March 2020. The so-called Magnificent 7 — Nvidia, Apple, Meta, Amazon, Google, Microsoft and Tesla — lost a combined $1.8 trillion of market value in two days. The tariff-induced downturn in business conditions is likely to be temporary, according to Daniel Newman, CEO and chief analyst at the Futurum Group, a tech research and advisory firm. Newman told Marketplace’s Meghan McCarty Carino that tech consumers might feel more of the pain, but not much can stop corporate AI adoption and the data center buildout.

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150 episodes

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Manage episode 476024226 series 3603730
Content provided by American Public Media. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by American Public Media or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

After President Donald Trump's launched his “Liberation Day” tariff agenda, the tech-heavy Nasdaq Composite stock index suffered its biggest plunge since March 2020. The so-called Magnificent 7 — Nvidia, Apple, Meta, Amazon, Google, Microsoft and Tesla — lost a combined $1.8 trillion of market value in two days. The tariff-induced downturn in business conditions is likely to be temporary, according to Daniel Newman, CEO and chief analyst at the Futurum Group, a tech research and advisory firm. Newman told Marketplace’s Meghan McCarty Carino that tech consumers might feel more of the pain, but not much can stop corporate AI adoption and the data center buildout.

  continue reading

150 episodes

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