‘Magnificent seven’ loom around uncertainty and turmoil amid Trump’s turbulence

Leading tech firms loom around economic disturbance and uncertainty as they set to report the first-quarter earnings this week. The return of Donald Trump to the White House is one of the key reasons behind the current state of these big firms. Reciprocal tariffs and unstable markets have impacted the performance of the global economy.

The ‘magnificent seven’- which includes Apple, Meta, Microsoft, Nvidia, Amazon, Tesla, and Alphabet (google parent), are the leading firms of the technology sector and firms have altogether seen a blow of 22 per cent, which is $3.8 trillion from its market value as of Sunday.