This is in response to Trump confirming that the 25% Canada and Mexico tariffs would be going ahead, alongside a furt
The Nasdaq fell 2.6% Monday after Trump vowed to implement the Canada and Mexico tariffs, as the tech index is down 8.5% from its all-time high set less than two weeks ago.
Nvidia (NVDA) stock rebounded from an early-morning slump on Tuesday as AI stocks shook off the tariff shock that sent the broader market reeling. Nvidia shares rose 1.7% Tuesday after tumbling more than 8% yesterday and trading as much as 4% lower in premarket trading today.
Nvidia Corp NVDA could be facing mounting pressure as President Donald Trump's administration is considering tightening technology export controls to China, threatening a revenue stream that accounts for roughly 15% of the chipmaker’s business.
If the tariffs continue to rock the tech world, Democratic lawmakers worry this could ultimately eat into the state’s revenues.
Growth stocks are in focus as President Donald Trump’s tariffs on Mexico and Canada went live on Tuesday, March 4. His administration also raised tariffs on China from 10% to 20%. While higher tariffs across the board could prove to be a meaningful headwind for growth names,
U.S. stocks fell on Tuesday as President Donald Trump’s newly imposed 25% tariffs on goods from Canada, Mexico, and China prompted retaliatory measures from some of the affected countries.China imposed additional duties of up to 15% on certain U.