Reported 21 days ago
Tech giants like Apple, Amazon, Google, Tesla, and Meta, which supported Trump's campaign, have collectively lost $1.8 trillion due to tariffs, described by analysts as 'economic armageddon' for the sector. Despite their initial support, companies are now facing significant financial setbacks, with individual executives like Elon Musk and Mark Zuckerberg experiencing drastic drops in personal net worth, while the industry as a whole anticipates a substantial decline in earnings.
Source: YAHOO