The “magnificent seven shares” accumulated more than $ 1.5 billion in market value on Wednesday after President Trump stopped his radical tariffs for 90 days, relieving pressure on technological giants that had fallen into recent sessions.
The earnings did not erase the $ 3.4 billion that companies have collectively thrown their peak at the end of 2024, with about $ 2 billion of those losses since last week after they exceeded tariffs on the imports of the council. Including greater. Including greater.
But Cool Investors reprieve is a reason to buy exenous thesis shares, whose valuations had reached stratospheric levels as companies provide billions of dollars in the construction of an artificial intelligence infrastructure.
“With luck, the pause gives the CFOs and a space to breathe CFO to process with expansion plans relaxed by AI that a leg can have due to commercial friction, particularly as the imports of the chips of AI and the example of specialized hardware of Taiws, the side of the side of Southaa Side Korea Schulman, director of investment of Running Point Capital of Mag 7 through funds and family clients.
“Big Tech artificial intelligence ambitions require Aldum capex, cross -border talent and complex hardware dependencies,” Schulman said.
He added that the clarity about tariffs was essential to eliminate the uncertainty of budget decisions, and although the pause would allow companies to resume strategic planning, the perspectives were still uncle.
The shares of the company-Ai Ai NVIDIA, Apple, Tesla, Microsoft, Alphabet, Facebook Meta and Amazon chips giant closed between 9%and 23%, which drives a market rally that pushed Nasdaq more than 12%.
When carrying the markets that are raised, tariffs have launched the spending of companies in tools and services that work with the offered by technological giants. Wall Street will analyze budgets and expenses when companies report quarterly results from this month.
Alphabet reiterated Wednesday that he would spend $ 75 billion this year to develop the capacity of the data center, while Microsoft has said it was on their way to spending more than $ 80 billion to develop its data center infrastructure.
“These investments are informed by short and long term demand signs,” Microsoft said Tuesday.
Trump said Wednesday that he would pause many of his new rates for 90 days, even when he raised them more in China imports. Its sudden reversal occurred less than 24 hours after the new steep rates were activated in imports of the business members.
He said he would raise the rate on Chinese imports to 125% from the level of 104% of that tok effect at midnight. At the same time, he said that he would go to other countries also subject to their new specific dresses.
