US tech stocks fall for a third session after US tariffs: Apple, Tesla, Meta, Amazon, Microsoft, and Alphabet drop; an X post caused stocks to jump temporarily

Technology stocks teetered in volatile trading Monday as President Donald Trump stood by his sweeping global tariff plans following last week's devastating selloff.

CNBC 2025-04-07 Samantha Subin

Context & Ripple Effects

The move extends a tariff-driven selloff that began with the announcement of new global measures, when major platforms and chip-linked names declined together in the initial market reaction to the tariff announcement. The following session brought a sharper Nasdaq drop, reinforcing that the pressure was broad rather than isolated to one company or subsector as the post-announcement selloff deepened.

It matters because Apple, Tesla, Meta, Amazon, Microsoft and Alphabet are treated by markets as a highly visible group. Their simultaneous weakness turns tariff policy into an immediate valuation issue for the largest US technology franchises.

First-order effects

Share prices of the named companies fall for a third consecutive session as investors reprice exposure to the administration's tariff plans.
The brief X-driven rebound illustrates unusually fragile trading conditions: sentiment can reverse quickly before policy details or corporate effects are resolved.

Second-order effects

A synchronized decline across hardware, consumer-platform and software leaders encourages investors to reassess tariff sensitivity at the sector level rather than company by company.
Continued policy escalation can sustain pressure across the same large-cap cohort, as later coverage showed when confirmed China tariffs coincided with another broad technology retreat and steep losses in major tech names.

Third-order effects

If tariff announcements repeatedly move the largest technology stocks in tandem, trade policy becomes a more persistent macro input to tech valuations, alongside company-specific execution and AI expectations.
The pattern could reinforce the market's concentration risk: a small group of dominant technology companies can transmit a policy shock through major equity indexes at once.

The trend: Trade-policy uncertainty is increasingly acting as a cross-sector valuation driver for concentrated US technology leadership.

Discussion

@hunterwalk.com @hunterwalk.com on bluesky
at this rate Big Tech is going to become Little Tech [embedded post]
@vonderleyen Ursula von der Leyen on x
Europe is ready to negotiate with the US. We have offered zero-for-zero tariffs for industrial goods. Because we're always ready for a good deal. But we're also prepared to respond with countermeasures. And protect ourselves against indirect effects through trade diversion. [vide…
@tier10k @tier10k on x
Seems like originated on twitter CNBC saw it, said they couldn't verify it but put the headline on the screen anyways Reuters then flashed it citing CNBC Cinema
@deitaone @deitaone on x
🚨 HASSETT: TRUMP IS CONSIDERING A 90-DAY PAUSE IN TARIFFS FOR ALL COUNTRIES EXCEPT CHINA
@deitaone @deitaone on x
@HighyieldHarry reuters
@abetrade Adam on x
congrats to Cointelegraph intern getting hired by CNBC.
@chuckrossdc Chuck Ross on x
I am now curious about whether “Walter Bloomberg” made any stock trades before this tweet about the 90-day pause that never was. https://x.com/...
@byrnehobart Byrne Hobart on x
I once made what turned out to be a dumb mistake that moved a large-cap stock a couple percent. But if the Hassett headline really is a misquote from the interview that's now floating around, Walter Bloomberg did that for the entire stock market.
@chuckrossdc Chuck Ross on x
Walter Bloomberg strikes again [image]
@mattzeitlin Matthew Zeitlin on x
RIP The Walter Bloomberg Pump, 10:13am-10:48am
@daveweigel David Weigel on x
Is this how people learn that Walter Bloomberg is just a guy who copies and pastes stuff, not a Bloomberg News service?
@joepostingg Joe on x
“Walter Bloomberg” just pump and dumped the entire stock market
@deitaone @deitaone on x
@Phil_Mattingly [image]
@phil_mattingly Phil Mattingly on x
today was the day i learned walter bloomberg is not, in fact, just pulling heds verbatim from the Terminal...and i clearly was not the only one...
@danpolovina Dan Polovina on x
Time to explain to your normie friends that there is a guy named Walter Bloomberg that can move markets by trillions of dollars on a headline and he has no relation to the more famous Bloomberg. If Vox was still Vox they'd do an explainer.
@firstadopter Tae Kim on x
What terminal is Walter's screenshot from? [image]
@hadas_gold Hadas Gold on x
This tweet, which may have cost people a lot of money, has now been deleted [image]
@thestalwart Joe Weisenthal on x
Remember who posted fake Hassett headlines in the Bloomberg style
@unusual_whales @unusual_whales on x
BREAKING: There was a fake news headline that Trump is reportedly expecting to announce a 90 day tariff pause It was shared on X, and CNBC and Reuters shared it. The White House has denied this now. This post has been edited to reflect that.
@atrupar Aaron Rupar on x
KILMEADE: Would Trump consider a 90 days pause in tariffs? HASSETT: I think the president is gonna decide what the president is gonna decide ... even if you think there will be some negative effect from the trade side, that's still a small share of GDP [video]
@rapidresponse47 @rapidresponse47 on x
Wrong. Fake News.
@thestalwart Joe Weisenthal on x
The White House really wants you to know that it did not say that thing that caused stocks to surge 10%
@thestalwart Joe Weisenthal on x
*WHITE HOUSE TELLS CNBC 90-DAY PAUSE ON TARIFFS IS ‘FAKE NEWS’
@sarahmillerdc Sarah Miller on x
LiNa kHaN wAs BaD fOr ThE sToCk MaRkEt
@deitaone @deitaone on x
wtf 🚨 *CNBC: NO ONE AT WHITE HOUSE IS AWARE OF 90 DAY PAUSE [image]
@semaforben Ben Smith on x
Incredible story: Social media mirage (verified account, aggressive interpretation of a Fox interview w Hassett) driving really massive moves in the market.
@thestalwart Joe Weisenthal on x
INSANE market action right now. Market exploded higher on a headline attributed to Kevin Hassett. And now nobody can figure out where it came from and the markets are diving again. An 8% surge and then a 3.5% plunge in a matter of seconds [image]
@andrewyang Andrew Yang on x
The Trump tariffs will go down in infamy as the dumbest economic move ever made.
@spencerhakimian Spencer Hakimian on x
Let's just say that before Wednesday, Trump claims that due to so many countries negotiating “great deals”, he is giving a 30 day extension on the reciprocal tariffs. Then what? Equities rally +10% into that news, but then every investor on earth derisks into that rally
@jackfarley96 Jack Farley on x
496 of the 500 stocks in the S&P 500 are down today [image]
@mattzeitlin Matthew Zeitlin on x
even before wednesday afternoon the S&P 500 was 8% off its all time highs largely due to tariff anticipation and escalation with canada and mexico, so in some sense the falls we're seeing now is a little less than it “should” be
@cgasparino Charles Gasparino on x
Here's how you make sense of what's happening: If Trump does nothing, clip you average tech stock by 15%. If he starts cutting deals, get ready for a pretty strong rally. Easy, peasy, right? Now try and predict what Trump is going to do
@stockmktnewz Evan on x
Here's how every stock in the S&P 500 is starting out trading today [image]
@thestalwart Joe Weisenthal on x
There have been a bunch of headlines out today about negotiations etc. And it's having ZERO effect on the market. S&P and NASDAQ both down over 4%. No visible boost at all.
@atrupar Aaron Rupar on x
the Dow lost 1,250 more points in the first 5 minutes of trading ... [image]
@themainewonk @themainewonk on x
If tomorrow, the S&P 500 falls more than 4% for the third day in a row, it'll be for the first time since the great depression. [image]
@thestalwart Joe Weisenthal on x
Worst day for S&P Advance/Decline gap since 2020 [image]
@samstein Sam Stein on x
The Dow closed at 43,621.16 on Feb 25 (the day of the below tweet). It opens at 38,314.86 today with more blood likely coming.
@alexwickham Alex Wickham on x
*S&P 500 SET TO ENTER BEAR MARKET AFTER FALLING 20% FROM RECORD
@morningbrew @morningbrew on x
Major averages at the open: 🔴 Dow -3.1% 🔴 S&P -3.5% 🔴 Nasdaq -3.9% 🔴 Russell -4.4% Buckle up.
@atrupar Aaron Rupar on x
Peter Navarro on CNBC calls tariffs “a beautiful situation” next to a stock ticker showing the Dow implied open down 900 points [video]
@danprimack Dan Primack on x
Got to wonder about the internal discussions at foreign companies that have committed to building new factories in the U.S. Yes, the products couldn't be tariffed. But many of the building materials would be, which means the economics have changed.
@thestalwart Joe Weisenthal on x
This is now the worst three-day performance for the S&P 500 since October 1987.
@birdyword Mike Bird on x
If the S&P 500 closes tomorrow where futures are right now, it will be the biggest three-day selloff in 38 years, a faster drop than any during either the global financial crisis in 2008 or the Covid-19 panic in March 2020. [image]
r/Destiny r on reddit
Nasdaq futures drop 5% on open. Winning intensifies.
r/StockMarket r on reddit
Dow futures fall 1,500 points Sunday as Trump tariff market rout escalates: Live updates
r/Economics r on reddit
Dow futures fall 1,500 points Sunday as Trump tariff market rout escalates: Live updates
r/FluentInFinance r on reddit
Futures opened down 5% on Sunday, DOW falls 1,500 points - LIVE

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