Tech Stocks Sell Off Amid Tariff Backlash

Bloomberg Technology

Bloomberg

Tech News, Business News, Business, News

4.5 • 49 Ratings

🗓️ 3 April 2025

⏱️ 49 minutes

🔗️ Recording | iTunes | RSS

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Summary

Bloomberg’s Caroline Hyde discusses how investors are reacting to tariffs as the magnificent seven and other tech names drop. Mark Mahaney, Evercore ISI managing partner, explains the global impact tech firms could face in a trade war. And Sowmyanarayan Sampath, Verizon Consumer Group CEO, on how consumers could be hit by tariffs.

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Transcript

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0:00.0	Something unexpected happened after Jeremy Scott confessed to killing Michelle Schofield in Bone Valley Season 1.
0:09.1	Every time I hear about my dad is, oh, he's a killer. He's just straight evil.
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0:38.9	Big tech dominating our headlines.
0:40.5	Another win for Donald Trump.
0:41.6	A key inflation report.
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1:01.0	From the heart of where innovation, money, and power collide in Silicon Valley and beyond,
1:08.6	this is Bloomberg Technology with Caroline Hyde and Ed Ludlow.
1:13.6	Live from New York, I'm Caroline Hyde, and this is Bloomberg Technology.
1:31.3	Tariffs, they have come for big tech, the sector among the worst hit, as higher duties
1:36.3	target their Asian supply chain and investors brace for retaliation.
1:40.3	Bloomberg spoke with Treasury Secretary Scott Besson yesterday, who says the tech sell-off is actually not a MAGA problem.
1:47.0	In my old business, I was very concerned about market movements, and I'm trying to be Secretary of Treasury, not a market commentator.
	...

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