The magnificent seven adds dajak $ 1.5t in value while Trump stops comprehensive tariffs

Shares “Magnificent Seven” collected more than $ 1.5 trillion in market value Wednesday after President Trump banned his comprehensive tariffs for 90 days, facilitating pressure on technology giants who had fallen into the last sessions.

Profits do not delete $ 3.4 trillion in value that companies have collectively poured from their peak at the end of 2024, with about $ 2 trillion of those losses coming from last week after Trump hit imports from countries, including China’s main technology market.

But the return gave investors a reason to buy these expensive shares, whose estimates had reached stratospheric levels as companies bet billions of dollars to build artificial intelligence infrastructure.

“Pausa we hope that CFOs and COOS respiratory room to continue with expansion plans associated with what may have been pending due to trade friction, especially such as the imports of it and specialized equipment-South Korea-are exposed to tariff risks,” said Michael Schulman. capital of points, which have exposed to magnas shares through funds and households.

“The ambitions of that of Big Tech require a large lid, cross -border talent and complex hardware dependence,” Schulman said.

He added that tariff clarity was essential to remove uncertainty from budgeting decisions, and while the pause would allow companies to resume strategic planning, the view was still unclear.

Shares of the Company-Chip of the Chip AI NVIDIA, Apple, Tesla, Microsoft, Alphabet, Facebook-Parent Meta and Amazon closed between 9%and 23%, strengthening a market rally that pushed nasdaq more than 12%.

In addition to shocked markets, tariffs have dropped part of business expenses on the power tools and services offered by Giants Tech. Wall Street will consider budgets and expenses when businesses report quarterly results starting this month later.

The alphabet on Wednesday reiterated that it would spend about $ 75 billion this year to build the data center capacity, while Microsoft said it was on the right track to spend more than $ 80 billion to develop its data infrastructure.

“These investments are informed by long -term and long -term demand signals,” Microsoft said on Tuesday.

Trump said on Wednesday that he would pause many of his new tariffs for 90 days, even when he raised them further for imports from China. His sudden return came less than 24 hours after new steep tariffs imports from dozens of trading partners.

He said he would increase the fee for Chinese imports to 125% from the 104% level that came into force at midnight. At the same time, he said he would lower them in other countries also subject to his new target tasks.