ADVERTISEMENT
TechEconomy
Friday, May 23, 2025
No Result
View All Result
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
      • Accessories
      • Phones
      • Laptop
      • Gadgets and Appliances
      • Apps
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
      • Broadband
    • Mobility
    • Environment
    • Travel
    • Commerce
    • StartUPs
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • Appointment
    • EventDIARY
    • Editorial
  • Apply
  • TecheconomyTV
  • Techeconomy Events
  • BusinesSENSE For SMEs
  • TBS
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
      • Accessories
      • Phones
      • Laptop
      • Gadgets and Appliances
      • Apps
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
      • Broadband
    • Mobility
    • Environment
    • Travel
    • Commerce
    • StartUPs
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • Appointment
    • EventDIARY
    • Editorial
  • Apply
  • TecheconomyTV
  • Techeconomy Events
  • BusinesSENSE For SMEs
  • TBS
No Result
View All Result
Tech | Business | Economy
No Result
View All Result
Podcast

Home » Apple Loses $113 Billion in Value, Amazon Sheds $36 Billion as Tariff Fears Trigger Tech Stock Shake-Up

Apple Loses $113 Billion in Value, Amazon Sheds $36 Billion as Tariff Fears Trigger Tech Stock Shake-Up

Joan Aimuengheuwa by Joan Aimuengheuwa
May 2, 2025
in DisruptiveTECH
0
Apple Loses $113 Billion in Value, Amazon Sheds $36 Billion
Source: Apple

Source: Apple

RelatedPosts

OpenAI Brings Former Apple Design Chief Jony Ive Onboard

OpenAI Brings Former Apple Design Chief Jony Ive Onboard

May 22, 2025

Gemini Closes in on ChatGPT, Hits 400 Million Monthly Users

May 21, 2025

Apple and Amazon shares took a hit after markets closed on Thursday, even as other tech giants got some positive results. The reason? Investors weren’t impressed by what they heard—especially when it came to future costs and slower-than-expected growth.

Apple’s stock dropped 4% in after-hours trading. The company had posted better-than-expected quarterly results, but one sentence from CEO Tim Cook caused concern:

“Estimated tariffs will add about $900 million in costs to the quarter ending in June if rates do not change.” That figure spooked investors who were already wary of ongoing trade tensions between the U.S. and China.

It doesn’t stop there. Apple’s Services division—the one expected to carry more of the load as iPhone sales level off—also failed to meet expectations. That matters. Services is Apple’s second-biggest revenue stream, and when it underperforms, the market pays attention.

Cook also pointed to supply chain shifts aimed at reducing reliance on China. A large chunk of Apple’s upcoming production will come from India and Vietnam. The company is trying to protect itself from being caught in the crossfire of U.S.-China trade wars. But these changes take time and cost money.

Amazon wasn’t spared either. Its stock fell 2.5% after the company released weak guidance and revealed that its cloud division—Amazon Web Services—grew slower than analysts had hoped.

That’s the third quarter in a row of missing growth expectations. Worryingly, Amazon also hinted at economic headwinds ahead, including the ripple effects of tariffs and lingering fears of a global slowdown.

During the regular trading session, Amazon had gained 3.1% and Apple had edged up by just 0.4%, but the tone shifted quickly after the earnings calls. A federal judge also ruled that Apple had violated a court order related to its App Store practices, piling on more pressure.

This drop in Apple and Amazon contrasts sharply with what happened to Microsoft and Meta. Microsoft jumped 7.6% on Thursday, thanks to a strong showing from its cloud business. AI-related growth played a major role, with the company stating that AI alone added 16 percentage points to Azure’s growth—up from 13 points the quarter before.

Meta wasn’t far behind. It ended the day up 4.2% after reporting that its AI-powered ad tools were pulling in more advertising dollars, even as global economic uncertainty dragged on.

Other chip and hardware stocks rode the momentum. Nvidia and Broadcom each gained 2.5%, further fuelling the belief that investment in artificial intelligence is finally paying off.

We’ve seen tech stocks struggle earlier this year, especially the so-called “Magnificent Seven”—Apple, Amazon, Microsoft, Meta, Nvidia, Alphabet, and Tesla.

The fear was if tariffs return in full force, the global tech economy could take a massive hit. Although some relief came when Trump paused several of his steepest tariffs on April 9, nobody’s feeling entirely safe. Trade talks between China and the U.S. are still ongoing. The outcome could reshape everything.

Jake Dollarhide, CEO of Longbow Asset Management, summed it up without sugarcoating: “Apple has storm clouds on multiple fronts.” Yet he remains bullish on the sector: “I’m still upbeat on megacap tech-related names overall.”

The reality is that Wall Street is still betting big on tech—but it’s being selective. Growth is no longer enough. Investors want clarity, stability, and a clear strategy for managing risk in an unpredictable economic climate. Apple and Amazon didn’t deliver that last night. Microsoft and Meta did.

Loading

Advertisements
MTN ADS

0Shares
Tags: amazonAmazon earnings report Q1 2025Amazon stocksappleApple stock drop 2025Apple stocksBig Tech earnings 2025 analysisTim Cook Apple tariff warningUS-China tariffs impact on tech
Previous Post

UK-Nigeria Partnership Strengthened to Detect, Disrupt and Deter Fraud

Next Post

Legit Honours Flutterwave, MoniePoint, MoreMonee, Other Fintech Leaders

Joan Aimuengheuwa

Joan Aimuengheuwa

Joan thrives at helping individuals and businesses scale via storytelling...

Related Posts

OpenAI Brings Former Apple Design Chief Jony Ive Onboard
DisruptiveTECH

OpenAI Brings Former Apple Design Chief Jony Ive Onboard

by Joan Aimuengheuwa
May 22, 2025
0

This means OpenAI is now moving from just powering AI software to creating the devices that will carry it into...

Read more
Gemini Closes in on ChatGPT as Google Hits 400 Million Monthly Users

Gemini Closes in on ChatGPT, Hits 400 Million Monthly Users

May 21, 2025
Google I/O 2025

From AI Filmmaking to Smarter Search: 12 Key Announcements at Google I/O 2025

May 21, 2025
Everything Announced at Google I/O 2025

Everything Announced at Google I/O 2025 – Keynote | Gemini | Deep Think

May 20, 2025
research on Agentic AI -

Research: Strong Data Foundation, Governance Capabilities Key to Businesses Securely Implementing  Agentic AI

May 20, 2025
Xiaomi to Launch Its First High-End Smartphone Chip, XRING 01

Xiaomi to Launch Its First High-End Smartphone Chip, XRING 01

May 19, 2025
Next Post
Legit Honours Flutterwave, MoniePoint, MoreMonee, Other Fintech Leaders

Legit Honours Flutterwave, MoniePoint, MoreMonee, Other Fintech Leaders

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Techeconomy Podcast

Techeconomy Podcast
Techeconomy Podcast

Infowave is brought to you by TechEconomy. Every week we will bring new stories from startups and influencers who are shaping and changing the world we live in. We’ll also bring you reports on topics you should know.

Follow us @techeconomyng for more.

TECH TALK EPISODE 2
byTecheconomy

PRODUCTIVITY AND WORK-Life Balance

TECH TALK EPISODE 2
TECH TALK EPISODE 2
May 22, 2025
Techeconomy
CYBERSECURITY ESSENTIALS
April 24, 2025
Techeconomy
Digital Marketing Trends and strategies for 2025 and beyond
February 27, 2025
Techeconomy
Major Lesson for Techies in 2024 and Projections for 2025
December 6, 2024
Techeconomy
Major Lessons for Techies in an AI-Driven World | Techeconomy Business Series Highlights
November 26, 2024
Techeconomy
Maximizing Profitability Through Seasonal Sales: Strategies For Success
November 8, 2024
Techeconomy
Techeconomy Business Series
October 15, 2024
Techeconomy
PRIVACY IN THE ERA OF AI: GETTING YOUR BUSINESS READY
May 30, 2024
Techeconomy
Unravel the Secrets of Marketing Everywhere All At Once with Isaac Akanni from Infobip | Infowave Podcast Episode 1
February 9, 2024
Techeconomy
The Role of Ed-tech in Life Long Learning and Continuous Education
October 19, 2023
Techeconomy
Search Results placeholder

WHAT IS TRENDING

https://www.youtube.com/watch?v=g_MCUwS2woc&list=PL6bbK-xx1KbIgX-IzYdqISXq1pUsuA4dz

Follow Us

  • About Us
  • Contact Us
  • Careers
  • Privacy Policy

© 2025 Techeconomy - Designed by Opimedia.

No Result
View All Result
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
      • Accessories
      • Phones
      • Laptop
      • Gadgets and Appliances
      • Apps
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
      • Broadband
    • Mobility
    • Environment
    • Travel
    • Commerce
    • StartUPs
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • Appointment
    • EventDIARY
    • Editorial
  • Apply
  • TecheconomyTV
  • Techeconomy Events
  • BusinesSENSE For SMEs
  • TBS

© 2025 Techeconomy - Designed by Opimedia.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.