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As of 9:49 AM EST today, leading technology stocks experienced varied movements in early trading. The stock market opened on Monday with a red signal as investors are assessing Trump’s decision to impose tariffs on Canada, Mexico and China.
NVIDIA Corporation traded at 113.73 USD, down 5.28%, with a market capitalization of 2.79 trillion USD. The chipmaker company experienced a 16% fall last week after the release of DeepSeek AI model. MIc’s CEO Jensen Huang also met President Donald Trump on Friday to discuss following reports that White House could consider tightening restrictions on sales of advanced U.S. chips to China.
Tesla, Inc. followed a similar trend, dropping 5.29% to 383.21 USD, with a market cap of 1.23 trillion USD. Meanwhile, Meta Platforms, Inc. saw slight gains, rising 0.50% to 692.61 USD, reaching a market capitalization of 1.75 trillion USD.
Apple Inc. declined 2.55%, trading at 229.99 USD, with its market cap standing at 3.46 trillion USD. However, Amazon.com, Inc. fell slightly by 0.62%, with its stock priced at 236.22 USD and a market cap of 2.48 trillion USD.
Microsoft Corporation also dipped 0.69% to 412.19 USD, holding a market cap of 3.06 trillion USD. Chip-maker company Palantir Technologies Inc. dropped 4.13%, trading at 79.08 USD, with a market cap of 180.16 billion USD. Palantir is set to release its earnings report after the closing bell today.
MicroStrategy Incorporated also saw a sharp decline of 4.98%, with shares priced at 318.11 USD, bringing its market cap to 79.93 billion USD. Similarly, Broadcom Inc. traded at 216.32 USD, marking a 2.24% decline, with a market cap of 1.01 trillion USD.
Lastly, Alphabet Inc. followed with a 1.68% decrease, trading at 202.15 USD, and a market capitalization of 2.46 trillion USD.
Disclaimer: This article is for informational purposes only and does not constitute any financial advice.