{"id":62677,"date":"2025-02-03T10:02:14","date_gmt":"2025-02-03T15:02:14","guid":{"rendered":"https:\/\/www.businessupturn.com\/usa\/?p=62677"},"modified":"2025-02-03T10:02:14","modified_gmt":"2025-02-03T15:02:14","slug":"stock-market-today-nvidia-down-by-5-28-while-tesla-plunged-by-5-29-as-wall-street-is-hit-by-trumps-tariffs-imposition-decision","status":"publish","type":"post","link":"https:\/\/www.businessupturn.com\/usa\/stock-market-today-nvidia-down-by-5-28-while-tesla-plunged-by-5-29-as-wall-street-is-hit-by-trumps-tariffs-imposition-decision\/62677\/","title":{"rendered":"Stock market today: NVIDIA down by 5.28% while Tesla plunged by 5.29% as Wall Street is hit by Trump\u2019s tariffs imposition decision"},"content":{"rendered":"

As of <\/span>9:49 AM EST<\/b> 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\u2019s decision to impose tariffs on Canada, Mexico and China.\u00a0<\/span><\/p>\n

NVIDIA Corporation<\/b> traded at <\/span>113.73 USD<\/b>, down <\/span>5.28%<\/b>, with a market capitalization of <\/span>2.79 trillion USD<\/b>. The chipmaker company experienced a 16% fall last week after the release of DeepSeek AI model. MIc<\/strong>\u2019s CEO Jensen Huang also met President Donald Trump on Friday to discuss following reports that White House could consider tightening <\/span>restrictions on sales of advanced U.S. chips to China.\u00a0<\/span><\/p>\n

Tesla, Inc.<\/b> followed a similar trend, dropping <\/span>5.29%<\/b> to <\/span>383.21 USD<\/b>, with a market cap of <\/span>1.23 trillion USD<\/b>. Meanwhile, <\/span>Meta Platforms, Inc.<\/b> saw slight gains, rising <\/span>0.50%<\/b> to <\/span>692.61 USD<\/b>, reaching a market capitalization of <\/span>1.75 trillion USD<\/b>.\u00a0<\/span><\/p>\n

Apple Inc.<\/b> declined <\/span>2.55%<\/b>, trading at <\/span>229.99 USD<\/b>, with its market cap standing at <\/span>3.46 trillion USD<\/b>. However, <\/span>Amazon.com, Inc.<\/b> fell slightly by <\/span>0.62%<\/b>, with its stock priced at <\/span>236.22 USD<\/b> and a market cap of <\/span>2.48 trillion USD<\/b>.<\/span><\/p>\n

\u00a0<\/span>Microsoft Corporation<\/b> also dipped <\/span>0.69%<\/b> to <\/span>412.19 USD<\/b>, holding a market cap of <\/span>3.06 trillion USD<\/b>. Chip-maker company Palantir<\/strong><\/span> Technologies Inc.<\/b> dropped <\/span>4.13%<\/b>, trading at <\/span>79.08 USD<\/b>, with a market cap of <\/span>180.16 billion USD<\/b>. Palantir is set to release its earnings report after the closing bell today.\u00a0<\/span><\/p>\n

MicroStrategy Incorporated<\/b> also saw a sharp decline of <\/span>4.98%<\/b>, with shares priced at <\/span>318.11 USD<\/b>, bringing its market cap to <\/span>79.93 billion USD<\/b>. Similarly, <\/span>Broadcom Inc.<\/b> traded at <\/span>216.32 USD<\/b>, marking a <\/span>2.24%<\/b> decline, with a market cap of <\/span>1.01 trillion USD<\/b>.\u00a0<\/span><\/p>\n

Lastly<\/span>, Alphabet Inc.<\/b> followed with a <\/span>1.68%<\/b> decrease, trading at <\/span>202.15 USD<\/b>, and a market capitalization of <\/span>2.46 trillion USD<\/b>.<\/span><\/p>\n

Disclaimer: This article is for informational purposes only and does not constitute any financial advice.<\/span><\/p>\n

\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"

NVIDIA Corporation traded at 113.73 USD, down 5.28%, with a market capitalization of 2.79 trillion USD.<\/p>\n","protected":false},"author":433,"featured_media":2030,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[73],"tags":[24658,22370,22371,17335,22414,23237,23551,3934,22477,153],"class_list":["post-62677","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-us-markets","tag-alphabet-inc","tag-amazon-com","tag-apple-inc","tag-broadcom","tag-meta-platforms","tag-microsoft-corporation","tag-microstrategy-inc","tag-nvidia","tag-palantir-technologies-inc","tag-tesla"],"reading_time":"2 min read","_links":{"self":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts\/62677","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/users\/433"}],"replies":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/comments?post=62677"}],"version-history":[{"count":0,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts\/62677\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/media\/2030"}],"wp:attachment":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/media?parent=62677"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/categories?post=62677"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/tags?post=62677"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}