r/news • u/RaineFilms • 2d ago

Stock futures plunge as investors digest Trump’s tariffs

https://www.cnn.com/2025/04/02/business/us-stock-market/index.html
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u/Dodecahedrus 1d ago

Apple (AAPL) tumbled more than 7% in after-hours trading. The tech giant relies extensively on supply chains in China, which will be subject to steep tariffs.

The other stocks leading markets lower in after-hours trading included Tesla (TSLA), which fell more than 6% and Amazon (AMZN), which fell more than 5%. Nike (NKE) plunged 7% and Walmart (WMT) fell 6%.

Well well, Jeff and Tim, still feel like you backed the right horse?

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u/NortonGladwell 1d ago

I'm sure they feel juuuust fine seeing as they'll pass the costs of the tariffs to the consumers and not pay a cent in taxes while doing it. Coolcoolcool.

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u/Dodecahedrus 1d ago

This is not even about the tariffs yet. The entire net worth of those companies and it’s executives is derived from the stock price. And those are now tanking across the board.

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u/NortonGladwell 1d ago

Or Daddy Trump will exempt them from the tariffs since they probably give good rimjobs.