The star tech stocks have collectively weakened, with Tesla (TSLA.US) falling nearly 5%.

Generated by AI AgentMarket Intel
Monday, Feb 3, 2025 10:40 am ET1min read
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On Monday, major technology stocks weakened, with Nvidia (NVDA.US), TSMC (TSM.US), and Tesla (TSLA.US) falling nearly 5%, Oracle (ORCL.US), and Micron Technology (MU.US) falling over 3%, Broadcom (AVGO.US), and Apple (AAPL.US) falling over 2%. On the news front, on February 2, U.S. President Trump said he would talk with Canada and Mexico about tariffs on the third. Trump also said he planned to impose tariffs on EU products soon, but the decision on whether to impose tariffs on Britain was still under consideration. Analysts pointed out that U.S. President Trump's announcement of tariffs has disrupted the global market, and investors have sold risk assets.

Some market institutions believe that the decline of U.S. stocks, especially technology stocks, may be related to DeepSeek. According to the analysis of China Merchants International, in the short term, U.S. AI theme investment may face negative sentiment, and the valuation level of U.S. technology leaders is at a high level. In the absence of a clear impact, it is recommended that investors hedge risks. However, it is unnecessary to panic because of the short-term fluctuations in stock prices.

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