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Tech Sector To See Major Impact From Tariffs And Tesla's Delivery Numbers, Says Top Analyst: Calls April 2 As The 'Vortex Day'

Benzinga LogoBenzinga5d ago

Tech Sector To See Major Impact From Tariffs And Tesla's Delivery Numbers, Says Top Analyst: Calls April 2 As The 'Vortex Day' - Benzinga

Quick Summary:

Gene Munster, managing partner at Deepwater Asset Management, has expressed concern over the potential impact of new tariffs on the tech sector, particularly on “Mag Seven” stocks.

What Happened: Speaking to CNBC on Monday, Munster noted that most of the “Mag Seven” tech stocks have been on a downward trend this year, with Meta being the only exception.

He anticipates that the sector could face additional pressure as new tariffs are set to take effect on April 2.

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Tech Sector To See Major Impact From Tariffs And Tesla's Delivery Numbers, Says Top Analyst: Calls April 2 As The 'Vortex Day' - Benzinga (Picture 1)

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Article Details

Author / Journalist: Namrata Sen

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-24 @ 13:37:30 (5 days ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 463 words

Reading Time: 3 minutes read

Sentences: 23 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 27276397

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About Benzinga

Benzinga Logo

Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 9 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #53

Publisher Details

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  • URL: https://chronographically.beamstart.com/news/tech-sector-to-see-major-17428237617386

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