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Amazon, Nvidia, Tesla… Tech Stocks Plunge $770B in One Day!

Hey there, tech fans and investors! Did you feel the market shake on October 10, 2025? President Donald Trump’s shock announcement of 100% tariffs on Chinese imports sent tech stocks into a tailspin. As a result, giants like Amazon, Nvidia, and Tesla lost a staggering $770 billion in market value in just one day! Moreover, the Nasdaq dropped 3.6%, and the S&P 500 fell 2.7%. So, what happened? Let’s break it down in a simple, conversational way. First, we’ll explore why these tariffs caused such chaos. Then, we’ll dive into the impact on major companies and even crypto. Buckle up, because this is a wild ride!

To start, Trump’s tariffs hit like a thunderbolt. Specifically, he announced a 100% tariff on Chinese goods starting November 1, 2025. Additionally, he threatened export controls on critical software. Consequently, this rattled global markets. Why? Well, China’s recent restrictions on rare earth minerals, vital for tech production, sparked Trump’s response. As a result, investors panicked, fearing a full-blown trade war. In fact, this was the worst single-day loss for tech stocks since April 2025. So, let’s see how this affected the big players.

Nvidia’s Massive $229B Loss in Tech Market Crash 2025

First up, Nvidia took a huge hit. Specifically, its market cap plummeted by $229 billion on October 10. Why so hard? Well, Nvidia makes GPUs critical for AI training. However, China’s rare earth restrictions threaten chip production. As a result, Nvidia’s stock fell nearly 6%. Moreover, HSBC’s downgrade to “Hold” due to growth concerns didn’t help. Consequently, the company, which hit a $4.5 trillion market cap in September, saw its worst day ever. For instance, posts on X reflected investor shock, with some calling it a “black swan event.”

But there’s more. Nvidia powers AI for firms like OpenAI, which relies on Microsoft’s cloud. So, disruptions here ripple widely. Therefore, investors fled to safer assets like gold, which neared $4,000 per ounce.

Amazon’s $121B Drop in Stock Value 2025

Next, Amazon got slammed. Specifically, its market cap dropped $121 billion, erasing all 2025 gains. As a result, the stock is now down 2% for the year. Why? Well, Amazon rents GPUs for AI via its cloud services, competing with Microsoft. However, tariffs could raise costs for tech imports. Moreover, CEO Andy Jassy had warned about tariff impacts in July. Consequently, the 5% stock drop wasn’t a total surprise. For example, Amazon’s cloud revenue, over $100 billion annually, relies on stable supply chains. So, trade disruptions hurt big.

Additionally, the finance card above shows Amazon’s stock at $216.37, down from $227.74 the previous day. This confirms the 5% slide reported by CNBC.

tech stock crash 2025 — Nvidia Tesla Amazon Shares down

Tesla’s $71B Market Cap Loss in Tariff Chaos

Tesla also felt the heat. Specifically, its market cap fell $71 billion on October 10. Despite launching lower-priced vehicles days earlier, the stock dropped 5%. Why? Well, Tesla relies on Chinese suppliers for batteries and components. As a result, tariffs could spike costs. Moreover, the finance card above shows Tesla’s stock at $413.49, down from $435.54. Consequently, investors worried about profit margins. For instance, Tesla’s Q3 earnings on October 22 might reveal more. So, keep an eye out.

Additionally, China’s export curbs on minerals like lithium hit Tesla hard. Therefore, production delays are a real risk.

Microsoft and Other Tech Giants Hit by Tariffs

Microsoft wasn’t spared either. Specifically, its market cap dropped $85 billion. Why? Well, it spends heavily on cloud infrastructure using Nvidia GPUs. As a result, supply chain issues hurt. Moreover, OpenAI, a key partner, reported 800 million weekly ChatGPT users. So, demand for GPUs is soaring. However, tariffs could disrupt this. Consequently, Microsoft’s stock fell 2%.

Similarly, Google’s parent Alphabet dropped 2%, and Meta fell nearly 4%. For example, Meta’s AI investments rely on stable chip supplies. Therefore, the trade war spooked investors. In fact, the “Magnificent Seven” tech giants lost $1.6 trillion combined since Thursday, per some reports.

Crypto Market Crashes with $19B Liquidation

Now, let’s talk crypto. Trump’s tariffs didn’t just hit stocks. Specifically, Bitcoin crashed 8.4% to $104,782 on October 11. As a result, the crypto market lost $19 billion in 24 hours. Why? Well, Coinglass reported 1.6 million traders liquidated. For instance, one Ethereum trade on Hyperliquid lost $203 million alone. Moreover, the global crypto market cap fell from $4.2 trillion to $3.8 trillion. Consequently, the Crypto Fear & Greed Index flipped to “Fear.”

Additionally, analysts like Caroline Mauron warned Bitcoin could hit $100,000, ending its bull run. However, some, like Arthur Hayes, saw buying opportunities. So, it’s a mixed bag.

Why Did Trump Announce These Tariffs?

So, what sparked this? First, China restricted rare earth exports, requiring foreign firms to get approval. These minerals are key for chips, batteries, and more. As a result, Trump called it “aggressive” on Truth Social. Consequently, he vowed 100% tariffs over the existing 30%. Moreover, he threatened software export controls. For example, this could limit China’s access to AI tools or cloud tech.

However, this isn’t new. Trump’s first term saw similar trade wars. Therefore, markets reacted fast, fearing a repeat. Additionally, China’s moves weren’t aimed only at the U.S., but Trump’s response escalated things. So, global trade tensions are back.

Broader Market Impact of 2025 Tariffs

The ripple effects were huge. Specifically, the Dow Jones fell 0.8%, and the Nasdaq 100 dropped nearly 2%. Moreover, Chinese stocks like Alibaba and Baidu sank 5-8%. For instance, the iShares China Large-Cap ETF fell 3.2%. Additionally, oil prices dropped 4%, while gold hit record highs. Consequently, the VIX “fear index” spiked to its highest since June.

Furthermore, Europe and Asia felt it too. For example, the STOXX 600 fell 1.2%, and Hong Kong’s Hang Seng dropped 1.7%. As a result, global markets lost $10 trillion in value, per some estimates.

Read also : Trump Tariffs Erase $3T: Trade War Terror (Click here)

What’s Next for Investors in 2025?

Looking ahead, uncertainty rules. First, Trump’s tariffs start November 1. However, he paused tariffs on other countries in April, except China. So, negotiations might soften the blow. Additionally, the Federal Reserve’s expected rate cuts could help. However, the ongoing U.S. government shutdown adds pressure.

Moreover, tech earnings are key. For instance, Tesla’s Q3 report on October 22 could sway markets. Similarly, Nvidia’s AI dominance is under scrutiny. Therefore, investors should diversify. For example, gold and bonds surged as safe havens. So, consider balancing your portfolio.

Tips to Navigate the 2025 Market Crash

First, stay calm. Markets fluctuate, but panic sells lock in losses. Moreover, check reliable sources like CNBC or Yahoo Finance for updates. Additionally, focus on long-term goals. For instance, tech stocks like Amazon and Nvidia have strong fundamentals. So, short-term dips might be opportunities.

Furthermore, avoid over-leveraging in crypto. The $19 billion wipeout shows the risks. Therefore, set stop-losses. Also, watch Bitcoin’s $100,000 level. Finally, talk to a financial advisor for personalized plans.

In conclusion, Trump’s tariffs shook the world. Amazon, Nvidia, and Tesla led a $770 billion tech crash. Moreover, crypto took a hit too. However, smart moves can protect you. So, stay informed, diversify, and enjoy the ride. Happy investing!

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Vishnu Kumar Medukonduru completed study of B.Com & PG Diploma in Journalism. And a Senior journalist with over 26 years of experience across print, electronic, and digital media. Known for his sharp editorial instincts and deep understanding of public discourse, Vishnu has contributed to leading newsrooms in diverse roles—from field reporting and desk editing to content strategy and multimedia storytelling. (further details : visit : https://indiaworld.in/author/vishnu73/

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Trump Tariffs Ignite Tech Crash: Market Mayhem!