Amazon, Nvidia and Tesla hit as Donald Trump's China Tariff announcement wipes $770 billion from tech megacaps in biggest-ever single day fall since April

Major tech companies experienced their worst single-day losses since April, with Amazon, Nvidia, and Tesla leading a $770 billion market capitalization wipeout. President Trump's threat of 100% tariffs on Chinese goods and export controls on critical software triggered significant drops across the tech and cryptocurrency markets.Major tech companies experienced their worst single-day losses since April, with Amazon, Nvidia, and Tesla leading a $770 billion market capitalization wipeout. President Trump's threat of 100% tariffs on Chinese goods and export controls on critical software triggered significant drops across the tech and cryptocurrency markets.2025-10-14T02:29:57.000Z{}Tue, 14 Oct 2025 02:29:57 GMT