0849 ET - President Trump's newly issued tariffs is a major buying opportunity to own the best tech winners on sale for a policy that will be temporary and not permanent, Wedbush says in a research note. Trump stunned markets by announcing a suite of tariff hikes on major trading partners, including 20% for the European Union and 34% on China. Wedbush notes that numbers are going to come down across the tech world as the sheer uncertainty from these tariffs will cause some IT budget freezes and other ripple effects. Wedbush says its tech winners are Nvidia, Microsoft, Amazon, Apple, Tesla, Palantir, Alphabet, Palo Alto Networks, CyberArk and Checkpoint. (denny.jacob@wsj.com; @pennedbyden)
(END) Dow Jones Newswires
April 03, 2025 08:49 ET (12:49 GMT)
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