Tech bros want out

According to The Washington Post, there was great hope that the president's plan to gut regulations and shy away from anti-trust lawsuits would be a boon to the technology sector but, after 75 days in office, his reliance on tariffs has impacted not only their complex manufacturing capabilities but has also had a devastating effect on their stock values.

After Trump’s tariff was announced, Apple’s stock dropped16%, Meta declined 14%, and Amazon fell 13%.

According to estimates from Bloomberg’s Billionaire Index, Tesla CEO Elon Musk personally lost $110 billion from his net worth so far this year, Amazon founder Jeff Bezos $37.6 billion and Meta CEO Mark Zuckerberg $18.6 billion. Bezos is the owner of The Washington Post," the report states.

'We’d like to put this chapter behind us': Tech execs having regrets about backing Trump

Apparently it's not just stock values that are falling. It's feared costs related to supply chains for device makers and structural infrastructure will soar due to tariffs on steel and aluminium.

So sad.