Big Tech Stocks Sink as Trump Vows to Keep Hitting Iran

TigerApr 2, 2026 8:03 AM

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Big tech stocks sank in premarket trading as war jitters over Iran deepened, after U.S. President Donald Trump dashed hopes for clarity on when the Middle East ‌conflict might end.

TSMC fell 3%; AMD, Broadcom, Nvidia, Palantir, Tesla, Meta, and Alphabet fell 2%; Amazon and Oracle fell 1%; Microsoft fell 0.9%; Apple fell 0.7%.

Trump said in a prime-time address that the U.S. would hit Iran "extremely hard" within weeks, arguing that key military objectives were close to being met and the conflict nearing an end. He set no timeline for an exit, however, keeping investors guessing about the scope and duration of the campaign.

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