Trump's "Liberation Day" is approaching, and the "Big Seven" are under short-term pressure! Wedbush warns that the future of AI investment is uncertain.

Wedbush stated that on the eve of the "liberation day" when US President Trump is about to announce a new round of tariff policies, the market is worried about the short-term trend of the "Big Seven", especially the uncertain investment prospects in the field of Artificial Intelligence (AI). Wedbush analysts, led by Daniel Ives, stated in an investor report on Tuesday, "The tariff pressures faced by various industries will suppress economic demand and push up prices... In turn, this will cause corporate executives to delay spending on various projects, including AI. In theory, Trump's tariff policy may change the short-term growth trajectory of AI investments (with limited long-term impact), and the current stock market volatility reflects this concern." According to White House press secretary Caroline Levitt, Trump will officially announce a "national-based" tariff on April 2nd in the Rose Garden of the White House. Jim Reid of Deutsche Bank Aktiengesellschaft said, "It is currently unclear which countries and the extent of tariff rates will be specifically targeted in the upcoming tariff details." Ives added, "Although there are currently no signs of spending contraction in related industries... this policy suspense has triggered a global market aversion to the US tech sector. Many investors are choosing to wait and see or shift their investments to European and Asian stock markets until Trump's new policy rules are clear. It must be emphasized that anyone with a basic understanding of economics knows that tariff costs will ultimately be borne by consumers... This will further suppress consumer confidence and spending, leading to an overall slowdown in corporate capital spending, digital advertising investment, etc.this chain reaction is what the market is most concerned about." China remains the most important variable in this policy equation. Ives stated that Asia is the core of the semiconductor industry, and China holds an important manufacturing position. Even if only 10% of the supply chain is moved from Asia to the US, it will require hundreds of billions of dollars and several years. If China takes strong countermeasures, it may impact the hardware supply chain of NVIDIA Corporation (NVDA.US) and prompt Chinese consumers to switch to domestic goods, affecting brands like Apple Inc. (AAPL.US), Tesla, Inc. (TSLA.US), and others. Over the past two months, the stock prices of Apple Inc., NVIDIA Corporation, and Tesla, Inc. have continuously deviated from Wedbush's target prices (which are $325, $175, and $550 respectively). As of the Tuesday close, Roundhill Magnificent Seven ETF (MAGS.US) rose 1.81% after a 14% decline year-to-date. In terms of individual stocks, Tesla, Inc. led with a 3.59% increase, Alphabet Inc. Class C (GOOGL.US) rose 1.57%, NVIDIA Corporation, Meta (META.US), and Microsoft Corporation (MSFT.US) all recorded nearly 2% gains, Amazon.com, Inc. (AMZN.US) rose 1%, and Apple Inc. saw a slight increase of 0.48%.