Tech Slides as Tariff Fears Linger -- Tech Roundup

Dow Jones

May 06, 2025

Shares of technology companies fell as fears about tariffs lingered.

Apple shares continued a recent slide, falling 3.3% to $198.55. The Silicon Valley giant stands to lose market share in China, incur tariff costs for its overseas manufacturing, and could also be hit by tariffs on foreign-movie production.

OpenAI's for-profit business will transition to a public benefit corporation, Chief Executive Sam Altman said.

Shares of AI-enabled analytics firm Palantir Technologies slid despite reporting marked revenue growth.

Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

May 05, 2025 17:47 ET (21:47 GMT)

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The Silicon Valley giant stands to lose market share in China, incur tariff costs for its overseas manufacturing, and could also be hit by tariffs on foreign-movie production. \n\n\n  OpenAI's for-profit business will transition to a public benefit corporation, Chief Executive Sam Altman said. \n\n\n  Shares of AI-enabled analytics firm Palantir Technologies slid despite reporting marked revenue growth. \n\n\n \n\n\n  Write to Rob Curran at rob.curran@dowjones.com \n\n\n  (END) Dow Jones Newswires\n\n\n  May 05, 2025 17:47 ET (21:47 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}