• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Investing

Amazon, Tesla drive Magnificent Seven surge on US-China trade deal

by May 12, 2025
written by May 12, 2025

News of a temporary truce between the United States and China over punitive trade tariffs sparked a broad-based rally in US pre-market trading led by megacap technology stocks.

The group known as the “Magnificent Seven”—Amazon, Apple, Meta, Microsoft, Alphabet, Nvidia, and Tesla—rose sharply in premarket trading, with Amazon and Tesla recording the largest gains.

Amazon.com gained 8.2% while Tesla rose 8.06%, outpacing other members of the group.

Apple climbed 6%, Meta was up 5.67%, Nvidia advanced 4.33%, Alphabet added 2.53%, and Microsoft gained 2.11%.

Guilherme Tavares

@i3_invest

·Follow

Nasdaq 100 – A Rare and Bullish Signal Based on Volatility Just Triggered

(VXN 9-week % Rate of Change declined from 90% to 0%).

Average 1-Year Return After Signal: +31.60%, positive 100% of the time.

Is this time different?

6:25 PM · May 12, 2025

7

Reply

Read 1 reply

The gains come after both Washington and Beijing agreed over the weekend to scale back tariffs for a 90-day period while they continue negotiations.

The US will lower tariffs on Chinese imports from 145% to 30%, while China will reduce reciprocal levies from 125% to 10%.

The Roundhill Magnificent Seven ETF, which offers equal exposure to each of the stocks, rose 5.6% in premarket trade.

AMZN stock jumps on Monday

Amazon led the rally as investors viewed the easing of trade tensions as particularly beneficial to the company’s business model, which is closely linked to Chinese imports and advertising.

Roughly 30% of Amazon’s inventory is sourced from China, and many of the third-party sellers on its marketplace also rely heavily on Chinese manufacturers.

Lower tariffs are expected to protect profit margins and stabilize product availability.

According to analysts at Raymond James, Chinese advertisers spent close to $8 billion on Amazon’s platform in 2024, making the region an important contributor to the company’s revenue streams.

In addition, the truce is expected to support continued investment in artificial intelligence infrastructure, a key growth area for Amazon Web Services, its cloud-computing arm.

TSLA stock jumps; company reclaims $1T valuation

Tesla stock also soared, reclaiming a market valuation above $1 trillion—a level not seen since late February.

Tesla has significant exposure to the Chinese market, both as a production hub and consumer base.

Its Shanghai Gigafactory is the company’s most productive plant globally, and China accounted for 22% of Tesla’s revenue in 2024.

Although Tesla’s supply chain in China is largely localized, mitigating the direct impact of tariffs, analysts say consumer sentiment in China has increasingly favoured domestic competitors such as BYD.

With the easing of tensions, Tesla will be hoping to recover lost ground in the Chinese market.

unusual_whales

@unusual_whales

·Follow

Holy.

Nasdaq futures are up nearly 4%.

unusualwhales.com/futures_indices

1:31 PM · May 12, 2025

1.7K

Reply

Read 102 replies

According to Citi data, Tesla’s sales in China fell 15% year-on-year in the first five weeks of Q2.

The rally also reflects investor enthusiasm for Tesla’s planned rollout of its robotaxi service, scheduled to launch in Austin, Texas, in June.

CEO Elon Musk reaffirmed the timeline during the company’s Q1 earnings call, further fuelling optimism.

The post Amazon, Tesla drive Magnificent Seven surge on US-China trade deal appeared first on Invezz

0 comment
0
FacebookTwitterPinterestEmail

previous post
US stocks open in the green after US-China deal: Nasdaq jumps 4%, S&P up 3%
next post
US stock futures rally as US and China agree to a rollback in tariffs

related articles

Asian markets open: Nikkei, Hang Seng fall on...

June 12, 2025

Aluminum and steel tariffs spark rise in secondary...

June 12, 2025

Airbus sees aviation boom ahead, global fleet to...

June 12, 2025

US-China trade talks and Washington’s decade-long effort to...

June 12, 2025

Europe markets open: Stoxx 600 dips as UK...

June 12, 2025

UK GDP falls by 0.3% in April as...

June 12, 2025

Gordon Brothers buys Poundland; pledges £80 mn for...

June 12, 2025

Air India plane crash: London-bound flight with 242...

June 12, 2025

Air India plane crash live update: Indian President...

June 12, 2025

Copper remains supported for now even as China...

June 12, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • Oklahoma Sen Mullin confident Hegseth will be confirmed, predicts who Democrats will try to sink next

    January 24, 2025
  • Long SNV: Synovus Financial Finds Major Support at $39, Ready for Short-Term Slingshot Move

    August 6, 2024
  • Record-high gold prices keep Indian investors hooked—what’s next?

    February 21, 2025
  • Israel calls to evacuate Yemen airport amid fight with Houthis

    May 6, 2025
  • From pandemic struggles to St. Patrick’s Day crowds, Mary O’s soda bread rises to viral fame

    March 17, 2025

Popular Posts

  • 1

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 2

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 3

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024
  • 4

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 5

    Biden calls to ‘lower the temperature’ then bashes Trump in NAACP speech

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (5,651)
  • Investing (634)
  • Stock (874)

Latest Posts

  • Ivanka Trump’s inauguration gown gives nod to Audrey Hepburn as star’s son shares ties between famous families

    January 23, 2025
  • Trump report card: Conservative and liberal analysts reveal their grades for president on top issues

    March 4, 2025
  • RNC chair Whatley vows to be ‘tip of the spear’ to protect Trump after coasting to reelection victory

    January 17, 2025

Recent Posts

  • Truth Social Stock Price: Trump’s Return to X

    August 27, 2024
  • Trump made millions on guitars, Bibles and watches with his name on them, disclosure reveals

    June 16, 2025
  • GOP lawmaker calls for FBI investigation into ‘alarming’ allegations against top Dem fundraising platform

    March 13, 2025

Editor’s Pick

  • Meta ends fact-checking efforts as it aligns with incoming Trump administration

    January 7, 2025
  • Trump to tap new national security advisor in 6 months; calls Waltz move ‘upgrade’

    May 5, 2025
  • Markets are counting on the Fed to head off recession with sizable interest rate cuts

    August 8, 2024
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock