Fo Shizzle My Nizzle! Tech Stocks Bounce Back After Tariff Truce!

Gin and Juice Flowin' Again?

What up cuz! Ya boy Snoop D O double G is here to drop some knowledge on ya. So peep this: the so called 'Magnificent 7' – you know the big dogs like Apple and Amazon – they just added a whole lotta cheddar to their stacks like $837.5 billion on Monday alone! Why? 'Cause Uncle Sam and China decided to cool it with the tariff wars at least for a hot minute. Fo shizzle that's some serious green!

Tech Stocks Catch a Contact High

Now before this truce tech companies were sweatin' like a Snoop Dogg concert in July. All that back and forth with tariffs was messin' with their supply chains and hurtin' business. But once the U.S. and China started vibin' again investors let out a collective 'Ahhhhhh,' like hittin' that good good after a long day.

Nvidia Rollin' Like a Boss

Nvidia the chip king was up around 5% even though they still got some rules about what they can send to China. AMD was also gettin' high on the stock market up about 5% too! Broadcom and Qualcomm joined the party puff puff passin' their way to a 5 6% increase. Seems like everyone in the chip game was feelin' irie.

Apple and Amazon: Still Smokin'!

Even Apple who makes like 90% of their iPhones in China saw their stock jump about 6%. They said tariffs were gonna cost 'em $900 million this quarter but hey they're still rollin' in dough. And Amazon where everyone and their mama sells stuff made in China jumped 8%! Looks like the whole crew is back in business G.

Chinese Tech Gets a Puff

It wasn't just the American companies either. Chinese e commerce giants like Alibaba and JD.com were chillin' high as giraffe you know whats alongside internet firm Baidu. It's like the whole world took a hit off the peace pipe and everyone's feelin' groovy.

Tha Doggfather's Take: Smoke Signals Say 'Mo Money!'

Now I ain't no financial advisor but this sounds like good news for everyone. As my homie Daniel Ives from Wedbush Securities said 'This morning is a huge win for the bulls and a best case scenario.' So keep your eyes peeled stay blazed and remember: 'Drop it like it's hot!' Ya dig?