Tech ‘Armageddon’: One of biggest AI bulls says tariffs will be the end of Wall Street’s hottest trade

Tech ‘Armageddon’: One of biggest AI bulls says tariffs will be the end of Wall Street’s hottest trade

One of Wall Street’s most prominent bulls said Friday that Donald Trump’s tariffs will bring an end to the trade that’s propelled the stock market to years of stellar gains.

Following the worst day for stocks in five years, analysts at Wedbush Securities’ Dan Ives said he sees a dire cocktail of consequences stemming from Trump’s trade war — all of which could end the artificial intelligence boom that’s been cheered by Wall Street for the last three years….

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https://www.businessinsider.com/stock-market-crash-trump-tariffs-recession-economy-ai-tech-stocks-2025-4