Key Points:
- Tech stocks recovered slightly on Thursday as the extreme fear following Trump’s Iran speech began to fade.
- Tesla performed the worst among the “Magnificent Seven” after missing its first-quarter delivery targets.
- Iran’s Revolutionary Guard named Apple, Google, and Nvidia as potential targets, creating new risks for investors.
- Anthropic and Mercor are dealing with major source code leaks that threaten AI security.
Tech stocks finally caught a break on Thursday. After several days of panic, investors started moving back into the market as the immediate fear following President Trump’s Wednesday night speech on Iran eased. While the situation remains tense, the rush to sell off risky assets slowed down, allowing many big-name companies to see their share prices stabilize or climb.
Not everyone had a good day, though. Tesla stood out as the biggest loser among the “Magnificent Seven” tech giants. Elon Musk’s car company released its delivery numbers for the first quarter, and they were not pretty. Tesla missed the estimates that analysts had set, which made investors question if the company can keep up its growth while people’s interest in new electric vehicles seems to be cooling.
Meanwhile, a new kind of fear is haunting companies like Apple, Google, Microsoft, and Nvidia. These tech leaders saw their stock prices wobble after the Iranian Revolutionary Guard (IRGC) included them on a list of potential targets. It appears the fallout from the war is spreading far beyond just the price of oil, as physical and digital infrastructure now face direct threats from the conflict.
The AI industry is also facing a massive security crisis. Anthropic is currently in “damage control” mode after someone leaked the internal source code for its Claude AI agent. This leak gives rival companies and hackers a deep look at how the software actually works. To make matters worse, a second breach hit Mercor’s LiteLLM on Thursday, fueling even more worries about how safe these AI models really are.
Despite these headaches, there is still plenty of excitement about the future. Investors are eagerly waiting for Anthropic to launch its initial public offering (IPO), which many expect to happen later this year. There is also a huge amount of buzz surrounding the potential public debut of Elon Musk’s SpaceX, which could be one of the biggest stock market events in history.
The tech world is currently walking a fine line between a recovery and a total meltdown. While Thursday showed that the market can bounce back, the combination of war threats and data leaks keeps everyone on edge. Traders are watching the headlines closely, knowing that a single piece of bad news could send the entire sector back into a tailspin.
