Prepare for the U.S. dollar hit on S&P 500, big tech earnings

None of those companies have recently signaled a drop in revenue or profit gains due to currency.A couple of companies worth watching as this issue develops are, which gets a quarter of its sales in developing nations like China, and Apple, which gets 19% of sales in Greater China and another 24% in Europe.

The bigger impact for Apple may come in the September quarter, since the dollar has continued to rise since the end of June, Zino said. Some companies, especially chip makers, can match their losses from selling in local currencies by manufacturing overseas, especially in Asia. That lets them recover some lost revenue in the form of lower production costs.

twitter you wonder why people back out of a deal... Stop using bots to scam users. Then your real user count will plummet.

want to see me without a bra?

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

These are the dividend stocks most recommended by top-performing newsletters --- and 6 yield above 4%On average, these 23 stocks are yielding 3.1%, nearly double that of the S&P 500. Freakin paywalls
Source: MarketWatch - 🏆 3. / 97 Read more »

Shares slide ahead of U.S. inflation data, earnings hurdles By ReutersShares slide ahead of U.S. inflation data, earnings hurdles YoYo investing Someone with paralysis or a child with cerebral palsy before giving up on their health they should try kunga therapy a non medicinal massage therapy in Kigali before anything else
Source: Investingcom - 🏆 450. / 53 Read more »