Apollo warns: Tariff storm sweeps the world, US stock market seven giants international influence is a double-edged sword.

The seven giants of the US stock market are being affected by the global economic slowdown and escalating international trade tensions. These companies generate nearly 50% of their revenue from overseas, a proportion much higher than the 41% of S&P 500 index component companies. Apollo Asset Management Company states that, as the global market faces challenges, this international presence makes the seven giants more susceptible to impact. In many countries outside the US, trade accounts for a larger share of GDP, indicating that the ongoing trade wars are expected to have a more severe impact on foreign economies. Companies with a significant source of international revenue (such as the seven giants) will be more severely affected. The percentage of overseas revenue of the seven giants Apollo Asset Management Company's Chief Economist, Torsten Slk, stated, "As a result, the global revenue of the seven giants will face a more severe impact compared to other S&P 500 index component companies. If Europe retaliates in the form of a digital services tax, the profits of these giants may suffer even more negative consequences." Furthermore, potential tariff hikes or new digital services taxes may further suppress the global profitability of these companies. So far this year, the stock prices of the seven giants have seen significant declines, with Tesla, Inc.(TSLA.US) falling over 40%, NVIDIA Corporation(NVDA.US), Apple Inc.(AAPL.US) dropping 27%, Microsoft Corporation(MSFT.US) down 15%, Meta Platforms(META.US) down 12%, Amazon.com, Inc.(AMZN.US) down 20%, and Alphabet(GOOGL.US) down 22%.