
The “Magnificent Seven” stocks are likely to be more impacted by retaliatory tariffs given that they get a substantial chunk of their revenue from foreign countries, according to an analysis from Apollo. “Roughly 50% of earnings in the Magnificent 7 come from abroad … that is higher than for the S & P 500, where the share is 41%,” Apollo chief economist Torsten Slok wrote in a note to clients on Monday.
Why ‘Magnificent Seven’ could be hit harder than rest of S&P 500 on Trump tariffs comes via ChinaTechNews.com.

As China commences vast operations to bolster its chip-manufacturing efforts, with one of them putting in-house EUV machines into trial production later this year, talented engineers who migrated to other regions in search of better opportunities, such as working for Apple have begun returning to their native homeland to catalyze the country’s operations.
Former Apple Chip Engineer Returns To China And Joins The Country’s Silicon-Manufacturing Ambitions After Seven Years Of Working With The Trillion-Dollar Firm comes via ChinaTechNews.com.

Nearly every country on Earth has dirtier air than doctors recommend breathing, a report has found.
Only seven countries met the World Health Organization’s guidelines for tiny toxic particles known as PM2.5 last year, according to analysis from the Swiss air quality technology company IQAir.
Only seven countries worldwide meet WHO dirty air guidelines, study shows comes via ChinaTechNews.com.

Nvidia’s (NVDA-Q) much-awaited results – seen as a barometer of AI chip demand – on Wednesday could prove to be an inflection point for artificial intelligence stocks as technology companies tighten data center spending.
Investors have raked in big returns over the last few years from the AI boom that has accrued largely to the so-called “Magnificent Seven”, a group of tech giants that includes Nvidia, Microsoft (MSFT-Q) and automaker Tesla (TSLA-Q).
Crucial Nvidia earnings release is expected to set the course for faltering ‘Magnificent Seven’ comes via ChinaTechNews.com.