The CEO of Meta, Facebook Mark Zuckerberg, Lauren Sanchez, the founder of Amazon Jeff Bezos and CEO of Google Sundar Pichai and Tesla and Spacex Elusk the opening ceremony before Donald Trump will perform in the seventh and state session in the United States in Capitol In Washington, capital, On January 20, 2025.
Saul Loop By Reuters
the Strengthening the dollar It is the challenges of the largest American technology companies, which are increasingly dependent on outpatient revenue. With the weakening of other currencies, the money that is collected elsewhere is less when it is converted into dollars.
Amazon It must suffer less than its huge peers because the e -commerce giant generates a higher percentage of sales in the United States, however, in it Fourth quarter profit report On Thursday, the Amazon said that foreign exchange rates are responsible for the company's first expectations in the first quarter of the expected and the possibility of growing in revenues.
In the current quarter, revenues will receive between 151 billion dollars and 155.5 billion dollars, indicating an annual growth of 5 % to only 9 %. The slower of the Amazon came to grow in mid -2012, when revenues increased by 7.2 %.
“This guidance expects an extraordinary and unacceptable impact of about 2.1 billion dollars, or 150 basis points, from foreign exchange rates,” Amazon said in issuing profits.
In her profit call, Amazon said it had seen $ 700 million “more than the opposite winds than we expected” in the fourth quarter. During this period, total international revenues amounted to $ 43.4 billion, or 23 % of total sales.
in appleNearly 58 % of the revenues came from abroad in the recent period. For Meta, 55 %, Alphabet was about 52 %, microsoft is just less than 50 % and tesla slightly more than 50 % for all 2024.
the US dollar index – Which measures Greenback against the competitors' basket – has reached its highest level in more than two years last month, before President Donald Trump opening. The dollar rose steadily from late November to mid -January, and it has since decreased slightly.
The dollar may be particularly volatile in the coming weeks and months due to the uncertainty surrounding Trump's tariff policies and the threat of trade war, most notably China, as well as lack of clarity on US foreign policy, given the comments made by Trump about trying to try to try to take over Greenland and Gaza.
Here is what other companies said on the topic of foreign currencies in issuing their financial results.
Microsoft Financial director Amy Hood said foreign currencies had no significant impact on our results and was almost in line with expectations, “although the current quarter will lead to a decrease in the growth of revenue by more than one point.”
Suzan Lee, Dead The President of the Finance said that the company expects a “opposite wind of three points in the first quarter” after the disbursement of foreign currencies “to almost neutral revenues in the fourth quarter, only with the strengthening of the dollar, especially against the euro.”
alphabet Investors can “expect larger winds to revenue from strengthening the US dollar for the main currencies in the first quarter against Q4 2024.”
Kevan Barrick, President of Apple Financial Apple, warned last week, “With the dollar's strengthening greatly, we expect foreign work to be a opposite wind and have a negative impact on revenues of about 2.5 percentage points on an annual basis.”
The rise of the dollar will pay close attention to Job numbers Outside Friday. When the work statistics office exports the number of its non -cultivated salaries for January, it is expected to show a growth of 169,000, a decrease from 256,000 in December, but is almost in line with the past three months. The unemployment rate is expected to remain 4.1 %, according to Dow Jones's agreement on the report.
After that, you will wait for the technology industry to find out what Nafidia He should say about foreign currencies when the chips maker of the profits later in February. In the period ending in October, NVIDIA produced about 58 % of its revenues from outside the United States
– Deirdre Bosa from CNBC contributed to this report
He watches: Why can the strongest dollar spell the troubles of large technology
