Reported 4 days ago
The U.S. dollar's significant surge over the last six months is adversely affecting the earnings of various companies, from tech giants like Apple and Amazon to consumer brands like McDonald's and Coca-Cola. Many firms are facing foreign exchange headwinds, which have resulted in slower revenue growth projections for 2025, with some, such as Amazon, anticipating their lowest growth in history. Economic factors, including high tariffs and the Fed's monetary policies, are contributing to the dollar's strength, leading analysts to predict further appreciation and continued challenges for international businesses.
Source: YAHOO