Here’s which tech companies could soon be caught in the tariff crossfire.
Transcript:
SKYLER WEINAND: Looking at tariffs and how that may affect some stocks in the market here going into the summer. We have to think about the unknowns, which are service companies think about. And the market really hasn’t talked at all about tariffs on services in the United States is a net exporter of services OK. That are major consulting and law firms, but also tech in software.
So you take a Microsoft MSFT, for example, AAA rated company fortress balance sheet. But they have a tremendous amount of exports vis a vis software to outside of the United States. And one of the easiest things to tariff will be software. So be wary of some of these mag 7 software companies. Some of the larger software companies out there that rely heavily on sales internationally. That’s really the red Herring or the Black swan, I think that hasn’t been talked about at all.
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