Big Tech, Consumer-facing FX Concerns
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Business & Economics
Rising dollar pressures earnings as companies from Amazon to McDonald's signal more pain ahead

87% Informative
Companies ranging from Big Tech behemoths to consumer-facing brands have mentioned foreign exchange headwinds in both their fourth quarter results and forward-looking guidance.
Goldman Sachs analyst David Kostin said the share of S&P 500 companies mentioning FX has risen across 4Q earnings calls.
A strong dollar adversely impacts companies that do most of their business overseas, as it leads to slower revenue and earnings growth.
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