Several U.S. tech giants will release earnings reports this week

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According to ChainCatcher, this week, multiple US tech giants including Meta, Microsoft, Amazon, Apple, and others will successively release their latest financial reports, with the market closely watching the potential tariff impacts on their supply chains and overseas imported products.

Analysts believe that Amazon and Apple may be the two tech giants most severely impacted by the tariff storm. Amazon will release its financial report after market hours on Thursday (May 1st), and as the world's largest cross-border e-commerce platform, its market revenue heavily dependent on Asian suppliers and retailers may suffer serious tariff impacts. Apple, which will release its financial report at the same time, may benefit in the short term due to consumers buying in advance out of concern about price increases, but with comprehensive tariff implementation, Apple will face dual pressures from rising supply chain costs and declining consumer purchasing power.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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