Dollar dipping slightly for the week, but up close to 5% in the last six months.

That's a trend that is proving to be a headwin for some mega cap earnings this quarter so far.

Our dear Dubosa is looking ahead to the potential impact on Amazon tonight.

And today's tech check. Morning, Dee.

Hey, good morning, Carl.

So the magnificent seven, of course, they generate substantial portions of their revenue overseas.

So when the dollar strengthens as it has, those foreign sales translate into fewer U.S. dollars when they report that hits earnings.

We've seen that from Meta, Microsoft, and Google a few nights ago, it's likely to be a headwind when Amazon reports tonight.

But Forks headwinds, they will impact Big Tech to varying

degrees. Here's where each of their international revenue exposure stands and how it has changed

over the last year. Now, as you can see, and we'll pull up this graphic, Apple and Meta, they are

actually the most exposed in terms of how much revenue they generate abroad, nearly two-thirds for both of them.

Nvidia is next with more than half of its revenue derived internationally, but it's

also seen the most change in that makeup.

Last year, it increased its U.S. revenue exposure by 44% year-over-year, thanks to

export controls and the hypers' enormous ramp in CAPX.

Amazon actually has the least exposure with just about 30% of sales coming from abroad.

These numbers, by the way, are from FACCET.

Still, continue dollar strength could significantly impact guidance like it did for

Meta Microsoft and Google. And what may be

different this time are those elevated levels of trade uncertainty introduced by the new Trump

administration. The U.S. dollar has seen as a safe haven amid those tensions. And that's certainly

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