Slok Says Profit Margins Outside Mag 7 Need to Rise
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Apollo Global Management Inc.’s Torsten Slok says Big Tech valuations are at risk. “We need to see profit margins go up outside the Magnificent 7,” Slok, Apollo’s chief economist, said Tuesday on Bloomberg Television’s Surveillance, using the shorthand term for the US tech titans. “In other words, what’s going on with the S&P 493 becomes very, very critical.” -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Ins
Tags: AI adoption, Apollo Global Management LLC, Jonathan Ferro, Mag7, Scarlet Fu, Stock Market News, Torsten Slok, ai buildout, artificial intelligence (ai), magnificent 7, return on investment
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