How Trump's new H-1B visa rules will affect Mag 7 stocks

With President Donald Trump issuing a new $100,000 H-1B visa cost mandate, stock market mavens may wonder what impact the new visa rule will have on big tech companies and, in particular, on the Magnificent 7 stocks . Larger technology businesses have historically relied on less expensive, yet highly talented, labor from India and China (which comprise 71% and 12% of approved foreign workers in 2024, respectively) to drive their operations, especially in tech development. At $100,000 per foreign employee, ...