Business & Finance
Slok Says Profit Margins Outside Mag 7 Need to Rise
Key Points
Jul 7th, 2026 Slok Says Profit Margins Outside Mag 7 Need to Rise 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.”
Jul 7th, 2026
Slok Says Profit Margins Outside Mag 7 Need to Rise
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.”
[Image text:] NO SIGNS OF PROFIT MARGINS GOING UP OUTSIDE OF THE TECH SECTOR
BLOOMBERG 5OO INDEX
MAGNIFICENT7
S&P493
25%
20%
15%
10%
5%
Q1 Q3 Q1 Q3 Q1 Q3 Q1 Q3 Q1Q3 Q1Q3 Q1 Q3 Q1Q3Q1Q3 Q1 Q3 Q1 Q3 Q1Q3
SOURCE:APOLLO