With President Trump issuing a new $100,000 H1-B visa cost, we're looking at the impact the new visa rule will have on big tech companies, which historically have relied on less expensive labor from India and other countries to run the show, especially on the tch development side. We're wondering how the new rule will impact Mag 7 companies operationally, financially, and on their stock prices. We need these queries answered for the story.
1. What do the new H1-B visa mandates to bigger tech companies like Microsoft, Amazon, Meta, Google others who have relied on inexpensive overseas employees via H1B- visa rules for as low as $1,000 per employee. Now that figure is up to $100,000, so how will it impact the Mg 7 levels tech companies and why?
2. What specific problems to the new H1B visa rules bring to the table for tech companies and why?
3. How many H1-B visa workers are employed in the US right now? Which tech companies have the most and thus may be most impacted?
4. What about Mag 7 company's stock prices after the new visa rules? Do those rules impact company share prices?