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Tech’s Trump Slump: A Billionaire Bro Index
Summary by sharecafe.com.au
1 Articles
1 Articles
Tech’s Trump Slump: A Billionaire Bro Index
A year and three weeks after tech billionaires gathered at Donald Trump’s inauguration, the performance of their companies’ stocks has been mixed. While the event was intended as a show of tech’s alignment with the new administration, it may have inadvertently signalled a shift in market dynamics. Despite a recent tech recovery, Meta Platforms’ stock is down 4 per cent and Amazon’s share price has fallen just over 11 per cent. Tesla’s share pric…
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