Trump just gave a new signal he isn't going to let up on Big Tech

Given Trump's renewed focus on antitrust measures against big tech firms, investor sentiment may shift negatively toward those companies specifically targeted by his administration. This could further increase regulatory scrutiny in the tech sector, leading to potential legal challenges and financial liabilities in the short to medium term.

As Slater is known for her tech policy background and prior involvement with the FTC, her leadership could provoke fear among investors in major tech companies that prioritize growth over regulatory compliance. Companies heavily reliant on advertisers like Meta may face even more significant scrutiny, leading to a cautious outlook from investors.

Conversely, companies that advocate for increased competition and smaller tech firms ('Little Tech') may benefit from such a regulatory environment, as they could gain market share amidst the turbulence faced by larger competitors. Investors might seek opportunities in smaller tech companies that could capitalize on potential market shifts.