Jeff Bezos, Mark Zuckerberg and Other Billionaires at the Inauguration
Published On Jan 21, 2025, 8:06 AM
The article discusses the presence of major tech billionaires, including Elon Musk, Jeff Bezos, and Mark Zuckerberg, at Donald Trump's inauguration as the 47th president of the United States. Their attendance signals a warm relationship between the tech industry and the new administration, contrasting with the previous term where tech leaders largely stayed away. The gathering indicates that these powerful figures will likely play a significant role in shaping business policies during Trump's second term, which is expected to prioritize economic growth and deal-making.
Stock Forecasts
AAPL
Positive
The strong presence of tech billionaires at the inauguration suggests a likely boost in tech-related stocks due to anticipated favorable policies for the industry from the Trump administration. Investment interest in leading tech firms may increase as these companies expect to benefit from a more pro-business political environment.
LMT
Positive
With Trump in office and shaping policies that may favor large corporations, companies often associated with government contracts and partnerships may see positive momentum. Investors may consider looking at stocks with direct government ties, such as defense contractors.
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