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- Many technological leaders have tried to get closer to Trump after the elections, donating to his inaugural fund.
- An expert told Bi that, since then, it was a “rocky route” for the leaders of Silicon Valley and Trump.
- Here is where some of the big names in technology – and businesses – stand with the president in a few months.
Some of the greatest technological leaders have tried to go to President Donald Trump’s good graces before he took office for the second time, meeting him in his seaside resort of Mar-A-Lago and hooked privileged places during the inauguration of Trump.
A few months after his presidency, many of these technology chiefs are now struggling with prices and other disruptive policies, such as immigration restrictions and financing cuts, which could have an impact on their results.
At the time of the writing of this document, Trump had exempted numerous electronic devices from the hardest samples in China and declared in the place that they would be moved to a different rate “bucket” in the future. However, other prices have made the CEOs made a break and hiring, and they could make the construction of AI data centers more expensive.
The shares of all listed companies included here have dropped since the inauguration, as is the 500 index of Standard & Poor’s benchmark and the NASDAQ composite in charge of technology.
Darrell West, a principal researcher at the Center for Technology Innovation at the Non-Partisan Brookings Institution, said that some of the technology leaders had “probably been disappointed”.
“Heads of technology had a friend’s relationship with Trump at the start of the administration, but since then it was a difficult route,” he said. In the future, he plans that technology leaders will always try to stay close to Trump, even if this does not guarantee the yields.
“The fact that he meets CEOs does not mean that he follows the advice they give him,” he said.
Here is where some of the biggest leaders in technology – and their businesses – are now standing with the president.
Meta, Nvidia and Amazon representatives refused to comment on Business Insider. Representatives of the White House and other companies have not responded to a request for BI comments.
Elon Musk: Tesla, SpaceX, Xai, X, Boring Company, Neuralink
Andrew Harnik / Getty Image
Elon Musk spent at least 277 million dollars to support Trump and the Republicans in the elections, influenced politics and staff decisions, and is the face of the White House office – for the moment.
The richest man in the world remained close to the president during the months that followed, but his involvement in Washington seems to decline. The Americans hide on his political involvement, according to the polls of opinion, and he was considered by some as a political responsibility. During a Tesla results call in April, Musk announced that he would go back from Doge and devote more time to Tesla.
Tesla a has suffered since Trump took office due to a Generalized protest movement And Sales in fall. Musk publicly criticized Trump’s prices But said on the call of profits that Tesla is generally “the least affected automotive company” with regard to the samples. SpaceX could also benefit from new government contracts.
Apart from Tesla, Musk’s companies have private detention.
Mark Zuckerberg: Meta
Chris Unger / Zuffa LLC via Getty Images
Mark Zuckerberg and Trump have a tumultuous story, but the Facebook founder recently tried to repair things. The meta-PDG called Trump as “hard to cook” before the elections and ended the verification of the facts on the Meta platforms. The company made a donation of $ 1 million to the inaugural committee.
The legal proceedings recently started in the Federal Trade Commission blockbuster trial against Meta. The government is trying to force Meta for sale Instagram and WhatsApp, arguing that the company operates as an illegal monopoly. Zuckerberg was the first witness and testified for hours.
Before the trial, Zuckerberg tried to reject the trial. The FTC asked for $ 30 billion to pay, but Zuckerberg only offered $ 1 billion, according to the Wall Street Journal.
Meta could also take a price stiffness because Chinese advertisers buy announcements on its platforms. The company could lose $ 7 billion in advertising revenue, the newspaper reported.
Sundar Pichai: Alphabet
Getty images
The CEO of Alphabet, Sundar Pichai, visited Trump in Mar-A-Lago after the elections, and Google donated $ 1 million to the inauguration fund.
The company was not spared prosecution – in April, the Ministry of Justice launched an audience of appeal to Google, where it will decide the fate of the company after a previous decision that it is a monopoly. An proposed solution is to separate Chrome, Google’s flagship search engine. Google said he intended to call on the case, and a manager said in a blog article that the solutions proposed by the DoJ were “useless and harmful”.
Alphabet, Google’s parent company, said profits from the first quarter on April 24 and exceeded initial income forecasts despite market volatility.
Jensen Huang: Nvidia
Patrick T. Fallon / AFP
Unlike many of its counterparts, the CEO of Nvidia, Jensen Huang, did not attend the inauguration of Trump. He spent the day celebrating the Lunar New Year with employees in Asia. However, he met Trump shortly after, and Nvidia donated $ 1 million to the inaugural committee.
The flea manufacturer gets in many of his semiconductors abroad, mainly in Taiwan, which makes the commercial environment delicate. However, in an interview with March with CNBC, Huang seemed relatively calm about the prices, saying that it was “enthusiastic” to the construction of the United States and that in the short term, the impact of the prices will not be significant “.
Morgan Stanley said in April that Nvidia was still her “first choice” on the market.
Tim Cook: Apple
Beata Zawrzel / Nurphoto via Getty Images
Apple CEO Tim Cook personally donated $ 1 million to the inaugural committee and attended the event. He also dined with Trump in Mar-A-Lago after the elections.
Apple is vulnerable to prices because the company manufactures many of its products in China. Analysts predicted that the original prices could considerably increase the prices of the iPhone; We do not know exactly how prices will change in the fluctuating commercial environment. The company increases production in India.
Democratic senator Elizabeth Warren from Massachusetts sent Cook a letter asking for more information on her reported efforts to obtain specific tariff exemptions. She wrote that they “raise new concerns” concerning the capacities of companies to “win special favors”.
Jeff Bezos: Amazon
AP photo / John Loche
In addition to his role as a founder and executive president of Amazon, Bezos also has the Washington Post. During the last elections, he triggered the controversy by deciding that the WAPO does not approve a candidate.
After Trump won, Bezos dined with Trump and Musk in Mar-A-Lago. Amazon made a donation of $ 1 million to the president’s inaugural committee, and Bezos and his fiancée attended the inauguration.
Amazon faces an on -the -counter antitrust trial of the FTC and the prices seem ready to affect it. Some Amazon sellers had to increase prices, although a company representative previously declared that a “small fraction of the items in our store” had been affected.
Shou Zi Chew: Tiktok
SOMODEVILLA chip via getty images
Tiktok comes up against the clock – Trump has repeatedly interrupted the application of an American ban to try to negotiate an agreement with potential bidders for the company in America.
CEO Shou Zi Chew, the CEO of the company, met Trump in December and attended the inauguration. Tiktok spent $ 50,000 on an inauguration party for generation Z and influencers who helped broadcast the president’s campaign message. The future of the application remains uncertain.
Tiktok belongs to Bytedance, a private Chinese company.
Sam Altman: Openai
Sean Gallup / Getty images
Openai CEO Sam Altman personally gave $ 1 million to the Trump inaugural fund and attended the event. He also visited the White House at the start of Trump’s mandate to announce Stargate, an AI infrastructure investment in the private sector of $ 500 billion that stimulated a public spit with Musk.
The company gave the White House recommendations for an “AI action plan” which will be submitted to Trump in July and pleaded for a light regulatory environment.
Openai is a private company. At the end of March, he announced a new financing cycle that put his evaluation at $ 300 billion.
Satya Nadella: Microsoft
Images Jason Redmond / AFP / Getty
Microsoft CEO Satya Nadella did not attend the inauguration of Trump but congratulated it online, like many other technology leaders. Microsoft made a donation of $ 1 million to the inaugural fund.
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