Trump's Victory Boosts Billionaires' Wealth. Musk and Bezos Are Winners, Too. -- Barrons.com
CEOs of major technology companies have congratulated Trump on his election victory. What else did they say?
After the results of the usa presidential election were announced, leaders of many large technology companies have sent congratulations to the elected president Trump, expressing hopes for his success upon returning to the White House and looking forward to cooperating with his administration.
With the arrival of the Trump 2.0 era, what big changes will the technology industry in the USA face?
①Without a doubt, Musk will be the biggest beneficiary; ②With the heads of the SEC and FTC being 'fired', the cryptos industry, technology giants such as Apple, are expected to see a bullish trend; ③Google will be an exception.
One of the big winners of the AI boom, Arm (ARM.US), saw a sharp 23% increase in royalties, but performance expectations did not bring any surprises.
Overall chip demand may be dampened by smart phone, Arm predicts lukewarm, with the middle of the sales outlook range lower than expected; after announcing performance, the company's stock price fell in after-hours trading.
Futu Morning Post | Trump's trades sweep the market! Three major indices hit historical highs together; with the election settled, Wall Street adjusts down the expectations for Fed rate cuts.
First European Central Bank official to speak out after Trump's victory: closely watching, inflation may face huge impact; mortgage rates soaring along with US bonds, reaching the highest level since early July this year; jefferies financial: the pace of implementation of Trump's policies will dominate the future trend of the US dollar.
Australia plans to legislate to prohibit children under 16 from using social media.
Australian Prime Minister Anthony Albanese said on Thursday that the government will legislate to prohibit people under 16 from using social media, even users with parental consent cannot be exempted. Albanese said at a press conference: "Social media is harming our children, and I want to end this situation." He said, "Social media platforms have a responsibility to prove that they are taking reasonable measures to prevent access. The responsibility will not fall on parents or young people." He added that the legislation will be submitted to parliament this year and will take effect 12 months after parliamentary approval. Australia's Minister for Communications, Michelle Rowland (