r/technology • u/DontFearTheCreaper • 1d ago

Social Media Tech CEOs who grinned behind Trump at inauguration lose billions in wake of tariffs

https://www.independent.co.uk/news/world/americas/us-politics/trump-tariff-bezos-musk-zuckerberg-b2727147.html
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u/andrewskdr 1d ago

Those upcoming stock buybacks are going to be dirt cheap

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u/sum1sedate-me 1d ago

Oh yea. I bet they’re planning on layoffs as we speak to get some liquidity and then do stock buy backs. They never end up the butt of the joke, we do.

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u/gizamo 1d ago

Trump will probably throw money at the companies he deems loyal. They'll use that money for buy backs, too.

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u/paradyme 1d ago

Where else would all that tariff money go?

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u/diarrhea_crocs 1d ago

Ford has already announced employee pricing for US citizens. The stock market is in the toilet but at least we can save a few bucks on shitty American made cars.

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u/jabermaan 1d ago

Last time almost all of it went to bail out the farmers. So yep that tracks