r/technology • u/DontFearTheCreaper • 20h 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 20h ago

Those upcoming stock buybacks are going to be dirt cheap

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u/sum1sedate-me 20h 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/LinguoBuxo 20h ago

And this is exactly what the tariffs are for.. to sort people into two categories.. Those who know enough to reap enormous profits off of 'em.. and those who don't know how capitalism works.

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u/LadyPo 18h ago

Step 1: be richer than everyone else

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u/LinguoBuxo 16m ago

Not necessarily, no. Example

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u/imasturdybirdy 18h ago

Know enough

Have enough