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/Little_candy_cream 1d ago

Maybe they should have thought twice about aligning with him

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u/javoss88 1d ago

I still don’t understand how these “move fast and break stuff” supposed “innovators” all lined up for him. They’re already richer than rich, what’s to gain?

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u/rbrphag 1d ago

You have it backwards. They didn’t line up with him. He lined up with them.

And being richest rather than richer is what is in it for them.

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u/javoss88 1d ago

Incredibly petty