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/Jester2k5 1d ago

More money. It’s never enough for them

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u/Teledildonic 1d ago

Line must go up, reality be damned.