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What Trump’s win means for tech sector

Former President Donald Trump's win in the 2024 election will impact large swaths of the market, including the Big Tech sector. TD Cowen analysts view Trump’s win as a greater positive for megacap tech companies than a Kamala Harris administration. They emphasized that Trump’s opposition to breaking up Google (GOOG, GOOGL) highlights his position in utilizing US tech companies as valuable assets in geopolitical competition with China. Yahoo Finance Anchor Josh Lipton takes a closer look at a few analyst calls in the video above.This post was written by Cindy Mizaku. Read More...

Former President Donald Trump’s win in the 2024 election will impact large swaths of the market, including the Big Tech sector.

TD Cowen analysts view Trump’s win as a greater positive for megacap tech companies than a Kamala Harris administration.

They emphasized that Trump’s opposition to breaking up Google (GOOG, GOOGL) highlights his position in utilizing US tech companies as valuable assets in geopolitical competition with China.

Yahoo Finance Anchor Josh Lipton takes a closer look at a few analyst calls in the video above.

This post was written by
Cindy Mizaku.

Read More

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