Here’s how Rosenblatt thinks Trump’s win could impact these internet media stocks By Investing.com
From Investing.com: 2024-11-09 05:00:00
With Donald Trump securing a second term and Republicans controlling the Senate, investors speculate on the impact of his policies. Analyst Barton Crockett discusses the effects on tech giants like Apple, potentially facing tariffs on Chinese goods. Trump’s stance on Alphabet and TikTok could shift under a new administration.
Investor optimism surrounds Live Nation Entertainment as a potential antitrust lawsuit under Biden may be less likely under Trump. Amazon may face disruptions with a 60% import tariff on Chinese goods impacting prices and customer demand. Trump’s control of Congress could lead to tax rate adjustments as an offset to tariffs.
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