Tech Titans and Wall Street Executives Court Trump in a Surreal Week of Alliances

[Social Media]

 

In a week marked by high-profile meetings and striking displays of deference, leading CEOs from the worlds of tech and finance flocked to Donald Trump’s side, signaling a shift in relationships between corporate leaders and the former president. Apple CEO Tim Cook, Google CEO Sundar Pichai, and Google cofounder Sergey Brin were among those who made visits to Mar-a-Lago, with Mark Zuckerberg arriving just before Thanksgiving and Jeff Bezos set to meet Trump next week.  

 

These meetings occurred against a backdrop of significant financial support for Trump from some of the world’s most influential companies. Meta, Amazon, OpenAI, and others each contributed $1 million to Trump’s inaugural fund, underscoring their investment in his political and economic vision. OpenAI CEO Sam Altman expressed unreserved support, saying, “President Trump will lead our country into the age of AI, and I am eager to support his efforts to ensure America stays ahead.”  

 

Trump himself relished the attention, opening the New York Stock Exchange to the applause of Wall Street, framed by a massive Platon portrait of himself as TIME magazine's "Person of the Year." The event served as a symbolic culmination of his victory lap, drawing dozens of executives to witness the moment. Behind red velvet ropes, figures from Visa, Goldman Sachs, Meta Platforms, and Charles Schwab mingled with real estate and aerospace magnate Robert Bigelow and prominent investor Bill Ackman.  

 

This embrace of Trump by the corporate elite has raised eyebrows, particularly given that some of the tech leaders now courting him had previously distanced themselves or appeared aligned with liberal causes. The *New York Times* noted the stark reversal, with many executives opting to set aside ideological differences to secure their business interests.  

 

The timing of this renewed alignment with Trump coincides with what many have called the "Trump trade," a wave of market optimism suggesting that investors believe his leadership will boost the economy. Stocks and cryptocurrencies surged as Wall Street bet on Trump’s return to power, reinforcing the perception that his policies would be business-friendly.  

 

The *Wall Street Journal* described this shift as the moment when “CEOs bent the knee to Trump,” noting that after maintaining a degree of distance during his campaign, executives are now ensuring they stay in his favor. The Journal reported, “When Donald Trump arrived at the New York Stock Exchange this week for a postelection victory lap, dozens of influential executives lined up to catch a glimpse of the man who holds the future of their businesses in his hands.”  

 

For Trump, the overtures are not only a validation of his influence but also a demonstration of his ability to bridge divides when economic stakes are on the line. As business leaders continue to make their way to Mar-a-Lago, it remains clear that, for many in the corporate world, the pursuit of profit often outweighs political ideology.

 

Based on a report by AXIOS 2024-12-17

 

 

 

[Cryingdick]

i remember a little while back when Tim Cook called trump and people here said it never happened lol. Trump has so much to offer compared to Biden. He also engaged the entire business community his last term. America is open for business again. It is refreshing seeing things actually get done.

[jippytum]

Just illustrates what fine deather friends these executives are. 

Trump winning the  popular vote has forced many influencial peole to rethink  their political stratigy and make massive u turns to seek favour from the President elect. 

[jaywalker2]

Trump's Cabinet includes 8 billionaires (including Elon, the richest man in the world) and 5 multi-millionaires (some of whom will, I am sure, be billionaires within the next four years). RFK Jr is the poor man on the totem pole. His grifting has only earned him $15 million (and a trophy wife in Cheryl Hines), although I'm sure he intends to rectify that.

 

Draining the swamp indeed.

[Donga]

1 hour ago, jaywalker2 said:

Trump's Cabinet includes 8 billionaires (including Elon, the richest man in the world) and 5 multi-millionaires (some of whom will, I am sure, be billionaires within the next four years). RFK Jr is the poor man on the totem pole. His grifting has only earned him $15 million (and a trophy wife in Cheryl Hines), although I'm sure he intends to rectify that.

 

Draining the swamp indeed.

 

These guys aren't the swamp, more like the doers.

The swamp is reflected by the 92% of DC voters abiding by Biden 😜 The bloated bureaucrats, lawyers, lobbyists, NGOs, regulatory bodies, DOJ & Environment zealots, etc etc. 92% is unreal, unhealthy no matter what side of the political divide you're on.

Trump will take a hacksaw to this malignant rump and give the Americans more freedom in many ways.

Already seeing the progress in Italy and Argentina, next Germany, then Canada. Finally the Western world is waking up.

[Purdey]

I thought Trump was more bricks and golf courses guy? Didn't he commit to saving the coal industry? I can't imagine he knows anything about AI unless it's called TrumpAI.