How will the election results affect the US stock market? Let's first see what tonight's 'Hart First Debate' has to say...
①Vice President Kamala Harris and former President Donald Trump will kick off a "debate duel" on Tuesday (the 10th) Eastern Time; ②For Wall Street, amid the uncertainty of the job market, interest rates, and geopolitical issues, this duel may add another layer of volatility.
The US election is tearing apart Silicon Valley! Employees of large technology companies overwhelmingly support Harris.
①Despite some of the most influential technology billionaires supporting Trump, overwhelming support for Democratic presidential candidate Harris comes from employees of many large technology companies; ②According to data compiled by OpenSecrets, employees of companies like Alphabet, Amazon, and microsoft donated millions of dollars to Harris' campaign, far exceeding the amount donated to the Trump camp.
Google's second antitrust case is being heard, accused by the Department of Justice of monopolizing the advertising technology market as high as 91%, even the US Army is affected.
Google argues that the lawsuit filed by the United States Department of Justice focuses too narrowly on website advertisements and exaggerates Google's market share, which does not take into account competitors like Amazon, Meta, Microsoft, and TikTok. Google's lawyers warn that if Google is ordered to be broken up, it will only benefit other technology giants.
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