Wall Street rallies for Kamala Harris, Silicon Valley for Trump
Wall Street’s biggest Democratic allies are holding all-hands Zoom calls to drum up financial support for Kamala Harris, sources told The Washington Post. Avenue Capital CEO Marc Lasry, Lazard President Ray Maguire, Centerview co-founder Blair Effron, Paul Weiss Chairman Brad Karp and C Street co-founder Brian Mathis are among the city’s top financial players who […]
Silicon Valley moguls delay plans for ‘California Forever’ utopia
Silicon Valley tech billionaires hoping to build a utopian city on the rural outskirts of the San Francisco Bay Area are putting their plans on hold due to opposition from local residents. California Forever, which aims to build an innovative urban area on farmland in Solano County, has announced it will delay the project for […]
Silicon Valley to wield more influence than Wall Street in second Trump administration: report
Former President Donald Trump’s choice of Sen. J.D. Vance (R-Ohio) as his running mate is reportedly a sign of Silicon Valley’s growing influence in Republican politics and Wall Street’s declining influence within the GOP. If Trump wins the White House, tech executives are expected to have more influence in a second term while Wall Street […]
Left-leaning Silicon Valley donors divided on Kamala Harris
Vice President Kamala Harris’ rise to the top of the Democratic presidential field has opened up rifts among the tech industry’s biggest left-leaning donors, while a growing number of Silicon Valley tycoons are voicing their support for Republican nominee Donald Trump. Biden quickly endorsed Harris as the Democratic nominee, but some deep-pocketed donors from the […]
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Silicon Valley Titan Marc Andreessen Explains His Shift to Supporting Donald Trump
Marc Andreessen, co-founder of the prominent venture capital firm Andreessen Horowitz (a16z), has announced his support for former President Donald Trump in the 2024 presidential election, marking a major break from his longtime allegiance to the Democratic Party. TechCrunch Reports Marc Andreessen, a heavyweight in the Silicon Valley venture capital ecosystem, has announced his intention […]
Here is who’s worried about JD Vance in business – from Wall Street to Silicon Valley
J.D. Vance not only shook up the presidential election, he shook up Wall Street and possibly Silicon Valley. With polls showing the likelihood of a Trump presidency growing, sources told On the Money that just hours after the Ohio senator was selected as Trump’s running mate, analysts began holding conference calls with clients, including big […]
Mark Cuban says Silicon Valley support for Trump is 'bitcoin play'
Television personality and investor Mark Cuban said on Wednesday that the recent wave of support for former President Trump in Silicon Valley could be a “plot” to boost bitcoin. Cuban, a pro-cryptocurrency billionaire who has supported President Biden’s reelection, argued that the potential inflationary impact of tax cuts and increased tariffs if President Trump is […]
Tech titans at Sun Valley ditch deals to discuss Biden’s cognitive decline, predict Trump victory
The elite tech conference in Sun Valley, Idaho, was overshadowed by panic over Joe Biden’s declining cognitive abilities and anger at his backbencher, Jeffrey Katzenberg. Katzenberg, a super-producer and media mogul who also serves as co-chair of the Biden campaign, was handling “damage control” at the special meeting, which is known for bringing media elites […]
Silicon Valley cheers JD Vance, more tech billionaires back Trump
Donald Trump’s choice of Sen. J.D. Vance as his running mate for 2024 is being seen as a potential windfall for Silicon Valley, with major tech venture capital firms voicing their support. The Ohio Republican is best known as the author of the blockbuster memoir “Hillbilly Elegy,” which detailed the plight and concerns of Rust […]