The 5G concept includes major US-listed companies in the fifth-generation telecommunication technology industry chain.
Latest poll: Trump's approval rating has dropped to 43%, the lowest since taking office in January.
A recent poll by the polling institution Ipsos shows that due to dissatisfaction among USA citizens with Trump's tariff measures and his government's handling of information about military strikes in Yemen, Trump's approval rating has dropped to 43%; this is the lowest level since his return to the White House in January.
Goldman Sachs trader: I see that the bulls are selling off Technology stocks, and the Hedge Funds are aggressively shorting.
Goldman Sachs trader John Flood stated that when all factors are taken into account, the actual "equivalent tariff rate" in the USA will be close to 20%, significantly higher than Goldman Sachs' previous baseline assumption of 15%. "This will hinder GDP growth, push up inflation rates, and continue to pressure the USA stock market."
The U.S. Treasury Secretary 'shifts the blame': The sharp decline in the U.S. stock market is due to issues with the Mag 7, not the MAGA.
As tariffs are implemented and Post-Market Trading falls sharply, US Treasury Secretary Bessent once again defended Trump, stating that the Nasdaq Index peaked on the day DeepSeek was released, so this is a Mag 7 issue, not a MAGA issue.
Meta's Zuckerberg Lobbying President Trump to Escape Upcoming FTC Trial - WSJ
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