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MAGA Tech and Trump

President Donald Trump announced that he found a new MAGA, which is the 4 largest US tech companies, the giants called Microsoft, Apple, Amazon and Google that have market caps above $1 trillion US dollars. He sat down with and praised his economy, with growth in 401Ks, jobs and Four Trillion Dollar Companies. He called the MAGA companies the trillion-dollar club. The Trump White House sometimes has a tense relationship with some big tech companies and it was just announced that the Federal Trade Commission was investigating Facebook. Note that just hours before the Trump meeting, the FTC announced that it was examining prior acquisitions under an antitrust law called Hart-Scott-Rodino Act. It will be interesting what the Trump administration will find from the FTC investigations.

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