Luke Vargas
👤 SpeakerAppearances Over Time
Podcast Appearances
But Journal of Finance editor Alex Frangos told us we've heard enough results already to see a trend among top execs.
But Journal of Finance editor Alex Frangos told us we've heard enough results already to see a trend among top execs.
A few CEOs have voiced support for tariffs, though, with one U.S. steel producer welcoming levies on imported steel and aluminum, while the CEO of appliance maker Whirlpool said tariffs will level the playing field. Well, among the companies less impacted by tariffs on foreign goods is Google parent Alphabet, which rallied in off-hours trading after reporting solid earnings last night.
A few CEOs have voiced support for tariffs, though, with one U.S. steel producer welcoming levies on imported steel and aluminum, while the CEO of appliance maker Whirlpool said tariffs will level the playing field. Well, among the companies less impacted by tariffs on foreign goods is Google parent Alphabet, which rallied in off-hours trading after reporting solid earnings last night.
However, even its outlook is clouding, with the company drawing a lot of its revenue from the $350 billion digital advertising industry. The market is preparing for a tariff-induced slowdown as brands pull back on advertising when their consumers are less likely to buy.
However, even its outlook is clouding, with the company drawing a lot of its revenue from the $350 billion digital advertising industry. The market is preparing for a tariff-induced slowdown as brands pull back on advertising when their consumers are less likely to buy.
That poses a risk to meta-platforms and Alphabet, who rely on tens of billions of dollars in advertising revenue in order to finance expansions into other areas such as artificial intelligence. President Trump is targeting Democrats' main fundraising platform, asking the Justice Department to investigate ActBlue over allegations it allows illegal campaign donations.
That poses a risk to meta-platforms and Alphabet, who rely on tens of billions of dollars in advertising revenue in order to finance expansions into other areas such as artificial intelligence. President Trump is targeting Democrats' main fundraising platform, asking the Justice Department to investigate ActBlue over allegations it allows illegal campaign donations.
The platform gives small-dollar donors an easy way to contribute to Democrats' campaigns. with ActBlue having collected nearly $3.8 billion in individual contributions during the last election cycle. A summary of Trump's memo makes no mention of WinRed, a prominent Republican online fundraising platform designed to replicate Democrats' success.
The platform gives small-dollar donors an easy way to contribute to Democrats' campaigns. with ActBlue having collected nearly $3.8 billion in individual contributions during the last election cycle. A summary of Trump's memo makes no mention of WinRed, a prominent Republican online fundraising platform designed to replicate Democrats' success.
Meanwhile, President Trump's approval rating fell to 45 percent in April, the second lowest for any post-World War II president, though slightly above his 41 percent rating from his first term. The Gallup poll comes as the president nears 100 days in office, over which time he's implemented 137 executive orders, over 100 more than the first three months of his previous term.
Meanwhile, President Trump's approval rating fell to 45 percent in April, the second lowest for any post-World War II president, though slightly above his 41 percent rating from his first term. The Gallup poll comes as the president nears 100 days in office, over which time he's implemented 137 executive orders, over 100 more than the first three months of his previous term.
In response, more than 80 lawsuits have been filed that challenge his executive orders on immigration, gender and diversity, and climate change. And in rulings in some of those challenges, Trump suffered a string of legal setbacks yesterday.
In response, more than 80 lawsuits have been filed that challenge his executive orders on immigration, gender and diversity, and climate change. And in rulings in some of those challenges, Trump suffered a string of legal setbacks yesterday.
Federal judges across the country blocked or slowed core policy goals, including the administration's push to require proof of citizenship when registering to vote. as well as efforts to strip federal funding from sanctuary cities and public school districts with DEI programs.
Federal judges across the country blocked or slowed core policy goals, including the administration's push to require proof of citizenship when registering to vote. as well as efforts to strip federal funding from sanctuary cities and public school districts with DEI programs.
White House spokesman Harrison Fields said the administration was confident in securing an ultimate victory in the courtroom. And for further details on those rulings, check out the link we've left in our show notes. Coming up, two months after Vice President J.D. Vance scolded European political leaders gathered in Germany for ignoring the will of voters, the U.S.
White House spokesman Harrison Fields said the administration was confident in securing an ultimate victory in the courtroom. And for further details on those rulings, check out the link we've left in our show notes. Coming up, two months after Vice President J.D. Vance scolded European political leaders gathered in Germany for ignoring the will of voters, the U.S.
chided a gathering of energy ministers in London yesterday, suggesting that climate-motivated renewables policies were harming human lives. We'll go inside the growing rift in global energy policy after the break.
chided a gathering of energy ministers in London yesterday, suggesting that climate-motivated renewables policies were harming human lives. We'll go inside the growing rift in global energy policy after the break.