Silicon Valley return on Trump bet: Plunging valuations, delayed IPOs

Silicon Valley return on Trump bet: Plunging valuations, delayed IPOs

The Nasdaq MarketSite in New York, June 9, 2023. Michael Nagle | Bloomberg | Getty Images Silicon Valley executives and financiers publicly opened their wallets in support of President Donald Trump’s 2024 presidential run. The early returns in 2025 aren’t great, to say the least. Following Trump’s sweeping tariff plan announced Wednesday, the Nasdaq suffered…

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