President-elect Donald Trump met with Apple CEO Tim Cook, as he introduced at his ‘Make America Great Again Victory Rally’, saying the CEO is planning to make an funding within the US, after DAMAC and Softbank.
President-elect Donald Trump stated on the eve of his inauguration that he spoke with Apple CEO Tim Cook and anticipated a possible transfer by the world’s most dear firm.
“I talked to Tim Cook from Apple. He stated they will make a large funding within the United States due to our massive election victory,” he stated throughout his ‘Make America Great Again Victory Rally’ on Sunday in Washington DC
Apple didn’t instantly reply to FOX Business’ request for remark.
| Ticker | Safety | Last | Edit | Change % |
|---|---|---|---|---|
| AAPL | APPLE INC. | 229.98 | +1.72 | +0.75% |
It would not be the primary time the 2 have labored collectively. In 2019, throughout Trump’s first time period, Cook served on the American Workforce Policy Advisory Board.
President Donald Trump speaks with Apple Inc. CEO Tim Cook in the course of the first assembly of the American Workforce Policy Advisory Board within the State Dining Room of the White House in Washington, Wednesday, March 6, 2019. (AP Photo/Manuel Balce Ceneta)
Since successful the electoral and widespread vote on November 5, 2024, Trump has secured two main investments within the United States. First, Softbank guarantees $100 million to create 100,000 jobs.
“This historic funding is an amazing present of confidence in America’s future. And it would assist be sure that the unreal intelligence, rising applied sciences and different industries of tomorrow are constructed, created and grown proper right here within the United States,” he stated. Trump introduced in December.
US President-elect Donald Trump delivers a speech alongside SoftBank Chairman and CEO Masayoshi Son at Mar-a-Lago in Palm Beach, Florida on Monday, December 16. (Reuters/Brian Snyder/Reuters)
The second, a $20 billion dedication by DAMAC to construct information facilities.
WHAT TO KNOW ABOUT DAMAC?
“I’m excited to announce right now that DAMAC will make investments at the least $20 billion in a really brief time frame within the United States, and so they may double and even exceed double that quantity. That’s an amazing factor,” Trump stated.
The first part of the info heart undertaking might be in Texas, Arizona, Oklahoma, Louisiana, Ohio, Illinois, Michigan and Indiana, Trump stated.
Since the election, many CEOs have damaged bread with Trump at Mar-a-Lago, together with Meta’s Mark Zuckerberg, Google’s Sundar Pichai and Walmart’s Doug McMillion.
THE CEO OF WALMART MET TRUMP, TALKED ABOUT POLITICS, ECONOMY
Trump additionally spoke of rising optimism within the financial system, small enterprise confidence at a 39-year excessive and the inventory market. Since his victory, the S&P 500 Index has superior practically 4%, the Dow Jones Industrial 3% and the Nasdaq Composite 6%.
He additionally famous Bitcoin’s run. The largest cryptocurrency by market worth is buying and selling above $100,000 Sunday night.
As for Apple, its shares have risen greater than 20% up to now 12 months and just lately approached a $4 trillion valuation earlier than retreating from that mark.
TECHNOLOGY LEADERS BEZOS, ZUCKERBERG, COOK AND PICHAI SEEK CONTACT WITH TRUMP
FOX Business’ Eric Revell and Fox News’ Greg Norman contributed to this report.
