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President Trump has posted a new announcement on Truth Social, the social media platform. He wrote:
“RT @MelaniaTrump MELANIA, the film. #1 Highest Opening In 10 Yrs (Doc) Loved By All – “A”CinemaScore”
How Will Trump’s Statement Affect the Stock Market?
This latest post has the potential to affect the stock market. That’s because Trump’s amplification of a documentary’s strong box office and audience reception could briefly boost sentiment toward content-focused media names like Warner Bros. Discovery and indirectly benefit large streaming platforms such as Netflix and Disney if investors extrapolate demand for politically charged or personality-driven content. Broader communication-services ETFs (VOX, XLC) might see negligible direct impact, but could experience minor speculative inflows if traders bet on increased engagement and ad dollars across social and streaming media tied to political figures. Any price reaction is likely to be short-lived and sentiment-driven rather than grounded in a material change to Disney, Netflix, or Warner Bros. Discovery fundamentals.
Here are some of the stocks that might be affected:
Walt Disney Company ((DIS)),
Netflix ((NFLX)),
Vanguard Communication Services ETF ((VOX)),
Communication Services Select Sector SPDR Fund ((XLC)),
Warner Bros. Discovery, Inc. Series A ((WBD)).