tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Trump Targets Late-Night TV: Potential Ripples for Comcast, Disney and Communication Services ETFs

Trump Targets Late-Night TV: Potential Ripples for Comcast, Disney and Communication Services ETFs

Claim 70% Off TipRanks This Holiday Season

President Trump has posted a new announcement on Truth Social, the social media platform. He wrote:

“Who has the worst Late Night host, CBS, ABC, or NBC??? They all have three things in common: High Salaries, No Talent, REALLY LOW RATINGS!”

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 criticism of late-night hosts could briefly pressure sentiment around Comcast and Disney, as both own major broadcast networks (NBC and ABC) directly implicated in his post, potentially contributing to short-term volatility in their share prices. Any meaningful move in these individual stocks might marginally influence broader communication services vehicles like the Vanguard Communication Services ETF (VOX) and the Communication Services Select Sector SPDR Fund (XLC), though their diversified holdings would dilute the impact. Over the longer term, unless his comments lead to measurable changes in audience behavior, advertising demand, or network strategy, the fundamental effect on these companies and sector ETFs is likely to remain limited.

Here are some of the stocks that might be affected:
Comcast Corp ((CMCSA)),
Walt Disney Company ((DIS)),
Vanguard Communication Services ETF ((VOX)),
Communication Services Select Sector SPDR Fund ((XLC)).

Disclaimer & DisclosureReport an Issue

1