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President Trump has posted a new announcement on Truth Social, the social media platform. He wrote:
“Raphael Warnock was on Meet the Fake Press with a one sided and very biased Kristen Welker as the Host(ess!). Warnock spent the entire show using Religion to try and divide the Country! If a Republican, in particular ME, made those statements, it would be FRONT PAGE NEWS. He ended by saying that he was going to his Church to preach now, and while I think that’s fine, I do say, “What ever happened to separation of Church and State?” That would be the first thing they would use against us but, actually, it’s something that never much bothered me. Anyway, Warnock is a LIGHTWEIGHT whose wife correctly states that he tried to run her over with a car. Fortunately, she was able to get out of the way, and only almost lost her foot. Warnock is a bad guy, and NBC News, which is second only to ABC Fake News for being the worst, should be ashamed of themselves in allowing garbage “interviews” with untalented and uncaring people to take place. The Public airwaves, which these Networks are using at no charge, should not be allowed to get away with this any longer! They should be properly licensed, and pay significant amounts of money for using this very valuable Public space. Thank you for your attention to this matter. MAGA!”
How Will Trump’s Statement Affect the Stock Market?
This latest post has the potential to affect the stock market. That’s because Former President Donald Trump’s critical statement on Raphael Warnock and the media networks, such as NBC News, may impact investor sentiment towards companies in the media sector. Specifically, Comcast Corp (NBC’s parent company), Walt Disney Company (owner of ABC News), and News Corporation Class A could face stock market fluctuations due to heightened public and political scrutiny. Furthermore, ETFs tied to the communication services sector, like Vanguard Communication Services ETF and Communication Services Select Sector SPDR Fund, may experience secondary effects due to exposure to these media entities.
Here are some of the stocks that might be affected:
Comcast Corp ((CMCSA)),
News Corporation Class A ((NWSA)),
Walt Disney Company ((DIS)),
Vanguard Communication Services ETF ((VOX)),
Communication Services Select Sector SPDR Fund ((XLC)).