{
Science Applications International Corp

Companies

}
001122334455554433221100
001122334455554433221100

musk's trillion dollar spending cuts raise concerns for tech investors

Elon Musk's proposal to cut federal spending by $1 trillion is alarming tech investors, particularly those in companies reliant on government contracts. Major firms like Microsoft, Oracle, and Accenture may face revenue pressures, with some stocks already dropping over 20% since the last election. Earnings growth forecasts for software and services firms in 2025 have been revised down to 11.6%, reflecting heightened investor caution despite Musk's assurances regarding his commitment to the Department of Government Efficiency (DOGE).
Tech in Asia
United States Dollar SAP SE Oracle AI USD Microsoft Corporation Science Applications International Corp Gartner, Inc. Accenture plc ServiceNow, Inc. CACI International Inc USA Elon Musk Show more
Finance & Economy, Market Report
05:25 04.04.2025
Trending
Subcategory
Corporate News Industry Trends Stock Market Updates Finance Mergers & Acquisitions Retail and Consumer Goods Global Financial Events Industry Mergers & Acquisitions Banking Regulations AI Innovations Startups & Entrepreneurship Market Analysis and Predictions Global Trade Developments Central Bank Actions Supply Chain Management Funding Rounds & Investments CEO Changes Government Economic Policies Energy Sector Developments Government Policies AI & Automation Regulations
Countries:
USA CHN GBR IND DEU CAN CHE ARE FRA SAU ESP JPN HKG ITA AUS BRA SGP RUS IRL KWT
Companies:
NVIDIA Corporation Huawei Technologies CO. Ltd. The Goldman Sachs Group, Inc. Tesla, Inc. Wells Fargo & Company Apple Inc. Barclays PLC Bank of America Corporation Citigroup Inc. Erste Group Bank AG Microsoft Corporation Amazon.com, Inc. BNP Paribas SA JPMorgan Chase & Co. Berkshire Hathaway Inc. Morgan Stanley HSBC Holdings plc American Express Co HSBC HOLDINGS UBS Group AG
Currencies:
United States Dollar Euro British Pound Sterling Swiss Franc Indian Rupee Chinese Yuan Japanese Yen United Arab Emirates Dirham Saudi Riyal Offshore Chinese Yuan Swedish Krona Canadian Dollar Polish Złoty Australian Dollar South Korean Won Hong Kong Dollar Russian Ruble Armenian Dram Brazilian Real Norwegian Krone
People:
Donald Trump Elon Musk Warren Buffett Charles W. Scharf Joe Biden Scott Bessent Polo Tang Xi Jinping Sushil Bathija Vikram Chavali Gerard Cassidy Goldman Sachs Ashitha Shivaprasad Sherin Elizabeth Varghese Anjana Anil Jean Du Boullay Nasir Alsharif Saygin Yalcin Urs Monstein Gina Raimondo

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Links

Address

Newsletter

© 2025 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings

Save settings
Reset settings
Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.