Wall Street Votes: Deregulation and Future of Big Tech

The video discusses President Trump's deregulation efforts, particularly under Executive Order 13771, which mandates removing two regulations for every new one. It highlights Trump's significant deregulatory actions compared to previous presidents. The focus then shifts to the tech industry, examining antitrust actions against major companies like Google and Facebook, and potential regulatory changes under President Biden. Despite these challenges, big tech companies like Apple and Amazon have performed well in the market, driven by trends like work-from-home. However, potential regulatory changes pose risks to their growth and revenue.

What was the main requirement of Executive Order 13771 introduced by President Trump?

• Introduce two new regulations for every one removed

• Remove one existing regulation for every two new ones introduced

• Remove two existing regulations for every new one introduced

• Introduce three new regulations for every one removed

Which major tech company faced an antitrust lawsuit from the DOJ under President Trump's administration?

• Apple

• Amazon

• Google

• Facebook

According to the Cicilline report, what is Facebook accused of doing?

• Promoting its own products over competitors

• Using data to buy smaller competitive threats

• Requiring in-app purchases for developers

• Blocking competitors from search results

What is one of the main concerns for Apple as highlighted in the Cicilline report?

• Using data to buy smaller companies

• Requiring developers to implement in-app purchases

• Blocking third-party apps from its devices

• Promoting its own search engine

How have Apple and Amazon performed in the market since President Trump took office?

• Their performance has been inconsistent

• They have significantly outperformed

• They have shown average performance

• They have underperformed compared to other tech companies