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The Forbes Daily Briefing shares the best of Forbes reporting on wealth, business, entrepreneurship, leadership and more. Tune in every day, seven days a week, to hear a new story. The Daily Briefing is edited, produced and hosted by Kieran Meadows.
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Trump’s win has been good for Palantir shareholders. Especially these two. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Liberty Energy CEO Wright is an MIT and Berkeley trained engineer running a big fracking company. He’s also an investor in next-gen technology, including Tim Latimer’s Fervo Energy, which aims to frack hot rocks to provide geothermal energy. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
A protege of hedge fund tycoon George Soros, Bessent is now all in on Trump. Meet the man who could become a key player steering the U.S. economy. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Killing green energy tax credits—as Trump has pledged to do—could prove difficult. Anyway, much of the industry can survive and grow without those subsidies. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Solar, wind and utility-scale battery projects are expected to keep growing regardless of the next administration’s “drill baby drill” obsession for a simple reason: they’re cheaper. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Taiwan Semiconductor Manufacturing Company has been accused by a group of its U.S. employees of concocting a “discriminatory scheme” that favors Taiwanese foreign workers. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Pharmaceuticals have mostly been spared from past tariff battles, but this time they’re on the block. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
The Shark Tank billionaire has drawn scrutiny in recent days for owning a $13.5 million condo in the Trump International Tower in New York. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Trump’s re-election may be an overall boon to Silicon Valley giants wary of aggressive competition enforcement. But he may have a more hands-off approach with Google’s legal battle, already years in progress. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
The return of the pro-space Republican to the White House could boost civil and military spending on space to compete with China—as long as he doesn’t take an ax to the federal budget. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
President-elect Trump will likely put business-friendly leaders in charge of key government agencies and ease regulatory burdens. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
With Elon Musk’s potential involvement in a new Trump administration, Silicon Valley’s defense leaders hope the $800 billion Department of Defense budget will be unlocked for tech startups. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
These are the billionaires, business leaders and entertainers poised to shape Donald Trump’s second presidential administration. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Stimulus measures fueled a stock market rally that boosted fortunes of the majority of China’s richest. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
The billionaire’s high-profile support for the winning Republican presidential candidate likely means lighter federal scrutiny of his companies and greater influence for the world’s wealthiest man. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Voters rejected legalizing recreational marijuana in the bellwether state. Here’s what it means for federal legalization and pot’s green wave. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
In advance of the election, owners of small businesses—the most trusted institution in America—reported record levels of uncertainty. Both parties are playing to their concerns. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Some employees have argued political posts are good for business, and urged the company to loosen its political ads ban. Others worry politics could poison TikTok’s magic. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Tariffs and renewed trade wars could raise costs and derail overseas sales for the embattled plane maker, while the defense budget and arms exports could be threatened. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
The mercurial billionaire’s fawning support of a Republican candidate who promises to roll back environmental progress is a dilemma for a company whose core buyers identify as climate-conscious Democrats. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
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