1. Tech stocks on Wall Street surged on Wednesday, not only due to frequent good news from tech giants, but also because Trump's appointment of Andrew Ferguson as the new chair of the Federal Trade Commission sparked optimism; 2. Ferguson is one of the five current commissioners of the committee, and the market anticipates that he may end the antitrust investigation against Google's parent company Alphabet after taking office.
On December 12, the Financial Associated Press reported (editor: Ma Lan) that tech stocks on Wall Street surged strongly on Wednesday. $Nasdaq Composite Index (.IXIC.US)$ It broke through 20,000 points for the first time, with an annual increase of over 33%. This surge was not only due to. $Apple (AAPL.US)$ 、 $Alphabet-A (GOOGL.US)$ / $Alphabet-C (GOOG.US)$ 等科技巨头利好消息的推动外,可能还与美国新联邦贸易委员会(FTC)主席的人选有关。

周二,特朗普宣布由Andrew Ferguson担任下一任美国联邦贸易委员会的主席,接替反垄断斗士Lina Khan的工作,后者因阻止了一系列大型企业收购和提起对$Amazon (AMZN.US)$and $Meta Platforms (META.US)$ 的垄断调查而闻名华尔街。
Ferguson可能与Khan持有完全不同的政策观点。他目前是联邦贸易委员会的五名委员之一,但一直被视为Khan手底下最突出的异见者。
The Chief Global Strategist of a proprietary Capital Markets company, Jay Woods, stated that many believe that under Ferguson's leadership, the Federal Trade Commission's antitrust investigation into Alphabet (Google's parent company) will come to an end.
Hard to guess Trump.
Despite Trump's and his team's critical stance towards large Technology companies in the USA, and the previous appointment of Gail Slater, a relatively radical antitrust advocate, as head of the Department of Justice's antitrust investigation by Trump, there remains skepticism in the market regarding Technology regulation and merger policies during Trump's term.
Ferguson's appointment also indicates that Trump's antitrust stance may not be as firm, as Ferguson seems willing to rigorously scrutinize large Technology companies only at specific times.
According to some sarcastic comments, if Technology companies are reviewing conservatives, Ferguson would show hostility without hesitation. However, when Technology companies lean towards right-wing Republicans, such as Musk's X, Ferguson would offer praise.
According to a campaign document, Ferguson seems to pledge to overturn Khan's strict antitrust enforcement, abolish cumbersome regulations, and stop merger obstruction battles. He also claims to end the Federal Trade Commission's attempts to become the regulatory authority for AI in the USA.
Interestingly, Democrat Khan, whose views are inconsistent with Ferguson's, is quite well-regarded within Trump's team. Vance commented earlier this year that Khan is probably one of the few officials in the Biden administration who is doing well.
Incoming Vice President Vance has been trying to persuade Republicans to take on large corporations over the past few years, branding himself as a voice for the worker community. However, Trump's own views may differ from Vance's.
Among Trump's many appointments, it was found that billionaires and business executives occupied extremely important positions. At the same time, Trump also promised to provide regulatory exemptions for large companies and a green channel for companies investing more than 1 billion dollars in the USA.
These measures will undoubtedly stimulate the economic strength of the USA, but they also undermine the hopes of many voters who wish to limit the expansion of corporate power.
编辑/jayden