Buffett's Favorite Chart Just Hit 209% - Here's What That Means For Gold

Buffett's favorite market signal just hit its highest level in history-stocks are more overvalued than 1929. He's sitting on $325B in cash... and may be about to buy one overlooked gold miner. I've identified it-plus 4 others with up to 100X potential.

Apple CEO Tim Cook Reportedly Donates $1 Million To Trump Inauguration, Joins Ranks Of Mark Zuckerberg, Jeff Bezos, And Sam Altman

Rounak Jain
January 03, 2025

Apple Inc. (NASDAQ:AAPL) CEO Tim Cook reportedly donated $1 million to President-elect Donald Trump’s inaugural committee, joining the ranks of other major tech leaders like Jeff Bezos, Mark Zuckerberg, and Sam Altman, among others.

What Happened: Cook's $1 million donation to Trump's inauguration comes after several meetings between the two during Trump’s first term and a recent dinner at Mar-a-Lago.

Cook, originally from Alabama, considers the inauguration an important American tradition and is contributing to the spirit of unity, according to a report by Axios.

Apple itself is not expected to make a donation. Cook has consistently engaged with policymakers from both political parties, emphasizing active participation.

See Also: Trump Administration To Challenge Social Media Censorship, Setting Stage For Conflict With EU Regulations

Other prominent Silicon Valley contributors to the inauguration include Amazon.com Inc., Meta Platforms Inc., and Uber Technologies, among others.

Wall Street firms such as Goldman Sachs and Bank of America, along with crypto exchanges Kraken and Coinbase, are also making significant contributions.

Subscribe to the Benzinga Tech Trends newsletter to get all the latest tech developments delivered to your inbox.

Why It Matters: Cook's donation comes amid a series of high-profile pledges from tech and business leaders to support Trump’s inauguration.

Recently, Cook dined with Trump at Mar-a-Lago, marking his first interaction with Trump since his re-election. This meeting was part of a broader effort by tech leaders, including Mark Zuckerberg and Sundar Pichai, to engage with the incoming administration.

Additionally, Ford Motor Co. has also pledged $1 million to Trump’s inauguration, matching contributions from Amazon and Meta. This aligns with a trend of significant support from the tech and automotive sectors.

Furthermore, OpenAI CEO Altman announced a $1 million donation, expressing eagerness to support Trump’s efforts to advance the U.S. in the artificial intelligence sector. This reflects a broader interest in aligning with the new administration’s tech policies.

Check out more of Benzinga’s Consumer Tech coverage by following this link.

Read Next:

  • Bernie Sanders Calls Trump’s 10% Interest Rate Cap On Credit Card Debt A ‘Great Idea’ As Defaults Surge

Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Photo courtesy: Shutterstock

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