Silicon Valley shows every sign of fearing a Trump presidency, and if the president-elect's campaign rhetoric matches his governing policies, America's tech capital may have good reason to be afraid.
Meanwhile the White House is readying for a transition of power, from the most tech-friendly administration to one whose tech leanings are largely unknown. Unlike his opponent in the campaign, President-elect Trump never produced a document outlining a clear vision. What we do have instead are Twitter rants and campaign speeches blasting all of today's most valued tech companies, from calling for a boycott of Apple products to accusing Amazon and CEO Jeff Bezos of huge anti-trust problems.
In response, technology stocks have lagged the broader market gains since Trump's victory. The Nasdaq composite ended the week up 3.8 percent compared with the Dow, which logged its best weekly gain in five years. (The Nasdaq was down slightly in midday trading Monday.)
In many ways, President-elect Trump's policies are antithetical to Silicon Valley. His stated positions on jobs, immigration and trade addressed fears among much of the electorate that, among other things, technological change is dramatically increasing inequality.