Donald Trump is going to be the next President of the United States. And tech stocks, like so many stocks this morning, are tanking. The one exception? Twitter — Donald Trump's platform of choice for spewing hate.
Facebook, Twitter and Apple stocks as of 3:45AM AEDT (Yahoo stocks)
As Financial Times reporter Tim Bradshaw points out, Twitter is doing really well right now. Apple? Down. Google? Down. Facebook? Down. Twitter? Soaring like an eagle. The company saw over 75 million tweets posted yesterday.
The rise of the so-called alt-right, a racist movement of despicable eggs posing as human beings, turned the 2016 US election into a living hell for many people. Longtime users of Twitter asked the company to address the antisemitic, misogynistic and racist rhetoric that infested the site in the past year. But it looks like that hate and division was positive for the business side of Twitter, at least in the short term.
America lost yesterday. But Twitter must be feeling pretty good this morning.