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What Major U.S. Companies Are Saying About Donald Trump What Big U.S. Companies Like Starbucks and Facebook Are Saying About a Trump Presidency
(about 5 hours later)
In the wake of Donald Trump's election as the 45th president of the United States, major companies have weighed in on the prospect of working alongside the new commander-in-chief, as well as about how the election could impact their bottom lines.In the wake of Donald Trump's election as the 45th president of the United States, major companies have weighed in on the prospect of working alongside the new commander-in-chief, as well as about how the election could impact their bottom lines.
Several major industry leaders congratulated the president-elect and remained optimistic about the future of the global economy -- a favorable outlook that came as U.S. stocks rebounded Wednesday, reversing earlier losses overnight after Trump closed in on becoming the next U.S. president.  Several major industry leaders congratulated the president-elect and remained optimistic about the future of the global economy -- a favorable outlook that came as stocks trader higher on Thursday, positioning the market for a fourth straight day of gains. 
Aerospace and defense giant Boeing (BA) on Wednesday congratulated Trump and members of Congress on their success, adding that the company is looking forward to working with them on advancing global economic growth and protecting workers, according to Reuters.  Others, such as Starbucks  (SBUX) CEO Howard Schultz, said Wednesday he was "stunned" by the election upset and called upon his staff to "find the best version" of themselves to move the country forward. 
Trump has said he wants to beef up the U.S. military, which could serve as a boon for Boeing's defense and space business, as well as for its rivals. Defense stocks rallied on Wednesday following the announcement of Trump's victory.  "Whether you are pleased or disappointed by the outcome, we each still have a choice," Schultz said in a memo. Just prior to the election, Schultz, who had endorsed Hillary Clinton, wrote to employees that he was anxious about the election and how divided the country had become. 
General Motors (GM) noted in a statement that it looks forward to working with Trump and Congress on developing policies that "support a strong and competitive U.S. manufacturing base."  Facebook  (FB) CEO Mark Zuckerberg late Wednesday night voiced his thoughts on the election on the social media site, tagging his post as "feeling hopeful." Zuckerberg implored Americans to view the election as a call to create the "world we want for our children."
Meanwhile, competitor Ford (F) also congratulated Trump on his dramatic win. "This work is bigger than any presidency and progress does not move in a straight line," Zuckerberg said. "We are all blessed to have the ability to make the world better, and we have the responsibility to do it. Let's go work even harder." 
(Ford is held in the Dividend Stock Advisor portfolio. See all of the holdings with a free trial.)