Close Menu
fintechbits
  • News
  • AI
  • Acquisitions
  • Trends
  • Opportunities
  • Insights
  • Rumors
  • Regulatory
  • Startups
  • Innovations

Subscribe to Updates

Get the latest news from Fintechbits.

Trending Now

Nigerian fintech Carrot secures $4.2 million to offer loans backed by digital investments.

June 1, 2025

AI Tracker – Latest Updates in News

May 31, 2025

Wealthsimple hires multiple teams to enhance family financial management.

May 31, 2025

Nigerian startup Defi, Xend Finance partners with Risevest to introduce a tokenized stock platform called Bitke.

May 31, 2025
Facebook X (Twitter) Instagram
Trending
  • Nigerian fintech Carrot secures $4.2 million to offer loans backed by digital investments.
  • AI Tracker – Latest Updates in News
  • Wealthsimple hires multiple teams to enhance family financial management.
  • Nigerian startup Defi, Xend Finance partners with Risevest to introduce a tokenized stock platform called Bitke.
  • Rephrasing the title from GIFTCL and Core-AI-AI-AIA on AI in financial services.
  • Transitioning from fashion to fintech: Leading startup investments of the week (May 24-30)
  • The financing of Newsai healthcare is utilized in DSEs to enhance invoicing efficiency, according to Johnson, the main vice president of clinic customer services, who noted that artificial intelligence is employed to optimize administration.
  • Nadcab’s advanced AI techniques enable sustainable improvements in finance while ensuring cybersecurity.
Facebook X (Twitter) Instagram Pinterest Vimeo
fintechbits
  • News

    The impact of the fintech recruitment crisis on job seekers.

    May 28, 2025

    Turkish Fintech Papara Under Investigation for Potential Money Laundering Activities

    May 27, 2025

    The Fintech Agreement aims to secure lower-cost funding from Africa.

    May 26, 2025

    The CEO of Lead Bank advocates for discussing a narrative at the premier Fintech event.

    May 22, 2025

    Breaking: Jaywing purchased by London Fintech in a highly complementary deal.

    May 21, 2025
  • AI

    AI Tracker – Latest Updates in News

    May 31, 2025

    Rephrasing the title from GIFTCL and Core-AI-AI-AIA on AI in financial services.

    May 31, 2025

    The financing of Newsai healthcare is utilized in DSEs to enhance invoicing efficiency, according to Johnson, the main vice president of clinic customer services, who noted that artificial intelligence is employed to optimize administration.

    May 31, 2025

    Nadcab’s advanced AI techniques enable sustainable improvements in finance while ensuring cybersecurity.

    May 31, 2025

    BPM Infosys introduces AI agents that will transform finance and accounting services.

    May 31, 2025
  • Acquisitions

    Wealthsimple hires multiple teams to enhance family financial management.

    May 31, 2025

    The HPS of Morocco plans to acquire a Fintech company by 2027, referred to as CEO – TradingView News.

    May 3, 2025

    The Challenges of Implementing Central Bank Digital Currencies (CBDCs)

    April 14, 2025

    Apex Fintech considering the purchase of Bakkt

    April 13, 2025

    The Future of Digital Wallets: Trends to Watch

    April 12, 2025
  • Trends

    The $2.6 Trillion Revolution: Inside 2025’s Private Credit BoomHow a once-niche asset class is redefining modern finance

    May 21, 2025

    The Transformative Power of Generative AI in Financial Services: Innovation, Implementation, and Impact

    May 16, 2025

    Latin America’s Fintech Sector Poised to Reach 49.58 Billion USD

    May 1, 2025

    Analysis of Industry Market Size in the 2025 Fintech Market Report

    April 28, 2025

    Analysis of Trends and Key Drivers in India’s Blockchain Fintech Sector

    April 23, 2025
  • Opportunities

    Employment Opportunities in Fintech, Online, and Cryptocurrency from May 29 to 30 – Cape Town FMAS: 25

    May 30, 2025

    Exploring Fintech, Cryptocurrency, and Online Job Opportunities in South Africa from May 29 to 30 – Cape Town FMAS: 25

    May 29, 2025

    Biannual Work in Barcelona Employment and Information Fair Returns on May 21 with 40 Organizations and Over 2,000 Participants

    May 22, 2025

    Treasury Engages in Discussions with Fintech Unicorns About Joining the London Stock Exchange

    May 20, 2025

    Top Fintech Employers of 2025

    May 15, 2025
  • Insights

    Payments Postglobaux announces that Fintech Acrisure will acquire its payroll unit, Heartland Payroll Solutions, for $1.1 billion in payments.

    May 29, 2025

    RBI strengthens the rule on default loss guarantees; NBFCS will exclude coverage for original loans in Fintech

    May 28, 2025

    Fintech company Airwallex exceeds a valuation of $6 billion in its latest funding round.

    May 24, 2025

    Fintech Airwallex reaches a valuation exceeding $6 billion in its latest funding round.

    May 22, 2025

    Bath Capital guides targeted investment in Acrisure’s growth initiatives.

    May 22, 2025
  • Rumors

    Grab refutes speculation about losing $7 billion alongside Goto.

    May 30, 2025

    Up Fintech Stock (Nasdaq: Tigr) Surpasses Market Expectations, Resulting in Gains

    May 30, 2025

    Motorola Considers $4.5 Billion Investment in Wireless Radio and Other Speculations

    May 25, 2025

    404 Error – Page Unavailable on Coinspeaker

    May 22, 2025

    Brighthouse Financial executives address misleading rumors and inconsistent first-quarter figures in insurance news.

    May 16, 2025
  • Regulatory

    Examining the Regulatory Environment for Digital Assets in the Evolving Fintech Landscape: Opportunities in the US, UK, and EU by Latham & Watkins LLP

    May 29, 2025

    The FMA reveals the participants in the Sand Tips Fintech program.

    May 25, 2025

    Fintech Groww Targets 800 Million Dollar Initial Public Offering

    April 26, 2025

    Wolters Kluwer Receives the Prix Fintech Breakthrough Award 2025 for its Onesumx Solution

    April 22, 2025

    Partner in Fintech Founders launches a new Self-Regulatory Organization

    April 19, 2025
  • Startups

    Nigerian fintech Carrot secures $4.2 million to offer loans backed by digital investments.

    June 1, 2025

    Nigerian startup Defi, Xend Finance partners with Risevest to introduce a tokenized stock platform called Bitke.

    May 31, 2025

    Transitioning from fashion to fintech: Leading startup investments of the week (May 24-30)

    May 31, 2025

    RAZORPAY’s IPO is approaching as the Indian fintech startup makes its mark.

    May 30, 2025

    Brussels-based Fintech Husk raises 1 million euros to assist startups in reducing expenses and managing cash flow.

    May 30, 2025
  • Innovations

    Top 10 Nations Leading in Technological Innovation by 2025

    May 22, 2025

    New Course Overview: Successful Fintech Strategies

    May 20, 2025

    How Malta’s iGaming Framework Promotes Innovation in European Fintech

    May 18, 2025

    Fintech vs. Big Banks: Who Will Win the Battle for Gen Z’s Wallet?

    May 13, 2025

    Key Innovations Transforming Careers in Fintech

    May 6, 2025
fintechbits
Home » Buffett refutes social media speculation following Trump’s claim that the investor backs the market president.
Market Rumors

Buffett refutes social media speculation following Trump’s claim that the investor backs the market president.

3 Mins Read
Facebook Twitter Pinterest Telegram LinkedIn Tumblr Email Reddit
106405968 15825476788701u8a3373.jpg
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link

Warren Buffett Denies Claims About Trump’s Impact on Stock Market

On Friday, Warren Buffett took a stand against false claims circulating on social media after former President Donald Trump shared a peculiar video on Truth Social. This video insinuated that Trump deliberately manipulated the stock market’s decline, a move supposedly supported by Buffett.

Trump’s Controversial Video

In the video shared by Trump, it was argued that his recent political decisions were designed to lower the market intentionally. “Trump crushed the stock market by 20% this month, but he does it on purpose,” the narration stated, suggesting that he had a strategic game plan involving interest rates and mortgage rates.

The video falsely claimed that Warren Buffett endorsed Trump’s actions, stating, “And that is why Warren Buffett said: ‘Trump makes the best economic moves I have seen in over 50 years.’” This misrepresentation triggered a swift response from Buffett.

Berkshire Hathaway Responds

Buffett’s company, Berkshire Hathaway, quickly addressed the misinformation in a public statement. They clarified that all assertions attributed to Buffett regarding the stock market and Trump’s economic strategies were completely false. The statement emphasized that such rumors could have significant implications, especially in today’s fast-paced information environment.

Buffett himself spoke out against the disinformation during an interview with CNBC’s Becky Quick. He expressed concern over the spread of false narratives and indicated that he would refrain from commenting on the markets or economic conditions until the Berkshire annual meeting scheduled for May 3.

Buffett’s Historical Perspective on Taxes

While he avoided discussing Trump’s recent claims specifically, Buffett’s commentary on economic policy has often been critical. Back in March, he labeled economic tariffs as “a tax on goods,” with a clear stance against excessive taxation. His perspective has consistently pointed towards the negative impacts of aggressive trade policies.

Buffett’s wit was evident during interviews, where he humorously remarked, “The tooth fairy doesn’t pay for tariffs!” His criticisms of past administrations’ economic decisions highlight his cautious approach to trade and market intervention.

Concerns Over Economic Policies

During Trump’s presidency, Buffett was vocal about the negative effects of trade wars, cautioning that they could lead to broader global economic issues. He stated, “If we really have a trade war, it will be bad for the whole world.” His insights emphasize the interconnected nature of global trade and the potential consequences of protectionist policies.

Buffett’s strategies have been notably conservative, especially in recent times. With his massive investment conglomerate holding a record cash reserve exceeding $300 billion, he is clearly prioritizing stability amid uncertainty in markets impacted by ongoing geopolitical tensions.

Conclusion

Warren Buffett’s swift rebuttal of the false claims attributed to him underscores the importance of accurate representation in discourse, especially regarding economic matters. As misinformation can quickly spread online, Buffett’s stance serves as a reminder to critically evaluate sources and claims related to the financial market and political figures. His commitment to genuine economic dialogue remains a crucial element in these discussions.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Grab refutes speculation about losing $7 billion alongside Goto.

May 30, 2025

Up Fintech Stock (Nasdaq: Tigr) Surpasses Market Expectations, Resulting in Gains

May 30, 2025

Motorola Considers $4.5 Billion Investment in Wireless Radio and Other Speculations

May 25, 2025
Leave A Reply Cancel Reply

Latest news

Nigerian fintech Carrot secures $4.2 million to offer loans backed by digital investments.

June 1, 2025

AI Tracker – Latest Updates in News

May 31, 2025

Wealthsimple hires multiple teams to enhance family financial management.

May 31, 2025
News
  • AI in Finance (1,214)
  • Breaking News (148)
  • Corporate Acquisitions (46)
  • Corporate Acquistions (17)
  • Industry Trends (169)
  • Jobs Market News (289)
  • Market Insights (177)
  • Market Rumors (232)
  • Regulatory Updates (143)
  • Startup News (798)
  • Technology Innovations (147)
  • X Feed (1)
About US
About US

FintechBits is an blog delivering the latest news and insights in fintech, finance, and technology. We cover breaking news, market trends, innovations, and expert opinions to keep you informed about the future of finance

Facebook X (Twitter) Instagram Pinterest Reddit TikTok
News
  • AI in Finance (1,214)
  • Breaking News (148)
  • Corporate Acquisitions (46)
  • Corporate Acquistions (17)
  • Industry Trends (169)
  • Jobs Market News (289)
  • Market Insights (177)
  • Market Rumors (232)
  • Regulatory Updates (143)
  • Startup News (798)
  • Technology Innovations (147)
  • X Feed (1)
Happening Now

November 28, 2024

“ Intentionally collaborative ”: how the Rotman school of U of T leads Innovation Fintech

February 6, 2025

‘1957 Ventures’ to Drive FinTech Innovation in Saudi Arabia

September 10, 2024
  • About FintechBits
  • Advertise With us
  • Contact us
  • Disclaimer
  • Privacy Policy
  • Terms and services
  • BUY OUR EBOOK GUIDE
© 2025 Designed by Fintechbits

Type above and press Enter to search. Press Esc to cancel.