Trump says Benioff and Huang convinced him to halt federal deployment to San Francisco

Market Intelligence Analysis

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Why This Matters

US President Trump has announced that he will halt the federal deployment to San Francisco after being convinced by Salesforce CEO Marc Benioff and Nvidia CEO Jensen Huang.

Market Impact

The announcement is likely to have a positive impact on the San Francisco-based tech industry, particularly Salesforce and Nvidia, as it removes a potential disruption to their operations.

Sentiment
Bullish
AI Confidence
80%

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

Salesforce and Nvidia chiefs helped lobby against a ‘surge’ to the city

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Full article on Financial Times
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Original article published by Financial Times on October 23, 2025.
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