Billionaire Peter Thiel, VP Nominee JD Vance Have More Than Trump In Common: They're Both Really Into Hobbits
Portfolio Pulse from Natan Ponieman
J.D. Vance, a political outsider and former Marine, has been appointed as Donald Trump's running mate. Vance, who has strong ties to Silicon Valley billionaire Peter Thiel, is a best-selling author, Bitcoin enthusiast, and venture capitalist. Both Vance and Thiel are fans of J.R.R. Tolkien's 'The Lord of the Rings,' which has influenced their business ventures. Thiel's companies, including Palantir Technologies Inc (NYSE: PLTR) and Anduril Industries, are named after Tolkien's creations. Warner Bros Discovery Inc (NASDAQ: WBD) also has a connection through the film adaptations of Tolkien's works.
July 19, 2024 | 8:11 pm
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POSITIVE IMPACT
Palantir Technologies Inc (NYSE: PLTR), named after a Tolkien artifact, is closely associated with Peter Thiel, who has strong ties to J.D. Vance, Trump's VP nominee.
The association of Palantir Technologies with Peter Thiel and J.D. Vance's nomination as Trump's VP could lead to increased investor interest in PLTR, potentially driving its stock price up in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Warner Bros Discovery Inc (NASDAQ: WBD) produced the film adaptations of 'The Lord of the Rings,' which has influenced both J.D. Vance and Peter Thiel.
The renewed focus on 'The Lord of the Rings' due to J.D. Vance's and Peter Thiel's interest may lead to increased attention for Warner Bros Discovery, potentially benefiting its stock price.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 60