Nvidia Gains, Hospitals Hurt: Congress Winners and Losers [Yahoo! Finance Canada]
NVIDIA Corporation (NVDA)
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Source: Yahoo! Finance Canada
Foremost among the boons is a $4 trillion tax cut package that extended and added generous breaks for businesses large and small. But it hasn't been all good news for US companies and some industries have benefited more than others. The legislative branch's acquiescence to Donald Trump's sharp tariff increases raised input costs across the economy and provoked retaliatory moves against US farm exports. Most Read from Bloomberg The health-care sector, renewable energy companies and Las Vegas's casinos have taken legislative hits while chipmakers, drug companies and private equity fended off potentially costly congressional interventions. Here are this year's winners and losers: Winners Nvidia America's most valuable company beat back influential Republican China hawks' efforts to insert provisions in legislation aimed at ensuring US companies get first dibs on Nvidia's products. Chief Executive Officer Jensen Huang's visits to Congress and the White House also helped pave
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