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While billionaire Peter Thiel stands with Donald Trump, a long list of the tech elite are waving "I'm with Her" signs.
Prominent Hillblazers, the Clinton campaign's moniker for those who have donated or raised $100,000 for the Democratic nominee, include Apple (AAPL) boss Tim Cook, Salesforce.com (CRM) founder Marc Benioff and Hewlett Packard Enterprise (HPE) CEO Meg Whitman, who has called Donald Trump "a dishonest demagogue." The group also includes prominent current and former Facebook (FB) staff, such as co-founder Dustin Moskovitz, COO Sheryl Sandberg and ex-PR chief Brandee Barker, as well as Instagram cofounder Kevin Systrom and Alphabet (GOOGL) CFO Ruth Porat.
On one of the big financial policy issues for many of the Silicon Valley Hillblazers, however -- how and when to repatriate the industry's offshore cash -- Clinton is less generous than Trump, and her election could hurt sector stock prices.
The tech sector has more offshore cash than any others. Apple, Microsoft (MSFT) , Alphabet, Cisco (CSCO) and Oracle (ORCL) collectively have more than half a trillion dollars overseas, representing 86% of their total cash, according to Moody's. The overseas stash for all of corporate America is about $1.3 trillion, the ratings agency estimates.
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