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Market Chatter: Microsoft, McKinsey Paying Up to $1 Million to Sponsor Trump's Davos Base During World Economic Forum

BY MT Newswires | ECONOMIC | 01/06/26 07:32 AM EST

07:32 AM EST, 01/06/2026 (MT Newswires) -- Microsoft (MSFT) , McKinsey, and other US companies are each putting up as much as $1 million to sponsor a venue to host government officials in Davos, Switzerland, during President Donald Trump's visit to the World Economic Forum, The Financial Times reported Monday.

Cryptocurrency firm Ripple has agreed to be a sponsor, while JPMorgan Chase (JPM) has also been approached for the same, the report noted, citing people familiar with the matter.

JP Morgan declined to comment, while Microsoft (MSFT), McKinsey and Ripple did not immediately respond to requests for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

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In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

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