Latest in 'Trump trade' takes off: Tesla, Bitcoin and Truth Social boom in election aftermath
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'Trump trade' takes off: Tesla, Bitcoin and Truth Social boom in election aftermath
The value of assets tied to Donald Trump — and those likely to benefit under his administration — are soaring in the wake of his decisive electoral victory on Tuesday.Top stories - NBC News - November 6 -
Bitcoin, dollar and Tesla jump as investors pile into ‘Trump trades’
Markets expect US president-elect to take light-touch approach to regulationBusiness - Financial Times - November 11 -
'Trump trade' returns for second week as bitcoin, Tesla, stocks surge
Cryptocurrencies and stocks, including Tesla, rallied Monday, picking up where they left off last week in the wake of the President-elect Donald Trump's victory.Top stories - NBC News - November 11 -
Trump Media closes in the red on Election Day, giving up earlier rally
Shares of retail trader favorite Trump Media & Technology Group (DJT) were active as Election Day is finally here.Business - CNBC - November 5 -
Trump Media gains post-election, even as Truth Social parent reports $19 million quarterly loss
The parent company of Donald Trump’s social networking site Truth Social lost $19.2 million in the last quarter, according to an earnings report released on the same day he won back the presidencyTech - ABC News - November 6 -
Trump trades take off as voting results tilt in former president’s favor
Traders across an array of asset classes in financial markets were positioning in a way that made it clear they had come to the same assumption long before Tuesday evening’s election results are ...Business - MarketWatch - November 6 -
Trump takes a rare break from social media after election win
President-elect Donald Trump posted heavily on Truth Social and Elon Musk's X prior to beating Vice President Kamala Harris in the 2024 election.Business - CNBC - November 8 -
Doubts Grow Over the Booming Trump Trade
The stunning post-election stock market rally could be in jeopardy if the president-elect’s agenda spurs inflation, and adds to the deficit, analysts warn.Business - The New York Times - November 12 -
Roaring Donald: Trump’s Truth Social emerges as a meme stock darling
Share price in US president-elect’s media group has been slipping despite high turnover among retail investorsBusiness - Financial Times - 5 days ago -
Wall Street hits record high after Trump election win, as US dollar, bitcoin and Tesla shares surge – business live
Rolling coverage of the latest economic and financial news, as investors pile into Trump trades after US election result. Donald Trump elected US president in stunning political ...World - The Guardian - November 6 -
Why Tesla, crypto and prisons are Trump trade winners
As the dust settles on a post-election stock market rally, some firms have already gained.Top stories - BBC News - November 12 -
Tesla jumps nearly 15% as Trump-backer Musk seen benefiting from White House win
Shares of Tesla surged on Wednesday after NBC News projected Donald Trump to win the election and investors bet a victory would benefit CEO Elon Musk.Business - CNBC - November 6 -
Tesla and US bank stocks jump in post-election trades as renewables slump
Companies whose fortunes are closely tied to US economy should benefit, say analystsWorld - Financial Times - November 6 -
Trump calls for probe into those who started ‘untrue’ rumors about selling Truth Social shares
President-elect Trump on Friday said talk that he would sell his shares in Truth Social was "untrue" and called for anyone who spread such rumors to be "immediately investigated." "There are fake, ...Politics - The Hill - November 8 -
Bitcoin and Crypto, Promoted by Trump, Brace for Election Volatility
Many crypto investors hope that a victory for Donald Trump could propel the price of Bitcoin to new heights, though a loss could cause a fall.Business - The New York Times - November 5 -
Bitcoin surges 10% to a record above $76,000 as Trump victory heralds wider crypto adoption and weaker regulation
Crypto assets rose as investors bet that a second Trump administration will widen fiscal deficits and boost bitcoin as a hedge against higher inflation.Business - CNBC - November 6 -
FirstFT: Meet Trump’s hawkish foreign policy team
Also in today’s newsletter, Wall Street bonuses set to jump after two fallow years and China unveils new stealth jetWorld - Financial Times - November 12 -
Military officials reportedly discuss how to handle illegal orders from Trump – live
Pentagon officials discuss what to do if Trump were to attempt to deploy the military domestically, CNN reports. Nancy Pelosi says Biden’s delay in exiting race blew Democrats’ chances ...World - The Guardian - November 9 -
Watch Live: President Biden to make first remarks since Harris' loss to Trump
President Biden will address the nation on the election results and the transition of power, with his predecessor set to return to the White House.Top stories - CBS News - November 7 -
Trump’s social media group in talks to buy crypto trading venue
Truth Social owner is close to an all-share takeover of Intercontinental Exchange’s BakktBusiness - Financial Times - 3 days ago -
Will Social Platforms Take Down a Premature Donald Trump Victory Post?
In the 2020 presidential race, Donald Trump proclaimed himself the winner long before enough votes were counted. We asked the major platforms if they’d let him do it again.Tech - Wired - November 5 -
Bitcoin trades near $73,000, closes in on record high as bulls tout election hopes
Bitcoin was knocking on the door of its all-time from March on Tuesday afternoon, with traders tying the rally in part to growing expectations for a victory by Donald Trump in next week’s ...Business - MarketWatch - October 29 -
Wall Street and bitcoin soar to record highs as Trump wins US election
Dollar up and renewable energy stocks down, while shares in president-elect’s media business rise by more than a third. Analysis: Trump policies mean higher prices Business live – latest ...World - The Guardian - November 6 -
How high could Bitcoin go after Trump’s post-election surge?
Bitcoin surged to past its all-time high price following the election of President-elect Donald Trump, opening the potential to policy concerning deregulation and Wall Street investment. CNBC’s ...Top stories - NBC News - November 12 -
Why Bitcoin stock surged after Trump's 2024 election win
Following former President Donald Trump's 2024 election victory, Bitcoin stock has been surging in the U.S. Axios crypto reporter Brady Dale explains why, and what Trump plans to do.Top stories - CBS News - November 12 -
Truth Social Owner May Develop Crypto Platform Called TruthFi
The parent company of Truth Social filed a trademark application for a crypto payment service it called TruthFi.Business - The New York Times - 1 hour ago -
Elite School Will Offer a Day Off for Students Distressed by Election
Attendance on Wednesday, or whatever day the results are announced, is optional for high school students at the Ethical Culture Fieldston School in New York City, families were told.Top stories - The New York Times - November 1 -
Election Falsehoods Take Off on YouTube as It Looks the Other Way
The video site removed 2020 misinformation, fearing real-world harm. Now it’s amplifying and profiting from 2024 falsehoods, researchers said.Tech - The New York Times - November 1 -
Taking the day after the election off from school? Not in my classroom.
This entire week, students, you need to come to school. I care about how you feel, but I’m more concerned about what you know.Politics - The Hill - November 8