π Stocks Soar Following Election Results
Stocks skyrocketed as election results emerged, boosting major indexes significantly.
π° Bitcoin Surges to Record High
Bitcoin reached a new all-time high, briefly topping $75,000 as Trump aims to position the U.S. as a crypto leader.
π S&P and Nasdaq Gain Post-Election
The S&P 500 and Nasdaq posted gains of 1.4% and 1.2%, respectively, following election day market activity.
πΆοΈ Apple Developing Smart Glasses
Apple is exploring smart glasses to rival Meta, focusing on a lightweight, affordable design.
π Palantir Stock Rises on Defense Contracts
Palantir's stock rose significantly due to strong Department of Defense spending boosting earnings.
π Tesla Shares Surge on Trump Support
Tesla shares surged 13% with Elon Muskβs support for Trump contributing to the premarket rally.
π¦ Major U.S. Banks Anticipate Deregulation
Shares of major U.S. banks like JPMorgan and Goldman Sachs rose, anticipating deregulation and increased interest income.
πΉ Coinbase Stock Rallies with Bitcoin
Coinbase stock increased by 12%, fueled by rising Bitcoin prices and Trump's supportive stance on cryptocurrency.
π± Clean-Energy Stocks Drop on Trump News
Clean-energy company stocks like Plug Power and First Solar dropped amidst concerns that Trump would limit funding under the Inflation Reduction Act.
π Federal Reserve Expected to Cut Rates
Investors expect the Federal Reserve to cut interest rates this week, shifting focus to future economic conditions.
π Trump Media Shares Rise Dramatically
Trump's media company, Trump Media & Technology, saw its shares soar over 30% amid market volatility.
π€ AI Startup Perplexity Valuation Triples
AI startup Perplexity is predicted to triple its valuation to $9 billion with a new funding round.