One of today's big winners: Musk?
Under Musk's ownership, tesla, X platform, and SpaceX will all benefit from Trump's victory, analyst Dan Ives believes tesla's stock price still has a 20% upside. As the 'number one hero' of Trump's victory, Musk's own political resources will also rise rapidly.
Trump secures the victory in the election, will Musk's business empire usher in a policy honeymoon?
①Trump secured victory in the 2024 presidential election, leading to pre-market trading gains in the US stocks, with Tesla rising over 13%; ② Musk provided over $0.13 billion in funding support for Trump and actively promoted him on social media; ③ Trump's victory will be bullish for Tesla, reducing policy incentives will put Tesla in a competitive advantage position.
Hong Kong stocks morning report: The three major indices opened lower, with declines in technology and golden industrial concept stocks, while tesla concept stocks were strong.
November 7th, Gelunhui: Trump wins the 2024 US presidential election, overnight the three major US stock indexes all hit record highs, with most China concept stocks falling. The three major Hong Kong stock indexes opened lower, with Hang Seng and state-owned enterprises indexes both falling by 0.74%, and the Hang Seng Tech Index dropping by 0.92%. On the market, large technology stocks continued their weak performance from yesterday, with Xiaomi falling by nearly 2%, JD.com, Kuaishou, Netease falling by over 1%, Meituan, Baidu, Tencent, Alibaba all experiencing declines; Gold prices fell, Trump's clear victory in the election boosted the US dollar, leading to a decline in golden industrial concept stocks across the board, including Zhaojin Mining, Zijin Mining Group, and SD Gold dropping by over 2%; Biomedical stocks, dining stocks, auto stocks
With the arrival of the Trump 2.0 era, what big changes will the technology industry in the USA face?
①Without a doubt, Musk will be the biggest beneficiary; ②With the heads of the SEC and FTC being 'fired', the cryptos industry, technology giants such as Apple, are expected to see a bullish trend; ③Google will be an exception.
Musk, praised by Trump, welcomes the policy "protection", and Tesla (TSLA.US) may experience an acceleration in the approval of autonomous driving.
After praising Elon Musk as a "super genius" in his election speech, Trump, investors have increased confidence in Tesla's autopilot technology.
Express News | Elon Musk endorsed Trump in July, Trump never tires of talking about Musk.
Trump's Victory Boosts Billionaires' Wealth. Musk and Bezos Are Winners, Too. -- Barrons.com
Trump's election drives up Tesla's stock price, Musk's net worth soared by $20.9 billion overnight.
①On Wednesday, Trump defeated Harris to win the USA presidential election, prompting Tesla's stock price to soar; ②Tesla's stock price closed up 14.75% on Wednesday, reaching $288.53, hitting a new high since July 2023; ③This has led to Tesla CEO Musk's wealth surging by about $20.9 billion, with a total wealth of nearly $286 billion.
Futu Morning Post | Trump's trades sweep the market! Three major indices hit historical highs together; with the election settled, Wall Street adjusts down the expectations for Fed rate cuts.
First European Central Bank official to speak out after Trump's victory: closely watching, inflation may face huge impact; mortgage rates soaring along with US bonds, reaching the highest level since early July this year; jefferies financial: the pace of implementation of Trump's policies will dominate the future trend of the US dollar.
CEOs of major technology companies have congratulated Trump on his election victory. What else did they say?
After the results of the usa presidential election were announced, leaders of many large technology companies have sent congratulations to the elected president Trump, expressing hopes for his success upon returning to the White House and looking forward to cooperating with his administration.
Tesla's domestic sales in October increased by over 40% year-on-year. Domestic suppliers are expected to continue benefiting.
①Overnight, Tesla's stock surged by over 14%, reaching a new high since July 2023. According to media statistics, Tesla's domestic sales in October exceeded 0.04 million vehicles, a 41% year-on-year increase. ②Huaxi pointed out in the research reports that in the medium term, Tesla's layout of new models + new factories + new technologies, rapid response from domestic suppliers, strong cost optimization capabilities, and industry chain related symbols are expected to continue to benefit.
Guangda Futures: Trump triggers the US dollar, gold price sharply retreats.
On October 6, COMEX gold plummeted during the session, closing at $2668.0 per ounce, a 2.97% decrease. Domestic SHFE gold night trading opened low and closed lower at 614.70 yuan/gram, down 1.96%. In this week's USA presidential election, Trump swept the swing states and secured victory. After Trump's victory, the 'Trump Trade' explosively boosted the three major stock indices to record highs, with Tesla, Trump media technology (DJT), prison stocks, energy stocks, cryptos, banks collectively surging, while photovoltaic stocks suffered losses across the board. Chinese concept stocks generally fell but narrowed the decline at the close. The market is concerned about Trump.
Trump sparks a rally in the US dollar! US stocks and bitcoin hit new highs, with the Dow rising 1500 points, small cap stocks surging, while US bonds and metals plummet.
Dow rises to the best level in two years, small cap index rises nearly 6%, banking stocks rise over 10%, oil, steel, and crypto stocks surge, European and American solar stocks all collapse, Trump media technology rises by almost 35% before closing up by about 6%, Tesla rises by nearly 15% to a two-year high, Qualcomm rises by 10% after the bell. Chinese concept stocks narrow their declines, NIO Inc and Zeekr drop over 5%. 10-year US Treasury yield rises the most by 20 basis points nearing 4.48%, reaching a four-month high along with a 1.7% rise breaking 105 in the USD index, Bitcoin rises by 9% nearing $0.076 million, offshore RMB drops by a thousand points to below 7.20, a three-month low, Euro and Yen once fell by 2%. Gold drops over 3%, London copper drops over 4%.
Trump's victory sparked a frenzy of rotation in US stocks: bank stocks soared, stock indices rose by more than 10%, energy stocks surged, and photovoltaic stocks collapsed.
Benefiting from expectations of relaxed financial regulation, major US banks such as Goldman Sachs, JPMorgan, and Morgan Stanley all rose by more than 10%; renewable energy stocks plummeted, with solar energy stocks like Sunrun falling by at least 10%; Bitcoin hitting a record high drove up the overall crypto concept stocks, with the largest US crypto exchange Coinbase closing up by 31%.
USA Election: The overall situation is settled, what lies ahead?
Trump leads in all 7 swing states. The Republican Party controls the Senate and is highly likely to control the House of Representatives. Such a significant lead indicates a rightward shift in the American political spectrum, with Republican political influence rising. American society may once again shift from 'pursuing fairness' to 'pursuing efficiency.'
Elon Musk's wealth increased by $20.9 billion, firmly securing his position as the world's richest person.
On November 7th, after Elon Musk-backed Donald Trump won the USA presidential election, Tesla (TSLA.US) rose by 14.75% on Wednesday in USA time. According to Forbes' billionaire list, Tesla's sharp increase has led to a $20.9 billion increase in the net worth of the company's founder and CEO Musk in a single day, with a total assets of $285.6 billion, far surpassing Jeff Bezos, who ranks second on the global billionaire list.
U.S. stock market close: Trump's trade sweeping the market, three major indexes hit historic highs together.
①Trump's election results exceeding expectations have boosted market sentiment, with all three major US stock indices hitting historic highs. Tesla surged by 14.75%, the six major US banks collectively hit new highs, most technology giants strengthened, and Bitcoin hit a record high. ②The photovoltaic and new energy sectors closely related to the concept of Harris' victory plummeted.
Why Tesla Stock Just Skyrocketed
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Tesla Options Spot-On: On November 6th, 3.42 Million Contracts Were Traded, With 7.21 Million Open Interest
On November 6th ET, $Tesla(TSLA.US)$ had active options trading, with a total trading volume of 3.42 million options for the day, of which put options accounted for 33.75% of the total transactions,