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.
Direct hit usa election | Trump officially announced to win the USA election.
The 2024 US presidential election will officially vote on November 5, kicking off a critical battle that will determine the future direction of the United States.
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.
US stocks post best performance after election! How did Wall Street 'crazily respond' to Trump's victory last night?
The market is currently more focused on the positive aspects of the Trump agenda, rather than paying too much attention to potential tariffs and broader policy outcomes. The 'animal spirits' are thoroughly ignited.
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.
Election dust settles! Wall Street reduces bets on rate cuts by the Federal Reserve next year, increasing bets on rate cuts by the european Central Bank.
After the results of the USA presidential election were announced, jpmorgan, Nomura, and other Wall Street giants lowered their bets on the Fed cutting interest rates next year. Meanwhile, based on the negative impact on the economy, Goldman Sachs raised expectations for future interest rate cuts by the European Central Bank. The market also shares a similar view.
U.S. stocks closed | The three major indexes surged violently, hitting record highs together! The 'Trump trade' swept the market, with Tesla soaring nearly 15%.
Dow Jones posted its best two-year gain, small cap index rose nearly 6%, banks index surged over 10%, oil, steel, and crypto stocks soared, while European and American solar stocks all plunged, Trump's media technology surged nearly 35% before closing up by about 6%.
With Trump in office, what will Powell do? Rate cut or slowdown, the next Fed chairman candidate calls for neutrality in leadership.
The most direct way Trump affects the Federal Reserve is by nominating Fed governors. Over the next four years, he can nominate successors to Powell and Vice Chair Quarles. The media reports that Trump may nominate Hassett, his former chief economic advisor during his presidency, as the next Fed chair. If the Fed's vice chair for financial supervision, Randal Quarles, resigns soon, he may directly influence the Fed's financial supervision, even if he cannot directly affect monetary policy.
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%.
"America First" sweeps Wall Street, the market sees the reemergence of the 2016 strategy.
Trump's return to the White House has given strong impetus to the "America First" trade on Wednesday, as the market bets that the next president will roll out policies to stimulate domestic growth and protect the world's largest economy from overseas competition.
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.'
Costco's October Net Sales Climb 7.2%
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.
Express News | The probability of the Fed cutting interest rates by 25 basis points in November is 99.4%.
QQQ ETF Rises 2.7%
Deplay Cash And Reduce Hedges, Short Term Opportunities At Hand, Prepare For Long Term Opportunties
Invesco QQQ Trust Options Spot-On: On November 6th, 4.87 Million Contracts Were Traded, With 9.4 Million Open Interest
On November 6th ET, $Invesco QQQ Trust(QQQ.US)$ had active options trading, with a total trading volume of 4.87 million options for the day, of which put options accounted for 57.63% of the total
Qualcomm Just Reported Q4 Results. Here's Why the Stock Is Soaring.