From Goldman to Nvidia: All the stock market records set after Trump
Wednesday is on track to be the blue chip Dow’s best day since 2020 as bank and energy stocks surged following the Trump victory.
Wednesday is on track to be the blue chip Dow’s best day since 2020 as bank and energy stocks surged following the Trump victory.
Former President Donald Trump has been surging on betting sites as more states close their polls, turning around a shrinking lead over Vice President Kamala Harris in betting odds after the first major polls closed, while survey-based prediction models indicated the candidates were locked in a dead heat heading into Election Day.
Bitcoin prices and Trump’s election betting market odds have been tightly correlated in recent months.
Nvidia’s induction into the blue chip Dow Jones Industrial Average index is the latest tailwind for the red-hot stock.
Shares of the social media company are up 200% over the last month.
Tesla shares shot up more than 5% as the said it expects “slight” year-over-year vehicle delivery growth, going against Wall Street’s expectation of a decline.
A Denny’s busboy turned centibillionaire, Jensen Huang is Nvidia’s largest individual shareholder with a 3.5% stake in the AI dominator.
Nvidia stock is already up 180% this year and more than 31,000% over the last decade as the company became the face of the artificial intelligence revolution.
Nvidia shares’ outlook still looks “pretty darn good” after its valuation increased tenfold over the last two years, remarked one analyst.
Though the judge said he’d “never seen” a cooperator as strong as Ellison, she was “not inviolable” and Bankman-Fried had her “Kryptonite,”