Investing

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.

Trump praised Elon Musk as a “super genius” for his support throughout his campaign.

Donald Trump swept battleground states in the 2024 election. Ballot counting in Maricopa County – the epicentre of election denialism in 2020 – is still underway, though Trump has already claimed victory. Forbes Australia is on the ground in Scottsdale talking to voters about what matters to them.

Nvidia’s induction into the blue chip Dow Jones Industrial Average index is the latest tailwind for the red-hot stock.

A billionaire and a multimillionaire face off in a polarising election that is pitting the richest people in America against one another.

The company is currently valued at $24 billion following a $6 billion funding round this spring.

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.

Artificial intelligence is still hot on the agenda for 2025, as are new frontiers for computing and neurological enhancements, according to research firm Gartner.

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.