Shares of Home Depot (NYSE: HD) were pulling back today even though there was no company-specific news out on the stock. Instead, investors in the home improvement retailer were reacting to Donald Trump’s victory. While stocks were up broadly, the real estate sector was down as Treasury yields jumped, a …
Read More »Rivian Stock Plunged After the Election. Is It a Buying Opportunity?
It’s turning out to be a busy day in the stock market after election results have rolled in. Donald Trump’s reelection has stocks in some sectors soaring and others dropping. But the electric vehicle (EV) sector is looking a bit more nuanced. While EV start-up Rivian Automotive (NASDAQ: RIVN) shares …
Read More »DJT stock jumps after Trump clinches election win
Trump Media & Technology Group stock (DJT) surged as much as 25% in early trading on Wednesday as Donald Trump clinched victory over Kamala Harris in the presidential election. Shares pared gains to just under 10% by mid-afternoon. With a win in Wisconsin, Trump secured the 270 electoral college votes …
Read More »Why First Solar, Sunnova Energy, and Plug Power Stocks All Crashed Today
The U.S. voted to return Donald Trump to the White House Tuesday night, and the effects are making themselves felt across the stock market Wednesday morning. While not all votes have yet been tabulated, early Wednesday morning it’s looking entirely likely that not only did Republicans win the popular vote …
Read More »Bonds Fall Most Since 2020 as Trump Win Revives Inflation Risk
(Bloomberg) — US Treasury yields surged — with the 30-year rising the most since the global flight to cash in March 2020 — as investors piled back into bets that Donald Trump’s return to the White House will boost inflation. Most Read from Bloomberg The longest-maturity US government bond yield …
Read More »Analysis-US fiscal strain looms as key challenge for newly elected Trump
By Davide Barbuscia NEW YORK (Reuters) – Newly elected U.S. President Donald Trump will face fiscal challenges that could threaten the country’s standing in the global debt markets, hurting investor appetite for the nation’s debt securities, and pushing government borrowing costs higher. U.S. budget deficits and government debt levels were …
Read More »Do These 3 Stocks Signal Cathie Wood’s Boldest Move Yet in Artificial Intelligence (AI)?
Cathie Wood mastered an ability to make headline news. Perhaps the biggest reason for this is due to her high-conviction stances in otherwise risky and speculative opportunities. Wood is the CEO of Ark Invest, an investment management firm offering a series of exchange-traded funds (ETFs) that are mostly comprised of …
Read More »Yields soar as likely Trump win stirs ‘bond vigilantes’
By Rae Wee and Harry Robertson SINGAPORE/LONDON (Reuters) – US Treasuries dropped on Wednesday, sending yields surging, as Donald Trump stood on the cusp of a second presidency that could usher in tax cuts and tariff hikes that boost the deficit and inflation. Republican former president Trump claimed victory in …
Read More »Novo Nordisk Stock Rises After Earnings. Weight-Loss Drug Wegovy Sales Beat Estimates.
Novo Nordisk Stock Rises After Earnings. Weight-Loss Drug Wegovy Sales Beat Estimates. Source link
Read More »Could This Move by Nvidia Protect It From Super Micro Computer’s Woes?
Super Micro Computer (NASDAQ: SMCI) and Nvidia (NASDAQ: NVDA) have both been winners during this artificial intelligence (AI) boom. Nvidia makes graphics processing units (GPUs) and other related products and services, while Super Micro Computer, also known as Supermicro, incorporates GPUs — those of Nvidia and other chip designers — …
Read More »