Coinbase (COIN)

Crypto exchange Coinbase's stock jumped more than 31% in value on Wednesday, buoyed by optimism that the incoming presidency of Donald Trump would mean friendlier regulation for the digital asset industry.

Among measures that could support the sector would be instating a crypto-friendly SEC commissioner. Current chair Gary Gensler has a reputation in the industry for being a strict regulator of crypto businesses, having slapped multi-million dollar fines on multiple businesses for violations of securities law.

Trump has been a vocal advocate of crypto on the campaign trail, having spoken at a bitcoin conference in the run-up to the election.

Read more: Bank of England cuts interest rates to 4.75%

Meanwhile, crypto money has been pouring into politics from the likes of Coinbase and Silicon Valley venture fund Andreessen Horowitz via PACs. Earlier this week it was revealed the pro-crypto super PAC Fairshake has already raised $78m (￡60.5m) for the 2026 midterms.

Coinbase's share price is up 185% from the same point a year ago.

Bitcoin (BTC-USD) also jumped against the dollar, heading to all-time highs of almost $76,600.

JPMorgan (JPM)

JPMorgan was among US banks that rallied on Wednesday following the decisive victory of Republican presidential candidate Trump, closing out the session more than 11.5% higher. Bank of America (BAC), Wells Fargo (WFC), and Goldman Sachs (GS) also gained steam. The S&P 500 (^GSPC) index of bank stocks rose around 10%.

The rally relates to policies laid out by the incoming president to deregulate the industry in a number of areas, including less antitrust regulation leading to more mergers, lower capital constraints, and less pressure from the Consumer Financial Protection Bureau (CFPB) on consumer fees.

Read more:Stocks to watch as Donald Trump wins the US election

Rumours that the bank's longtime CEO Jamie Dimon may join Trump's administration were also quashed on Wednesday, according to a Reuters report. There has been speculation that he would become Treasury secretary

Auto Trader (AUTO.L)

Auto Trader stock fell around 4.5% in early trade in London on Thursday, making it one of the top fallers in the FTSE 100 (^FTSE) following an earnings report which presented a mixed picture.

Despite reporting growing revenues and profits, the outlook for used car sales put investors on edge.

Group revenues increased by 8% year-on-year to ￡302.5m in the six months to 30 September.

Revenue growth in the core Auto Trader business rose by 9% to ￡283.5m, which the listed business said was underpinned by continued retailer revenue growth, including better-than-expected growth in retailer forecourts.