BREAKING Donald Trump wins the 2024 presidential election Kuala Lumpur - Delayed Quote ? MYR DPI Holdings Berhad (0205.KL) Follow Compare 0.1650 +0.0050 (+3.13%) At close: 4:13 PM GMT+8 Related News What Trump's victory means for crypto, Tesla, and the markets As Donald Trump prepares for his second term in the White House, his impact is making its way through the stock market. U.S. stock futures are surging, bitcoin (BTC-USD) hit an all-time high this morning and continues to trade near record highs, and Tesla (TSLA) is surging in pre-market trading. Trump won the key battleground state of North Carolina and flipped other swing states including Pennsylvania, Georgia, and Wisconsin on his way to become the 47th President of the United States. Republicans also look poised to flip the Senate as Democrats fight to hold control of the House. The 10-year Treasury yield is moving higher. Potential Trump tariffs triggering investors to bet on a faster pace of inflation and a slower pace of interest rate cuts from the Fed. For the latest election news, check out Yahoo Finance's live election blog. This post was written by Daniel A. Nelson Yahoo Finance Video ? 53 minutes ago BTC-USD ^GSPC TSLA DJT stock surges in premarket trading as Trump clinches election win It's set to be another volatile trading session for Trump Media & Technology Group (DJT), the home of Republican nominee Donald Trump's social media platform Truth Social. Yahoo Finance ? 5 hours ago DJT DJTWW Amazon-Talen deal rejection is 'short-term setback' for Big Tech US regulators rejected a deal that would have allowed Amazon's (AMZN) cloud business, Amazon Web Services (AWS), to buy power from Talen Energy (TLN) for its data centers. The decision comes as Big Tech companies have turned to nuclear energy to power their artificial intelligence (AI) data centers, stoking some worries about the recent rally in nuclear energy stocks. ClearView Energy Partners managing director Timothy Fox joins Asking for a Trend Host Josh Lipton to discuss what the news means for Big Tech's nuclear push. "Ultimately, we think the Federal Energy Regulatory [Commission] decision is a short-term setback for generators that wish to co-locate their load or co-locate their power with a data center and also a setback for the data center developers. But the order may not represent a long-term risk. It's more that FERC may have punted or didn't want to set a precedent about co-location." Fox outlines, "Regulators are concerned about three things. They're concerned about reliability, taking in existing large nuclear power plants offline. Does that create reliability risks? They're also concerned about ratepayers. Do existing ratepayers have to pay some unfair portion of the cost of upgrading the grid to accommodate a new data center? And then also the third concern is policy. Does the influx of new data centers create a concern about being able to meet state or local decarbonization policies?" To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here. This post was written by Naomi Buchanan. Yahoo Finance Video ? 13 hours ago TLN AMZN MSFT Super Micro stock slides over 10% on weaker-than-expected outlook, uncertainty over annual filing Super Micro stock slid 10% as the company's latest outlook fell short of Wall Street's expectations. The company also said it couldn't predict a timeline for filing its 10-K. Yahoo Finance ? 14 hours ago SMCI Google is opening an AI hub in oil-rich Saudi Arabia Google might be lagging in its climate goals, but that isn’t stopping the tech giant from building a new AI-focused data center in fossil fuel-dependent Saudi Arabia. The new AI hub will support research into Arab language AI models and “Saudi-specific AI applications," according to an announcement from the Saudi Public Investment fund and Google. Aramco, the state-owned petroleum company, says it currently uses AI throughout its operations. At one oil field, the technology has helped boost prod TechCrunch ? 16 hours ago GOOG 'Make volatility your friend, not foe' during election choppiness As investors brace for market (^DJI,^GSPC, ^IXIC) volatility caused by the US presidential election, especially in the case that the final outcome is delayed, Mahoney Asset Management CEO Ken Mahoney joins Catalysts Hosts Seana Smith and Madison Mills to discuss how retail investors should be thinking about playing election volatility. Mahoney tells retail investors, "Don't get involved in this. You know there's a lot of emotion, and I know it's easy for me to say that, but the last thing you want to do is get whipsawed out of your position ... Our Founding Fathers kind of figured this out, that we have a balance of power and after this election, we're still going to have a balance of power." He adds there are "so many tailwinds," including the Federal Reserve meeting on Thursday, Big Tech companies' artificial intelligence (AI) spending, and strong earnings. "You have a lot of bears [that have] been on the sidelines. They're going to have to commit capital toward the end of the year. Otherwise, the index is going to be way ahead of them. So again, I just say that sometimes we lose sight. We have to come back [and] see where we are, and there's a really strong tailwind despite who wins." He highlights, "Our favorites are still the market leaders" like Nvidia (NVDA), Apple (AAPL), Microsoft (MSFT), and Amazon (AMZN). "That's the way we've been playing this right now is some of your best stocks you like with the added volatility. Make volatility your friend, not your foe. And by doing that is actually try to buy some stock. Your favorite stocks below the market which is trading right now." To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Naomi Buchanan. Yahoo Finance Video ? 19 hours ago ^DJI MSFT ^GSPC 2024 election: Top portfolio plays for a Trump or Harris victory Top strategists weigh in on what a Trump versus Harris presidency means for investment portfolios. Yahoo Finance ? 21 hours ago BURL GM MA Here Are My Top Artificial Intelligence (AI) Stocks to Buy Right Now (Hint: Nvidia's Not on the List) There's one familiar name, but the other one may surprise you. Motley Fool ? 10 minutes ago DELL NVDA AMZN Super Micro slumps as weak forecast, annual report uncertainty fuel investor worries The company's auditor Ernst & Young unexpectedly stepped down last week after earlier highlighting some concerns over its financial reporting. Super Micro said on Tuesday an investigation by a special committee of its board did not find any evidence of fraud or misconduct. "The actions of the prior auditor and the Special Committee are at odds to each other further increasing confusion around the current developments rather helping in regards to more transparency," J.P.Morgan analysts said in a note. Reuters ? 12 minutes ago SMCI 1 Warning Sign That Could Send Microsoft Stock Down Further Microsoft stock has a premium valuation but without the performance. Motley Fool ? 16 minutes ago MSFT NVDA AMZN Prime Shrimp expands retail presence to Whole Foods Market?in US Prime Shrimp, recognised for its innovative approach to increasing shrimp consumption, has announced its expansion into select Whole Foods Market locations throughout the US. The expansion places four of Prime Shrimp’s most sought-after flavours – Signature, Lemon & Cracked Pepper, Garlic Herb Butter and New Orleans-Style BBQ – in more than 200 stores across the… Verdict Food Service ? 24 minutes ago AMZN Social Buzz: Wallstreetbets Stocks Mostly Higher Pre-Bell Wednesday; Trump Media & Technology Group, Tesla to Advance Social Buzz: Wallstreetbets Stocks Mostly Higher Pre-Bell Wednesday; Trump Media & Technology Group, Tesla to Advance PREMIUM MT Newswires ? 34 minutes ago TSLA AMD UnitedHealth Group Board Authorizes Payment of Quarterly Dividend November 06, 2024--UnitedHealth Group Quarterly Dividend Business Wire ? 35 minutes ago UNH Is Apple Stock a Buy After Record Revenue? The company faces a number of unanswered questions heading into its new fiscal year. Motley Fool ? 40 minutes ago AAPL GOOG CVS taps former UnitedHealth executive to run insurance unit Aetna (Reuters) -CVS Health on Wednesday named Steve Nelson, a former UnitedHealth insurance head, to run its Aetna business, where rising medical costs in the third quarter caused the company to preannounce an earnings miss last month. The company last month also replaced CEO Karen Lynch with David Joyner due to troubles managing costs in that business. It has come under investor pressure, including from activist hedge fund Glenview Capital Management, to improve its cost management. Reuters ? 47 minutes ago CVS UNH Tesla CEO Musk’s right-hand man steps into prominent role, WSJ says When Tesla’s (TSLA) manufacturing executives gathered in Shanghai back in January, many were surprised to see Omead Afshar, Elon Musk’s longtime aide, in attendance since he was not a manufacturing executive at the time, Becky Peterson of The Wall Street Journal reports. Afshar’s attendance was a sign of things to come, as he would soon ascend the ranks to become one of the most powerful executives at the electric-car maker. Recently, Afshar was officially promoted to vice president, overseeing TipRanks ? 49 minutes ago TSLA How Trump's second administration affects business: Musk, tariffs and more Much depends on whom he appoints?as deputies and cabinet members, including the role of Tesla CEO Elon Musk, and what tariffs he enacts. After some nudging from the world's wealthiest person, Trump has said he would tap Tesla CEO Elon Musk to lead a new government efficiency commission. Musk has said at least $2 trillion could be cut from the $6.75 trillion federal budget. Reuters ? 49 minutes ago TSLA Nvidia Is Joining the Dow Jones Industrial Average. Will This "Magnificent Seven" Stock Be Next? The exclusive blue chip index is making some big changes. Motley Fool ? 1 hour ago ^DJI NVDA INTC US Supreme Court to hear Facebook bid to escape securities fraud suit The U.S. Supreme Court is set on Wednesday to consider a bid by Meta's Facebook to scuttle a federal securities fraud lawsuit brought by shareholders who accused the social media platform of misleading them about the misuse of its user data. The justices will hear arguments in Facebook's appeal of a lower court's decision allowing the 2018 class action led by Amalgamated Bank to proceed. It is one of two cases coming before them this month - the other one involving artificial intelligence chipmaker Nvidia - that could lead to rulings making it harder for private litigants to hold companies to account for alleged securities fraud. Reuters ? 1 hour ago META Insider Stock Buying Reaches US$3.25m On Intel Over the last year, a good number of insiders have significantly increased their holdings in Intel Corporation... Simply Wall St. ? 1 hour ago INTC Performance Overview Trailing total returns as of 11/6/2024, which may include dividends or other distributions. Benchmark is FTSE Bursa Malaysia KLCI Return 0205.KL FTSE Bursa Malaysia KLCI YTD -14.92% +12.34% 1-Year -17.05% +12.71% 3-Year -60.69% +6.69%
