LIVE Stocks surge after Trump retakes the White House. Follow our live blog. NSE - Delayed Quote ? INR Tainwala Chemicals and Plastics (India) Limited (TAINWALCHM.NS) Follow Compare 315.00 +52.50 (+20.00%) At close: 3:22 PM GMT+5:30 Related News As bitcoin hits record high, crypto traders 'confident' on Trump promises Bitcoin (BTC-USD) broke above $75,000 early Wednesday morning — a record high — as the crypto space rallies on Donald Trump's victory in the 2024 presidential election, an upward trend overtaking equity markets as well. Bitcoin was considered to be a part of the "Trump Trade" as holders backed the likelihood of a second Trump presidency in the lead-up to the election. Morning Brief welcomes on Axios crypto reporter Brady Dale to speak more about President-Elect Trump's relationship with the crypto community. "The first thing is probably he's going to get a new SEC [Securities and Exchange Commission} chair, someone else who is not going to be quite so hostile to the industry, isn't going to sue all of the best companies in the space," Dale hypothesizes. "And I think on that question is just what happens to all these lawsuits and threats of lawsuits — Do do a lot of settlements happen? Do they just get thrown out? Because these companies need to know that they can move forward." Brady — the author of SBF: How The FTX Bankruptcy Unwound Crypto's Very Bad Good Guy — describes cryptocurrency traders as being "confident" in the fact that Trump will follow through on some of his crypto policy promises, which could lead a push into stablecoin adoption. Follow along Yahoo Finance's extensive coverage of the stock market reactions to the 2024 election results: Stock market today: Dow, S&P 500, Nasdaq futures soar as Trump triumphsDonald Trump has won the 2024 election. Here's what's next on 2 key economic issues.Wall Street scores political victory with a Trump win: 'This should aid all banks'Tesla stock soars by double digits after Trump winDJT stock surges in premarket trading as Trump clinches election winHere's how my 'Trump trade' is doing7 'election trades' Citi is watching To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Luke Carberry Mogan. Yahoo Finance Video ? 19 minutes ago DOGE-USD SOL-USD BTC-USD DJT stock surges in early 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 ? 57 minutes ago DJT DJTWW Trump trade sparks stock rally ranging from banks to crypto to DJT DJT, bitcoin, and other trades that had moved with Donald Trump's betting odds to win the 2024 presidential election soared on Wednesday. Yahoo Finance ? 1 hour ago MSTR BTC-USD COIN Trump victory, Trump trade, banks and energy react: 3 Things US stock futures (ES=F, NQ=F, YM=F) and Treasury yields (^TYX, ^TNX, ^FVX) roar to life Wednesday morning after former President Donald Trump was named the winner of the 2024 presidential election. Shares of Tesla (TSLA) and Trump Media & Technology Group (DJT, DJTWW) are also soaring alongside other key companies part of the so-called "Trump trade" rallying on the news. Big Banks and major oil producers — Goldman Sachs (GS), JPMorgan Chase (JPM), Morgan Stanley (MS), Wells Fargo (WFC), Citigroup (C), Bank of America (BAC), Exxon Mobil (XOM), Chevron (CVX) — are getting a push higher in their stock price, while solar energy companies like First Solar (FSLR) and Sunrun (RUN) sink further. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Luke Carberry Mogan. Yahoo Finance Video ? 1 hour ago DJT DJTWW JPM Tesla stock soars by double digits after Trump win Tesla CEO Elon Musk had been a heavy supporter of Trump's campaign. Yahoo Finance ? 2 hours ago TSLA The one word that's popping up everywhere this earnings season: Morning Brief The S&P 500's earnings season is 80% done and the word "bottom" keeps popping up. It could mean a two-year tough stretch for manufacturing may be over soon. Yahoo Finance ? 5 hours ago SPY ^GSPC NVDA 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 ? 17 hours ago TLN AMZN MSFT DJT reports Q3 earnings amid election, posts $19.2M net loss After trading was halted due to Election Day volatility linked to its stock, Trump Media & Technology Group (DJT, DJTWW) reported its third quarter results after Tuesday's market close. DJT posted third quarter results that revealed a net loss of $19.25 million for the quarter ending September 30. This was narrower than the $26.03 million the company reported in the year-ago period. DJT also reported revenue of $1.01 million, a slight year-over-year drop compared to the $1.07 million it reported in the third quarter of 2023. Over the past nine months ending September 30, revenue has fallen 23% compared to the prior-year period. Yahoo Finance senior media reporter Alexandra Canal parses through the latest figures from Trump Media as voters go out to vote in the 2024 presidential election. Read up on Alexandra Canal's extensive coverage on DJT's stock performance and latest earnings print. 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 Luke Carberry Mogan. Yahoo Finance Video ? 17 hours ago DJT DJTWW Bitcoin, Tesla soar as Trump wins 2024 race: Yahoo Finance Former President Donald Trump is headed back to the White House and Wall Street is celebrating. Stocks (^DJI,^GSPC, ^IXIC), bitcoin (BTC-USD), and the US dollar (DX-Y.NYB) surged on the news. One of the biggest movers is Tesla (TSLA). CEO Elon Musk has been vocal in his support for Trump's reelection bid. Yahoo Finance is breaking down all angles and market reaction. Tune in as we bring the power of the Morning Brief, Capitol Gains, Opening Bid, and Yahoo news together to guide you through what you need to know about the market day ahead. Key guests include:Steve Sosnick, Interactive Brokers Chief StrategistDoug Holtz-Eakin, American Action Forum President, Former Director of the Congressional Budget OfficeKeith Lerner, Truist Co-CIO & Chief Market StrategistBill Blain, Wind Shift Capital FounderMarija Veitmane, State Street Global Markets Head of Equity ResearchAndrew Romano, Yahoo! News Political ReporterMeltem Demirors, Crucible Capital General Partner To watch more expert insights and analysis on the latest market action, check out more Morning Brief, Opening Bid, and Capitol Gains Yahoo Finance Video ? 18 hours ago BTC-USD TSLA Election Day 2024: The one sector this strategist is watching Voters across America are deciding between electing Vice President Kamala Harris and former President Donald Trump as the 47th US president. Evercore ISI senior strategist Matthew Aks joins Market Domination to break down what each candidate's respective policy agendas would mean for markets and the economy. "I think there are a few clear spots where you're going to see major differences between Trump and Harris show up quite quickly," Aks told Yahoo Finance. He notes that if Harris were to win, sectors like energy, healthcare, and financials could benefit. Conversely, a Trump win could lead to "big structural shifts" in areas like tariffs and immigration policy. However, Aks believes the federal deficit is expected to grow significantly regardless of who wins, with projections of a $3.95 trillion increase under Harris versus a $7.75 trillion rise under Trump's policies. "One interesting area we'll be watching closely over the next couple days is clean energy stocks," Aks states, noting that Harris's agendas would be better for this sector. However, he adds that with the increase in demand for energy, "I think either way, whoever wins, the next president is going to have to adopt something of an 'all of the above' energy strategy." To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Angel Smith Yahoo Finance Video ? 19 hours ago ^GSPC US election 2024: Key market sectors to watch The 2024 US presidential election carries significant market (^DJI, ^IXIC, ^GSPC) implications, with different potential outcomes depending on whether Vice President Kamala Harris or former President Donald Trump wins the White House. Catalysts Co-hosts Seana Smith and Madison Mills analyze the various market scenarios, highlighting sectors positioned to outperform and examining how key assets like gold (GC=F), bitcoin (BTC-USD), and energy stocks could react once election results are known. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Angel Smith Yahoo Finance Video ? 21 hours ago ^GSPC CEG ROST Trump vs. Harris trades, Boeing, Hims & Hers: Top Stories As Americans head to the polls on this highly anticipated Election Day, Yahoo Finance senior reporter Alexandra Canal breaks down the biggest market stories of the day, including the performances of stocks and commodities associated with the respective Trump and Harris Trades. The International Association of Machinists and Aerospace Workers (IAM) union voted in favor of aircraft manufacturer Boeing's (BA) latest labor contract proposal, ending the group's nearly two-month long strike. Hims & Hers Health (HIMS) stock continues to see upside in Tuesday's session after topping third quarter earnings estimates, as the telehealth company announces a launch of a generic version of the GLP-1 weight-loss drug Ozempic set for 2025. Hims & Hers Health CFO Yemi Okupe spoke with Yahoo Finance earlier this week about the earnings print and the influence of weight-loss trends. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Luke Carberry Mogan Yahoo Finance Video ? 22 hours ago HIMS DJT DJTWW Tesla Shares Surge as Chinese EV Stocks Plunge Following U.S. Election Results Tesla's stock rose 15% as investors viewed Trump's election victory as beneficial for the company GuruFocus.com ? 6 minutes ago TSLA Tesla's Stock Skyrockets 14% as Trump Win Sets Stage for Musk's Bold EV Strategy Tesla shares soar 14% as Musk expects Trump's policies on tariffs, EV subsidies to aid Tesla's market edge GuruFocus.com ? 6 minutes ago TSLA JPMorgan's Dimon Rejects Trump Administration Role; Bank Shares Surge 8% Jamie Dimon will stay at JPMorgan, shutting down speculation of joining Trump's administration as Treasury Secretary GuruFocus.com ? 6 minutes ago JPM Celsius Shares Plunge 11% as Revenue Nosedives--Is the Energy Drink Giant Losing Steam? Major distributor shake-up slashes revenue, but Celsius is betting on Amazon gains and new manufacturing muscle GuruFocus.com ? 6 minutes ago CELH Trump Media Shares Soar 20% as White House Return Spurs Investor Frenzy Trump Media stock jumps nearly 20% after Trump's election win, sparking investor confidence in Truth Social's growth GuruFocus.com ? 6 minutes ago DJT DJTWW Trump Presidency Likely to Boost Big Tech, Tesla With Major AI Initiatives, Wedbush Says Trump Presidency Likely to Boost Big Tech, Tesla With Major AI Initiatives, Wedbush Says PREMIUM MT Newswires ? 20 minutes ago TSLA GOOG Why First Solar, Sunnova Energy, and Plug Power Stocks All Crashed Today Green energy stocks are selling off post-election. Is this a buying opportunity? Motley Fool ? 22 minutes ago FSLR NOVA PLUG These Stocks Are Moving the Most Today: DJT, Tesla, Wells Fargo, Coinbase, First Solar, CVS, Super Micro, Nvidia, Discover, and More Trump Media stock rises as Donald Trump wins the U.S. presidential election, Tesla soars, bank stocks rise sharply, and Coinbase and other crypto-related stocks jump as Bitcoin sets a record high. Barrons.com ? 33 minutes ago SMCI NVDA TSLA Performance Overview Trailing total returns as of 11/6/2024, which may include dividends or other distributions. Benchmark is S&P BSE SENSEX Return TAINWALCHM.NS S&P BSE SENSEX YTD +115.16% +11.27% 1-Year +149.11% +24.88% 3-Year +329.45% +33.81%
