Metals bore the brunt of global commodity price losses after a US election win by Donald Trump on Wednesday, while oil, gas and agricultural commodity prices recouped some losses. Trump recaptured the White House by securing more than the 270 Electoral College votes needed to win the presidency, following a...
Qualcomm reported fourth-quarter earnings on Wednesday that beat Wall Street expectations for earnings and revenue, and the company guided to a strong December quarter. The shares rose 10% in extended trading at one point before falling to a gain of about 4%. Here’s how the company did versus Refinitiv consensus expectations for...
Bitcoin set a new all-time high Tuesday night, amid strong early results for Donald Trump in the 2024 presidential election. Why it matters: It indicates confidence from the market in Trump's chance of winning and ushering in a much more pro-crypto regulatory...
The dollar was set for its biggest one-day rise since March 2023 against major peers on Wednesday and bitcoin jumped to an all-time high, with traders increasingly confident of a U.S. election victory for former president Donald Trump.
US stocks rallied in after-hours trading on Tuesday night and bitcoin hit a new record as Wall Street digested early presidential election results. Futures on the Dow jumped more than 600 points, while the S&P 500 jumped...
Clues about how this election cliffhanger will end may be hiding in an unlikely place: Your 401(k). As people try to make sense of the latest swings in prediction markets and dramatic shifts in the share price in former President...
Bitcoin (BTC) is struggling for direction a day before the United States presidential election, with polls depicting a tight race between Former President Donald Trump and Vice President Kamala Harris. Here’s what analysts are predicting for Bitcoin as the standoff between Trump and Harris approach. Bitcoin could hit $80-90K if Trump wins The Bitcoin...
Fundstrat Global Advisors’ Tom Lee and analysts from Bernstein predict robust markets heading into 2025, regardless of the results of the upcoming US presidential election. While Lee expects a broader market rally across sectors, Bernstein highlighted Bitcoin’s (BTC) resilience amid political uncertainty. Tom Lee, managing partner and head of research at...
Shares of former President Donald Trump’s social media company roared higher on the final day before the US presidential election. Trump Media & Technology Group (DJT), the parent company of Truth Social, surged 12% Monday. There was no apparent catalyst for the increase. The stock has been highly volatile since it...
Stocks typically rise after a presidential election, but investors need to be prepared for some short-term choppiness first, history shows. The three major benchmarks on average have seen gains between Election Day and year-end in the presidential election year going back to 1980, according to CNBC data. However, investors should...
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