Check out the companies making headlines before the stock market opens: Crypto stocks — Shares of Coinbase surged 12% as investors cheered the prospect of a more supportive regulatory environment for cryptocurrency businesses under a second Donald Trump presidency. MicroStrategy , which trades as a high-beta play on the bitcoin price, gained 11% as bitcoin surged to a new all-time high . Bank stocks — Shares of banking stocks soared

Warren Buffett Is Raising Cash—and Missing Out on the Booming Market Source link

11/7: CBS Morning News 20:45 Nearly 600,000 GoveeLife and Govee smart electric space heaters sold online by retailers including Amazon and TikTok Shop are being recalled because they can overheat, posing fire and burn hazards, federal safety officials said Thursday. The recall follows 113 reports of the made-in-China products overheating, including seven fires and one minor burn injury, according to a notice posted by the U.S. Consumer Product Safety Commission.  Recalled smart

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Check out the companies making headlines in midday trading: Donald Trump trades — Individual stocks viewed as trades tied to Donald Trump’s election odds surged as the Republican clinched a return to the White House. Trump Media & Technology , majority owned by Trump himself, popped nearly 6%. Tesla , whose CEO publicly backed the president-elect, surged close to 15% . Phunware , the company behind the campaign’s app, climbed

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President-elect Donald Trump’s victory in the November 5 election highlights the frustrations of millions of voters, with many Americans noting in exit polls on Tuesday that they’re still hurting from the highest inflation in 40 years and dissatisfied with the nation’s economic trajectory.  Trump ran on a campaign that vowed to tackle those issues, pledging to end the “inflation nightmare” and to bring prices down “very quickly.” He also offered a myriad

Tesla (TSLA) surged on Friday, capping a huge week for the EV maker as the stock hit its highest close in over two years. Optimism over CEO Elon Musk’s relationship with President-elect Donald Trump has sent investors into a frenzy, with Tesla’s market cap now topping $1 trillion. To be fair, stocks overall have been hitting records, with the Dow Jones Industrial Average crossing 44,000 for the first time and

A specialist trader works inside a post on the floor at the New York Stock Exchange on Oct. 23, 2024. Brendan McDermid | Reuters Treasury yields surged Wednesday as Donald Trump won the U.S. presidential election over Vice President Kamala Harris, along with a strong showing for Congressional Republicans across the country. The 10-year Treasury yield jumped more than 14 basis points to trade at 4.433%, hitting its highest level since July

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