Author: Fernanda T
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U.S. Index Futures Surge on Trump Victory Prospects; Commodities Slide Amid Dollar Strength
U.S. index futures surged in pre-market trading on Wednesday, driven by expectations of a Donald Trump victory and Republican control of Congress, which could benefit companies through his tax cut and tariff agenda. Trump reportedly secured 270 electoral votes, though other networks have yet to call the race. Sectors like banking and healthcare led gains,…
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Trump Media Shares Surge 32% Pre-Market; Tesla Jumps 13%; Coinbase Rises with BTC All-Time High
Trump Media & Technology Group (NASDAQ:DJT) – Donald Trump’s media company reported a $19.2 million loss in Q3, driven by $12.1 million in legal fees tied to a streaming deal and SPAC. Research and development expenses totaled $3.9 million. Despite the loss, shares surged 32.7% in pre-market after Trump declared victory in the presidential election,…
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Bitcoin Surpasses $70K; New Global Network for USDG Stablecoin; Chainlink, UBS, and Swift Test Tokenized Settlements
Bitcoin faces optimistic pre-election outlook Bitcoin (COIN:BTCUSD) has risen by 3.6% in the last 24 hours, reaching $70,223, driven by investor optimism surrounding the upcoming US presidential election. This election will determine control of the White House and Congress, which will directly impact cryptocurrency regulations. The presidency and Congress will shape whether the crypto market…
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U.S. Index Futures Rise as Election Looms; Oil and Gold Prices Steady
U.S. index futures rose slightly in pre-market trading on Tuesday as markets await the outcome of a tight presidential race between Trump and Harris. With voting set to begin and an uncertain race that could delay vote counts, caution prevails. Additionally, the Federal Reserve’s decision and earnings reports are expected to impact markets in the…
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Boeing Ends Strike; Leadership Changes at Dollar Tree and Southwest; PLTR, HIMS, and ALAB Soar; MQ and LSCC Decline
Boeing (NYSE:BA) – Boeing workers on the U.S. West Coast ended a seven-week strike after approving a contract that includes a 38% wage increase over four years. The strike, which impacted 737 MAX production and other models, cost Boeing about $100 million per day. The contract also includes a $12,000 bonus and increased 401(k) contributions.…
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US Elections Intensify Bitcoin Volatility; Ethereum Celebrates 11 Years; Solana Records Highest Monthly Activity
US elections and crypto volatility: Bitcoin may rise 47.8% after results Global crypto funds, managed by giants like BlackRock and Grayscale, received net inflows of $2.18 billion last week, reaching $29.2 billion year-to-date, according to CoinShares. This flow was driven by political expectations, with election poll shifts impacting Bitcoin’s sensitivity. Total assets under management surpassed…
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Tesla Sales Drop; Intel to Exit Dow Jones After 25 Years; VKTX and ATSG Surge Over 20% Pre-Market
Tesla (NASDAQ:TSLA) – Tesla sold 68,280 China-made vehicles in October, a 5.3% drop from the previous year, with Model 3 and Model Y deliveries down 22.7% month-over-month. Tesla extended its interest-free financing for certain models into November after exceeding third-quarter profit expectations but was outperformed by BYD in revenue. Additionally, Tesla sold $499 million in…
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U.S. Futures Edge Up as Election and Fed Rate Decision Loom; Oil Prices Rise as OPEC+ Delays Production Increase
U.S. index futures rose slightly in pre-market trading on Monday as investors focused on the presidential election and the Federal Reserve’s rate decision. Tuesday’s election is seen as a crucial catalyst; a divided Congress would maintain the status quo, while a unified victory could bring new spending and tax reform plans. Additionally, the market is…
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Institutional Investment in Solana Grows 54%; Polkadot 2.0 Enhances Governance; UBS Launches Tokenized Fund on Ethereum
Bitcoin rises as dollar weakens after weak US job data On November 1, Bitcoin (COIN:BTCUSD) hit an intraday low of $68,750.37 but rebounded to $69,905, marking a -0.4% drop in the last 24 hours. This recovery followed US employment data showing only 12,000 new jobs in October, far below the expected 106,000, weakening the dollar…
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Index Futures Rise on Jobs Report and Chevron, Exxon Earnings Anticipation; Oil Prices Surge
U.S. index futures rose in Friday’s pre-market, fueled by anticipation of key earnings reports from Chevron and Exxon Mobil, as investors awaited the crucial jobs report and the conclusion of the most intense week of S&P 500 earnings season. At 6:08 AM, Dow Jones futures (DOWI:DJI) rose 108 points, or 0.26%. S&P 500 futures gained…