As Wall Street anticipates President-elect Donald Trump’s return to the White House, one area of stocks that could benefit the most is those that stand to gain from his plan to cut corporate tax rates, according to Goldman Sachs. Trump’s victory has reduced some political uncertainty and served as a catalyst for a surge in…
President Joe Biden delivered a conciliatory address to the nation, urging Americans to lower the political temperature following Donald Trump’s election win over Kamala Harris. Biden emphasized the need to see each other as fellow Americans and ensure a peaceful transition of power. He reached out to Trump, congratulating him and assuring a peaceful transfer…
Republican Donald Trump’s victory in the US presidential election has reshaped the Republican Party into a more personal-centric and hard-line entity, with Trump solidifying his position as its leader. The Democratic Party faces uncertainties and a leadership crisis following their loss, with questions arising about their future direction. Vice President Kamala Harris’s defeat raises doubts…
Small caps, specifically the Russell 2000, are seeing gains in morning trading, following a surge on Wednesday. RBC’s Calvasina notes that positioning and sentiment are stretched, but there may be room for further growth. Bank of America downgrades SolarEdge Technologies due to potential risks to the clean energy industry under a Trump presidency. Moderna shares…
The recent victory of Donald Trump in the US presidential elections has important lessons for the opposition party, especially Congress, in India. Negative campaigns can backfire, as seen in the case of Kamala Harris attacking Trump. Nationalism and inward-looking policies were key factors in Trump’s win, similar to Modi’s economic policies. Highlighting issues over attacking…
Donald Trump spent his first day as president-elect receiving congratulatory phone calls and preparing for his transition to government. Vice President Kamala Harris conceded the race and congratulated Trump, while President Joe Biden invited him for a meeting to prepare for the transition. Discussions for the transition and federal agreements needed for a smooth handover…
Retailers and manufacturing companies are contacting logistics partners to “front load” shipments ahead of potential changes in tariff policy by President-elect Donald Trump. Trump has promised tariffs on imports, particularly from China. This has led to increased container demand and vessel bookings, affecting freight rates and stock prices. Ocean shipping stocks initially dropped, but experts…
Concession speeches are an important tradition in U.S. democracy, dating back to the country’s founding. They show respect for the democratic process and help unite the country after a divisive election. Vice President Kamala Harris’s recent concession speech demonstrates the significance of this moment in a politician’s career. Overall, concession speeches serve as a cornerstone…
President-elect Donald Trump’s successful campaign had an unconventional ground game strategy that played a key role in his victory. CBS News campaign reporter Olivia Rinaldi explains the strategy, while CBS News digital reporter Aaron Navarro discusses where Democrats may have gone wrong. Trump’s ground game strategy likely involved targeting key swing states and demographics to…
Former President Donald Trump’s media company saw its shares rise after projections indicated he was winning the presidential election. Despite posting a loss in the third quarter, the stock surged as Trump gained a solid Electoral College lead. Trading was halted multiple times due to volatility, but the stock, seen as a market proxy for…