Trump's victory sparked a frenzy of rotation in US stocks: bank stocks soared, stock indices rose by more than 10%, energy stocks surged, and photovoltaic stocks collapsed.
Benefiting from expectations of relaxed financial regulation, major US banks such as Goldman Sachs, JPMorgan, and Morgan Stanley all rose by more than 10%; renewable energy stocks plummeted, with solar energy stocks like Sunrun falling by at least 10%; Bitcoin hitting a record high drove up the overall crypto concept stocks, with the largest US crypto exchange Coinbase closing up by 31%.
Earnings Preview: Bitfarms to Report Financial Results Pre-market on November 12
$Bitfarms(BITF.US)$ is scheduled to release its financial results pre-market on November 12 ET. Earnings PreviewAnalysts estimate $Bitfarms(BITF.US)$ to post revenue of USD46.59M for 2024Q3, up 34.67%
With the arrival of the Trump 2.0 era, what big changes will the technology industry in the USA face?
①Without a doubt, Musk will be the biggest beneficiary; ②With the heads of the SEC and FTC being 'fired', the cryptos industry, technology giants such as Apple, are expected to see a bullish trend; ③Google will be an exception.
Cryptos Rally On Historic Political Sea Change, These Micro Caps Are Going Along For The Ride
Shares of Crypto-linked Stocks Are Trading Higher Amid Strength in Bitcoin, Which Reached an All-time High During the US Presidential Election.
Cardano's 10% Surge Triggers Short Squeeze: Should ADA Buyers Stay Bullish?