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5 Stock To Watch On Election Day: Trump Media, Exxon, First Solar, RTX, Lennar
Elbit Systems Shares Are Trading Higher After the Company Announced That It Was Awarded a Follow-on Contract of Approximately $127 Million to Supply Iron Fist Active Protection Systems to General Dynamics Ordnance and Tactical Systems for Upgrades to...
The election storm is sweeping through the financial markets, with investment banks beginning to pay attention to the potential impact of Elon Musk taking office.
Elon Musk has pledged to find a $2 trillion reduction target in the government budget, and Piper Sandler, an American investment bank, has compiled a list of the 100 stocks most affected by this plan. Overall, Piper's list ranges from aviation and aerospace equipment companies to defense manufacturing, biopharmaceuticals, and health plan providers.
Analyst: If Elon Musk serves in the White House and fulfills budget reduction commitments, stocks sensitive to government spending will be affected.
11月5日格隆汇｜Only one day left before the USA presidential election, strategists are busy preparing for the potential economic impact of either Trump or Harris winning, including tax, tariffs, and immigration policies. However, investment professionals are planning for another risk of Trump winning, which is Musk serving in the White House. Trump has stated that if he wins, he will establish a government efficiency committee led by Musk. Musk pledged last week to cut the USA federal budget by at least 2 trillion dollars. Piper Sandler & Co. has now listed the top 100 sectors that may be most affected by this plan.
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