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Phunware Newsroom
Don't trust Trump too much, Harris has a 69% chance of winning the election!
Analysts pointed out that although people believe that Harris's victory will bring economic disaster, when the probability of her winning increases, the stock market does not fall.
Has the direction of the election changed? Trump's net assets evaporated by over $1 billion, with media stock prices reversing their upward trend.
①With the escalation of the 'Trump trade,' the stock prices of Trump Media and Technology Group (TMTG) under the Trump Group have been rising steadily for over a month; ②However, starting from this Wednesday, the company's stock price trend has reversed; ③This retracement has also caused a shrinkage of over $1 billion in the net assets of the major shareholder, Trump.
"Trump trade" and dealing with "Trump trade"
Analysis suggests that, in response to potential tariff shocks, it may be appropriate to adjust the exchange rates of the Renminbi to cope, and it is recommended to avoid some heavy asset enterprises. Potential tariffs may lead to a contraction in external demand, prompting a stronger focus on stimulating domestic demand, potentially elevating consumer to an unprecedented level in financial stimulus.
US stocks closed: All 'Seven Giants' suffered heavy losses, with the S&P and Nasdaq posting their largest declines in nearly two months.
1. PHLX Semiconductor Index fell more than 4%; 2. The China concept stock Jinlong Index fell by 1.3%; 3. Apple's Greater China revenue fell short of expectations; 4. Guo Mingchi: the possibility of Super Micro Computer being suspended or delisted is increasing.
(PHUN) - Analyzing Phunware's Short Interest
Top pollster: The momentum of Trump's campaign in the election is questionable!
Renowned election analyst in the usa pointed out that the forecasts of surveys and gambling markets rely not on accurate data, although his intuition also believes that Trump has a greater chance of winning.
Oil Stocks Could Pop on a Trump Win. Why the Gains May Fade
Trump's Treasury Secretary nominee Paulson: Working with Musk to reduce expenses, especially by canceling green energy subsidies, has Asia's giants at a loss?
Abolishing the current Clean Energy Tax Reduction Policy in the existing 'Inflation Reduction Act' could increase tax revenue by approximately $921 billion over a decade. For Asian giants such as Toyota and Hyundai engaged in electric vehicles, wind power, and other renewable energy industries, President Trump and his allies' plan to abolish the Clean Energy Tax Reduction Policy would harm their financial condition and reduce the attractiveness of the USA market.
Express News | US stock night trading: microsoft, Meta plunged more than 3%, carvana soared more than 20%
Has the era of "Trump trade" come to an end? Supporting a $2 trillion reduction in federal spending could lead to a decline in US bond yields.
According to the Securities Times app, last weekend, an important ally of former President Trump in the USA attracted widespread attention when he stated that if Trump were to take office again, federal spending in the USA could be cut by 2 trillion dollars.
Express News | The three major U.S. stock indexes collectively closed lower, with the Dow down 0.21%, the Nasdaq down 0.56%, and the S&P 500 index down 0.33%. Chip stocks fell across the board, with AMD down more than 10%, Qualcomm and ASML Holding down over 4%, Intel d
US stock market early trading | Reddit surged 34%, Q3 performance and Q4 guidance both exceeded expectations; super micro computer plummeted nearly 26%, with the auditing firm resigning.
Snap rose by 13%, with third-quarter revenue and user growth exceeding expectations; Donald Trump concept stocks fluctuated during the trading day, with Phunware rising by over 6%, and Trump Media & Technology Group falling by over 11%.
Citi strategist: If Trump wins, you can run after the election!
Citigroup strategist said that a complete victory for the Republican Party would be a sell signal for US stocks, while a victory for Harris or a divided Congress could bring buying opportunities.
12 Information Technology Stocks Moving In Wednesday's Pre-Market Session
The capital markets still have no script, Harris's victory may leave Wall Street in the dark!
In 2016, the 'Trump trade' swept the market, but the election results were far from certain, and the impact of Harris winning on the market seems unpredictable.
Harris warns: "More chaos" will occur under Trump's leadership.
Polls show that Harris' lead over Trump has narrowed to 1 percentage point, but her supporters claim that the polls in 2016 and 2020 were both wrong, and this time is no exception.
Express News | Donald Trump concept stocks fell in pre-market trading, with the Donald Trump media technology group falling more than 3%, Phunware down 6.3%, Rumble down 4%.
Express News | Trump Media & Technology Group Down 2.6%, Phunware Down 6.3%, Rumble Down 4%
Express News | Trump-Linked Stocks Fall Premarket
Subsidies for photovoltaic and wind energy should all be cut! Potential Treasury Secretary pick for Trump: will cut federal spending with Musk.
①John Paulson, the 'backer' of Donald Trump, recently stated that if he ultimately becomes the new Secretary of the Treasury of the usa, he will cooperate with Tesla's CEO Musk to jointly formulate policies that significantly reduce federal spending; ②Paulson said that all tax subsidies for inefficient and uneconomical energy sources such as cecep solar energy and wind energy should be canceled, which will reduce fiscal expenditures.