The US stock market, Elon Musk’s Tesla, banks and bitcoin all stormed higher as investors bet on what Donald Trump’s return to the White House will mean for the economy and world. ADVERTISEMENT Among the losers were solar-power companies and potentially anyone worried about higher inflation. The S&P 500 was up by 2.2% in afternoon trading and on track to …
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Social media Influencer Adin Ross wins $1.6m after betting on Trump to win US election
American streamer and social media influencer, Adin Ross has won a $1.6 million payout after betting on Donald Trump to win the US presidential election. Adin Ross disclosed on his social media accounts on Tuesday that he had placed a $1 million wager on the Republican candidate ahead of Election Day. On Wednesday he revealed that …
Read More »Joe Biden and Kamala Harris to call Trump to concede the 2024 presidential race
US Vice President, Kamala Harris is expected to call US President-elect Donald Trump on Wednesday to concede the 2024 presidential race and is also expected to speak publicly, according to two of her aides who spoke to NBC news. Harris is expected to address the nation at 4 p.m. ET at Howard University, her alma mater. In the meantime, she …
Read More »Russian government says Putin has no plans to congratulate Trump
The Kremlin said Wednesday, November 6 that Russian President Vladimir Putin has no plans to congratulate U.S. President-elect Trump on his victory. Kremlin press secretary Dmitry Peskov told reporters at a briefing that U.S.-Russian relations were at “their lowest point in history” and that he could not say anything about Putin’s reaction. “It is practically impossible to …
Read More »Tesla shares leap as Trump win sets stage for Musk’s EV business
Shares of Tesla have jumped following an election result that will send Donald Trump back to the White House, an outcome that has been strongly backed by CEO Elon Musk in the closing months of the race. ADVERTISEMENT Tesla stands to make significant gains under a Trump administration due to its size, with the expectation that subsidies for alternative energy …
Read More »FIFA President, Gianni Infantino congratulates Donald Trump after he declared victory in US election
FIFA president, Gianni Infantino has congratulated Donald Trump ahead of his return as US President. Earlier today, Trump declared victory over Democrat rival Kamala Harris in the US presidential election. ‘Congratulations Mr President!’ Infantino wrote on Instagram on Wednesday morning. ‘We will have a great FIFA World Cup and a great FIFA Club World Cup in the United States of America! …
Read More »What Elon Musk could gain from a Trump presidency
Donald Trump’s return to the White House might also prove to be a win for one of his most visible supporters: Elon Musk. The world’s richest man spent election night in Florida with Trump at his Mar-a-Lago resort as returns came in. “The people of America gave @realDonaldTrump a crystal clear mandate for change tonight,” Mr Musk wrote on the …
Read More »Donald Trump and Elon Musk can bring PGA Tour and LIV Golf together, says Rory McIlroy
Rory McIlroy believes Donald Trump’s return to the White House could bring peace between the PGA Tour and the Saudi Arabia funded breakaway LIV circuit and has speculated that Elon Musk could play a key role in negotiations on golf’s future. The US tour is involved in protracted negotiations with the Saudi Public Investment Fund (PIF) aimed at healing a …
Read More »He?s a genius. We must protect him ? ? Trump thanks Elon Musk for his support in US election
The Republican candidate for the 2024 United States presidential election, Donald Trump, has praised his loyal supporter and tech billionaire Elon Musk, saying the tech guru must be protected . Trump, on Wednesday, November 6 informed his supporters that Musk’s Starlink satellite service played a crucial role in saving “a lot of lives” during Hurricane Helene, which struck the …
Read More »Market winners and losers as Trump secures historic victory
As Donald Trump returns as the 47th US president, several markets respond strongly to his policy shift. Here are five winners and losers as investors adjust to the new US administration. ADVERTISEMENT Donald Trump has returned to the White House as the 47th US president, making him the first to serve two non-consecutive terms since Grover Cleveland in the late …
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