How Elon Musk stands to cash in on Trump’s presidential victory
Tesla CEO Elon Musk poured at least $130 million into a pro-Trump campaign effort after an assassination attempt on the former president in July.
Moderna posts surprise profit as Covid vaccine sales impress, cost cuts take hold
Moderna said its newest Covid vaccine saw benefits after winning approval in the U.S. three weeks earlier than the last iteration of the shot did in 2023.
Qualcomm pops on chipmaker’s earnings and revenue beat
Qualcomm reported fourth-quarter earnings on Wednesday that beat Wall Street expectations for earnings and revenue, and guided to a strong December quarter.
Coinbase CEO Brian Armstrong is more than $2 billion richer after post-election stock pop
Coinbase’s success in helping its candidates win their elections on Tuesday sent the company’s stock price soaring, lifting CEO Brian Armstrong’s net worth.
The Fed is expected to cut interest rates again Thursday. Here’s everything you need to know
Markets are pricing in a near-certainty that the FOMC will lower its benchmark rate by a quarter percentage point.
Foreign automaker stocks slide on Trump tariff fears
Stock prices of foreign automakers fell sharply Wednesday amid concerns the U.S. will hike tariffs on imported vehicles under President-elect Donald Trump.
Leon Cooperman is short the S&P 500 above 6,400, says market will be down next year
The billionaire investor’s cautious comments come even as stocks surged following Donald Trump’s win of the 2024 U.S. presidential election.
What Trump’s election to the White House could mean for EVs
Republicans, led by Trump, have largely condemned EVs, claiming they are being forced upon consumers and that they will ruin the U.S. auto industry.
Trump’s election victory sparks dismay — and defiance — among architects of the Paris climate accord
Donald Trump’s election victory on Wednesday sparked a palpable sense of dismay among the climate community.
Why state governments are tightening their budgets
State governments in the U.S. must tighten budgets or take on more debt to manage declining revenues, long-standing liabilities and emerging risks.
