Looking ahead, some analysts think the stock market will keep soaring as Trump pushes for deregulation and tax cuts during his second term. For instance, while on the campaign trail, he proposed lowering the corporate tax rate to 15% for domestic manufacturers. That could boost net profit margins and send the stock market higher.
Eli Lilly (NYSE: LLY) began a roll in late 2020 that lasted almost four years. During that time, it became the world's largest healthcare company, with a market cap that topped $860 billion at one point.
Ackman recently took activist investing to an even higher level. He wants -- and expects -- President-elect Donald Trump to make two stocks in his Pershing Square Capital Management portfolio big winners. Both stocks have already delivered gains of more than 6x in the last 12 months.
U.S. stocks rallied on Friday to close out a strong week on optimism over the health of the economy and path of interest rates as investors braced for a slew of policy changes under the incoming Trump administration.
Markets were buoyant on Friday, the last trading day before Donald Trump’s inauguration on Monday, but there were some signs of jitters on Wall Street.
President-elect Trump has launched his own crypto token called Trump coin. In less than 24 hours, the coin has had a 12,000% gain and has seen billions in trading volume.
Stocks have had a tepid reaction to presidential inaugurations, although this time could be different given Trump's potential to be unpredictable and ability to shake up markets with his commentary.
The official memecoin of the 47th U.S. president will be listed on most major crypto exchanges, even though the MAGA fan token faced trouble getting listed.
Q3 earnings, foreign fund outflow, Donald Trump’s inauguration, and global cues will dictate market trends this week. D-Street experts say Nifty may test the 22,700 level.
Before the election, the Republican pretended he was solely responsible for Wall Street’s upswing. Now that markets are struggling, that’s a problem.
Donald Trump Jr. is an advisor and investor in GrabAGun, a gun ecommerce company going public via SPAC merger.
Stellantis (NYSE:STLA), and Delta Air Lines (NYSE:DAL) have each pledged $1 million to President-elect Donald Trumps inaugural fund, showcasing their commitment to engaging with the