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Trump trade: Bitcoin hit record highs and Tesla hits $1 trillion market cap
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Pivotal week

This is going to be a pivotal week. Investors from all around the world will likely be watching and anticipating the outcome of the US presidential election that is taking place on Tuesday. Their respective policies could affect companies’ growth trajectories. Anyway, it’s gonna be a very tight contest.

In addition, the Federal Reserve will be meeting on Wed and Thurs. On the second day, the central bank will announce their decision on the interest rate cut. Market expect it to be a 25 basis point decrease.

The earnings season will continue this week as well, with notables names such as Palantir, Super Micro Computer, Arm and Qualcomm reporting.
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