StockGuru71
liked
$Tesla (TSLA.US)$
Trump chose Musk and billionaire entrepreneur Ramaswamy to co-lead the "Department of Government Efficiency," which could be a sign that Musk will occupy an important position in the White House and ultimately be bullish for Tesla.
On Tuesday night, the newly elected President of the United States, Donald Trump, announced that Tesla's CEO Elon Musk and Vivek Ramaswamy, who previously ran for the Republican presidential candidate, will lead the establishment of the "Department of Government Efficiency" (DOGE). The abbreviation DOGE of this department is the token symbol of dogecoin that Musk often talked about in the past.
What is the "Department of Government Efficiency"?
Trump said in a statement: "These two outstanding Americans will work together to eliminate government bureaucracy, reduce excessive regulation, cut waste spending, and restructure federal agencies under my leadership."
Trump said that Musk and Ramaswamy will provide "advice and guidance", and collaborate with the White House Management and Budget Office with the goal of creating a "more efficient, less bureaucratic small government".
It is worth noting that the establishment of new government departments requires approval from the U.S. Congress, otherwise, "government efficiency...
Trump chose Musk and billionaire entrepreneur Ramaswamy to co-lead the "Department of Government Efficiency," which could be a sign that Musk will occupy an important position in the White House and ultimately be bullish for Tesla.
On Tuesday night, the newly elected President of the United States, Donald Trump, announced that Tesla's CEO Elon Musk and Vivek Ramaswamy, who previously ran for the Republican presidential candidate, will lead the establishment of the "Department of Government Efficiency" (DOGE). The abbreviation DOGE of this department is the token symbol of dogecoin that Musk often talked about in the past.
What is the "Department of Government Efficiency"?
Trump said in a statement: "These two outstanding Americans will work together to eliminate government bureaucracy, reduce excessive regulation, cut waste spending, and restructure federal agencies under my leadership."
Trump said that Musk and Ramaswamy will provide "advice and guidance", and collaborate with the White House Management and Budget Office with the goal of creating a "more efficient, less bureaucratic small government".
It is worth noting that the establishment of new government departments requires approval from the U.S. Congress, otherwise, "government efficiency...
Translated
14
2
StockGuru71
voted
Happy weekend, investors! Welcome back to Weekly Buzz where we talk about the top ten buzzing stocks on moomoo this week! Comment below to answer the Weekly Topic question for a chance to win an award!
Make Your Choice
Weekly Buzz
This week was the first full trading week after the presidential election, and the market continued to respond positively to President-Elect Donald Trump and watched as the GOP won a majority in the Congressional House and Senat...
Make Your Choice
Weekly Buzz
This week was the first full trading week after the presidential election, and the market continued to respond positively to President-Elect Donald Trump and watched as the GOP won a majority in the Congressional House and Senat...
+10
80
42
StockGuru71
voted
$NVIDIA (NVDA.US)$ bulls are pouring millions of dollars in the options market a day after the short sale volume on the stock climbed by almost 57%.
Unusual option trades tracked by moomoo showed 17 big bullish transactions were posted in the first three hours after the market opened Thursday. The biggest of them involved an active buyer paying a $5.86 million premium for call options that give the holder the right to buy...
Unusual option trades tracked by moomoo showed 17 big bullish transactions were posted in the first three hours after the market opened Thursday. The biggest of them involved an active buyer paying a $5.86 million premium for call options that give the holder the right to buy...
55
21
StockGuru71
voted
Hey, mooers!
$NVIDIA (NVDA.US)$ released the Q2 FY25 results on August 28 after the bell. The overall data is strong and still hit a new record high. However, the Q3 revenue guidance fell short of the highest optimistic expectations, which triggered a huge after-hours shock in the stock market and ultimately regrettable to the end of the day with the decline of more than 6%.
What are the key highlights of the earnings report? Unlock insights with NVDA Earnings Hub>>
$NVIDIA (NVDA.US)$ released the Q2 FY25 results on August 28 after the bell. The overall data is strong and still hit a new record high. However, the Q3 revenue guidance fell short of the highest optimistic expectations, which triggered a huge after-hours shock in the stock market and ultimately regrettable to the end of the day with the decline of more than 6%.
What are the key highlights of the earnings report? Unlock insights with NVDA Earnings Hub>>