Trump-Election Stocks refer to securities closely associated with business dealings, political actions, or events related to Donald Trump. These stocks may benefit from Trump's potential win in the 2024 US presidential election.
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S&P rises over 2%, the best in nearly two years, with chip stocks up about 7%, Nasdaq and Chinese stocks up 2.8%, and US Treasury yields and the yen falling for three consecutive days.
The latest employment data alleviates concerns over the US economy, and US stocks rose more than 1.7%. Nvidia's stock rose more than 6%, and Tesla, Alibaba, PDD Holdings, and Tencent ADR rose more than 3%. Bullish on weight loss drug reports, Eli Lilly and Co's stock rose more than 13%, and Novo-Nordisk A/S's US stock rose nearly 8%. The 10-year US Treasury yield rose above 4%, and short-term bond yields rose by 10 basis points. Oil prices rose for the third consecutive day, gold halted its five-day decline, and digital currency had a big increase.
Phunware Q2 2024 GAAP EPS $(0.32) Beats $(0.37) Estimate, Sales $1.011M Miss $1.103M Estimate
Phunware GAAP EPS of -$0.32 Beats by $0.05, Revenue of $1.01M Misses by $0.09M