by Jibran Munaf | November 7, 2024 | Commodities, Energy
Oil prices edged higher on Thursday, reversing a post-election sell-off as markets weighed potential supply disruptions from the re-election of Donald Trump and an intensifying hurricane in the Gulf of Mexico. Brent crude oil futures rose by 26 cents (0.35%) to $75.18...
by Jibran Munaf | November 7, 2024 | Automotive
Tesla CEO Elon Musk’s high-profile support for Donald Trump’s re-election is paying off for shareholders, with Tesla stock surging amid Trump’s victory. However, investors are speculating about what Musk’s relationship with the new administration will mean for Tesla’s...
by Jibran Munaf | November 7, 2024 | Markets
U.S. stock markets soared to record levels on Wednesday, driven by investor reaction to Donald Trump’s re-election victory over Kamala Harris. A decisive win in Wisconsin confirmed Trump’s return to the White House, propelling a strong market rally as investors...
by Jibran Munaf | November 6, 2024 | Energy
Oil prices edged higher as investors remained vigilant ahead of the closely contested U.S. presidential election, coupled with the looming threat of a tropical storm that could disrupt production in the Gulf of Mexico. West Texas Intermediate (WTI) crude rose 0.7%,...
by Jibran Munaf | November 6, 2024 | Stocks & Bonds
As Americans head to the polls, the future of Trump Media & Technology Group Corp. hangs in the balance, tied closely to the political fortunes of its namesake. This moment is pivotal for the loss-making social media platform, particularly as it has mirrored the...
