Tesla headed for $2T valuation after Musk’s ‘big bet’ on Trump win, analysts say
Automotive expert Lauren Fix joins “Kabuto: Coast to Coast” to discuss the impact of President Trump's victory on Tesla's soaring stock price. Tesla shares continue to soar after President-elect Trump secured a second term in the White House with CEO Elon Musk as a key backer, following last week's post-election rally. The electric vehicle manufacturer's […]
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How Warren Buffett bet against the ‘Trump trade’ — and lost
Donald Trump and many of his supporters did pretty well in the stock market after he took back the White House. Warren Buffett, apparently, not so much. This has led to the post-election market frenzy, notable winners (among them Trump himself), and, if trading desk chatter is to be believed, the so-called Trump race that […]
Crypto Gambler Reveals Why He Bet $30 Million on a Donald Trump Victory
An anonymous French gambler known as Theo has won a staggering $48 million on crypto-based betting platform Polymarket after correctly predicting Donald Trump's victory in the 2024 presidential election with a $30 million bet. I got a huge profit. Now, the elusive “Trump whale” has explained the rationale for his decision. of wall street journal […]
Musk's big bet
Welcome to The Hill's Technology Newsletter {beacon} technology technology Full text Top technology leaders celebrate President Trump's victory Leaders of the world's largest technology companies congratulated President-elect Donald Trump on Wednesday for securing a second term in office. Despite President Trump's rocky relationship with tech leaders, the messages quickly poured in Wednesday morning. Amazon […]
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'A star is born:' Elon Musk's big bet on Trump pays off
Tesla and SpaceX billionaire Elon Musk's huge bet on President-elect Trump has paid off as he looks to form an administration that will strengthen his companies and his political power. It seems so. As of early Wednesday morning, Trump was expected to defeat Vice President Harris head-on in the Electoral College, win the popular vote […]
Streamer ‘xQc’ Takes Staggering $700,000 Loss on Kamala Harris Election Bet
Prominent streamer xQc, known for his high-stakes gambling, faced a major setback after losing a staggering $700,000 bet on Kamala Harris in the 2024 US presidential election. In a video clip from his stream, xQc can be seen cashing out multiple bets to win against Harris, then forfeiting them in exchange for keeping a small […]