“Saturday Night Live” is looking to get on President-elect Donald Trump’s good side. The sketch comedy show’s post-election episode kicked off with the cast delivering what initially seemed to be a serious message about the Republican nominee’s win. “To many people, including many people watching this show right now, the results were shocking and even…
President-elect Donald Trump’s election as the 47th president of the United States sent Wall Street into a frenzy, driving major stock indexes to once again break record highs. Investors are betting that Trump’s potential policies — such as lower corporate and individual taxes, coupled with deregulation in the financial sector — will spur growth for…
U.S. stocks continued their post-election rally on Friday, notching more record highs with the Dow and S&P 500 putting in their best weekly performance all year. The blue-chip Dow closed up 259.65 points, or 0.59%, to a record high 43,988.99, and the broad Standard & Poor’s 500 index finished up 22.44 points, or 0.38%, to…
WASHINGTON − Tech billionaire Elon Musk joined the first phone call between President-elect Donald Trump and Ukrainian President Volodymyr Zelenskyy since Trump’s election on Tuesday, media outlets reported, raising questions about his potentially outsized role in the upcoming administration. A spokesperson for Zelenskyy described the call as a positive one based on comments from both…
Elon Musk, who shelled out over $100 million and turned his social media platform X into an online megaphone to get out the vote for Donald Trump, has emerged as one of the presidential election’s biggest winners. The world’s richest man was the only Fortune 100 CEO to pick a side, endorsing Trump moments after the…
A Michigan attorney has sued billionaire and Tesla co-founder Elon Musk for allegedly fraudulently inducing people to sign a petition for a chance to win $1 million. The lawsuit, filed Tuesday in the United States District Court for the Western District of Michigan, alleged that Musk’s political action committee’s lottery to win $1 million was…
The U.S. stock market experienced a setback at the end of October, breaking a five-month winning streak as election uncertainties and mixed tech earnings dampen risk sentiment. A key measure of market turbulence, the CBOE Volatility Index, or VIX, surged by 34% last month, marking the third-largest increase for an October in an election year….
WASHINGTON − The Philadelphia district attorney failed Thursday in his bid to block tech billionaire Elon Musk from continuing his controversial $1 million daily giveaways targeting pro-Trump registered voters in swing states before next Tuesday’s election. The legal showdown had the potential for fireworks as a judge ordered Musk to appear personally in a Philadelphia…
Elon Musk is again proving doubters wrong as Tesla’s stock saw a 22% climb last Thursday, good enough for the company’s best day in over a decade. With the recent announcement of the long-awaited Robotaxi, a self-driving car from the brand, and a stronger-than-expected third-quarter report, the electric vehicle giant is projecting strength. The Austin-based…
New York – U.S. stocks are drifting around their all-time highs Monday, as momentum for Wall Street’s record-breaking rally cools a bit. The S&P 500 was virtually unchanged in morning trading, coming off its sixth straight winning week, its longest such streak of the year. The Dow Jones Industrial Average was edging back by 106…