Trump Media & Technology (DJT) Stock Price, News, Quotes-Moomoo

31.450
+0.400+1.29%

Close Jul 26 16:00 ET

31.390
-0.060-0.19%

Post 19:59 ET

5.97BMarket Cap-43082P/E (TTM)

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Comments

Piggy Bank Trader

52 minutes ago

$Trump Media & Technology(DJT.US)$ Chuck Norris is just Trumps thoughts on what it would be like to be human.

Popular on moomoo

6 hours ago

Weekly Buzz: Shakeups and Market Pull Backs, Earnings Bite

Happy Friday, mooers! Welcome back to Weekly Buzz, where we review the news, performance, and community sentiment of the top ten buzzing stocks on moomoo based on search and message volumes! Comment below to answer the Weekly Topic question for a chance to win an award!
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Weekly Buzz
The week started with a bombshell: President Biden announced he would not seek reelection, and VP Kamala Harris would take his place as the pr...

Weekly Buzz

EZ_money :

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Mr Trecherous :

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EZ_money Mr Trecherous :

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ZnWC : Thanks for the reward points
Here's a list on how Harris presidency will impact the stock market:
1) Good for Big Tech
Harris has significant ties to major tech firms dating back to her time as a California prosecutor, the home of Silicon Valley, and experts say she largely played nice with leading firms like Google during her time in California politics.
2) ESG & Infrastructure
Harris has a strong stance on climate change and environmental policies which should support ESG (Environmental Social Governance) investors and the transformation of the broader oil and gas industry to include more renewable energy.
3) Healthcare companies that focus on the well-being of women
One of the most popular but confrontational topics of the upcoming election will be on the broader legalization of abortion or the pro-choice narrative. Harris stands pro-choice while Trump and his running mate JD Vance have stood with the opposing pro-life initiative. The higher standards for women’s health will be of significant interest under a Harris presidency and healthcare companies that focus on the well-being of women will benefit.
4) Continuation of Biden admin and Trump Trade to fade
Harris presidency would be, for all intents and purposes, a continuation of the Biden administration. Her take on foreign tariff policies may affect Chinese equities. EV industry, clean energy and businesses that help to reduce impact on air pollution will continue to enjoy the tax credit and rebates brought by the Inflation Reduction Act (IRA). Trump trade will begin to fade.
Bottom line
The cycle, which is the recent stock market rotation toward ‘red’ sectors and away from ‘blue’ ones, may play a larger role in how stocks trade broadly than who is in the White House. Personally I am more concerned about the longer term outlook such as the impact brought by the possible Fed rate cut in September, US economy slipping into recession and geopolitical tension between China and US.

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HuatLady : With a new likely nominee running for office, people would likely focus on what policies Kamala Harris might prioritize as president. These could include healthcare changes, actions on climate change, immigration policies, and her plans for economic initiatives.

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