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Other gainers include former Microsoft executives Bill Gates and Steve Ballmer, former Google executives Larry Page and Sergey Brin and Berkshire Hathaway CEO Warren Buffett. Although none of those billionaires endorsed a candidate this year, they have spoken in favor of Democratic candidates and causes in the past.
Bloombergnotesit’s the “biggest daily increase” of wealth it’s seen since the index began in 2012,. The market rallied Wednesday as the election concluded swiftly and with expectations that Trump will usher in anew era of deregulationand other pro-business laws and policies investors believe could benefit the stock market overall — especially billionaires who hold much of the world’s wealth.
“There is this huge perception of business friendly, tax-friendly regime coming into place, especially with them winning the Senate,” said Michael Block, chief operating officer at AgentSmyth.
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Top Indian Stocks with Global Potential AI Powered Stock Selection Strategy ✌️【Career Goals】✌️ Expert predictions with real-time stock trend analysis to help you quickly select high-potential stocks and grow capital. Trump is thedominant shareholderin the conservative social media company, which has scant revenue and is losing money. The president-elect’s 114.75 million shares were worth about $5.3 billion brieflybased on those early gains, up from $3.9 billion when trading ended on Election Day.
Top Indian Stocks with Global Potential AI Powered Stock Selection Strategy ✌️【Career Goals】✌️ Free expert stock trend predictions to help you identify high-potential stocks and maximize returns. With real-time global market indices, futures, metals, energy, and agricultural product data, our platform enables you to make informed investment decisions. Most stock quote data provided by BATS. US market indices are shown in real time, except for the S&P 500 which is refreshed every two minutes. All times are ET. Factset: FactSet Research Systems Inc. All rights reserved. Chicago Mercantile: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and 【 - Free Stock Selection 】. Standard & Poor’s and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC and/or its affiliates. Fair value provided by IndexArb.com. Market holidays and trading hours provided by Copp Clark Limited.
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