Dogecoin surges 20% after Trump announces a Department of Government Efficiency — DOGE

Dogecoin surges 20% after Trump announces a Department of Government Efficiency — DOGE

Dogecoin shot higher on Tuesday night, extending its postelection surge after President-elect Donald Trump formally announced the creation of the Department of Government Efficiency, which he referred to as “DOGE” in his statement. Tesla CEO Elon Musk and Vivek Ramaswamy, former Republican presidential candidate and Strive Asset Management co-founder, will lead the department, Trump said…

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Trump is the most pro-stock market president in history, Wharton’s Jeremy Siegel says

Trump is the most pro-stock market president in history, Wharton’s Jeremy Siegel says

The stock market could enjoy a bigger boost from President-elect Donald Trump than any previous administration thanks to his pro-business policies, according to Jeremy Siegel, finance professor at the Wharton School of the University of Pennsylvania. “President-elect Trump is the most pro-stock market president we have had in our history,” Siegel said Monday on CNBC’s “Squawk…

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DoubleLine’s Gundlach says expect higher rates if Republicans also win the House

DoubleLine’s Gundlach says expect higher rates if Republicans also win the House

Jeffrey Gundlach speaks at the 24th Annual Sohn Investment Conference in New York, May 6, 2019. Adam Jeffery | CNBC DoubleLine Capital CEO Jeffrey Gundlach said Thursday that interest rates could shoot higher if Republicans end up controlling the House, securing a governing trifecta that gives President-elect Donald Trump free rein to spend as he pleases. Gundlach, a…

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JPMorgan says buy these power producers on the ‘paradigm shift’ in electricity demand from AI data centers

JPMorgan says buy these power producers on the ‘paradigm shift’ in electricity demand from AI data centers

Independent power producers Vistra , Constellation Energy and Talen Energy are positioned to benefit from a “paradigm shift” in electric demand from artificial intelligence data centers, according JPMorgan. The investment bank initiated coverage of the stocks Thursday with overweight ratings. Shares of the three power companies are poised for more upside even after their tremendous…

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