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Space Exploration Technologies Corp. President Gwynne Shotwell said she and her husband are "thrilled that our gift of over 2 million shares of ***** eX stock will be distributed to children's Trump accounts in December."
Shotwell announced the gift in an X post on Friday. She said the initial gift's shares are transferring to escrow, and that families should receive a notice by Monday.
Robert and I are thrilled that our gift of over 2 million shares of ***** eX stock will be distributed to children's Trump accounts in December!

Our initial gift (shares transferring to escrow as we speak) will go to 11 to 17-year-olds who live in zip codes with median family…
— Gwynne Shotwell (Gwynne_Shotwell) October 30, 2026

#gwynne #Trump

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Long before Donald Trump entered the White House, he had a pitch for Bill Clinton — and Clinton warned him that ordinary Americans could end up footing the bill.
At a campaign rally in Tupelo, Mississippi, on Oct. 30, Clinton recalled a time when the two were on friendlier terms.
The tax breaks in Trump's 'big beautiful bill' expire after 2028. Here are 4 moves to make before the window closes
A record 45% of central banks plan to grow gold reserves — and many investors are following suit. Get your free gold IRA guide from Priority Gold

#donald

Democrats secured control of the Senate on Tuesday, a seismic shift that effectively blocks President Trump's campaign to reshape the Federal Reserve and neutralizes what many ******* ysts viewed as a threat to the central bank's independence.
It also heightens the challenge for Trump should he maneuver to replace any sitting officials.
"Democrats' control of the Senate reclaims the party's ability to approve or deny the President's nominees for judges and heads of other executive branch agencies," Jonathan Pingle, an economist for UBS, wrote in a note. "That includes the need for Democrats to approve any new members of the Board of Governors of the Federal Reserve System should one of the existing governors step aside."
That political firewall directly impacts the administration's ongoing effort to remove Fed governor Lisa Cook. Trump fired Cook in August 2025, claiming she committed mortgage fraud by making misrepresentations on loan documents years before her appointment to the central bank. Cook, a Biden appointee, has denied any wrongdoing and sued. The lawsuit has gone through multiple court rungs before reaching the Supreme Court earlier this year.
Last month, Trump established a committee to determine whether her statements constituted legal "cause" for removal from the central bank, signaling that his efforts to oust her are continuing.

#reserve

LONDON (AP) — World leaders who have sparred with the "America first" President Donald Trump greeted the rout of his Republican Party in the U.S. midterm elections with a measure of relief Wednesday, allowing themselves to hope for a less combative U.S. foreign policy.
But that hope was seasoned with the expectation that American voters' rebuke would not necessarily end the U.S. conflict with Iran or change Trump's policies on tariffs or his lukewarm-at-best support for Ukraine and America's European allies.
Progressive politicians cast the results as part of a trend of liberal comebacks around the world, following recent defeats for populists on the right in Hungary, Brazil and Serbia.
Spain's social democratic Prime Minister Pedro Sánchez wrote on X that Americans had voted "Against hate. Against machismo. Against climate denialism and against the privileges of the elites."
"It happened in Brazil. It just happened in the US. And it will happen soon in Spain," wrote Sánchez, who faces an election Nov. 29.

#nchez #wrote #happened #donald

The president said the defense secretary is "doing a great job."
President Donald Trump said Wednesday that Defense Secretary Pete Hegseth would remain on the job, even as he acknowledged that the war with Iran had contributed to Republicans' sweeping midterm losses and as Democrats prepare to use their new congressional majority to potentially investigate the Pentagon chief.
Trump dismissed the possibility of replacing Hegseth, telling reporters he was "doing a great job." When asked about speculation that Hegseth is eyeing Republican Sen. Marsha Blackburn's soon-to-be-vacated Tennessee seat, Trump predicted the defense secretary would be "very popular" in the state.
Blackburn, who won Tennessee's gubernatorial race Tuesday, declined to weigh in on who might be picked to fill her Senate seat. Asked about who would be appointed, she said, "It's not a conversation for today."
Trump's remarks come as Republicans grapple with the political fallout from the eight-month war with Iran, which has driven up gas prices and fueled voter frustration over the cost of living. The war and its economic consequences are widely seen as a major factor in Republicans' crushing midterm defeat.

#Trump #defense

By John Kruzel
WASHINGTON, Nov 4 (Reuters) - The US midterm election landslide that gives Democrats control of Congress starting in January is fueling questions about the longevity of the Supreme Court's two eldest justices, Clarence Thomas and Samuel Alito, and the durability of its conservative majority.
As Republicans prepare to cede control of the Senate to Democrats for the next two years or ‌more, some conservative commentators already are expressing concerns about the health prospects of Thomas, 78, and Alito, 76, placing renewed focus on their continued service on the top US judicial body.
The US Constitution ‌assigns the Senate the power to confirm a president's judicial nominations. With a Senate majority, Democrats can block any nominations that Republican President Donald Trump would make to fill potential Supreme Court vacancies, just as Republicans blocked Democratic President Barack Obama from filling one in 2016.
Thomas has given no public indication of wanting to step down. Alito said last month he would remain for the duration of the current nine-month term, which began in October, even if Democrats were to retake the Senate. Thomas and Alito did not immediately respond to questions from Reuters about whether they are considering retiring.

#questions

Democrats in Congress gained the power Tuesday night to more forcefully investigate President Trump and rein in his agenda, setting up confrontations that are likely to define the final two years of his presidency.
As party leaders on Wednesday celebrated retaking the House and Senate, they vowed to put Trump and his administration on the defensive with subpoenas and hearings, a role that voters made clear they want them to play. But they also said the top priority would be the issue that swept them to power: making life more affordable.
"We are going to work hard to drive costs down with the president or without him, period," Sen. Chuck Schumer, who is poised to become Senate majority leader, said at a news conference.
Schumer's fellow New Yorker and the House Democratic leader, Rep. Hakeem Jeffries, echoed those priorities on CNN: "We ran on affordability, we won decisively on affordability, and now we have a responsibility to govern on affordability."
With power split between the legislative and executive branches, to what degree Washington avoids gridlock will depend on how Trump wields his veto pen and how the Democrats negotiate with him — and how they follow through on pledges to investigate what they called a corrupt administration.

#democrats #president #administration #leader

(Bloomberg) -- President Donald Trump's social media company and meme coin both plunged after Democrats won a decisive victory in the midterm elections, dinging the multibillion-dollar fortune of a president whose slew of new business ventures became a defining feature of his second term.
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#president #offers

WASHINGTON (AP) — President Donald Trump reacted Wednesday to Republicans' midterm election losses by showing off the White House ballroom he's building as he demonstrated the kind of detached behavior that voters around the country said was a key reason they opted to punish his party.
In an extraordinary scene, Trump summoned reporters to the hulking construction site that he demolished the East Wing to make room for and the Republican president spoke for nearly 20 minutes about minute building details. He did not mention his party losing control of Congress after defeats in some of the country's deepest GOP strongholds, including Texas and South Carolina, or voter concerns about the high cost of living and federal corruption that helped cause the election losses.
"This has been a structure the likes of which has never been seen anywhere," Trump said, speaking into a microphone that sent loud feedback echoing around the cavernous ***** e.
He talked at length about how the ballroom would be the "safest place in Washington" upon completion, stretching five stories underground and featuring a cut of marble that he called "a vein that people have been after for 50 years."
"We have large staircases coming from the kitchen. If I put the kitchen on top, you would lose three walls, because a kitchen takes about 30% of the ***** e," Trump said of his choice to make the ballroom's kitchen subterranean.

#president #election

WASHINGTON (AP) — At the urging of President Donald Trump, Republicans in eight states redrew the boundaries of dozens of congressional districts over the past year while angling for an edge that could help them hold onto a slim House majority in a tough midterm election.
Ultimately, it didn't work.
Republicans lost most of the Democratic-held seats they had targeted to flip, lost others they had banked on retaining and got swept out of power by a Democratic surge fueled by voter dissatisfaction with Trump, the economy and the war with Iran.
The Republican redistricting plan fell flat in Alabama, Florida and Texas. It got scuttled by courts in Missouri and then firmly defeated by its voters Tuesday. And it got offset in California, where a retaliatory Democratic redistricting flipped all five of the Republican-held seats it targeted.
"This is a catastrophic rebuke of Donald Trump's failed effort to gerrymander the country into oblivion to save the U.S. House of Representatives for himself," John Bisognano, president of the National Democratic Redistricting Committee, said Wednesday.

#redistricting #donald #House

Stocks soared Wednesday as investors reacted to a clean sweep by Democrats in the midterm election.
Stocks were initially down when results started to roll in Tuesday night, in part due to fears of a data center crackdown, but futures turned green later in the evening, and all three major indexes soared on Wednesday.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
It wasn't immediately clear why stocks jumped on the results, though it appeared to be a combination of several factors. Investors were glad to see pushback on the Trump administration validated, including on inflation and the war in Iran. Investors tend to like a divided government, and with Democrats gaining solid control of both houses of Congress, they clearly have that. Finally, President Trump was surprisingly conciliatory, saying he would "absolutely accept the results of the election," and was willing to work with Democrats, which could pave the way to a productive Congressional term.
Among the winning sectors today was housing, which has languished over the last two years due to high mortgage rates and weak housing turnover. The State Street SPDR S&P Homebuilders ETF (NYSEMKT:XHB) closed up 5.4%, reaching its highest point in more than two months, while Home Depot (NYSE:HD) and Lowe's (NYSE:LOW), the two leading home improvement retailers, were up as well. Home Depot finished up 6.5%, and Lowe's jumped 7.5%.

#home

Premiums for Medicare prescription drug coverage will jump an average of 50% in 2027, which may push normally complacent enrollees to shop around during this open-enrollment period.
The estimated average monthly premium for Medicare Part D stand-alone prescription drug plans (PDPs) is projected to be $51 in 2027, a 50% increase over 2026, when that figure was $34, according to KFF, a healthcare research and policy firm. Average monthly premiums for the eight national prescription drug plans are projected to range from around $6 to $204 in 2027, KFF said.
These stocks have soared the most today after the Democrats trounced Trump
Midterm elections deliver a 'blue wave.' The stock market sees green.
"With some plans increasing premiums substantially, the stakes are higher this year for people with Medicare stand-alone drug coverage if they sit on the sidelines during open enrollment," said Juliette Cubanski, a vice president and director of the program on Medicare policy at KFF. "There are relatively low-premium PDP options, but people facing large premium increases need to take action if they want to avoid paying significantly more."

#medicare #premium #around

WASHINGTON (AP) — President Donald Trump gave extended comments Wednesday, not about the Republican Party's midterm election wipeout but instead justifying his building a sprawling White House ballroom.
Trump invited reporters into a cavernous construction site and talked about the building project for nearly 20 minutes without mention sweeping Republican defeats around the country the night before.
"This has been a structure the likes of which has never been seen anywhere," Trump said before watching crews erect what he said would be the project's last beam and even signing what was being built.
The president had no public events on his schedule originally, but called reporters together at the last minute. He also briefly took questions, insisting, "If I were on the ballot I would have won."
He said a series of rallies he held leading up the election featured a lot of love from his supporters that "we weren't able to transfer love to the candidates."

#election

Voters in seven states weighed in on property tax relief measures on Tuesday, part of an ongoing property tax revolt that has developed in recent years as home prices and **** sed values soared while incomes have largely failed to keep up. The outcomes were mixed, with voters in Florida and North Carolina overwhelmingly approving amendments designed to cut or cap taxes, while Wyoming and Oklahoma voters rejected tax-limiting measures.
The split results reflect the complicated trade-offs between limiting unpopular and fast-rising taxes and funding public services.
"Property tax bills are rising far faster than inflation and even home valuations," said Nicole Fox, a policy **** yst at the Tax Foundation. "People are noticing."
Read more: Democrats win Congress, eye healthcare, tariffs, and Trump's allies
The most sweeping effort to lower taxes came in Florida, where 62% of voters approved a major property tax cut that will increase the amount of a home's value that can be exempted from non-school homestead property taxes, effectively eliminating those taxes entirely in some parts of the state.

#measures #rising #tuesday

Updated on: November 4, 2026 / 1:45 PM EST / CBS News
Washington — President Trump has been asking advisers around him and on the phone whether Defense Secretary Pete Hegseth should stay in his job, following Republicans' catastrophic losses Tuesday night, multiple sources familiar with the matter tell CBS News.
Some White House aides have predicted some of the blame for GOP midterm losses will be trained on Adm. Brad Cooper, the head of U.S. Central Command, and Chairman of the Joint Chiefs of Staff Gen. Dan Caine, who both played big roles in guidance on the Iran war.
Still, other sources said the president hasn't decided to replace Hegseth. Before the election, Democrats were already trying to impeach Hegseth, and the likelihood of an impeachment effort could increase with Democrats holding strong majorities in both chambers.
Vice President JD Vance is blaming the war for the GOP defeat. "The reason we lost is the war," he said in a lengthy post on X Wednesday morning.

#sources #washington #defense

Tech billionaire Elon Musk joked on Wednesday about Republicans' defeat in US midterm elections after spending hundreds of millions of dollars to help the party.
Democrats seized control of the US Congress on Tuesday, capturing both the Senate and House of Representatives in a stunning rejection of President Donald Trump's political agenda.
"Guess my election-interfering **** e lasers didn't work this time," Musk said on X, including the shrug emoji.
Musk contributed nearly half a billion dollars to Republican political efforts, making him the largest individual contributor in a federal election cycle since unlimited election spending was allowed in 2010, according to campaign finance tracker OpenSecrets.
His donations have mostly gone to his Republican-leaning America PAC, as well as to the Republican Senate Leadership Fund (SLF) super PAC.

#republican #senate #spending #dollars

President Donald Trump spent two months urging Americans to pretend he was on the ballot. On Tuesday, they did just that.
Voters delivered a stunning rebuke to Trump's party that rivaled anything Republicans had suffered in 50 years, defeats on ruby-red turf that Trump won handily just two years ago, where he has dominated politics for nearly a decade and against candidates he had in some cases handpicked.
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Not only did Democrats flip Senate and governor seats in red states, but at times by eye-popping margins.
"The message is very clear and very simple here. It was a complete repudiation of the party as defined by Donald Trump," said Mike Murphy, a Los Angeles-based Republican consultant who worked for candidates in the pre-Trump GOP, including Jeb Bush and John McCain.

#donald

Trump’s political lieutenants are trying to shift the blame onto lazy candidates, but Republicans on Capitol Hill and beyond are not buying it.
Attendees react at the conclusion of concession speeches during a midterm election night watch party with Ohio Republican candidates in Columbus, Ohio, on Nov. 3, 2026. | Jon Cherry/Getty Images
11/04/2026 5:55 AM EST

#ohio #republican #cherry

Democrats retook power in Washington on Tuesday, flipping key House and Senate seats to command majorities in both chambers of Congress.
The power shift creates a new platform for Democrats to launch investigations of President Trump's economic allies — Elon Musk, to name one — and pass bills that may be unlikely to become law but will mark a sharp change in the political climate for business leaders and economic issues after two years of unified Republican control.
The change also appears set to elevate figures like Democratic Sen. Elizabeth Warren and others to prominent positions with oversight over economic policy.
Read more: What a Democratic sweep means for stocks
Democrats are planning "a shock-and-awe legislative sprint," the New York Times reported, on issues like healthcare subsidies and Trump's tariffs, which could prompt a wave of bills to pass the House but stall against the 60-vote threshold in the Senate. Even in the minority, Senate rules mean Republicans retain the power to stop legislation.

#issues

BUFFALO Funds, an actively managed mutual fund advised by Kornitzer Capital Management, released its third-quarter 2026 investor letter for "Buffalo Growth Fund". The letter can be downloaded here. The Buffalo Growth Fund advanced 4.57% in Q3, significantly outperforming the Russell 3000® Growth Index's 0.45%. The primary driver of this outperformance was stock selection in Information Technology, particularly among hyperscaler stocks that benefited from higher cloud revenue. However, rising oil prices and inflation challenged the market, prompting the Federal Reserve to raise interest rates for the first time since July 2023 and prompting caution within the Fund. The fund has reduced some positions, noting the cost of capital's impact on business models. There is optimism for hyperscalers following the upcoming Anthropic IPO, which could provide investor transparency for future capex. Also, check the Fund's top five holdings to see its best picks for 2026.
In its Q3 2026 investor letter, Buffalo Growth Fund noted that it sold its position in SanDisk Corporation (NASDAQ:SNDK) during the quarter. SanDisk Corporation (NASDAQ:SNDK) is a US-based semiconductor company that provides data storage devices and solutions using NAND flash technology for AI developers and enterprise workloads. On November 03, 2026, SanDisk Corporation (NASDAQ:SNDK) closed at $1,126.52, with a $160.29 billion market capitalization. Driven by strong momentum, SanDisk Corporation (NASDAQ:SNDK) has surged 335.83% year-to-date, trading within a 52-week range of $164.56 to $2,354.39.
Buffalo Growth Fund stated the following regarding Sandisk Corporation (NASDAQ:SNDK) in its Q3 2026 investor letter:
"In the previous quarter we determined the portfolio was lacking exposure to the memory ***** e and initiated small positions in both Micron and Sandisk Corporation (NASDAQ:SNDK). Unfortunately, the timing on Sandisk was poor as the stock advanced rapidly through the end of June and then experienced the bottom drop out with nasty momentum unwind in July. We decided to take losses on Sandisk and move on from a ***** e that has historically been incredibly cyclical. Typically, cyclical businesses like this aren't where we focus our time and this experience reminded us of that."
Sandisk Corporation (NASDAQ:SNDK) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. As per our database, 128 hedge fund portfolios held Sandisk Corporation (NASDAQ:SNDK) at the end of the second quarter which was 114 in the previous quarter. While we acknowledge the potential of Sandisk Corporation (NASDAQ:SNDK) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

#Growth

Things were quite a bit different 24 years ago.
A dozen eggs was less than a dollar. Social media did not exist. And Donald Trump, then just a New York property developer who regularly popped up on TV to play a braggadocious business man — in Pizza Hut commercials, on Wrestlemania and in the Fresh Prince of Bel-Air, among many others — was golf buddies with former president Bill Clinton.
The tax breaks in Trump's 'big beautiful bill' expire after 2028. Here are 4 moves to make before the window closes
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake. Here's what it is and 3 simple steps to fix it ASAP

#Social #things #wrestlemania

Democrats retook power in Washington on Tuesday, flipping key House and Senate seats to command majorities in both chambers of Congress.
The power shift creates a new platform for Democrats to launch investigations of President Trump's economic allies — Elon Musk, to name one — and pass bills that may be unlikely to become law but will mark a sharp change in the political climate for business leaders and economic issues after two years of unified Republican control.
The change also appears set to elevate figures like Democratic Sen. Elizabeth Warren and others to prominent positions with oversight over economic policy.
Read more: What a Democratic sweep means for stocks
Democrats are planning "a shock-and-awe legislative sprint," the New York Times reported, on issues like healthcare subsidies and Trump's tariffs, which could prompt a wave of bills to pass the House but stall against the 60-vote threshold in the Senate. Even in the minority, Senate rules mean Republicans retain the power to stop legislation.

#senate #change

With mere hours left on Election Night before polling closes across America, traders on prediction market platform Polymarket are forecasting an 89% chance (as of 7 p.m. ET) that Democrats sweep and retake both the House of Representatives and the Senate. For context, Republicans enter the midterms with 218 of 435 House seats and 53 of 100 Senate seats.
The potential implications of midterm elections on the Dow Jones Industrial Average (DJINDICES:^DJI), S&P 500 (SNPINDEX:^GSPC), and Nasdaq Composite (NASDAQINDEX:^IXIC) are massive. If a "blue wave" does unfold, things could get dicey, at least over the short run, for a historically expensive stock market.
Missed AI's "Act 1"? Act 2 Could Be 16x Bigger. Most investors think they missed the AI boat because they didn't buy Nvidia in 2005. But according to our ***** ysts, we're only at the end of "Act 1"—the R&D phase. "Act 2" is the global rollout. Continue »
President Trump may soon be working with a divided government. Image source: Official White House Photo by Molly Riley.
President Donald Trump hasn't been keen on the prospect of working with the opposition. In a recent Fox News interview, he proclaimed that "I guess I'll become Mr. Veto" if a blue wave takes shape, and has previously gone on record as stating that he'd "veto everything" sent to him by a Democrat-led Congress.

#House #senate #president #Trump

Throughout the day, Americans from across our great nation have headed to the polls or mailed in their ballots to make their voices heard. According to popular prediction market Kalshi, as of 8:50 p.m. ET, the odds have skyrocketed to better than 99% that Democrats will retake control of the House of Representatives. Regardless of what happens in the Senate, President Trump would be working with a divided Congress come January 2027.
Based on what history tells us, a split Congress can significantly alter annualized return expectations for the Dow Jones Industrial Average (DJINDICES:^DJI), S&P 500 (SNPINDEX:^GSPC), and Nasdaq Composite (NASDAQINDEX:^IXIC).
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
President Trump will likely be working with a divided Congress in the new year. Image source: Official White House Photo by Joyce N. Boghosian.
If prediction markets prove accurate and Democrats do retake one or both houses of Congress, President Donald Trump's second nonconsecutive term will mirror his first. He'll have had two years of full Republican congressional control in the first half of each term, and a divided Congress in the second half of both.

#NVIDIA #signal #divided

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Long before Donald Trump entered the White House, he had a pitch for Bill Clinton — and Clinton warned him that ordinary Americans could end up footing the bill.
At a campaign rally in Tupelo, Mississippi, on Oct. 30, Clinton recalled a time when the two were on friendlier terms.
The tax breaks in Trump's 'big beautiful bill' expire after 2028. Here are 4 moves to make before the window closes
A record 45% of central banks plan to grow gold reserves — and many investors are following suit. Get your free gold IRA guide from Priority Gold

#long

President Donald Trump said he'd be willing to offer pardons to Elon Musk and other close allies if the Democrats win Tuesday's midterm elections.
The president made the comments during an interview with the New York Post released on Nov. 2. Trump dismissed a suggestion that Democrats would attempt to nationalize Musk's ****** eX and said he would be willing to offer pardons to any of his allies targeted by investigations.
The tax breaks in Trump's 'big beautiful bill' expire after 2028. Here are 4 moves to make before the window closes
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake. Here's what it is and 3 simple steps to fix it ASAP

#president #willing

Yesterday, tens of millions of Americans made their voices heard by casting or mailing in their ballots. These votes have charted a new course for America, with Democrats taking firm control of the House of Representatives and the Senate, according to the **** ociated Press. Starting in early January, President Donald Trump will be working with a Democrat-led Congress.
This congressional shake-up is a big win for Democrats. But at the end of the day, there's an even bigger winner: Wall Street's major stock indexes -- the Dow Jones Industrial Average (DJINDICES:^DJI), S&P 500 (SNPINDEX:^GSPC), and Nasdaq Composite (NASDAQINDEX:^IXIC) -- and investors.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
President Trump will be working with a Democrat-led Congress in early January. Image source: Official White House Photo by Daniel Torok.
President Trump has enjoyed a unified Republican government in the first two years of both of his nonconsecutive terms. In each case, Congress passed, and he signed into law, a major tax and spending bill. The Tax Cuts and Jobs Act (TCJA) (signed December 2017) permanently lowered the peak marginal corporate income tax rate to 21%, fueling S&P 500 share buybacks, while the Big, Beautiful Bill (signed July 2025) made the personal income tax bracket reductions from the TCJA permanent.

#president #Trump #NVIDIA #signal

It was a blue wave big enough to become a blue tsunami.
On Tuesday, the Democratic Party shattered a series of decades-long Republican winning streaks, notched several historic firsts and flipped both the U.S. Senate and House of Representatives as Americans in states and districts that voted to reelect President Trump just two years ago delivered a harsh judgment on the steep tariffs, rising gas prices, aggressive immigration raids and unresolved war in Iran that have so far dominated his second term.
"We didn't win this race by alienating our neighbors or shaming our neighbors or ridiculing our neighbors," Democrat James Talarico said after winning the Senate election in Texas. "We embodied a new kind of politics. A politics rooted in a deep love for our state, for our country and, most importantly, for all of our neighbors."
U.S. Sen.-elect James Talarico speaks during a midterm election night event at the Long Center for the Performing Arts on Nov. 3, 2026, in Austin, Texas.
Votes were still being tallied and key races remained uncalled as Election Day came to an end. But as of 1 a.m. ET on Wednesday, when the last polls closed in Alaska, Democrats were projected to gain more than three dozen seats in the House and as many as nine seats in the Senate — far beyond the three and four seats, respectively, that they needed to retake each chamber. They were also on track to win the majority of governorships for the first time since 2011.

#election

President Donald Trump has been in the White House for nearly six years, spanning two nonconsecutive terms. Over that time, the iconic Dow Jones Industrial Average (DJINDICES:^DJI), benchmark S&P 500 (SNPINDEX:^GSPC), and growth-dependent Nasdaq Composite (NASDAQINDEX:^IXIC) have delivered well-above-average annual returns, compared to most other presidents since the late 1890s.
One of the key catalysts powering Wall Street's bull market, the artificial intelligence (AI) infrastructure build-out, was well underway before Trump's second term began. But make no mistake about it: Wall Street and investors have also benefited immensely from the president's Tax Cuts and Jobs Act (signed into law in December 2017), which lowered the peak marginal corporate income tax rate to 21% (the lowest rate since 1939), fueling record S&P 500 share buybacks.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
President Trump's tariff and trade policy may be doing more harm than good. Image source: Official White House Photo by Molly Riley.
President Trump has also made tariffs a huge part of his economic growth plan. Said Trump,

#Trump #NVIDIA #white #House

MANAMA, Bahrain - The looming possibility of U.S. strikes on Iran has been met with weary nervousness in the Persian Gulf, as Gulf officials double down on efforts to break through a U.S.-Iran impasse that they know will leave their region vulnerable.
Publicly and privately, leaders in Persian Gulf nations, which bore the brunt of Iranian retaliation because they are home to U.S. bases, are calling for de-escalation as concerns about President Donald Trump's war plans grow. Mediators from Qatar arrived in Tehran on Friday as part of the efforts to negotiate an end to the war, according to a person briefed on the talks, who described the trip as a "last-ditch effort to broker an interim deal between Iran and the U.S." that was happening "in coordination with the U.S."
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Trump has seemed open to a deal - but also to resuming strikes, according to a separate official briefed on the talks, who spoke on the condition of anonymity because of the sensitivity of the situation. Vice President JD Vance, special envoy Steve Witkoff and Jared Kushner, Trump's son-in-law and envoy, have been pushing for a deal, the official added, as others - including Defense Secretary Pete Hegseth - appear opposed to it.
"The next two days will be crucial in determining how the situation unfolds," said an Iranian official, who like some others interviewed for this story spoke on the condition of anonymity because of the sensitivity of the situation. The Americans, they added, are "seeking a positive breakthrough" ahead of the midterm elections.

#official #iranian #post