24H | Tesla Gains Another 1%; Trump-Linked Stocks Shine; Oil Stocks Drop

Tiger Newspress10-28 09:56

Tesla shares gained 1% in overnight trading. A day after its sharpest rally since 2013, Tesla’s stock on Friday closed at its highest in more than a year as investors and analysts continued to applaud the electric vehicle company’s third-quarter results.

Trump-linked stocks jumped in overnight trading. Phunware, rose 9.8%; Trump Media & Technology rose 6.2%.

The betting odds on betting platform Polymarket favoring Trump to win the 2024 election rose to 66%, marking their highest level since President Joe Biden withdrew from the presidential race in July. His odds are down to 65% as of Friday.

Crude oil futures sank 5% Sunday, after widely-anticipated Israeli airstrikes against Iran did not hit crucial oil facilities. Oil stocks dropped in overnight trading. ConocoPhillips, Marathon Oil, BP, and Exxon Mobil rose nearly 2%; Occidental, Halliburton, and Schlumberger rose more than 1%.

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