Tech Up as Tesla, Bitcoin Cos Surge -- Tech Roundup

Dow Jones11-12

Shares of technology companies rose slightly as traders piled into high-risk areas.

Shares of Tesla surged, as traders anticipated that Chief Executive Elon Musk's stalwart support of Donald Trump will pay off. "It seems the cozy relationship between Musk and the President-elect have investors thinking there may somehow be upside for the quintessential EV company," said J.D. Joyce, president of Houston financial advisory Joyce Wealth Management.

Shares of MARA Holdings, the cryptocurrency mining firm formerly known as Marathon Digital, jumped after the company said it added more capacity in Ohio in anticipation of more growth. Bitcoin prices topped $85,000 for the first time ever, amid bets that the second Trump administration would follow through on the candidate's vows to be supportive of the digital currency.

Shares of software firm MicroStrategy, which has long been one of the most aggressive corporate buyers of bitcoin, surged. The "volatility in the broader semiconductor sector is likely to pick up as more details on the latest round of export controls emerge, while potential tariffs during President-elect Donald Trump's second term could create additional headwinds," said Solita Marcelli, chief investment officer at money manager UBS Global Wealth Management.

Shares of online trading app Robinhood surged in late trading after it posted a sharp increase in assets under management.

Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

November 11, 2024 17:38 ET (22:38 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2482762245?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-11-12 06:38","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2482762245","market":"us","top_or_hot":-1,"title":"Tech Up as Tesla, Bitcoin Cos Surge -- Tech Roundup","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  Shares of technology companies rose slightly as traders piled into high-risk areas. \n</p>\n<p>\n  Shares of Tesla surged, as traders anticipated that Chief Executive Elon Musk's stalwart support of Donald Trump will pay off. \"It seems the cozy relationship between Musk and the President-elect have investors thinking there may somehow be upside for the quintessential EV company,\" said J.D. Joyce, president of Houston financial advisory Joyce Wealth Management. \n</p>\n<p>\n  Shares of MARA Holdings, the cryptocurrency mining firm formerly known as Marathon Digital, jumped after the company said it added more capacity in Ohio in anticipation of more growth. Bitcoin prices topped $85,000 for the first time ever, amid bets that the second Trump administration would follow through on the candidate's vows to be supportive of the digital currency. \n</p>\n<p>\n  Shares of software firm MicroStrategy, which has long been one of the most aggressive corporate buyers of bitcoin, surged. The \"volatility in the broader semiconductor sector is likely to pick up as more details on the latest round of export controls emerge, while potential tariffs during President-elect Donald Trump's second term could create additional headwinds,\" said Solita Marcelli, chief investment officer at money manager UBS Global Wealth Management. \n</p>\n<p>\n  Shares of online trading app <a href=\"https://laohu8.com/S/HOOD\">Robinhood</a> surged in late trading after it posted a sharp increase in assets under management. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Rob Curran at rob.curran@dowjones.com \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 11, 2024 17:38 ET (22:38 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tech Up as Tesla, Bitcoin Cos Surge -- Tech Roundup</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTech Up as Tesla, Bitcoin Cos Surge -- Tech Roundup\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-12 06:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://dowjonesnews.com/newdjn/logon.aspx?AL=N><strong>Dow Jones</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of technology companies rose slightly as traders piled into high-risk areas. \n\n\n  Shares of Tesla surged, as traders anticipated that Chief Executive Elon Musk's stalwart support of Donald ...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4581","symbol_name":"高盛持仓","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2482762245","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2482762245","pubTimestamp":1731364680,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Shares of technology companies rose slightly as traders piled into high-risk areas.Shares of Tesla surged, as traders anticipated that Chief Executive Elon Musk's stalwart support of Donald Trump will pay off. \"It seems the cozy relationship between Musk and the President-elect have investors thinking there may somehow be upside for the quintessential EV company,\" said J.D. Joyce, president of Houston financial advisory Joyce Wealth Management.Shares of MARA Holdings, the cryptocurrency mining firm formerly known as Marathon Digital, jumped after the company said it added more capacity in Ohio in anticipation of more growth. Bitcoin prices topped $85,000 for the first time ever, amid bets that the second Trump administration would follow through on the candidate's vows to be supportive of the digital currency.Shares of software firm MicroStrategy, which has long been one of the most aggressive corporate buyers of bitcoin, surged. The \"volatility in the broader semiconductor sector is l","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"83042":"华夏比特币-R","BK4581":"高盛持仓","09008":"博时比特币-U","TSLA":"特斯拉","BK4099":"汽车制造商","LU2602419157.SGD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"AC\" (SGD) ACC","LU2756315318.SGD":"ALLIANZ INCOME AND GROWTH \"AMG\" (SGDHDG) INC A","BK4516":"特朗普概念","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","03008":"博时比特币","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","03439":"嘉实比特币","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU0082616367.USD":"摩根大通美国科技A（dist）","BK4534":"瑞士信贷持仓","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","LU0056508442.USD":"贝莱德世界科技基金A2","BK4594":"比特币ETF概念","09042":"华夏比特币-U","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4555":"新能源车","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","LU0964807845.USD":"ALLIANZ INCOME & GROWTH \"A\" (USD) INC","IE00BJLML261.HKD":"HSBC GLOBAL EQUITY INDEX \"HCH\" (HKD) ACC","TSLL":"Direxion Daily TSLA Bull 2X Shares","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","LU0234572021.USD":"高盛美国核心股票组合Acc","03042":"华夏比特币","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","BK4527":"明星科技股","LU2063271972.USD":"富兰克林创新领域基金","LU2756315664.SGD":"ALLIANZ INCOME AND GROWTH \"AMI\" (SGDHDG) INC","SG9999015945.SGD":"LionGlobal Disruptive Innovation Fund A SGD","BK4550":"红杉资本持仓","BK4588":"碎股","LU0823414478.USD":"法巴经典能源转换基金","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU1145028129.USD":"ALLIANZ INCOME AND GROWTH \"AQ\" (USD) INC","LU0097036916.USD":"贝莱德美国增长A2 USD","09439":"嘉实比特币-U","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","SG9999015978.USD":"利安颠覆性创新基金A","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","BK4551":"寇图资本持仓","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC"},"translate_title":"特斯拉、比特币公司股价飙升，科技股上涨——科技综述","themeId":"d1de7783ddd6423f29c5f1786ff0d44e","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"83042":0.6,"03042":1,"TSLL":1,"TSLA":1,"03008":1,"03439":1,"09439":1,"09008":1,"09042":1},"content_text":"Shares of technology companies rose slightly as traders piled into high-risk areas. \n\n\n  Shares of Tesla surged, as traders anticipated that Chief Executive Elon Musk's stalwart support of Donald Trump will pay off. \"It seems the cozy relationship between Musk and the President-elect have investors thinking there may somehow be upside for the quintessential EV company,\" said J.D. Joyce, president of Houston financial advisory Joyce Wealth Management. \n\n\n  Shares of MARA Holdings, the cryptocurrency mining firm formerly known as Marathon Digital, jumped after the company said it added more capacity in Ohio in anticipation of more growth. Bitcoin prices topped $85,000 for the first time ever, amid bets that the second Trump administration would follow through on the candidate's vows to be supportive of the digital currency. \n\n\n  Shares of software firm MicroStrategy, which has long been one of the most aggressive corporate buyers of bitcoin, surged. The \"volatility in the broader semiconductor sector is likely to pick up as more details on the latest round of export controls emerge, while potential tariffs during President-elect Donald Trump's second term could create additional headwinds,\" said Solita Marcelli, chief investment officer at money manager UBS Global Wealth Management. \n\n\n  Shares of online trading app Robinhood surged in late trading after it posted a sharp increase in assets under management. \n\n\n \n\n\n  Write to Rob Curran at rob.curran@dowjones.com \n\n\n  (END) Dow Jones Newswires\n\n\n  November 11, 2024 17:38 ET (22:38 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2482762245"}