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HomeBitcoin NewsMarket Update: Trump Incident, Stocks, Bitcoin, Tesla

Market Update: Trump Incident, Stocks, Bitcoin, Tesla

Billionaire Activist

Bill Ackman, the billionaire hedge fund activist, hasn’t been vocal about outright supporting former President Donald Trump…until this weekend.

Ackman has been at the forefront of business leaders condemning antisemitism across college campuses, including his own Alma Mater Harvard.

BlackRock on Trump

BlackRock, the world’s largest asset manager with over $10 trillion in assets, issued a statement following the attempted assassination of former President Donald Trump.

Developing Story

Stock futures steady

U.S. stock futures were steady early Sunday evening, registering modest gains, following the shooting of former President Donald Trump who survived with minor injuries at a campaign rally in Pennsylvania. The shooter, Thomas Matthew Crooks, was killed by law enforcement.

Investors will continue to digest the events over the weekend heading into a full week of earnings as the second quarter reporting season heats up with Charles Schwab, Goldman Sachs and AmEx set to release results.

U.S. equities have been on a tear with the Dow Jones Industrial Average, topping 40,000, while the S&P 500 hovers near an all-time high, as the market preps for a potential rate cut as early as September following last week’s cooling CPI inflation data.

Elon Musk speaks out

Tesla CEO Elon Musk, one of the first corporate executives to speak out following the attempted shooting of former President Donald Trump, stepped up his support of the GOP’s candidate.

Bezos on Trump

Amazon founder Jeff Bezos, who has a history of butting heads with Trump, complimented the former president on his bravery amid an attempt on his life.

Developing Story

Trump assassination latest

Following the attempted assassination on former President Donald Trump, Fox News is following all the developments as new details emerge about the shooter and law enforcement’s handling of the events that took place at a Pennsylvania rally on Saturday.

Summary of Key Articles:

  1. Billionaire Activist (Jul 14, 2024, 19:33 EDT)
    • Bill Ackman, a prominent billionaire hedge fund activist, has shown support for former President Donald Trump for the first time. Ackman is also known for condemning antisemitism at various college campuses, including Harvard.
  2. BlackRock on Trump (Jul 14, 2024, 18:41 EDT)
    • BlackRock, the largest asset manager globally, issued a statement following the attempted assassination of former President Donald Trump.
  3. Stock Futures Steady (Jul 14, 2024, 18:24 EDT)
    • U.S. stock futures showed modest gains following the shooting of former President Donald Trump, who survived with minor injuries. The shooter, Thomas Matthew Crooks, was killed by law enforcement. The market is also preparing for a potential rate cut, influenced by recent cooling inflation data.
  4. Elon Musk Speaks Out (Jul 14, 2024, 18:15 EDT)
    • Tesla CEO Elon Musk expressed his support for the GOP’s candidate following the attempted shooting of former President Donald Trump.
  5. Bezos on Trump (Jul 14, 2024, 18:15 EDT)
    • Jeff Bezos, Amazon founder, praised Donald Trump’s bravery following the assassination attempt, despite their history of conflicts.
  6. Trump Assassination Latest (Jul 14, 2024, 18:15 EDT)
    • Coverage continues on the attempted assassination of former President Donald Trump at a Pennsylvania rally. Fox News is reporting new details about the shooter and law enforcement’s response.
      Overall Context:
      The news cycle has been dominated by the attempted assassination of former President Donald Trump during a rally in Pennsylvania. Key business leaders such as Bill Ackman, Elon Musk, and Jeff Bezos have publicly commented on the incident. The event has also influenced financial markets, with stock futures showing resilience and modest gains.
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