Trump unleashes DOGE; stocks, bitcoin and gold keep climbing
‘The Claman Countdown’ host Liz Claman reports on the crypto surge after SEC Chair Gary Gensler’s decision to leave his position once Trump takes office.
– While President-elect Trump is busy building his cabinet, the DOGE team is already hard at work
– Wall Street CEO gets nod for commerce secretary, treasury favorite picked after tight race
– Bitcoin nears $100K as U.S. stocks wrap up a winning week, along with big gains for gold
– Nvidia CEO tells FOX Business why his company is dominating the AI race
– Tariffs are just talk right now, but Walmart and TJX, owner of Marshalls and TJ Max, are telling customers what to expect
– SEE IT: Disney’s newest cruise ship sets sail
– The $6 million-plus banana that sold at Sotheby’s is not fake news
– Butterball CEO talks Thanksgiving turkey
DOGE STEPPING UP: Elon Musk and Vivek Ramaswamy, co-heads of the Department of Government Efficiency are already hard at work, setting up the chopping block……continue reading here.
VIDEO: DOGE will have no shortage of options to cut waste, says Kevin O’Leary.
TRUMP’S WALL STREET PICKS: In a tight race, Scott Bessent, former investment manager for George Soros, got the nod for treasury secretary late Friday, FOX Business confirmed…continue reading here.
VIDEO: Scott Bessent’s recent interviews on the economy, Trump
Cantor Fitzgerald CEO Howard Lutnick, well known for helping rebuild his company after the 9/11 tragedy claimed over 658 employees, including his brother, is in line to become the next commerce secretary… continue reading here.
VIDEO: Cantor Fitzgerald CEO Lutnick talks to FOX Business on 9/11 anniversary
WHITE HOUSE, POST ELECTION LATEST
STOCKS GRIND HIGHER: U.S. stocks rallied on Friday to wrap a winning week…more on the markets here.
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| I:DJI | DOW JONES AVERAGES | 44296.51 | +426.16 | +0.97% |
| SP500 | S&P 500 | 5969.34 | +20.63 | +0.35% |
| I:COMP | NASDAQ COMPOSITE INDEX | 19003.651134 | +31.23 | +0.16% |
This as Bitcoin flirted with $100,000. The largest cryptocurrency by market value has gained over 40% since Election Day…LIVE cryptocurrency prices here.
Helping drive the rally, say investors, is not only Trump’s pro-crypto stance but a decision by SEC Chairman Gary Gensler to resign rather than be fired by the president-elect…continue reading here.
VIDEO: Why bitcoin’s momentum is not a fad.
SHINING BRIGHT: Gold also got its groove back, registering the largest one-week percentage gain since March 17, 2023, hitting $2,709.90 an ounce…check ETF GLD, the largest gold fund.
THE ETF REPORT: FOXBUSINESS.COM
SUPER STOCK: Nvidia’s quarterly results did not disappoint…continue reading here. The AI superpower has become so big, the top three best performing exchange-traded funds of 2024 let investors bet on and against the company…continue reading here.
Check Nvidia’s stock price here
VIDEO: Nvidia CEO on his company being king of the world.
TARIFF NERVES:…
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