"Trump's Iowa Victory Sparks Surge in Linked Stocks and US Dollar"
TL;DR Summary
Shares of Digital World Acquisition, the blank check firm set to take former U.S. President Donald Trump's social media platform public, rose 15% following his victory in the Iowa Republican contest, indicating investor confidence in his potential nomination for the 2024 presidential race. Additionally, software developer Phunware, hired by Trump's 2020 campaign, saw its shares nearly double, while video-sharing platform Rumble, popular with conservatives, gained 5%.
Topics:business#businessfinance#digital-world-acquisition#donald-trump#iowa-republican-contest#social-media#stock-market
- Trump-linked stocks jump after former president's emphatic win in Iowa Republican contest Reuters
- Trump Wins Big in Iowa. Markets Are Focused on a More Pressing Issue. Barron's
- Trump-Tied SPAC Jumps After Former President's Big Iowa Win Yahoo Finance
- Five Things You Need to Know to Start Your Day: Americas Bloomberg
- US Dollar jumps higher while Trump wakes up the US Dollar bulls FXStreet
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