"Market Movers: Trump Media, Bitcoin Rise, and Midday Stock Surges"

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Source: Investor's Business Daily
"Market Movers: Trump Media, Bitcoin Rise, and Midday Stock Surges"
Photo: Investor's Business Daily
TL;DR Summary

Dow Jones futures were modestly higher ahead of Tuesday's stock market open, with Nvidia rallying near record highs and former President Donald Trump's social media platform Truth Social expected to debut. Trump Media & Technology Group's common stock and public warrants are set to trade on the Nasdaq under the ticker symbols "DJT" and "DJTWW," respectively. This week's economic data is light, with key earnings reports expected from companies like Jefferies Financial, Paychex, Carnival, and RH. In Monday's stock market, the Dow Jones Industrial Average, S&P 500, and Nasdaq composite all dipped, while tech giants like Microsoft and Meta Platforms were among the biggest losers. Google parent Alphabet, Arista Networks, Duolingo, and DraftKings are among the best stocks to watch, with Alphabet nearing a consolidation's buy point and Duolingo trying to break out past a cup-with-handle's entry.

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