• Emerge
  • Posts
  • 🚀 Stocks hitting new highs following US election

🚀 Stocks hitting new highs following US election

In partnership with

Learn AI in 5 minutes a day.

What’s the secret to staying ahead of the curve in the world of AI? Information. Luckily, you can join 700,000 early adopters reading The Rundown– the free newsletter that makes you smarter on AI with just a 5-minute read per day.

Market Overview
Read time 1.4 minutes

Year To Date Performances:

Dow Jones  43,724.96 15.94%
S&P 500  5,967.78 25.83%
Nasdaq  19,241.81 30.31%
Russell 2000 2,390.44 18.76%
TSX  24,756.80 18.61%
Bitcoin $75,961.59 79.61%
Ethereum $2,848.41 24.79%
US to Canadian Dollar $1.39 4.76%
  1. U.S. stocks hit record highs Thursday as markets continued to rally following Donald Trump’s election victory, with the S&P 500 rising 0.6% and the Nasdaq gaining 1.2%. The Dow, while flat, had surged over 1,500 points the day before, marking the S&P's best post-election performance on record. Financial stocks, which had soared Wednesday, cooled slightly, with JPMorgan Chase and American Express down. Big Tech, meanwhile, saw gains, with Apple and Nvidia each up over 1%.

  2. Steve Madden plans to reduce its reliance on Chinese imports by 45% over the next year, a response to President-elect Trump’s tariff threats on foreign goods. CEO Edward Rosenfeld explained that the company has already explored sourcing options in countries like Vietnam, Cambodia, and Brazil to mitigate risks. With China currently supplying over 70% of the U.S. imports for Steve Madden, this shift would mean only a quarter of its products might face tariffs. Other brands, facing labor shortages and past supply-chain crises, are also moving production elsewhere, preparing for potential price hikes for U.S. consumers if tariffs proceed.

  3. Bentley Motors is delaying its shift to an all-electric lineup, now targeting 2035 as the earliest it will exclusively offer EVs, while leaning heavily on plug-in hybrids (PHEVs) in the meantime. Originally set to be fully electric by 2030, Bentley now plans to release a new EV or PHEV model each year starting in 2026, citing low current demand for EVs among its luxury buyers. CEO Frank-Steffen Walliser acknowledged that legislation and competitive pressures are pushing Bentley to adapt but stated the brand will continue with traditional engines as long as markets demand them.

  4. Headlines

    1. Caroline Ellison, the former CEO of Alameda Research (FTX’s sister fund), has reported to prison for a two-year sentence.

    2. A Republican sweep could be bad news for stocks which tend to preform better under a divided congress where investors have more stability and predictability,

    * This is sponsored content.

Are you looking to grow your business? Here is how I can help: 

📱Book a Strategy Call to get 1:1 feedback on your pitch, pitch deck and/or fundraising strategy. (If you need general startup advice, then reply to this email, and I’ll let you know if/how I can help.)

Could this be the biggest disruption to Smartphones in the past 15 years? 📲

💥Heads up! There's a new disruptor in smartphones: Mode Mobile. Mode can turn your phone from a cost into an income source — and investors are watching the launch of the company’s pre-IPO offering.1

🤳Mode saw 32,481% revenue growth from 2019 to 2022, ranking them the #1 overall software company on Deloitte’s most recent fastest-growing companies list. Mode’s flagship product EarnPhone, a budget smartphone, has already helped consumers earn & save $325M+.

🫴 Mode’s Pre-IPO offering1 is live at $0.25/share — 20,000+ shareholders already participated in its previous sold-out offering. There’s still time to get in on Mode’s pre-IPO raise and even lock in 100% bonus shares2 … but only until their current raise closes for good.

1 Mode Mobile currently has no formal plans for an IPO.
2 A minimum investment of $1,950 is required to receive bonus shares. 100% bonus shares are offered on investments of $9,950+.
3 Please read the offering circular and related risks at invest.modemobile.com. This is a paid advertisement for Mode Mobile’s Regulation A+ Offering.
Past performance is no guarantee of future results. Start-up investments are speculative and involve a high degree of risk. Those investors who cannot afford to lose their entire investment should not invest in start-ups. Companies seeking startup investment tend to be in earlier stages of development and their business model, products and services may not yet be fully developed, operational or tested in the public marketplace. There is no guarantee that the stated valuation and other terms are accurate or in agreement with the market or industry valuations. Further, investors may receive illiquid and/or restricted stock that may be subject to holding period requirements and/or liquidity concerns.
DealMaker Securities LLC, a registered broker-dealer, and member of FINRA | SIPC, located at 105 Maxess Road, Suite 124, Melville, NY 11747, is the Intermediary for this offering and is not an affiliate of or connected with the Issuer. Please check our background on FINRA's BrokerCheck.

Onwards and Upwards,

Persuade & RaiseLearn how to become a VC-Backed Founder