Trump's Win Was Great for Stock Markets—but Not Everyone Saw a Boom [Yahoo! Finance]
Live Nation Entertainment, Inc. (LYV)
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Source: Yahoo! Finance
political return this year—tempering their onetime critiques of the candidate and the GOP, hedging their bets in the lead-up to Election Day, forbidding their media apparatuses from endorsing Kamala Harris, and lining up to kiss the ring soon after Trump's win became clear. The money spoke, as it always does in U.S. elections, and the returns are pouring in for this newfound era of “Trump trades” that capitalize on democratic decline and power consolidation. After Trump's victory speech, capitalism's hype machines—with the notable exception of the bond markets —roared with approval. Every major traditional stock index surged to record heights after Election Day and has kept up the rally , so far. Cryptocurrencies are headed to the moon, as Bitcoin's all-time-high valuations shower blessings upon the broader virtual-asset sector, and as Trump's own crypto venture promises to launch its own dollar-backed stablecoin . That “digital gold” has triumphed over real gold , and the U.S. doll
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Earnings
- 11/11/24 - Beat
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Sec Filings
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- 11/12/24 - Form 10-Q
- 10/2/24 - Form 4/A
- LYV's page on the SEC website