Republican candidate Donald Trump declared his victory in the 2024 U.S. presidential election on Wednesday, describing it as the “greatest political movement ever” and stating that he has “made history” with this win. Trump expressed his gratitude to his supporters and thanked them for helping him secure a second term as President of the United States. This announcement came after he took the lead in critical states such as Pennsylvania, North Carolina, and Wisconsin.

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Trump Media Group Stock Soars 41% After Trump Announces Election Victory and Receives Congratulations from European Leaders
The stock of “Trump Media & Technology Group” surged by 41.28%, reaching $47.95 during pre-market trading on Wednesday following Republican candidate Donald Trump’s announcement of his victory in the U.S. presidential election and his receipt of congratulations from several European leaders.
The stock, associated with the media industry, is seen as an indicator of market expectations regarding Trump’s chances of defeating his Democratic rival, Kamala Harris. Although the vote count has not been officially completed, early results suggest Trump has gained enough votes to become the 47th president of the United States.
This increase follows a 1.16% decline in the stock on Tuesday, closing at $33.94, impacted by voting-related volatility and the group’s announcement of a $19.2 million loss in the third quarter and a 5.6% drop in revenue to $1.01 million.

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Gold Prices Plummet as Dollar Rises After Preliminary Results of Trump’s Presidential Victory
It prices saw sharp declines in early Wednesday trading following the announcement of Republican candidate Donald Trump’s win in the U.S. presidency, according to preliminary results. Fox News reported that Trump won Pennsylvania and Wisconsin, boosting his chances of becoming the 47th president of the United States, with Republicans potentially controlling both the House and Senate.
The preliminary results drove the U.S. dollar to its highest level since July, reaching 105.013 points, up by 1.53%. This surge in the dollar decreased demand for dollar-priced commodities, leading to a drop in gold prices. Spot gold prices fell by about 0.64% to $2,726.06 per ounce, while gold futures dropped by 0.51% to $2,735.55 per ounce.

Trump Declares Victory in Presidential Election

Trump Declares Victory in Presidential Election

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