News
Media, Tech Stocks Rise After Election - But Not All
Media and technology stocks surged following Tuesday’s Democratic election sweep, Deadline writes. Comcast and Disney both rose by 5%, Netflix and Skydance by 4%. Some tech stocks
saw even stronger growth, including Amazon (7%), Microsoft (6%) and Snap (6%). But Nvidia fell by 2%, and Elon Musk’s SpaceX declined by 3% and Tesla by 2% after Musk spent hundreds
of millions of dollars backing conservative candidates in the race.