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Media, Tech Stocks Rise After Election - But Not All

MediaPost.com: MediaDailyNews · last updated
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.