Large-cap stocks surge following Donald Trump's presidential election victory
Last week, ten large-cap stocks saw significant gains following Donald Trump's victory in the presidential election. Applovin Corporation led with an 82.27% increase after strong quarterly results and positive analyst forecasts. Tempus AI, Inc. rose 49.03% after announcing mixed quarterly results and acquiring Ambry Genetics. Coinbase Global, Inc. gained 45.35%, likely due to investor interest in Trump's potential crypto policies. Other notable gainers included Astera Labs, up 42.57%, and Palantir Technologies, which surged 41.0%. Tesla, Inc. and Robinhood Markets also saw increases of 32.28% and 25.58%, respectively.