U.S. Election Stock Transactions: The Most Prominent Shares Exchanged During the American Presidential Vote
In the wake of Donald Trump's re-election in November 2024, the US stock market experienced a series of significant shifts. The immediate impacts included a rise in market volatility and bond yields, driven by investor concerns over potential inflation due to anticipated tariff and immigration policies [1].
The 30-year Treasury yield jumped notably on election day, reflecting fears about debt, deficits, and inflation risks associated with a second Trump term [1]. Initially, US stocks surged following Trump’s win as investors anticipated policies benefiting certain sectors and companies, but volatility increased as trade policies, especially tariffs, became more uncertain and expansive [3].
More than half a year into Trump's second term, US equities overall showed positive performance; for example, the S&P 500 gained around 8.4% year-to-date through mid-2025 despite the ups and downs tied to trade tensions and tariff announcements [2][3].
Regarding specific companies like Tesla, Nvidia, and MicroStrategy, their immediate stock reactions post-election are not explicitly detailed. However, the broader trends provide some insight.
Tesla and Nvidia, as beneficiaries of policies supporting technology, AI, and manufacturing reshoring prioritized by Trump's administration, likely gained advantages through executive orders and legislation like the One Big Beautiful Bill Act, which includes tax incentives and investments in AI infrastructure and chip manufacturing [3][5].
MicroStrategy, a firm known for significant bitcoin holdings, likely experienced positive impacts from Trump's more bullish stance on cryptocurrency, including the signing of major federal crypto legislation and public promotion of America as the "crypto capital of the planet" post-election. Bitcoin’s price notably surpassed $100,000 around this time, causing bitcoin ETFs and related companies like MicroStrategy to enjoy a tailwind [4].
Trump’s extended tariffs and trade negotiations affected some sectors directly, but companies involved in energy, aerospace, defense, and technology innovation were positioned to benefit, which may include Tesla’s investments in energy products and innovation [3][5].
Other notable inclusions in the top ten traded stocks on election day are Coinbase, MARA Holdings, and MicroStrategy. MARA is one of the largest bitcoin miners, and Trump had promised to make America 'the crypto capital of the planet' during the election campaign.
In summary, Trump’s re-election led to a sharp increase in market volatility and bond yields initially, followed by a rally in stocks tied to expectations for deregulation, tariff-driven reshoring, AI investments, and crypto support. Tesla, Nvidia, and MicroStrategy likely saw positive impacts aligned with these sectoral policies, though the market experienced elevated fluctuations due to tariff uncertainties [1][2][3][4][5]. Investors have been adding US stocks like Tesla, Nvidia, MicroStrategy, and Microsoft to their portfolios over the past few months.
- Investors have been adding companies like Tesla, Nvidia, MicroStrategy, and Microsoft to their portfolios over the past few months, as these companies are likely to see positive impacts aligned with the sectoral policies benefiting technology, AI, manufacturing reshoring, and cryptocurrency support instigated by Trump's re-election.
- The One Big Beautiful Bill Act, executive orders, and legislation supported by Trump's administration, provide advantages to companies like Tesla and Nvidia, as they are beneficiaries of policies that prioritize technology, AI, and manufacturing reshoring.
- Investors are closely monitoring financial news and general-news outlets for updates on trade policies, especially tariffs, as these uncertainties contribute to increased market volatility, impacting the performance of companies like Tesla and Nvidia.
