financetom
Forex World Market Business Cryptocurrency Commodities MAP
financetom
Business
financetom
/
Business
/
Alphabet, Tesla Hit Record Highs Wednesday as Trump Appoints Andrew Ferguson to FTC Chair
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Alphabet, Tesla Hit Record Highs Wednesday as Trump Appoints Andrew Ferguson to FTC Chair
Dec 12, 2024 4:33 AM

07:04 AM EST, 12/12/2024 (MT Newswires) -- Alphabet (GOOG, GOOGL) and Tesla (TSLA) shares hit record highs on Wednesday after President-elect Donald Trump appointed Andrew Ferguson as chair of the US Federal Trade Commission.

Ferguson has a "proven record" of standing up to big tech censorship, Trump said in a Truth Social blog post.

On Wednesday, Alphabet's stock closed up 5.5% to $196.71, while Tesla's shares rose 5.9% to $424.77. The EV maker surpassed $1 trillion in market capitalization on Nov. 8.

The Nasdaq Composite closed above the 20,000 level for the first time Wednesday as markets assessed official data showing that consumer inflation accelerated in line with Wall Street's projections last month.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Miner backed by Canada province vows to compete with China in rare earths
Miner backed by Canada province vows to compete with China in rare earths
Oct 3, 2024
TORONTO (Reuters) -The Canadian province of Saskatchewan has vowed to compete with China in processing and production of rare earths and become the first North American commercial alternative source for the metals, used to make magnets for electric vehicles and wind turbines. The Saskatchewan Research Council Rare Earth Processing facility is betting on demand for these magnets to jump in...
 Mexico issues red alert as Hurricane John barrels toward southern coast
Mexico issues red alert as Hurricane John barrels toward southern coast
Oct 3, 2024
PUERTO ESCONDIDO, Mexico, Sept 23 (Reuters) - Mexico's top disaster agency issued a red alert for parts of the country's southern Pacific coast on Monday after Hurricane John rapidly strengthened to a Category 2 storm and threatened to get stronger before making landfall in the coming hours. The national Civil Protection agency issued its most serious warning for coastal regions...
 BP shutting in oil output, evacuating US Gulf of Mexico platforms ahead of storm
BP shutting in oil output, evacuating US Gulf of Mexico platforms ahead of storm
Oct 3, 2024
HOUSTON, Sept 23 (Reuters) - Oil major BP on Monday shut in oil and gas production at two U.S. Gulf of Mexico platforms and curtailed output at two others ahead of a storm predicted to become a major hurricane. The U.S. National Hurricane Center said a potential Tropical Cyclone in the Caribbean was expected to intensify later this week and...
 Canada's antitrust regulator wins case against Cineplex over alleged misleading ticket prices
Canada's antitrust regulator wins case against Cineplex over alleged misleading ticket prices
Oct 3, 2024
Sept 23 (Reuters) - Canada's competition regulator on Monday said the Competition Tribunal found that Cineplex ( CPXGF ) engaged in drip pricing by adding a mandatory $1.50 online booking fee. Cineplex ( CPXGF ) was ordered to pay a penalty of nearly $39 million dollars, the Competition Bureau said in a release. ...
About
Terms and Conditions Privacy policy Cookie Settings Contact Us
Services
Login register
financetom Market Personal Finance Business Economy Cryptocurrency MAP
Links
zpostcode Recruit weather mreligion Yellowpages sport constellation shopping name game directory literature Word tour furnish Lottery tftnews lyrics News digital car dir Edu Finance
Copyright 2023-2026 - www.financetom.com All Rights Reserved