02:15 PM EST, 11/06/2024 (MT Newswires) -- FREYR Battery ( FREY ) agreed to acquire Trina Solar's US solar manufacturing assets, a 5 gigawatt, 1.35 million square foot solar module manufacturing facility in Texas, for $340 million in cash and stock.

FREYR stock surged 63% as intraday volume topped 38 million shares versus the daily average of about 1.33 million.

Donald Trump's presidency may boost Big Tech and Tesla (TSLA) by driving major artificial intelligence initiatives, potentially easing regulatory barriers and giving Tesla a competitive edge if the US government cuts electric vehicle subsidies and raises China tariffs, Wedbush said.

Tesla jumped 14% with volume topping 130.7 million versus the daily average of about 78 million.

Capital One Financial's ( COF ) planned acquisition of Discover Financial Services ( DFS ) received a boost from Donald Trump's victory in the US presidential election, Bloomberg Intelligence said in a note.

Shares of Discover Financial Services ( DFS ) advanced 18% as volume topped 5.94 million versus the daily average of about 1.25 million.

Price: 1.77, Change: +0.72, Percent Change: +68.48