Elon Musk’s support for Donald Trump in the 2024 US election marked a significant turning point, leading to financial gains for Musk with Tesla shares soaring and SpaceX doubling in value. Musk’s political influence is growing as he aligns with leaders like Italy’s Georgia Meloni and considers backing Britain’s Reform Party. Meanwhile, Taylor Swift’s record-breaking $2.1 billion tour has solidified her impact on the entertainment industry and prompted discussions on her economic influence, potentially leading to a movement to protect artists from predatory practices in the industry.
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Why Deckers Outdoor Stock Jumped Today
Shares of Deckers Outdoor (NYSE: DECK), known for brands like Hoka and UGG, rose by 11.7% after the company reported better-than-expected first-quarter results, alleviating investor concerns following a significant stock decline earlier in the year due to tariff fears and weakening consumer sentiment. The positive results reaffirmed confidence in the company's growth trajectory. Want More Context? 🔎
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