Your daily adult tube feed all in one place!
Trump Media shares surge after assassination attempt
Shares in Donald Trump's social media company surged in early trading on Monday.
Trump Media & Technology, the parent company of Truth Social, soared more than 35 percent on Monday morning following an assassination attempt against the former president on Saturday.
Trump owns a majority stake in the company, which was valued at $3.8 billion as of June 25 according to LSEG data.
Betting prices also reacted to Saturday's violence by raising the odds of Trump retaking the White House in November.
A contract for Trump winning the election cost $0.67 early Monday morning, according to data from PredictIt, an online marketplace specializing in political event betting.
Truth Social parent company saw a stock boost after Trump was shot at on Saturday
The price reflects a belief there is a 67 percent chance of a Trump victory in November, up from 60 percent on Friday.
Bets on Joe Biden winning the election stood at $0.27.
The Trump Media stock has been extremely volatile since its debut in March.
It ended its first day of active trading valued at $8 billion, but has joined the group of meme stocks which are prone to ricochet between highs and lows.
Smaller-pocketed and novice investors attempt to jump on the stock during an upward momentum, which can cause the price to move sharply.
Shares tanked after Trump was convicted of falsifying business records and rose following President Biden's car crash debate performance last month.
In its latest earnings report in May, Trump Media reported it lost more than $300 million in the first quarter of this year.
Cryptocurrency stocks also rose on Monday as investors saw an increased chance of an election victory for Trump.
Trump has positioned himself as a champion of crypto, in contrast to a more cautious and skeptical Democratic party.
Monday morning trading took Bitcoin to a two-week high of $63,000, and Coinbase Globals and Bitcoin miner Riot Platforms also saw shares climb between 5 and 6.5 percent.
'Investors are becoming more confident of a Trump victory, and it is starting to be more heavily reflected in certain sectors,' Rick Meckler, partner at Cherry Lane Investments told Reuters.
Trump was shot at during a rally in Pennsylvania on Saturday
The former president gestures as he is surrounded by U.S. Secret Service agents
However Meckler said that the overall market was less sensitive to the prospect of either candidate winning.
'Most investors are not changing their overall commitment to U.S. equities' Meckler explained.
Adding: 'After all, the broad stock market rose under the last Trump administration and has risen under the Biden administration as well.'
The S&P 500 had risen by 0.8 percent by 11am EST on Monday.