5 Things You Might Not Know About J.D. Vance: 'Hillbilly Elegy' Author, Bitcoin Holder, First Millennial VP Pick And More
Portfolio Pulse from Chris Katje
Senator J.D. Vance has been selected by former President Donald Trump as his running mate for the 2024 presidential election. Vance, known for his memoir 'Hillbilly Elegy' and his venture capital background, has investments in various companies and ETFs, including Netflix, Rumble Inc, and several major ETFs. He is also a Bitcoin holder and a vocal proponent of cryptocurrency.
July 16, 2024 | 4:38 pm
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NEUTRAL IMPACT
J.D. Vance has significant investments in the SPDR Dow Jones Industrial Average ETF.
While Vance's investment in DIA is notable, it is unlikely to have a significant short-term impact on the ETF's price.
CONFIDENCE 70
IMPORTANCE 30
RELEVANCE 30
NEUTRAL IMPACT
J.D. Vance has significant investments in the Invesco QQQ Trust ETF.
While Vance's investment in QQQ is notable, it is unlikely to have a significant short-term impact on the ETF's price.
CONFIDENCE 70
IMPORTANCE 30
RELEVANCE 30
NEUTRAL IMPACT
J.D. Vance has significant investments in the SPDR S&P 500 ETF Trust.
While Vance's investment in SPY is notable, it is unlikely to have a significant short-term impact on the ETF's price.
CONFIDENCE 70
IMPORTANCE 30
RELEVANCE 30
POSITIVE IMPACT
J.D. Vance is a Bitcoin holder and a vocal proponent of the cryptocurrency sector.
Vance's pro-crypto stance and his selection as a vice-presidential candidate could positively influence Bitcoin's price, especially if the Trump-Vance ticket gains traction.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 70
POSITIVE IMPACT
Netflix holds the distribution rights to the movie adaptation of J.D. Vance's memoir 'Hillbilly Elegy'.
The association with J.D. Vance, now a vice-presidential candidate, could bring additional viewership and interest to the movie on Netflix.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
Rumble Inc, a video sharing platform, is one of the investments of J.D. Vance's venture capital fund, Narya Capital.
Vance's increased visibility as a vice-presidential candidate could bring more attention to Rumble Inc, potentially boosting its user base and stock price.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50