‘It’s officially hot commie summer’: Wall Street melts down on social media over Zohran Mamdani’s NYC primary win

As Zohran Mamdani declared victory in the New York City Democratic mayoral primary on Tuesday night, one had to wonder: Has anyone checked on the finance bros? On X, the Wall Street meltdown was already well underway. “It appears that NYC is electing to commit suicide by Mayor,” wrote Jim Bianco, president of Bianco Research. “It’s officially hot commie summer,” added Dan Loeb, CEO of hedge fund Third Point and longtime Cuomo backer. every NYC finance guy on my main feed right now pic.twitter.com/Z7anouAFio—

Jun 26, 2025 - 23:38
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‘It’s officially hot commie summer’: Wall Street melts down on social media over Zohran Mamdani’s NYC primary win

As Zohran Mamdani declared victory in the New York City Democratic mayoral primary on Tuesday night, one had to wonder: Has anyone checked on the finance bros?

On X, the Wall Street meltdown was already well underway. “It appears that NYC is electing to commit suicide by Mayor,” wrote Jim Bianco, president of Bianco Research. “It’s officially hot commie summer,” added Dan Loeb, CEO of hedge fund Third Point and longtime Cuomo backer.