• Home
  • Latest
  • Coins2Day 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
Finance

AOC deftly deployed digital spending to trounce Wall Street–backed rival

Rey Mashayekhi
By
Rey Mashayekhi
Rey Mashayekhi
Down Arrow Button Icon
Rey Mashayekhi
By
Rey Mashayekhi
Rey Mashayekhi
Down Arrow Button Icon
June 24, 2020, 6:46 PM ET

So far, Rep. Alexandria Ocasio-Cortez (D-N.Y.) Is passing her first reelection campaign with flying colors.

The woman they call AOC trounced her challengers in yesterday’s New York congressional primary elections, winning more than 70% of the vote in securing the Democratic nomination for the state’s 14th congressional district (representing parts of the east Bronx and northwest Queens).

The 30-year-old Ocasio-Cortez, whose youth and progressive politics have made her a rising star in the Democratic Party, defeated a notable challenge from former CNBC anchor Michelle Caruso-Cabrera, who positioned herself as a moderate, pro-business alternative to the incumbent.

But Caruso-Cabrera could only muster less than 20% of the vote, despite reportedly turning to Wall Street heavyweights like Goldman Sachs CEO David Solomon and Blackstone CEO Stephen Schwarzman for fundraising.

Still, as the New York Times notes, Caruso-Cabrera’s $2 million war chest was no match for Ocasio-Cortez, who has raised more than $10 million since the start of the current election cycle—the fifth most among all congressional candidates in that time.

Arguably as important as the amount that Ocasio-Cortez has raised is how her campaign has deployed those funds: with a heavy dose of digital advertising. AOC has spent $3.6 million to date on Facebook ads during the current election cycle, according to the Times, including $2.4 million this year alone. By comparison, Rep. Adam Schiff (D-Calif.), the second-biggest digital advertiser among current House members, has spent only $620,000 online this year.

With digital advertising widely considered a key reason why the Trump campaign was able to deliver a shocking victory in the 2016 presidential election, the rest of the political establishment has sought to catch up. AOC is no exception; in addition to heavy online advertising expenditures, her enviable social media presence (she’s one of the most-followed members of Congress on Twitter) is capable of rallying a vocal base of progressive supporters online.

It has proved enough to secure her district’s Democratic nomination for the second time running, and shown that her 2018 upset of longtime congressman Joe Crowley—which launched her into the national political conversation—was no fluke.

“Wall Street CEOs, from Goldman Sachs to Blackstone, poured in millions to defeat our grassroots campaign tonight,” Ocasio-Cortez tweeted Tuesday evening. “But their money couldn’t buy a movement.”

About the Author
Rey Mashayekhi
By Rey Mashayekhi
LinkedIn iconTwitter icon
See full bioRight Arrow Button Icon

Latest in Finance

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Rankings
  • 100 Best Companies
  • Coins2Day 500
  • Global 500
  • Coins2Day 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Coins2Day Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Coins2Day Brand Studio
  • Coins2Day Analytics
  • Coins2Day Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Coins2Day
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Finance

Business colleagues sitting at conference table seen through glass wall. Multi-ethnic coworkers are discussing in board room at office. They are planning strategy.
NewslettersCFO Daily
As risk skyrockets, current and former CFOs are in demand for audit committees
By Sheryl EstradaJanuary 21, 2026
5 hours ago
Personal FinanceSavings accounts
Today’s best high-yield savings account rates on Jan. 21, 2026: Earn up to 5.00% APY
By Glen Luke FlanaganJanuary 21, 2026
5 hours ago
Personal FinanceCertificates of Deposit (CDs)
Best CD rates today, Jan. 21, 2026: Earn up to 4.18% APY if you lock in now
By Glen Luke FlanaganJanuary 21, 2026
5 hours ago
Photo: President Trump
EconomyMarkets
Wall Street is openly talking about whether Trump’s Greenland plan will end U.S. ‘primacy’
By Jim EdwardsJanuary 21, 2026
5 hours ago
NewslettersTerm Sheet
Exclusive: Alphabet’s CapitalG names Jill Chase and Alex Nichols as general partners
By Allie GarfinkleJanuary 21, 2026
6 hours ago
US Treasury Secretary Scott Bessent speaks at the 56th World Economic Forum (WEF) Annual Meeting in Davos, Switzerland in Davos, Switzerland on January 20, 2026.
EconomyTariffs and trade
Scott Bessent insists he’s ‘not concerned at all’ about investors Selling America—despite the fact it’s unravelled tariffs before
By Eleanor PringleJanuary 21, 2026
6 hours ago

Most Popular

placeholder alt text
AI
Elon Musk says that in 10 to 20 years, work will be optional and money will be irrelevant thanks to AI and robotics
By Sasha RogelbergJanuary 19, 2026
2 days ago
placeholder alt text
Personal Finance
Current price of silver as of Tuesday, January 20, 2026
By Joseph HostetlerJanuary 20, 2026
1 day ago
placeholder alt text
Economy
Trump added $2.25 trillion to the national debt in his first year back in charge, watchdog says
By Nick LichtenbergJanuary 20, 2026
19 hours ago
placeholder alt text
Success
Billionaire Marc Andreessen spends 3 hours a day listening to podcasts and audiobooks—that’s nearly an entire 24-hour day each week
By Preston ForeJanuary 20, 2026
1 day ago
placeholder alt text
Personal Finance
Current price of gold as of January 20, 2026
By Danny BakstJanuary 20, 2026
1 day ago
placeholder alt text
Politics
The U.S. Supreme Court could throw a wrench into Trump’s plan to take Greenland as soon as Tuesday
By Jim EdwardsJanuary 19, 2026
2 days ago

© 2025 Coins2Day Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Coins2Day Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.