Stand For America Fund Inc., the super political action committee backing Nikki Haley, raised $50.1 million in the last six months of 2023, according to a person familiar with the fundraising, a haul that’s fueled by Wall Street and corporate executives who are seeking to stop Donald Trump’s White House comeback bid.

That’s about $5 million more than the super PAC backing Trump, Make America Great Again Inc., said it raised during the same period. That’s a bright spot for Haley, the last remaining Trump challenger for the Republican presidential nomination. She faces a narrow path to victory after steep losses to Trump in both Iowa and New Hampshire.

[Yes, but that’s almost ancient history now. After Iowa and New Hampshire, those donors are going to start rethinking their investments. Two already have — Andy Sabin and Reid Hoffman, the latter of whom gets explicitly mentioned in this report. The planned $1 million ad campaign in South Carolina won’t be nearly enough to overcome the huge polling lead Trump has in Haley’s home state, especially coming off those two wins and a walkover in Nevada coming up next. — Ed]