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Photo: Tom Williams/CQ Roll Call

Former Rep. Cynthia Lummis won Wyoming's Republican primary for the Senate on Tuesday, defeating a number of challengers and nearly guaranteeing a win in the deep-red state this November, per AP.

The big picture: Lummis, the clear front-runner in Tuesday's race, served in the House from 2009-2017, and was the only woman in the House Freedom Caucus at the time, per CNN. Her election could be significant for GOP gender diversity in the Senate looking ahead.

  • Lummis racked up endorsements from President Trump, retiring Wyoming Sen. Mike Enzi (R) and Wyoming Sen. John Barrasso (R).

Go deeper

All eyes — and $$$ — on Georgia

Illustration: Aïda Amer/Axios

Brace yourself for Part II of the 2020 election — it starts today, in Georgia. Hundreds of millions of dollars are about to pour into the Peach State, now that control of the Senate — and the fate of the next president's agenda — hinges on runoffs for not one but both of the state's seats, set for Jan. 5.

Why it matters: If Joe Biden goes to the White House, the outcomes of these races will determine whether he can move aggressively to enact Democratic policy priorities and confirm his top cabinet and judicial nominees.

Both Georgia Senate seats are heading to a runoff

David Perdue, Jon Ossoff, Raphael Warnock, Kelly Loeffler. Photo: Getty Images

Sen. David Perdue (R-Ga.) will go to a Jan. 5 runoff contest after failing to win 50% of the popular vote in the race against Democrat Jon Ossoff, AP reports.

Why it matters: No winner has been declared in either of Georgia's two Senate battles, which means we likely won’t know which party will hold the Senate majority until 2021.

Behind GameStop's latest stock surge

Illustration: Aïda Amer/Axios

Back in focus: The meme stock trade.

By the numbers: GameStop finished up 19%, after a wild day that saw shares spike as much as 80%.