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Trump's Media Group: A Rocky Election Day and Mixed Earnings

November 6, 2024

On Election Day 2024, Donald Trump's Trump Media & Technology Group, the owner of Truth Social, had a rollercoaster ride. The company's stock, DJT, was halted three times after unexpected drops. The day ended with the release of the company's third-quarter earnings, showing a decrease in revenue and

finance

Trump's Fortune Dives as Stock Plummets

November 1, 2024

This week, former President Donald Trump's fortune took a big hit. His stake in Trump Media & Technology Group dropped by about $2. 4 billion. The company's stock, known as DJT, saw a sharp decline of almost 40% in two days. This sudden drop happened even after the stock had skyrocketed recently. Th

business

Big Investments: Trump Media Outvalues Musk's Twitter

October 30, 2024

It seems like a lot has changed in the world of social media and politics. Trump Media & Technology Group, which is the parent company of Trump's social media platform Truth Social, is now valued at a whopping $10 billion! This sudden jump is quite a turnaround from late September when its shares we

finance

Why Bitcoin and Trump Media Stocks Are Skyrocketing

October 23, 2024

Lately, bitcoin prices have been soaring, reaching over $68, 000. This rise is partly due to former President Trump's newfound support for cryptocurrency and Vice President Harris' recognition of digital asset regulations. Meanwhile, Trump Media's stock price jumped by over 15% in a single day, addi

business

The Unexpected Team Behind Trump Media's Tech: A Look at Its International Links

October 19, 2024

In a surprising turn of events, a small company from a tiny Louisiana town is playing a big role in former President Donald Trump’s new media venture. Recent documents show that the company helping to build Trump Media's tech has a history that stretches from Iran to Russia and China. The company i

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Truth Social's COO Steps Down as Company Faces Share Release and Financial Struggles

October 6, 2024

A top executive at Trump Media & Technology Group Corp. has left the company, and a court ruling has ordered the release of nearly 800,000 shares to an early investor. The COO's departure comes as the company grapples with financial losses and tries to boost its revenue. Truth Social, the social med

finance

Trump's Warrant Deadline Looms: Will He Sell?

September 23, 2024

Trump Media and Technology Group (NASDAQ: DJT) shares have dropped significantly, wiping out the billions of dollars in paper gains the former US President recorded since December 15, 2023. The company's 59% stake, corresponding to 114.75 million shares, achieved an early lock-up exit last Thursday

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Trump's Stock Takes a Hit as Lockup Expires

September 20, 2024

As the clock struck midnight, the restrictions on Trump's media stock finally came to an end. And just like that, the shares of DJT started plummeting. The stock price went down by over 7% in just a few hours, hitting a new 52-week low. This sudden drop has left many investors wondering what's behin

business

Trump's Post-Presidency Fortune: A Tale of Unwavering Fan Support

September 19, 2024

As Donald Trump left the White House in 2020, his financial future seemed uncertain. Without the backing of corporate investors, his business ventures were at risk of drying up. But Trump's die-hard fan base came to the rescue. His supporters have proven to be a loyal and willing audience, willing t

business

Unmasking the Mysterious World Liberty Financial: What's Behind the Trump Family's Crypto Venture?

September 17, 2024

The Trump family has been making waves in the crypto world with their new project, World Liberty Financial. The team behind the endeavor, which includes Donald Trump Jr., Eric Trump, and Barron Trump, has been teasing the public with vague descriptions, promising that it will be a game-changer. But