TrumpStop! Donald's Truth Social value rockets to $8 BILLION even though a single McDonald's makes more in a year... so is 'DJT' just a meme stock like GameStop?
11 months, 3 weeks ago

TrumpStop! Donald's Truth Social value rockets to $8 BILLION even though a single McDonald's makes more in a year... so is 'DJT' just a meme stock like GameStop?

Daily Mail  

Donald Trump's social media platform Truth Social appears to have achieved 'meme stock' status after reaching a staggering valuation of $8 billion following its public listing this week. With a value around 2,000 times higher than its annual sales, Truth Social parent company Trump Media - trading under the ticker DJT - may be among the most overvalued companies currently trading on the Nasdaq. This week, Trump Media - with a market capitalization of more than $8 billion - had a price-to-sales ratio more than 50 times higher than that of chip maker Nvidia, according to CNBC Donald Trump's 58 percent share of Trump Media is now worth more than $5 billion and his net worth has skyrocketed - but he may struggle to access the cash Trump Media's astounding valuation has led experts to label it a meme stock - whose value is driven not by the company's performance but instead by hype and sentiment. Trump Media's only real asset is Truth Social, the social media platform created after Trump was removed from X, Twitter at the time, following the January 6 Capitol riot.

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History of this topic

Trump Media stock down over 50 percent since his inauguration and no one is buying: report
5 days, 5 hours ago

Trump Media stock down over 50 percent since his inauguration and no one is buying: report

Raw Story  

Lost in the barrage of news about the stock market plummeting under Donald Trump due to his on-again, off-again tariff threats leading to economic anxiety has been the price stagnation of shares in the Trump Media & Technology Group. According to a report Barrons' analyst Paul R. La Monica, there is little appetite from large investment houses and day traders …

Trump's Truth Social parent company reports $400.9 million loss amid revenue decline
1 month ago

Trump's Truth Social parent company reports $400.9 million loss amid revenue decline

India Today  

NEW YORK: The parent company of former President Donald Trump’s social networking site, Truth Social, reported a $400.9 million loss in 2023, with annual revenue falling 12% to $3.6 million. In December, following his U.S. presidential election victory, Trump transferred all of his shares—valued at approximately $4 billion on paper—as a "bona fide gift" to the Donald J. Trump Revocable …

Trump Media lost more than $400m in 2024
Trending News
1 month ago

Trump Media lost more than $400m in 2024

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Trump Media and Technology Group, the parent company of the …

Trump Media says it lost more than $400 million last year
1 month ago

Trump Media says it lost more than $400 million last year

Associated Press  

NEW YORK — The parent company of President Donald Trump’s social networking site Truth Social says it lost $400.9 million last year and its annual revenue declined 12% to $3.6 million. Donald Trump Jr., the oldest of the president’s five children, is the sole trustee and has sole voting and investment power over all securities owned by the trust. Citing …

Trump Media's $800K gifts to top Cabinet picks spark new ethics concerns: report
1 month, 2 weeks ago

Trump Media's $800K gifts to top Cabinet picks spark new ethics concerns: report

Raw Story  

Two of Donald Trump’s top cabinet nominees Kash Patel and Linda McMahon were both gifted stock from the president’s social media startup valued at more than $800,000, regulatory filings reviewed by Politico revealed. “However, the board members can only sell a portion of the awards now — with the majority set to become available over the course of the next …

A “patriot economy”? Trump Media expands into fintech
1 month, 3 weeks ago

A “patriot economy”? Trump Media expands into fintech

Salon  

Trump Media, the company that runs Donald Trump's social media platform Truth Social, is expanding into financial services that include fintech and crypto. “Truth.Fi is a natural expansion of the Truth Social movement: We began by creating a free-speech social media platform, added an ultra-fast TV streaming service, and now we’re moving into investment products and decentralized finance,” said Devin …

Trump Media set to launch its own financial investment brand
1 month, 3 weeks ago

Trump Media set to launch its own financial investment brand

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy President Donald Trump’s media company, the Trump Media & Technology …

Truth Social owner Trump Media expands into finance, may invest in bitcoin
1 month, 3 weeks ago

Truth Social owner Trump Media expands into finance, may invest in bitcoin

CNN  

Washington CNN — Truth Social owner Trump Media & Technology Group announced Wednesday it plans to expand into financial services and potentially buy bitcoin and other cryptocurrencies. Trump Media said it plans to launch a fintech brand called Truth.Fi and to introduce investment vehicles that will focus on American growth, manufacturing, energy and the “Patriot Economy.” The push into fintech …

$Trump is already worth billions. What to know about the meme coin.
1 month, 3 weeks ago

$Trump is already worth billions. What to know about the meme coin.

Live Mint  

Just days ahead of his return to the White House, President Trump and his wife Melania launched a pair of meme coins that have skyrocketed in value and earned them billions of dollars, at least on paper. Trump or any other coin issuer benefits twice when meme coins are sold to the public. Most meme coins can’t be used to …

Trump’s embrace of meme coin sours mood in crypto industry
Trending News
2 months ago

Trump’s embrace of meme coin sours mood in crypto industry

Associated Press  

▶ Follow live updates on President Donald Trump’s return to Washington President Donald Trump’s goodwill in the cryptocurrency industry has taken a hit after he and his wife launched meme coins — a move critics say looks like an unseemly cash grab that undermines an effort to legitimize digital assets. Trump named SEC Commissioner Mark Uyeda as the agency’s acting …

Can the £11bn $Trump and $Melania meme coins make you a fortune? The world's top crypto experts tell us the VERY surprising truth...
Trending News
2 months ago

Can the £11bn $Trump and $Melania meme coins make you a fortune? The world's top crypto experts tell us the VERY surprising truth...

Daily Mail  

The value of cryptocurrency meme coins launched in the last three days by President Donald Trump and his wife Melania is soaring, leaving those who bought early with handsome returns worth several times their original investment. Donald Trump celebrated his inauguration as the 47th president of the United States by launching a so-called ‘meme coin’ One billion $Trump coins are …

Donald Trump net worth: From real estate to $TRUMP memecoin — how rich is the new US President?
2 months ago

Donald Trump net worth: From real estate to $TRUMP memecoin — how rich is the new US President?

Live Mint  

Donald Trump took oath as the 47th President of the United States late Monday. On January 19 — a day before Trump's inauguration — Axios reported that the $TRUMP meme coin accounted for about 89% of Donald Trump's net worth. Real estate Trump also owns golf courses, mansions, a winery and a 1991 Boeing 757 nicknamed Trump Force One. Meanwhile, …

Trump’s meme coin is a reminder of crypto’s dumbest use case
2 months ago

Trump’s meme coin is a reminder of crypto’s dumbest use case

CNN  

New York CNN — President Donald Trump promised crypto investors he’d usher in an era of legitimacy for an industry that’s long been relegated to the financial wilderness — dismissed by some mainstream investors as an highly speculative bet at best or an elaborate Ponzi scheme at worst. Walter Shaub, the ethics watchdog who clashed with Trump during his first …

$TRUMP soars to $11 billion market cap ahead of Donald Trump inauguration
2 months ago

$TRUMP soars to $11 billion market cap ahead of Donald Trump inauguration

Hindustan Times  

$TRUMP, the cryptocurrency debuted by Donald Trump, soared to nearly $11 billion in market value on Monday, drawing in billions in trading volume, just hours ahead of the US President-elect's return to the White House. Additionally, 80% of the total number of $TRUMP tokens are owned by CIC Digital LLC, an affiliate of The Trump Organization, and another business called …

Thanks to Trump's crypto meme coin, this controversial celeb made $1m. He's now betting on Super Bowl 2025 for profit
2 months ago

Thanks to Trump's crypto meme coin, this controversial celeb made $1m. He's now betting on Super Bowl 2025 for profit

Hindustan Times  

Barstool Sports founder Dave Portnoy has made a quick milly, all thanks to President-elect Donald Trump’s new cryptocurrency meme coin, $TRUMP. Controversial figure Dave Portnoy banks a million dollars through Trump's crypto meme coin Portnoy later confirmed in a follow-up post that he ended up betting on the Bills to win Super Bowl 2025 so that he could potentially reel …

Donald Trump’s $TRUMP meme coin now trading on Robinhood
2 months ago

Donald Trump’s $TRUMP meme coin now trading on Robinhood

Live Mint  

US President-elect Donald recently launched the $TRUMP meme coin, which is officially available on Robinhood, a US-based electronic stocks and cryptocurrency trading platform. Investors can trade in $TRUMP meme coins on the app and on web classics with market maker routing, according to the Robinhood website. Other cryptocurrencies available on Robinhood Apart from $TRUMP, other cryptocurrencies available on Robinhood are …

‘$0 to $10 billion in…’: Netizens on Donald Trump's meme coins
2 months ago

‘$0 to $10 billion in…’: Netizens on Donald Trump's meme coins

Hindustan Times  

US President-elect Donald Trump has launched a new cryptocurrency token just before his inauguration to the top post that is due on Monday, drawing reactions from netizens. In promoting the meme coin, Trump told supporters to “Have Fun!” The website selling the tokens has said that they are meant as expressions of support and not an investment opportunity. Here are …

$Trump coin surges Donald Trump’s wealth, makes incoming US President one of the richest men in the world: Report
2 months ago

$Trump coin surges Donald Trump’s wealth, makes incoming US President one of the richest men in the world: Report

Live Mint  

The newly launched Trump family crypto tokens have led to a significant surge in the wealth of incoming US President Donald Trump, making him one of the richest people in the world, according to a New York Times report. For who owns the coins, Trump affiliates appear to control 800 million tokens besides the 200 million already release and this …

'This is straight up dumb': Melania Trump blasted from both sides over her latest 'scam'
2 months ago

'This is straight up dumb': Melania Trump blasted from both sides over her latest 'scam'

Raw Story  

Melania Trump on Sunday was hit with criticism from both sides of the aisle after it was announced she was releasing a "meme coin" for investors to purchase. On the other side the the aisle, liberal commentator Brian Krassenstein, noted that the Trump family's decision made "$30 Billion evaporate." "As soon as it debuted, investors dumped $Trump coin—released just two …

President-elect Trump's cryptocurrency fortune hits $38 billion mark
Trending News
2 months ago

President-elect Trump's cryptocurrency fortune hits $38 billion mark

Firstpost  

Trump unveiled the so-called meme coin, which is designed to capitalize on the popularity of a certain personality, movement or viral internet trend on Saturday, in a post on his Truth Social platform and X President-Elect Donald Trump gestures to the crowd after his victory rally at the Capital One Arena on January 19, 2025 in Washington, DC. Trump unveiled …

Trump’s new meme coin and crypto token soar on his first day in office
2 months ago

Trump’s new meme coin and crypto token soar on his first day in office

Al Jazeera  

Trump’s promise to usher in a ‘golden age’ for crypto is a sharp contrast from his predecessor. Trump’s new meme coin, branded $TRUMP, was launched on Friday night during the first-ever Crypto Ball in Washington, DC, in conjunction with inauguration festivities. “The cryptocurrency market gained additional popularity in recent hours due to the launch of the TRUMP and MELANIA cryptocurrencies …

What to know about Trump cryptocurrency meme coins
2 months ago

What to know about Trump cryptocurrency meme coins

NPR  

What to know about Trump cryptocurrency meme coins toggle caption Mark Humphrey/AP President Trump has launched a cryptocurrency coin that is drawing a sharp eye from experts as it yo-yos in value in its opening days of trading. The official "meme coin," known as $TRUMP, was launched on Friday for nearly $6.50 and rose to a high of $73 on …

Melania releases own meme coin after Trump's new cryptocurrency reaches staggering value
2 months ago

Melania releases own meme coin after Trump's new cryptocurrency reaches staggering value

Daily Mail  

Donald Trump's cryptocurrency meme coin had been soaring in value but suddenly suffered a steep drop after his wife Melania Trump launched her own coin. Within days of each other, President-elect Donald Trump and his wife Melania have launched their own cryptocurrency meme coins Melania's official announcement came at 4:10pm. Pictured: Trump's official announcement of his meme coin, which now …

Trump promotes new meme coin before taking office on pro-crypto agenda
2 months ago

Trump promotes new meme coin before taking office on pro-crypto agenda

Associated Press  

▶ Follow live updates on President Donald Trump’s return to Washington President-elect Donald Trump has launched a new cryptocurrency token that is soaring in value – and potentially boosting his net worth – just before his inauguration. In promoting the meme coin, Trump told supporters to “Have Fun!” The website selling the tokens says they are meant as expressions of …

Trump launches meme coin ahead of White House return
2 months ago

Trump launches meme coin ahead of White House return

Live Mint  

Named $TRUMP, the project is a so-called meme coin, a type of crypto whose value is based largely on the popularity of internet memes. Hundreds of crypto executives and political heavyweights had gathered in the nation’s capital that night to celebrate what they expect to be a golden age for digital assets under the Trump administration. Many didn’t learn about …

How $TRUMP coin added $7 billion to Donald Trump’s wealth overnight
2 months ago

How $TRUMP coin added $7 billion to Donald Trump’s wealth overnight

Live Mint  

Apropos to nothing, United States President-elect Donald Trump's official social media accounts dropped details of a new “official meme” from the popular leader across platforms. As per the ethics pledge on the General Services Administration's website, Trump has not pledged that he would avoid conflicts of interest or that he hold only “non-conflicting assets”, according to a Reuters report. The …

Can $TRUMP Meme coin overtake Dogecoin?
2 months ago

Can $TRUMP Meme coin overtake Dogecoin?

Live Mint  

$TRUMP meme coin, launched by US President-elect Donald Trump just days before his inauguration, surged over 300% within hours of its release, reaching a market capitalization of nearly $6 billion. If the token were to overtake Dogecoin, which currently holds a market cap of around $60 billion, calculations suggest that the price could reach anywhere between $100 to $300 per …

'Dumping like crazy': Trump accused of 'rugpull' scheme now valued at $32 billion
2 months ago

'Dumping like crazy': Trump accused of 'rugpull' scheme now valued at $32 billion

Raw Story  

President-elect Donald Trump has now found yet another way to convince his followers to throw their money his way — this time with a questionable cryptocurrency venture. Axios is reporting that the soon-to-be 47th president of the United States has rolled out a "meme coin" dubbed $TRUMP, which is being billed as the "only official Trump meme." Journalist Judd Legum, …

Donald Trump launches his own meme coin: Here's why it soared despite having no economic value
2 months ago

Donald Trump launches his own meme coin: Here's why it soared despite having no economic value

Firstpost  

The official website for $TRUMP says 200 million coins have been issued, with plans to release an additional 800 million over the next three years. At current valuations, the coins yet to be issued would be worth about $24 billion President-elect Donald Trump has entered the cryptocurrency market, launching a digital token called $TRUMP. In posts on his Truth Social …

Donald Trump’s new $TRUMP meme coin grips crypto market: What is it? Why is it surging?— EXPLAINED in 5 Points
2 months ago

Donald Trump’s new $TRUMP meme coin grips crypto market: What is it? Why is it surging?— EXPLAINED in 5 Points

Live Mint  

Donald Trump's new $TRUMP meme coin gripped the cryptocurrency market with its stellar $14.5 billion debut on Saturday, January 18, just days before Trump's inauguration to take oath as the 47th US President. Go to http://gettrumpmemes.com — Have Fun!” " Donald Trump's new $TRUMP meme coin: Here are top 5 things to know: 1.What is the new $TRUMP meme coin? …

$TRUMP meme coin rakes in billions ahead of Donald Trump’s inauguration, spikes over 300% within hours after launch
2 months ago

$TRUMP meme coin rakes in billions ahead of Donald Trump’s inauguration, spikes over 300% within hours after launch

Live Mint  

$TRUMP meme coin: The cryptocurrency market witnessed an explosive rally after the newly launched $TRUMP meme coin sparked intense investor interest ahead of US President-elect Donald Trump's inauguration on January 20 to take oath as the 47th US President. The $TRUMP meme coin made an explosive $14.5 billion debut and rallied over 300 per cent within hours of its launch, …

Donald Trump's new $TRUMP meme coin records 220% increase within hours
2 months ago

Donald Trump's new $TRUMP meme coin records 220% increase within hours

Hindustan Times  

Ahead of his inauguration as President on January 20, Donald Trump has shaken up the cryptocurrency market with the announcement of the $TRUMP meme coin. In a post on X, Trump introduced the coin as his “official Trump meme.” In a post on X, Trump introduced the coin as his “official Trump meme.” The coin is inspired by Trump’s iconic …

Trump launches meme coin ‘$TRUMP’ ahead of inauguration
2 months ago

Trump launches meme coin ‘$TRUMP’ ahead of inauguration

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy President-elect Donald Trump has launched his own meme coin, prompting …

Explained: Donald Trump's $TRUMP meme coin and its crypto impact
2 months ago

Explained: Donald Trump's $TRUMP meme coin and its crypto impact

India Today  

President-elect Donald Trump has entered the cryptocurrency space with the launch of the $TRUMP meme coin, a Solana-based digital asset marketed as a celebration of his 2024 election victory. GET YOUR $TRUMP NOW.” The promotional graphic featured Trump’s image on the coin with the words “Fight, Fight, Fight.” My NEW Official Trump Meme is HERE! Coinbase warns, “Engaging with meme …

How Much Are Donald Trump’s Truth Social Shares Worth?
2 months ago

How Much Are Donald Trump’s Truth Social Shares Worth?

Wired  

Over the decades, Donald Trump’s literal fortunes have ebbed and flowed. Specifically, the majority of Trump’s net worth currently derives from shares of Trump Media & Technology Group, the parent company of the conservative Truth Social platform that launched in 2022. As the majority owner of TMTG, Trump’s riches rise and fall with the stock, which itself has seen wild …

Trump stock soars just days before president-elect retakes White House
2 months, 1 week ago

Trump stock soars just days before president-elect retakes White House

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Shares of President-elect Donald Trump’s media stock experienced its largest …

Donald Trump transfers nearly $4 billion worth of his Trump Media shares to revocable trust
2 months, 3 weeks ago

Donald Trump transfers nearly $4 billion worth of his Trump Media shares to revocable trust

Live Mint  

US President-elect Donald Trump has transferred all his stake in Trump Media & Technology worth over $4 billion to a revocable trust of which he is the sole beneficiary. According to the Securities and Exchange Commission filing, Trump transferred 114.75 million shares, or 53% of Trump Media & Technology’s outstanding stock, worth around $4 billion on paper, in the parent …

Bitcoin price hits new all-time high above $100,000 on optimism over Donald Trump’s crypto plans
3 months, 2 weeks ago

Bitcoin price hits new all-time high above $100,000 on optimism over Donald Trump’s crypto plans

Live Mint  

Bitcoin price, the price of the world's largest cryptocurrency, has broken its $100,000 ceiling for the first time, hitting an all-time high on December 5 amid steps from United States President-elect Donald Trump which show his backing for the sector. I believe Bitcoin will continue to shape the future.” Mike Novogratz, founder and CEO of crypto firm Galaxy Digital told …

Bitcoin at over $89,000, soars above pre-pandemic peak amid Donald Trump win
4 months, 1 week ago

Bitcoin at over $89,000, soars above pre-pandemic peak amid Donald Trump win

Hindustan Times  

Bitcoin’s record-breaking rally took the digital asset past $89,000 and lifted the overall value of the crypto market above its pandemic-era peak as traders bet on a boom under President-elect Donald Trump. Donald Trump's stance is a sharp break from a crackdown on the divisive industry by the Securities & Exchange Commission under President Joe Biden’s administration The largest token …

Trump demands ‘authorities’ investigate those spreading rumors he will sell off Truth Social
4 months, 1 week ago

Trump demands ‘authorities’ investigate those spreading rumors he will sell off Truth Social

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy President-elect Donald Trump called on the “appropriate authorities” to investigate …

Donald Trump dismisses ‘fake and illegal’ Truth Social ‘rumours’ spreading after his election victory
Top News
4 months, 1 week ago

Donald Trump dismisses ‘fake and illegal’ Truth Social ‘rumours’ spreading after his election victory

Hindustan Times  

Former US President Donald Trump has finally broken his silence on social media following his recent election victory, addressing speculation around his investment in Truth Social, the platform he founded after his Twitter ban in early 2021. REUTERS/Jonathan Drake/File Photo Earlier rumors had circulated that Trump might sell shares in Truth Social, which he strongly refuted in a statement, calling …

Trump just made $500 million with a single Truth Social post
4 months, 1 week ago

Trump just made $500 million with a single Truth Social post

CNN  

CNN — President-elect Donald Trump’s social media stock had been sinking fast after a short-lived, post-election-victory surge this week. At Friday’s market open, in what was likely a classic “buy the rumor and sell the news” trade, shares of Trump Media and Technology Group had fallen 42% since their recent peak shortly after Wednesday’s open. But then, a half-hour into …

Trump promises he won't sell Truth Social shares, calls for investigation into rumors
Trending News
4 months, 1 week ago

Trump promises he won't sell Truth Social shares, calls for investigation into rumors

Salon  

Donald Trump promised not to sell off shares of Truth Social's parent company and called for an investigation into rumors that he would on Friday. Trump's commitment to his stock came in a post to his social media platform, his first written post to the site since his election victory. "There are fake, untrue, and probably illegal rumors and/or statements …

Truth Social: Why Trump being president again is horrible for his social media company.
Top News
4 months, 2 weeks ago

Truth Social: Why Trump being president again is horrible for his social media company.

Slate  

At least the stock market is happy about the election. One big mover on Wednesday, though, was nonsense: Trump’s social media company, Trump Media and Technology Group, rose by 6 percent, beating an already hot market. Although his victory has already been good for Trump Media stock, his return to power is unambiguously horrible for Truth Social’s actual business. But …

Donald Trump’s victory triggers rally in bank stocks; Tesla soars 15%, Trump Media shares triple in value since Sept
4 months, 2 weeks ago

Donald Trump’s victory triggers rally in bank stocks; Tesla soars 15%, Trump Media shares triple in value since Sept

Live Mint  

Donald Trump's second victory in the US Presidential Elections in 2024 boosted equity markets on Wednesday, November 6, driven by bets on lower corporate tax rates, favourable tariffs, and deregulation, lifting shares of banks, locally focused small-cap companies, and Trump-related stocks. Follow Live Updates: US Election Results 2024 LIVE: Harris concedes 2024 race, congratulates Trump Wall Street Today: Trump-related stocks …

Trump Media gains post-election, even as Truth Social parent reports $19 million quarterly loss
4 months, 2 weeks ago

Trump Media gains post-election, even as Truth Social parent reports $19 million quarterly loss

Associated Press  

NEW YORK — The parent company of Donald Trump’s social networking site Truth Social lost $19.2 million in the last quarter, according to an earnings report released on the same day he won back the presidency. Trump Media and Technology Group reported late Tuesday that much of that loss stemmed from more than $12 million in legal fees, along with …

Trump's victory speech praise for Musk 'makes Elon $15 BILLION': Tesla shares soar after Donald hails 'genius'
Trending News
4 months, 2 weeks ago

Trump's victory speech praise for Musk 'makes Elon $15 BILLION': Tesla shares soar after Donald hails 'genius'

Daily Mail  

Elon Musk's wealth is set to rise by around $15billion as Tesla shares soared amid Donald Trump's election victory. Elon Musk and Donald Trump pictured at a rally together in Butler, Pennsylvania, on October 5 President Donald Trump takes the stage to address supporters at his rally on November 6 Investors welcomed the prospect of a Trump victory as Wall …

Trump Media share price surge 40% overnight on Robinhood amid speculation of Donald Trump’s election win
4 months, 2 weeks ago

Trump Media share price surge 40% overnight on Robinhood amid speculation of Donald Trump’s election win

Live Mint  

Shares of Trump Media & Technology Group, the social media company founded by former U.S. President Donald Trump, surged as early results from the U.S. presidential election began to roll in. Trump Media & Technology Group Corp.'s stock is often seen by investors as a barometer for Donald Trump’s political prospects, especially as he seeks re-election in a closely contested …

Donald Trump’s fortune to jump by $1.4bn
4 months, 2 weeks ago

Donald Trump’s fortune to jump by $1.4bn

The Telegraph  

Truth Social, which functions similarly to Twitter, has largely been seen as a microphone for the Republican candidate and former president. Although Mr Trump has recently started posting regularly on the app, now called X, he continues to post frequently on Truth Social. On Tuesday night TMTG published quarterly results showing it brought in revenue of just $1.01m in the …

DJT: Trump’s social media stock spikes after victory, making him $1 billion richer
Trending News
4 months, 2 weeks ago

DJT: Trump’s social media stock spikes after victory, making him $1 billion richer

CNN  

New York CNN — Donald Trump didn’t just win the White House. Truth Social owner Trump Media & Technology Group, Trump’s social media company, is skyrocketing in value this morning after CNN and other media outlets projected Trump won the election. Trump Media’s stock, which trades under the ticker symbol “DJT,” spiked 35% in premarket trading, implying an astounding market …

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