Is Newsmax, the conservative news company that just went public, overvalued? Short answer: I don’t give investment advice. But if I did, I’d say yes. Newsmax is overvalued. Longer answer: I could list lots of reasons investors should be wary of sinking money into Newsmax, whose stock is skyrocketing after it started trading on Monday….
A U.S. judge on Tuesday sided for now with President Donald Trump’s media company in a dispute over whether a top Brazilian judge illegally censored right-wing voices on social media in the United States. In a case involving whether a prominent Brazilian judge unlawfully restricted right-wing opinions on American social media, a U.S. judge on…
Graphic: Images: Christopher Furlong, Anna Moneymaker, Alfredo Astrella/AFP, Drew Angerer Elon Musk’s Department of Government Efficiency is here, and defense contractors can’t wait for the “revolution” to reach the Defense Department. So far, his focus has been on other areas, but they’re betting that Musk — himself a defense contractor through SpaceX — slashes a…
Trump Media & Technology Group stock (DJT) leaped 15% Friday and was briefly halted for volatility after Donald Trump said he would not sell his shares in the company, the home of Trump’s social media platform, Truth Social. Trump, who made the announcement on his Truth Social account, maintains a roughly 60% interest in DJT….
Trump Media & Technology Group stock (DJT) extended its double-digit declines on Thursday as the stock reversed sizable gains from earlier in the week. Shares fell around 15% and trading was briefly halted due to volatility. The massive swings come as the stock suffered its largest percent decline on Wednesday after shares plunged around 22%….
Topline Former President Donald Trump’s net worth has dropped more than $1 billion Wednesday, as shares in Trump Media & Technology Group plummeted 20%, ending a dayslong rally for the company’s stock as Election Day nears. Trading in the Truth Social parent’s stock was briefly halted earlier this week after periods of … [+] volatile…
Topline Former President Donald Trump’s net worth has doubled this month, increasing from under $4 billion at the start of October to $8 billion Tuesday and coinciding with a multi-week rally from his media company, Trump Media & Technology Group, as he has surged to become the betting favorite in the presidential election. Trump’s net…
Trump Media & Technology Group stock (DJT) extended its massive rally on Monday, jumping as much as 9% as investors bet on former President Donald Trump’s improved odds of winning the November election. Over the weekend, both domestic and overseas betting markets shifted in favor of a Trump victory, with prediction sites like Polymarket, PredictIt,…
Shares of former U.S. President Donald Trump’s media company sprang back over 6% on Wednesday, rebounding from all-time lows after restrictions on insider selling expired last week. Two straight days of gains in Trump Media & Technology Group, which is 57% owned by the Republican presidential nominee, have lifted it 12%, bringing its market capitalization…
Topline Former President Donald Trump’s net worth has climbed by more than $200 million over the last two days, as shares of Trump Media rallied after a days-long selloff that sent the stock to consecutive record lows, though the value of the former president’s stake is still down since peaking earlier this year. The rally…