Syracuse University Associate Professor of Communications Jennifer Grygiel joins Bloomberg's Vonnie Quinn and Sonali Basak to discuss the future of social media under the upcoming administration and the fate of TikTok as it awaits the Supreme Court's decision about its potential ban in the US. They speak on "Bloomberg Markets.
Trump Media & Technology Group Corp DJT, parent company of Truth Social, just hit a technical milestone: a Golden Cross.
Very bad news. The Trump brand has topped out.
Market volatility has returned with a vengeance lately. Get ready for more ups and downs in Donald Trump second term.
Markets often quickly price in obvious news, but sentiment and long-term fundamentals like product quality and competitive advantage are key for stock performance. Stocks linked to Trump's allies have seen significant gains, but some like Roivant Sciences and Liberty Energy haven't yet outperformed and could benefit from deregulation. Tesla's 70% post-election surge seems unjustified; it's time to take profits and look for better entry points.
The move comes after Trump said in November that he had no intention of selling his shares in the company that owns Truth Social.
Trump Media & Technology Group Corp.'s stock fell about 6% in premarket trading on Friday after Donald J. Trump transferred his entire $4 billion stake in the company into a revocable trust, according to filings.
The transaction is described as a gift, with Donald Trump receiving no money for the transfer of his nearly 115 million DJT shares–worth more than $4 billion–to Donald J. Trump Revocable Trust.
Trump transfers all his DJT shares to his revocable trust, SEC filings show
Trump Media & Technology Group Corp DJT is drawing attention as its technical setup hints at a potential Golden Cross — a bullish signal that could spark investor excitement.
Democratic Representative Morgan McGarvey disclosed a surprising trade involving Trump Media stock (NASDAQ: DJT), the media company linked to President-elect Donald Trump.
Today's Big 3 turns to social media, the China trade and oil production. Alan Knuckman explains his picks in Trump Media & Technology (DJT), JD.com (JD), and Nov Inc. (NOV).