His media company plans to sell quick access to the president's postings.
New service will let traders and investors pay for real-time feed of Truth Social posts.
Trump Media, the company that operates the Truth Social social-media network, said Thursday it is launching a service known as an API to give customers "licensed, real-time access to posts from the highest-ranking Truth Social accounts." Other social media networks do the same thing.
This is a developing story. Check back for updates.
$2.2 billion. That's Trump Media's market value as of Wednesday, a nearly 75% slide from its all-time high of roughly $8.7 billion in January 2025.
While the shares of Trump Media & Technology Group (NASDAQ: DJT) have lost much of their luster since the 2024 Presidential election and possibly entered terminal decline earlier in 2026 by crashing below the $10 threshold, DJT retains the potential for a brief but powerful rally.
Trump Media & Technology reported Q1 revenues of $871K, up just 6% year-over-year, with losses ballooning to $405.8 million. DJT's expenses far outpace revenues, and the company remains deeply unprofitable even excluding non-cash items. Despite $1.87 billion in cash and investments, liquidity is constrained by locked-up assets and rising debt; positive cash flow in Q1 was driven by delayed payables.
The pitch was simple: buy the ticker, ride the brand. Two years after Trump Media & Technology Group (NASDAQ:DJT) went public in March 2024 via a merger with Digital World Acquisition Corp, the math on that trade is brutal for people who bought near the top.
Kevin McGurn helped drive the company's unexpected foray into fusion energy. Now, he will have to figure out how to manage a diverse group of businesses as its CEO.
After a significant jump between April 27 and 28, Trump Media & Technology (NASDAQ: DJT) stock short volume ratio inched higher and ended the month at its highest value in at least two weeks.
Trump Media & Technology (DJT) has taken investors on a wild ride. Unfortunately for them, it's mostly been downhill.
The Trump business behind Truth Social is replacing a former congressman and big supporter of the U.S. president as the leader of the social media platform after a stock collapse that wiped out billions in investor wealth.Devin Nunes, a former California congressmen in Donald Trump's first term, is being replaced temporarily by digital media executive Kevin McGurn as chief executive officer. The company, Trump Media & Technology, didn't give a reason for Nunes leaving or provide a timeline for his permanent replacement.After soaring shortly before Trump's re-election in November 2024, stock in the company plunged 67%, wiping out more than $6 billion in investor wealth.Trump Media was formed by the Trump family as an alternative to social media giants that had barred him from posting on their platforms after the January 6, 2021 Capitol riots.