Trump Media & Technology Group Corp. (DJT)
Trump Media: A New Business Plan
Trump Media's revenue remains quite low, with just about $1 million reported for Q4 2024. The company has a healthy balance sheet with $777 million in cash and investments, but trades at almost 1,800 times last year's sales. Trump Media is shifting its strategy, exploring mergers and acquisitions, as well as launching financial products.
Trump Media reports $400 million in 2024 losses
Trump Media & Technology Group reported a $400.9 million net loss for the full year. The company said it had to pay legal fees stemming from obstruction at the Biden-era Securities and Exchange Commission, and a revenue-sharing agreement negatively impacted revenue.
Trump Media Applies to Register Trademarks for Financial Services Brand
Trump Media and Technology Group (TMTG) said Thursday (Feb. 6) that it applied to register trademarks for brand names connected to the upcoming launch of its customized exchange-traded funds (ETFs) and customized separately managed accounts (SMAs). The trademarks include “Truth.Fi Made in America ETF,” “Truth.Fi Made in America SMA,” “Truth.Fi U.S. Energy Independence ETF,” “Truth.
Trump Media files for Bitcoin ETF as part of investment push
Trump Media & Technology Group Corp (NASDAQ:DJT), the parent company of Truth Social, is expanding into financial services with a series of investment products under the "Truth.Fi" brand, the company announced Thursday. The move aligns with themes championed by President Donald Trump, including US energy independence, domestic manufacturing, and cryptocurrency.
Trump Media & Technology Trading Volume Falls Amid Expensive Valuations And Bearish Charts: Here's What Technical Analysis For DJT Stock Shows
Trump Media & Technology Group Corp. DJT had thin trading volumes on Tuesday as its valuations have skyrocketed and its stock has fallen since the reelection of President Donald Trump, the recent charts point towards a weakness in the stock.
Social media users risk fragmenting into silos after Trump election victory, experts warn
Social media sites and their users risk fragmenting along political lines in light of Donald Trump's election win, experts have told Sky News.
Trump Media Stock (DJT) - Heading Down Again
The Trump election and inauguration effects on Trump Media's stock appear to be over. So now Trump Media's business activities and results take on more importance.
Trump Media gifts DJT shares to FBI pick Kash Patel, Linda McMahon and president's son
Trump Media gifted DJT shares to six board members, SEC filings revealed. Shares were awarded to President Donald Trump's pick for FBI director, Kash Patel, Donald Trump Jr. Education secretary nominee Linda McMahon, former U.S. trade representative Robert Lighthizer, and two other directors.
DJT stock jumps 10% on new fintech, Truth.Fi, as Trump looks to deliver for crypto and Bitcoin supporters
Trump Media (NASDAQ: DJT) stock jumped more than 10% in morning trading on Wednesday on news it was expanding into financial services, launching Truth.Fi, which will include Bitcoin and other cryptocurrencies, exchange-traded funds (ETFs), and separately managed accounts, among other traditional investment vehicles.
Trump Media Enters FinTech Space With Truth.Fi Launch
The Trump Media company is moving into the financial service/FinTech space. The Truth.Fi platform, announced by the company Wednesday (Jan. 29) will focus on cryptocurrency and customized exchange traded funds (ETFs).
Trump Media Stock Surges on Announcement of Truth.Fi Finance Platform
Shares of Trump Media and Technology Group surged Wednesday morning after U.S. President Donald Trump's media company announced its first move into the world of financial services.
Trump Media announces plans to expand into crypto
Shares jump 15% in pre-market trading after president's social media startup announced launch of Truth.Fi
