Trump Media & Technology Group Corp. (DJT)
Eric and Trump Jr-backed manufacturing SPAC files for $300 million US IPO
New America Acquisition I Corp, a blank-check firm backed by Eric Trump and Donald Trump Jr., on Monday filed for an initial public offering of up to $300 million in the United States.
Trump Media: Q2 Results Remain Poor
Trump Media's core business remains weak, with Q2 revenues under $1 million and heavy operating losses even when excluding legal expenses. The company pivoted in Q2, raising $2.4 billion to invest in Bitcoin and related assets, but that hasn't changed its business fundamentals. Valuation is extremely high, trading at about 1,375 times sales, making the stock very expensive compared to peers like Rumble and Meta.
Trump Media's stock gets a bitcoin bump, as Truth Social parent is now a $2 billion player
Shares of Trump Media & Technology Group rallied to a six-week high Tuesday — with bitcoin approaching another record high and investors increasingly treating the social-media company as a cryptocurrency play.
Trump Media stock surges on bitcoin stockpile
CNBC's Martin Soong and Chery Kang discuss the Trump family's growing crypto holdings after Trump Media and Technology said it has amassed roughly $2 billion in bitcoin and related assets.
Here's why Trump Media stock price is soaring today
Trump Media (NASDAQ: DJT) surged at the opening bell on Monday after announcing that its Bitcoin treasury program has swelled to approximately $2 billion in combined holdings of Bitcoin and Bitcoin-related securities.
Trump Media: The Short-Term Clues That Could Flip The Bear Case
Trump Media's unique political angle and persistent retail interest create an asymmetrical risk-reward, enabling unpredictable rallies despite poor fundamentals. Short-term catalysts include crypto-related developments, ETF approval prospects, and a stable technical floor supported by strong on-balance-volume metrics. High short interest and a committed shareholder base set the stage for a potential short squeeze if triggers materialize.
The U.S. will charge a 30% tariff on the European Union and Mexico effective Aug. 1, President Trump said in letters to the leaders of each trading partner, posted on Truth Social on Saturday morning
The U.S. will charge a 30% tariff on the European Union and Mexico effective Aug. 1, President Trump said in letters to the leaders of each trading partner, posted on Truth Social on Saturday morning.
Buybacks Galore: Repurchases From the Oval Office to Olive Garden
Several notable stocks, associated with everything from President Trump to pasta dinners, are significantly boosting their buybacks. Together, these newly announced programs add over $10 billion in fresh repurchase capacity to the stock market.
Trump Media Stock (DJT) - Downtrend At Critical Level
Trump Media Stock is back to its starting point once again. Virtually all the gains are gone from the pre-merger January 2024 announcement low of about $17.50.
Trump Media Just Announced a Massive Stock Buyback
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Trump Media's ‘DJT' stock jumps, as planned buybacks could cut share count by 10%
Trump Media, the parent of President Donald Trump's social-media platform Truth Social, announced a $400 million stock-repurchase program, which could reduce the number of shares outstanding by 10%.
Trump Media announces $400M share buyback
Trump Media & Technology Group Corp (NASDAQ:DJT), the company behind the Truth social media platform, majority-owned by US President Donald Trump, announced that its board of directors has authorized an up to $400 million stock buyback. This repurchase may include both common stock and warrants, conducted through open market transactions, with all repurchased shares to be retired by the company.
