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TrumpMedia Trending News

Everything you want to know about TrumpMedia in 42-word summarized news nuggets

Trump Media sells early Trump posts for $1.2M

#TruthSocial #TrumpMedia

Trump Media plans to charge Wall Street firms up to $1.2 million yearly for early Truth Social post access, launching Truth API after failed ventures. Ten trading firms enrolled, generating millions, amid stock decline and ethics scrutiny. read more


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Truth Social Traffic Plummets 36% as Rivals Surge

#TruthSocial #TrumpMedia

Truth Social traffic dropped 36% in July, with June also declining, as rivals grew. Founder Howard Polskin called the plunge steep. Subscriptions offering early Trump posts haven't reversed the trend, amid insider trading criticism. read more

Trump accuses media of virtual treason in Iran war

#IranWar #TrumpMedia

Trump accuses media of "virtual treason" for reporting Iran retains missile capabilities. UK sends drones, jets, and warship to secure Strait of Hormuz. Iran threatens weapons-grade uranium enrichment if conflict resumes, ceasefire on "life support." read more

Trump Media Reports $405 Million Quarterly Loss

#TrumpMedia #TruthSocial

Trump Media, Truth Social's parent, reported $405M Q1 losses on $871K revenue, citing digital asset losses. The company replaced CEO Devin Nunes and explores fusion energy and prediction markets amid stock decline. read more

Trump’s media love speech fades after heated interview

#TrumpMedia #PressRelations

Trump's brief post-shooting goodwill toward media vanished within 24 hours, pivoting from a planned 'speech of love' to calling a journalist 'a disgrace' during a 60 Minutes interview over his would-be assassin's manifesto. read more

Trump Media CEO Ousted After Stock Plunge

#TrumpMedia #BusinessNews

Devin Nunes was removed as CEO of Trump's media company after a steep stock decline. The firm, parent of Truth Social, appointed Kevin McGurn as interim CEO. The company has reported over $1.1 billion in losses since going public. read more

Trump Demands Treason Charges Over Iran Coverage

#TrumpMedia #IranWarCoverage

Trump demands treason charges for media covering Iran war, suggesting death penalty. His FCC chair threatens broadcast licenses over "unpatriotic" reporting. Officials confront journalists questioning the conflict's narrative during briefings. read more

Trump Targets Female Reporters in Personal Attacks

#TrumpMedia #USPolitics

President Trump criticized a female reporter's "very bad attitude" when questioned about MAGA base divisions on immigration. It was his second such deflection this week, having previously attacked another journalist over Epstein files questions. read more

Trump's Media Maneuvers: Leveraging Controversy for Political Power

#TrumpMedia #DisinformationPolitics

In an era where attention equals power, President Trump utilizes social media tactics to dominate conversations and maintain political influence. His strategic use of attention-seeking behavior and disinformation poses challenges for Democrats in regaining control of the narrative. read more

Trump Media & Technology Group's Truth.Fi to Offer Conservative Investments

#TrumpMedia #finance

Trump Media & Technology Group reveals plans to launch financial investment brand, Truth.Fi, targeting conservatives feeling marginalized by big banks, aiming to offer investment services backed by Trump. The company plans to invest in American growth, manufacturing, and energy companies, strengthening the Patriot Economy. read more

Trump Media Stock Plummets as Crypto Coins Launch Backfire

#TrumpMedia #MemeCoins

The stock price of Trump Media & Technology Group, along with the value of Trump's meme coin, dropped significantly as he resumed office, with shares falling over 11%. The memecoins, $TRUMP and Melania Trump's coin, both showed steep declines. read more

Trump Media Outsourcing to Mexico Contradicts "America First" Claims

#TrumpMedia #OutsourcingMexico

Trump Media outsources technical jobs to Mexico, contradicting Trump's anti-outsourcing threats and past racist remarks about Latinos. Staff protested the decision, alleging poor management and an "America last" approach. Trump's anti-immigrant stance conflicted with his company's hiring practices. read more

Trump's Truth Social Surpasses Elon Musk's X Holdings in Value

#TrumpMedia #ElonMusk

Former President Donald Trump's social media company, Truth Social, now surpasses Elon Musk's X Holdings in value, with a surge in stock price boosting Trump Media & Technology Group to over $10bn. The rise is attributed to improved re-election odds for Trump. read more

Trump Media Stock Halts Trading Due to Volatility Surge

#TrumpMedia #StockMarketTrading

Trump Media Group's trading saw five halts due to high volatility on Tuesday, with the stock nearing its yearly high after a September drop. The company's share price surged 33% between Friday and Monday, currently trading at $51.63, reflecting political support for Trump. read more

Trump Media & Technology Group's Stock Rollercoaster Reflects Election Anticipation

#TrumpMedia #StockMarket

The Trump Media & Technology Group, owner of Truth Social, faces trading suspensions amid market volatility. Stock value triples as Trump targets voters. TMTG's worth reaches $9bn, surpassing X's valuation. The company experienced a rollercoaster ride akin to GameStop in the past year. read more

Trump Media Stock Experiences Volatility Amid Political Climate Swings

#TrumpMedia #StockMarketVolatility

Trump Media stock, parent company of Truth Social, showed volatility with a brief trading pause after a plunge in share price. Seen as a reflection of Trump's support rather than business performance, the stock rally indicates renewed confidence among Trump backers in US politics. read more

Former Apprentice Contestants Sell Stake in Trump Media's Truth Social

#TrumpMedia #TruthSocial

A Florida firm led by ex-'Apprentice' candidates sells off nearly all of their 5.5% stake in Trump Media & Technology Group, the owner of Donald Trump's Truth Social platform. The move follows a legal dispute, with the firm reducing its holdings significantly. read more

"Trump Media Shares Plummet as Lockup Period Ends"

#TrumpMedia #StockMarket

Trump Media, owned by Donald Trump, experiences a 52-week low in stock value, down 65 percent since July. Investors await Trump's decision on stock sale after failed assassination attempt. Increased trading volume leads to uncertainty about early investor actions. read more

Trump Media Stock Plummets After Debate with Kamala Harris

#TrumpMedia #StockMarket

Donald Trump's media company, including Truth Social, sees a 17% drop in shares after a debate with Kamala Harris. Despite a $3bn value, the stock has fallen 75% from its peak. Trump will soon sell shares, starting September 19. read more

"Trump's Truth Social Stock Market Gains Wiped Out"

#TrumpMedia #StockMarketCrash

Trump's media empire, including Truth Social, saw its stock market rally erased as shares closed below $17, falling from $4.9bn in March to $2bn. Despite limited growth, the company merged with Digital World Acquisition Corp, causing volatile trading. read more

Congressman and Trump Ally Aid Foreign Executive in Visa Process

#TrumpMedia #VisaIssues

A member of Congress, a Trump backer, expedited a visa for a foreign executive at Trump Media, contradicting Trump's American hiring push. Despite legalities, this action reflects a conflict with Trump's policies. read more

Trump Media Reports $16.4M Loss, $1M Revenue in Q2

#TrumpMedia #TruthSocial

Trump's Truth Social, part of Trump Media and Technology Group, suffered a $16.4 million loss and $837,000 in revenue in the last quarter. Legal costs and investments in their Truth+ service impacted finances. Market capitalization remains high despite modest sales. read more

#TrumpMedia #BitcoinRally

Shares in Donald Trump's media company surge by 50% after an assassination attempt, potentially adding $3bn to its value. Trump Media, owned 60% by Trump, sees stocks rise due to improved odds of his November election victory. Bitcoin also rises on speculation of favorable regulatory policies under Trump. read more

#TrumpMedia #StockMarketLoss

Trump Media reports a $327.6 million first-quarter loss, causing a 13.2% drop in stock price since Friday. The losses are attributed to a recent merger, with former President Trump's shares losing over $766 million. read more

#TrumpMedia #TruthSocial

Trump Media and Technology Group (TMTG) Corp, including Truth Social, reported a $327.6m loss in its first quarter but emphasized long-term product development over short-term revenue. Despite the loss, TMTG is valued at over $7bn. read more

#TrumpMedia #SECFraudCharge

The accounting firm BF Borgers, used by the Trump Media & Technology Group, is facing significant fraud allegations from the Securities and Exchange Commission, accused of running a "sham audit mill." The SEC found deliberate failures, resulting in a $12m penalty. read more

#DonaldTrump #TrumpMedia

Donald Trump has received $1.8 billion worth of Trump Media stock as a bonus, acquiring an additional 36 million shares in the company, bolstering his majority stake. The stock value is volatile, with recent court precedings and financial judgements against him. read more

#TrumpMedia #StreamingPlatform

Shares in Trump Media & Technology Group are in decline as the company plans to launch a streaming platform, expanding beyond social media with content at risk of censorship. Despite the announcement, shares continued to plummet amidst volatile trading. read more

#TrumpMedia #StockPlunge

Trump Media's stock dropped by over 13% as the company registered additional shares, contributing to its struggling stock price. The filing disclosed plans to release 21.4 million shares, potentially devaluing existing stock. The decline coincided with the ex-president's first criminal trial. read more

#TrumpMedia #TruthSocial

Key executives at Trump Media & Technology Group, including former President Trump, stand to make substantial profits despite the company's declining stock prices. Executives, such as Devin Nunes and Phillip Juhan, have significant stock holdings and potential bonuses, showcasing their financial gains. read more

#TrumpMedia #StockMarket

Donald Trump's company, DJT, has lost a third of its value in six months after initial trading surge. As stock plummets, bets against the company increase, with Trump's stake at $2.8bn. Analysts cautious on conclusions, as Nasdaq short-sells. read more

#TrumpMedia #StockDebut

Trump Media and Technology Group's share price debuted on the New York Stock Exchange on 26 March 2024. Democratic groups called for an inquiry due to the company's reliance on opaque loans from a Russian-American, raising concerns of influence peddling and corruption. read more

#InsiderTrading #TrumpMedia

Two investors, Michael and Gerald Shvartsman, plead guilty in an insider trading scheme connected to the merger of DWAC with Trump Media. They made over $22m by trading securities with non-public info. The guilty pleas come after initially pleading not guilty. read more

#TrumpMedia #LegalDispute

Trump Media is suing former "Apprentice" contestants and Truth Social co-founders to strip them of their company shares due to alleged mismanagement. The lawsuit follows the company's successful Nasdaq debut with a valuation of $6.8 billion. Litigation involves claimed business failure and corporate culture issues. read more

#InsiderTrading #TrumpMedia

Two Florida brothers pleaded guilty to insider trading charges related to trading shares of Digital World Acquisition Corp. before its merger with Trump Media & Technology, making over $22 million. read more