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The Latest Breaking News from TMTG

Musk-Trump X chat gets glitchy and hits Truth Social stock

Previous technical problems with Kamala Harris's Zoom events were cause for celebration, after all.

Fortune

Donald Trump returned to X and shares in his media company hit a 4-month low

"The value of TMTG’s brand may diminish if the popularity of President Trump were to suffer."

Fortune

Trump’s net worth has dropped by $900m since Harris entered the race

Truth Social has experienced declining audience numbers too

The Independent UK

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Trump Media's quiet GOP donor deal

The deal with energy magnate James E. Davison shows how Trump's stake poses a conflict of interest

Salon

Trump Media Shares Rise In Pre-market Trading Following Biden's Poor Debate Performance

Trump Media Shares increased in pre-market, then nosedived following the poor performance of President Joe Biden during Thursday's presidential debate.

International Business Times

LinkedIn co-founder slams $6 billion valuation for Trump's Truth Social

Trump Media has a market value of roughly $6 billion, more than 1,400 times the revenue it pulled in last year.

Fortune

Trump Media share price shows the mixed emotions of his supporters

Volatility ramps up following conviction.

Fortune

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Trump Media stock slumps after reporting $327.6m first quarter loss, costing former president more than $766m

Company says losses are result of recent merger but share price has dropped 13.2% since Friday

The Independent UK

Trump's Social Media Company Discloses FINRA Inquiry

FINRA inquiry into TMTG's social media plans raises concerns and potential impacts on the company's future.

Top News

Parent Company Of Trump's Truth Social Posts $328 Mln Loss

TMTG, which recently went public, posted a net loss of $327.6 million from January to March, compared with $210,300 in net losses for the same period last year, according to a company statement.

Latin Times

Parent Company Of Trump's Truth Social Posts $328M Loss

Trump Media and Technology Group, which owns former US president Donald Trump's social media platform Truth Social, lost more than $300 million in the first quarter of 2024, it said Monday.

International Business Times

Trump media company lost more than $327m in first quarter

Company said its focus is ‘long-term product development, rather than quarterly revenue’

The Independent UK

Trump Media & Technology Group Stock Rebounds After Turmoil

Trump Media & Technology Group's stock, TMTG (DJT), rebounds by 15.6% after recent turmoil. Company's association with former President Donald Trump attrac...

Top News

Trump Media & Technology Group Stock Plummets Amid Financial Struggles

Trump Media & Technology Group's stock faces challenges with declining value and financial struggles, impacting investor confidence.

Top News

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news in one place.

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International Business Times

Market Correction: Trump Stock Tumbles After Buoyant Debut

After a winning debut on Wall Street last month, Donald Trump's media group has suffered a bruising retreat, denting the Republican candidate's wealth as he faces legal challenges.

International Business Times

Insider Trading Alert: Brothers Confess To Illicit Profits In Trump Media's Public Debut

Michael and Gerald Shvartsman admit to insider trading, casting shadows over Trump Media's public listing and sparking legal turmoil.

The Guardian - US

Trump sues ex-Apprentice contestants over ‘failings’ in setting up Truth Social

Former president seeks to block Wesley Moss and Andrew Litinsky from receiving Trump Media stock worth over $400m

Axios

Trump's Truth Social lost $58 million in 2023

There is a huge disconnect between the company's financial fundamentals and its stock price.

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news in one place.

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International Business Times

NASDAQ Awaits TMTG: Truth Social's Launch Marks Milestone For Trump's Media Venture

Trump Media & Technology Group Corp. (TMTG), is on the brink of entering the NASDAQ market,following a merger with Digital World Acquisition Corp. (DWAC).

International Business Times UK

Trump Endorses Truth Social Amid DWAC Stock Plunge: A Tale of Social Media Merger Drama

Former President Trump's media venture, Truth Social, faces financial losses amid legal battles, set to debut on NASDAQ soon

International Business Times

Truth Social's IPO: A Triumph Or A Trial For Trump's Financial Future?

Trump's stake in Truth Social may offer significant paper wealth, but legal and financial constraints could delay his ability to cash in.

Top News

Trump's Truth Social Wall Street Debut: What To Expect

Trump's Truth Social network faces uncertainties on Wall Street debut with potential billion-dollar value but ongoing losses.

Reason

Trump Media Libel Lawsuit Against Washington Post Dismissed, but Might Be Refiled With More Detailed "Actual Malice" Allegations

From today's opinion in Trump Media & Technology Group Corp. v. WP Co. LLC, decided by Judge Tom Barber (M.D. Fla.): This lawsuit for defamation by Plaintiff Trump Media & Technology Group Corp. ("TMTG") against Defendant WP Company LLC (the "Post") arises from an article titled "Trust linked to porn-friendly…

The Independent UK

Trump’s Truth Social sues 20 media outlets over financial loss reports

Trump Media & Technology Group suffered a net loss of $31.6m between the organisation’s founding in February 2021 and 30 June 2023, SEC filing states

The Independent UK

Jimmy Kimmel delivers droll response to Trump’s demand for apology over Truth Social segment

Jimmy Kimmel has fired back at Donald Trump’s media company after they demanded an apology for the talk show host’s recent segment on Truth Social.

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