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2 mins read
Retail traders are cheering Trump's deal to make SPACs great again as Digital World Acquisition Corp. extends triple-digit gains
DWAC is going to be "YUUUUGE" one trader on a Reddit investing thread said following the deal's ann…
Natasha Dailey  Â
2 mins read
A Republican congressman who blamed Trump for inciting an insurrection just invested thousands in his new social media company
Larry Bucshon blamed Trump's "dangerous rhetoric" for inciting an insurrection. Now, he's investing…
Bryan Metzger  Â
2 mins read
Rep. Marjorie Taylor Greene is the first member of Congress to invest in Trump's new 'TRUTH Social' platform
The far-right Georgia congresswoman spent between $15,000 and $50,000 on stock in Digital World Acq…
Bryan Metzger  Â
2 mins read
Here's how the short-seller betting against the SPAC taking Trump's media firm public sees the former president's gambit playing out
Iceberg Research said it won't maintain its short position very long as Trump is likely to "very ag…
Natasha Dailey  Â
2 mins read
The SPAC targeting Trump's media firm falls for a 2nd day as retail interest wanes and traders shift focus to Bakkt and Tesla
Digital World Acquisition Corp. fell 30% in two days of trading as interest among retail traders wa…
Natasha Dailey  Â
1 min read
A short seller says the party is over for Digital World Acquisition Corp. after a stunning rally, and that Trump, not the SPAC shareholders, is in control
Shares of Digital World Acquisition Corp. slumped Monday after last week's epic rally that pushed t…
Natasha Dailey  Â
2 mins read
Donald Trump's SPAC gambit could make him richer than ever, with the ex-president and any partners reportedly set to own more than 50% of the post-merger company
Bloomberg estimates Trump and any of his partners will own a combined $4.8 billion stake in the pos…
Natasha Dailey  Â
2 mins read
Anthony Scaramucci says the Trump media SPAC is 'garbage propaganda,' but if it does well enough it could keep the former president out of politics
Scaramucci, the former White House communications director under Trump, said he hopes the stock mov…
Natasha Dailey  Â
1 min read
Phunware extends 2-day gain to 2,189% as Trump campaign app developer rides Digital World hype
Phunware, which was worth just $79 million on Wednesday, is now valued at more than $1.3 billion am…
Matthew Fox  Â
1 min read
Digital World Acquisition stock surges another 285% as Trump SPAC rally continues for a second day
DWAC shares rocketed 357% on Thursday after the company announced it was taking former US President…
Theron Mohamed  Â
2 mins read
Digital World Acquisition Corp. extends 4-day decline to 18% as Trump defends Truth Social's performance and vote looms to delay IPO
"The Fake News Media is devastated by how well TRUTH is doing so, quite on cue, they are working ov…
Matthew Fox  Â
2 mins read
Digital World Acquisition Corp. jumps as the SPAC gets more time to gather shareholder approval to extend a merger deadline with Donald Trump's Truth Social
Digital World stretched its vote deadline after landing a $2.8 million deposit in its trust account…
Carla Mozée  Â
1 min read
MicroStrategy now owns 1% of all bitcoin in the world
The company's latest purchase takes its total holdings to 214,246 tokens out of the 19.7 million in…
Aruni Soni  Â
2 mins read
Elizabeth Warren is asking the SEC to investigate the Trump SPAC deal over potential securities violations
SPAC deals "are often structured to exploit retail investors to the benefit of large institutional …
Matthew Fox  Â
1 min read
These 8 firms just made a killing on the SPAC set to merge with Donald Trump's media company
A handful of investment firms saw peak paper profits of more than $100 million on Thursday after Di…
Matthew Fox  Â
2 mins read
Digital World Acquisition tops 10 most talked about stocks on Reddit's WallStreetBets forum
As traders look to replicate the success of WallStreetBets, one data aggregator is compiling the mo…
Matthew Fox  Â
1 min read
Digital World Acquisition soars 15% after Elon Musk walks away from $44 billion deal to buy Twitter
Shares of DWAC are still down 77% from a high of $175 last year and down 52% since the start of 202…
Brian Evans  Â
1 min read
Microsoft CEO Satya Nadella says he weighs 2 factors when considering making an acquisition
Microsoft recently closed its $69 billion Activision Blizzard deal and has also acquired names like…
Sarah Jackson  Â
3 mins read
Rupert Murdoch is stepping down from running Fox and News Corp. and is handing the reins to his son Lachlan
"I have decided to transition to the role of Chairman Emeritus at Fox and News," Rupert Murdoch sai…
Rebecca Cohen,Lucia Moses  Â
2 mins read
Digital World Acquisition extends 7-day decline to 31% after Trump's Truth Social threatens a lawsuit against the SEC over delayed SPAC deal
"In light of the obvious conflicts of interest among SEC officials... TMTG is now exploring legal a…