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Trump risks tanking Truth Social's stock price if he cashes out
Truth Social is set to go public next week, with Donald Trump's stake worth billions. But cashing o…
Filip De Mott
Digital World Acquisition Corp. jumps 29% as merger partner Trump Media eyes $1 billion fundraise
Trump Media & Technology Group is already in line to receive $293 million if its deal to go public …
Carla Mozée
The SPAC taking Trump's Truth Social public slides 11% as 2 key executives reportedly depart the social media app
DWAC shares have been under pressure recently following the rocky launch of the Truth Social conser…
Carla Mozée
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
Digital World Acquisition stock may face less short-seller pressure due to quirk in SPAC deals, expert says
DWAC's prospectus said 11 anchor investors would buy up to 91.3% of the shares offered, potentially…
Isabelle Lee
Here's how users on Truth Social are feeling about Trump Media's steep stock decline
Some Truth Social users bemoaned the crash, looking for someone to blame as the shares continued to…
Jennifer Sor
Short seller Jim Chanos ramped up his bet against Tesla last quarter - and placed new wagers against AMC and Trump-linked DWAC
The veteran investor bought bearish put options on a bunch of meme stocks, crypto companies, and hi…
Theron Mohamed
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
Digital World Acquisition could plummet 78% as regulatory scrutiny means it will likely never merge with Trump's Truth Social media platform, short seller says
"DWAC is not just another dubious 2021 SPAC; it is a poster child for some of the worst abuses the …
Matthew Fox
Digital World Acquisition falls 15% after Elon Musk buys Twitter for $44 billion
"Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square," El…
Matthew Fox
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
These were the 10 best performing IPOs of 2021 amid a record year for stock market debuts
Global IPOs have raised $453 billion in proceeds, representing a 67% increase year-over-year and a …
Matthew Fox
Avoid politics at Thanksgiving and talk about markets instead. Here's a refresher on the craziest stories this year, from meme stocks to NFTs.
The year began with GameStop shares soaring and is ending with an internet group trying to buy the …
Natasha Dailey
Trump's Truth Social has only 5 million members and is performing badly but could be valued at more than $5 billion
Trump Media lost $49 million in the first nine months of 2023 on revenue of just $3.4 million, The …
Rebecca Rommen
Even 'Bond King' Bill Gross is getting in on Trump Media's options-trading frenzy
"A genius can also be an investor with the courage to sell DJT options at a 250 annualized volatili…
Filip De Mott
Trump Media is suing its cofounders, alleging they failed 'spectacularly' and did 'significant damage' to the business
A new court filing claims Trump Media's cofounders "failed spectacularly at every turn" before the …
Jennifer Sor
3 investors charged with insider trading ahead of deal to take Donald Trump's social-media company public
The trio allegedly made $22 million by trading shares in a blank-check company ahead of it announci…
George Glover
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…
Matthew Fox
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
SPAC that plans to take Donald Trump's media venture public soars in market cap to $2 billion
The spike comes during an eventful week for Digital World Acquisition Corp.and Trump Media & Techno…