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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   


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1 min read

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   


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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   


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1 min read

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   


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Natasha Dailey   


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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   


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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   


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Matthew Fox   


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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   


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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   


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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   


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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   


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4 mins read

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   


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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   


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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   


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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   


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1 min read

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   


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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   


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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…

Emily Walsh   


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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