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Trump Media relies entirely on ad sales for its revenue, and discloses in its SEC filings that a decline in user engagement could hurt its business by making Truth Social less attractive to ...
The stock price of the social media company, which owns Truth Social, has fluctuated wildly based on the political fortunes of the former president. Shares crashed almost 50% after Trump was ...
Donald Trump's Truth Social is now worth more than Elon Musk's X, thanks to a recent run-up in the shares of the parent company of the former president's social media platform. Trump Media ...
On February 21, 2022, TMTG released Truth Social, a competitor to social-media platforms such as Twitter, on iOS. Truth Social had trouble hiring due to its political associations. In early April 2022, Reuters reported that the company's head of technology and head of product development had resigned after the network's "troubled" launch. [48]
Buckingham Palace confirmed on July 15 that King Charles III had written to Trump after the assassination attempt. [295] First Minister of Scotland John Swinney also condemned the incident. [296] [297] On July 14, the Palestinian president Mahmoud Abbas sent a letter to Trump, which the latter posted on his social media site. [298]
After all, the stock jumped more than 5x during Trump's first term. As we've seen, though, not all of the former President's proposals are beneficial to Nvidia.
On April 1, 2024, TMTG filed a report with the U.S. Securities and Exchange Commission (SEC) that showed the company had lost over $58 million in 2023 and that its only income was $4 million in advertising on Truth Social. [137] Trump Media listed its largest expense for the year as interest payments totaling more than $39 million. [172]
Yahoo Finance data shows analysts estimating Nvidia's earnings growth to hit 43% at $4.08 a share in 2025. Looks conservative to me based on all the conversations I've been having.