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Image source: Getty Images. Unrivaled reach. When it comes to breadth of users, Meta Platforms ranks among the highest on the planet. As the parent company of social media platforms Facebook ...
Trump Media’s stock, which trades under the ticker symbol “DJT,” spiked 35% at the opening bell, translating to an astounding market value of about $9 billion.
Here are my five predictions for the stock market in 2025 -- and which stocks will soar the most if they're right. 1. Artificial intelligence (AI) agents become the next big thing.
“The stock price of Truth Social is unconnected to the reality of the financials of the firm. In the first quarter of 2024, the firm lost $327 million on revenues of only $770,500.
The user base of X, the social media network formerly known as Twitter, is more than 100 times bigger than Truth Social’s. Even Threads has 20 times more users than Truth Social, according to ...
Trump launched Truth Social, in February 2022, after he was banned from major sites such as Facebook and the platform formerly known as Twitter following the Jan. 6 attack on the U.S. Capitol.
In other words, Truth Social has struggled to attract a user base. Nonetheless, Trump Media is still valued at $2.6 billion, which is a lot considering where some much more established media ...
The Truth Social stock remains wildly overvalued. Former president Donald Trump speaks to the media during a pre-trial hearing on March 25, 2024 in New York City.