Trump is accused in the case of falsifying business records to conceal a hush money payment to a porn star before the 2016 election, part of an alleged scheme to keep voters in the dark
At $70.46, company's market capitalization was $9.55 billion on an undiluted basis. Trading in the shares under the new ticker "DJT" was briefly halted just after the opening bell due to volatility
A US citizen from Texas, formerly called Dustin Ebey, has legally changed his name to "Literally Anybody Else" in hopes to take on presidential frontrunners Joe Biden and Donald Trump
As Donald Trump's social media company begins trading publicly Tuesday, would-be investors might ask themselves if the stock is too pricey and potentially too volatile. Trump Media & Technology Group Corp. was acquired Monday by a blank-check company called Digital World Acquisition Corp. Trump Media, which runs the social media platform Truth Social, now takes Digital World's place on the Nasdaq stock exchange. Trump Media debuts with a stock price near USD 50 and a market value of about USD 6.8 billion. Many of Digital World's investors were small-time investors either trying to support Trump or aiming to cash in on the mania, instead of big institutional and professional investors. Those shareholders helped the stock more than double this year in anticipation of the merger going through. They're betting on a company that has yet to turn a profit. Trump Media lost USD 49 million in the first nine months of last year, when it brought in just USD 3.4 million in revenue and had to .
Former US President Donald Trump said he would have responded the same way as Israel did after the October 7 attack by Hamas but urged the country to "finish up" its offensive in Gaza and "get this over with", warning about international support fading. "You have to finish up your war. You have to finish it up. You've got to get it done," he said in an interview with Israeli newspaper Israel Hayom. "We've got to get to peace. You can't have this going on, and I will say Israel has to be very careful because you are losing a lot of the world. You are losing a lot of support." Trump, who earlier this month became the Republican Party's presumptive nominee, brought up global criticism of Israel's offensive even as he has repeatedly attacked President Joe Biden's handling of the conflict. According to the newspaper's transcript of the interview, Trump said "Israel made a very big mistake" in releasing photos and videos of its offensive in Gaza, commenting the country's public image is "
One of Trump's fundraising groups spent $5.5 million on legal fees in February, draining money from his efforts to win the election
Prez Trump needs to pay a bond in a New York civil case in which he was found liable for fraudulently inflating his net worth by billions of dollars to secure better loans and insurance terms
The figure, which has consistently been below Trump's own estimates, is based on ethics disclosures required for presidential candidates
Trump Media & Technology Group, whose flagship product is social networking site Truth Social, will begin trading on the Nasdaq stock market on Tuesday. Shareholders of Digital World Acquisition Corp., a publicly traded shell company, approved a deal to merge with the Trump's media business in a Friday vote. The common stock of Trump Media & Technology Group will trade under the ticker symbol DJT." Former president Donald Trump is set to own most of the combined company or nearly 79 million shares. Multiply that by Digital World's closing stock price Friday of $36.94, and the total value of his stake could be nearly $3 billion.
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The decision by a mid-level state appellate court eases an acute cash crunch brought on by Trump's mounting legal expenses
Former US president Donald Trump has approached a New York State appeals court, asking it to allow him to post either a smaller bond or none at all in a civil fraud judgment against him
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US President Joe Biden and former President Donald Trump won Louisiana's primary on Saturday, collecting more delegates after they already clinched their party nominations. Biden also appeared in Missouri's Democratic primary, with results not expected to be reported until next week. None of the races were in suspense. Biden and Trump have already beaten their major competitors. But the primary races are still closely watched by insiders for turnout and signs of protest voters. For Biden, some liberals are registering their anger with Israel's war against Hamas following the militant group's October 7 attack. More than 30,000 people, two-thirds of them women and children, have been reported killed by Gaza authorities since Israel launched its offensive. A protest movement launched by Arab American communities in Michigan has spread to several other states. Trump is his party's dominant figure and has locked up a third straight Republican nomination. But he faces dissent from people
Donald Trump is returning to the stock market, and the former president stands to reap a sizeable payout in the process. Shareholders of Digital World Acquisition Corp, a publicly traded shell company, approved a deal to merge with the Trump's media business in a Friday vote. That means Trump Media & Technology Group, whose flagship product is social networking site Truth Social, will soon begin trading on the Nasdaq stock market. Trump is set to own most of the combined company or nearly 79 million shares. Multiply that by Digital World's closing stock price Friday of USD 36.94, and the total value of his stake could be nearly USD 3 billion. The greenlight arrives at a time the presumptive Republican presidential nominee is facing his most costly legal battle to date: a USD 454 million judgment in a fraud lawsuit. But Trump won't be able to cash out the deal's windfall immediately, unless the company's board makes changes to a lock-up provision that prevents company insiders ...
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Shareholders of Digital World Acquisition Corp (DWAC) , the SPAC that plans to list Trump Media & Technology Group on the stock market through a merger, voted in favor of the deal on Friday
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President Joe Biden opened a new line of attack against former President Donald Trump on Wednesday, asking and answering the classic are you better off today than you were four years ago question to remind voters of what it was like when Trump was in office. The Democratic president also criticised Trump for saying over the weekend that a bloodbath would follow if he loses to Biden again in November. Trump and his allies defended the rhetoric, saying the Republican's comments were about the US auto industry. Trump's critics had a different take. Folks, we can't stand for this, Biden said in his first public comments on Trump's bloodbath claim. We have to say it as Americans, as Democrats, as independents, as Republicans, that there's no place for political violence ever. Period. Biden sought to turn the tables on Trump with the better off riff. "Speaking of Donald Trump, just a few days ago, he asked the famous question at one of his rallies: Are you better off today than you were
"Unlike my predecessor, I was determined to turn things around, to invest in America, all of America, all Americans. And that's what we've been doing," Biden said