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Trump Media Announces All TV Streaming Data Centers Are Fully Operational
GlobeNewswire News Room· 2024-11-14 13:30
Truth+ Content Delivery Network Operating from Sites Across the Country SARASOTA, Fla., Nov. 14, 2024 (GLOBE NEWSWIRE) -- Trump Media & Technology Group (Nasdaq: DJT) ("TMTG" or the "Company"), operator of the social media platform Truth Social, is announcing today that it has completed the initial deployment of its cross-country network of data centers that power its custom-built content delivery network ("CDN"), and all planned data centers are now fully operational. The Company’s CDN is the technological ...
Trump Media CFO, two other insiders sell millions of dollars worth of DJT stock
CNBC· 2024-11-13 16:40
The chief financial officer of Trump Media and two other corporate insiders sold more than $16 million worth of company stock in the week following the presidential election, according to new disclosures.Most of the stock was sold by CFO Phillip Juhan, who in August adopted a trading plan that revealed his intention to sell 400,000 DJT shares by December 2025.Trump Media director Eric Swider and Glabe Scott, the company's general counsel, each sold fewer shares of the company, whose majority owner Donald Tr ...
Trump's 'border czar' could have more power, fewer hurdles on deportation policy
CNBC· 2024-11-11 23:02
President Donald Trump (C) holds a law enforcement roundtable on sanctuary cities, in the Roosevelt Room at the White House on March 20, 2018 in Washington, D.C. Trump was joined by Attorney General Jeff Sessions (L), and Homeland Security Secretary Kirstjen Nielsen, and Thomas Homan, acting director of Immigration and Customs Enforcement.President-elect Donald Trump's pick to carry out his sweeping deportation plans may be able to operate with more power, and less oversight from Congress, than some of his ...
Trump Says He Has 'NO INTENTION' of Selling 'DJT' Stock
Investopedia· 2024-11-08 20:20
Key Takeaways“I HAVE NO INTENTION OF SELLING,” President-Elect Donald Trump wrote on Truth Social Friday, citing “rumors” to the contrary.The statement helped shares of Trump Media & Technology Group higher after retreating earlier in the session. Concerns about Trump’s plans for his shares have been a weight on the company’s stock in recent months. Will Donald Trump sell shares of Truth Social's parent company? On Friday, the president-elect gave a resounding no.  “I HAVE NO INTENTION OF SELLING,” Trump w ...
Donald Trump Calls For Investigation Of Those Who Spread Rumors He Plans To Sell Off Truth Social Shares
Deadline· 2024-11-08 16:48
Donald Trump is calling for an investigation of those who spread “fake rumors or statements” that he plans to sell shares in Truth Social, his social media platform. The president-elect wrote on Truth Social this morning, “There are fake, untrue, and probably illegal rumors and/or statements made by, perhaps, market manipulators or short sellers, that I am interested in selling shares of Truth. THOSE RUMORS OR STATEMENTS ARE FALSE. I HAVE NO INTENTION OF SELLING! I hereby request that the people who have s ...
Trump Says He Has No Intention Of Selling Trump Media Shares
Forbes· 2024-11-08 16:47
ToplinePresident-elect Donald Trump said on social media Friday he has “no intention of selling” his shares of Trump Media & Technology Group, Truth Social’s parent company, despite rumors and false statements he claims are circulating, and shares of the company immediately jumped 4%.Trump said “fake, untrue, and probably illegal rumors” that he is seeking to sell his shares of ... [+] Trump Media & Technology Group are false and called for people saying that to be investigated.Copyright 2024 The Associated ...
Why private prison stocks are soaring
Finbold· 2024-11-08 11:00
Quite ironically, once Trump Media (NASDAQ: DJT) is excluded, one would be hard-pressed to find a stock that hasn’t seen a massive rally in the wake of Donald Trump’s reelection as the President of the United States.A relatively overlooked set of companies whose shares have also seen stellar surges are the controversial American private prison firms. Two of the industry’s most prominent corporations, CoreCivic (NYSE: CXW) and Geo Group (NYSE: GEO) were even among the best-performing assets on November 7. CX ...
Investors accuse the ex-CEO of the company that helped take Trump Media public of stiffing them out of millions of shares
Business Insider· 2024-11-07 22:00
Investors accuse Florida businessman Patrick Orlando of diverting millions of Trump Media shares from them.Orlando was the CEO of the blank check firm that helped take Trump Media public.Plaintiffs say in a lawsuit that Orlando "engaged in malicious and intentional self-dealing." Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite top ...
Trump takes a rare break from social media after election win
CNBC· 2024-11-07 20:19
Republican presidential nominee, former U.S. President Donald Trump arrives to speak with former first lady Melania Trump during an election night event at the Palm Beach Convention Center on November 06, 2024 in West Palm Beach, Florida.Donald Trump has never been shy about touting his accomplishments. Yet after achieving what is arguably the greatest political feat of his career, the new president-elect has so far been silent on the social media platforms where he is normally a ubiquitous presence.As of T ...
Why Trump Media Stock Is Plummeting Today
The Motley Fool· 2024-11-07 19:57
Donald Trump won the 2024 presidential election. So why is Trump Media stock sinking? Trump Media (DJT -21.57%) stock is seeing big sell-offs in Thursday's trading. The company's share price was down 20.4% as of 2:45 p.m. ET. Despite Donald Trump's victory in the presidential election, Trump Media stock is losing ground today. While there isn't any new business-specific news for the company or unfavorable political developments for Donald Trump, the social media specialist's share price is moving lower as i ...