Shares of Trump Media Jump After Company Says It Is Flush $200 Million in Cash and Debt-Free
Trump Media shares soared Tuesday after the company announced it was debt-free and had more than $200 million in cash on hand. Shares of Trump Media & Technology Group, which trades under the ticker DJT, rose about 6% on Tuesday, partially reversing Monday’s 21% decline. Year-to-date, the stock is up 198%. “We are excited to […]
DeSantis notches win in lawsuit over migrant flights, but company that arranged them not in the clear yet
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Truth Social parent company lost $58 million in 2023
The parent company of former President Trump’s Truth Social platform reported a $58 million loss in 2023. New regulatory filings. Trump Media & Technology Group, which went public last week, had revenue of about $4.1 million last year and had revenue of just over $750,000 in the fourth quarter, the Securities and Exchange Commission said. […]
Trump Media shares plunge after company reports $58 million loss in 2023
Former President Trump’s social media company tumbled on the stock market Monday after it reported an annual loss of $58 million in a regulatory filing Monday. Shares of Trump Media & Technology Group, the parent company of Trump’s platform Truth Social, fell about 24% shortly after 1 p.m. EDT. The stock price fell to about […]
Tim Tebow and wife Demi-Leigh partner with company giving ex-convicts second chance: ‘What grace is all about’
Former NFL quarterback Tim Tebow and wife Demi Lee are lending star power to America’s largest second-chance employer in hopes of giving former inmates hope of getting back on their feet after being released from prison. . Cincinnati-based Nehemiah Manufacturing Co. says its goal is to “build brands and create jobs, especially by allowing people […]
Alexis Lafreniere’s hat trick helps him join elite Rangers company
TEMPE, Ariz. — After Alexis Lafrenière buried his third goal of the night into an empty net for the first hat trick of his career, the number of hats that covered the ice at Mallett Arena was an incredible sight. revealed that he was at the venue. In the Blueshirts’ 8-5 win over the Coyotes […]
Trump social media company defies expectations in stock market debut
The parent company of former President Trump’s platform Truth Social has missed expectations in its first week on the stock market. Trump Media & Technology Group stock closed at about $62 per share Thursday after a tumultuous week of trading. Shares of Digital World Acquisition Corporation (DWAC), the “blank check” company that Trump Media merged […]
Far-Left Satire Site ‘The Onion’ Part of Parent Company Fire Sale
The Onion, a once-funny far-left satire site, is now part of a fire sale run by its parent company, G/O Media. G/O Media had already unloaded sports sites Deadspin and feminist Jezebel. On Tuesday, the beleaguered and shrinking G/O announced it had sold left-wing entertainment site The AV Club and food site The Takeout. of […]
Chinese company buys BMW-powered flying car technology that allows vehicles to reach 8,200 feet
A Chinese company has purchased BMW-powered flying car technology that has successfully undergone test flights in Europe. The flying car, known as AirCar, is a Slovak-designed, four-wheel, two-seater vehicle that transforms into a road-legal vehicle in just three minutes on the ground. The AirCar comes with a pusher propeller, switchblade-style retractable wings, and a telescoping […]
Chinese company buys European flying car technology
China’s XPENG AEROHT conducts first public flight of electric flying car A Chinese company has purchased BMW-powered flying car technology that has successfully undergone test flights in Europe. The flying car, known as AirCar, is a two-seater vehicle with four wheels designed in Slovakia. Transforms into a road legal vehicle It will reach the ground […]