DJT - Trump Media & Technology Group Corp.
Eric Swider clarifies his April 2026 departure from the Trump Media board and reaffirms he left on good terms. Veteran SPAC and governance leader now dedicating his full attention to Rubidex and its next phase of strategic growth and capital-markets preparation.
The effort to launch Truth Social-branded cryptocurrency exchange-traded funds has come to an abrupt stop after Yorkville America Digital, LLC, which was the sponsor of the ETFs application, wrote to the US Securities and Exchange Commission (SEC) requesting the withdrawal of the application. Yorkville America Digital indicated that the decision was linked to a broader restructuring of its ETF plans and a shift toward a different regulatory framework.
Trump Media & Technology is set to merge with a fusion power company, as the broader fusion sector is seeing new regulations and receiving boosts from the White House.
President Donald Trump scooped up shares of artificial intelligence software maker Palantir weeks before he famously praised the stock on Truth Social. Trump sold as much as $5 million worth of Palantir on Feb. 10.
Trump Media & Technology reported Q1 revenues of $871K, up just 6% year-over-year, with losses ballooning to $405.8 million. DJT's expenses far outpace revenues, and the company remains deeply unprofitable even excluding non-cash items. Despite $1.87 billion in cash and investments, liquidity is constrained by locked-up assets and rising debt; positive cash flow in Q1 was driven by delayed payables.
Trump Media & Technology Group Corp. has seen severe strategic and executional missteps under former CEO Devin Nunes, with minimal revenue and an enterprise value near $1.3 billion. DJT's operating business is essentially nonexistent, with Q1 advertising revenue down 25% year-over-year to $617,000 and negligible growth across all segments. Leadership change brings cautious optimism, but the board and interim CEO McGurn lack clear public company and capital allocation expertise.
Trump Media and Technology Group reported a wider first-quarter loss despite positive operating cash flow and a strong balance sheet, while investors focused on its Truth Social expansion and future growth plans.
~ Total Assets of $2.2 Billion and Over $2 Billion in Financial Assets * ~ ~ $17.9 Million Cash Provided by Operating Activities with Fourth Consecutive Quarter of Positive Operating Cash Flow ~ ~ Truth Social, Truth+ Enhancements Continue as TMTG Moves toward Prospective Merger with TAE Technologies ~ SARASOTA, Fla., May 08, 2026 (GLOBE NEWSWIRE) -- Trump Media and Technology Group Corp. (Nasdaq, NYSE Texas: DJT) (“TMTG” or the “Company”), operator of the social media platform Truth Social, the video streaming service Truth+, and the financial services and FinTech brand Truth.Fi, is announcing its financial results for the fiscal quarter ending on March 31, 2026, and is filing its Form 10-Q with the Securities and Exchange Commission (the “SEC”) today.
The pitch was simple: buy the ticker, ride the brand. Two years after Trump Media & Technology Group (NASDAQ:DJT) went public in March 2024 via a merger with Digital World Acquisition Corp, the math on that trade is brutal for people who bought near the top.
Kevin McGurn helped drive the company's unexpected foray into fusion energy. Now, he will have to figure out how to manage a diverse group of businesses as its CEO.
After a significant jump between April 27 and 28, Trump Media & Technology (NASDAQ: DJT) stock short volume ratio inched higher and ended the month at its highest value in at least two weeks.
United States President Donald Trump executed 175 financial transactions in March 2026, trades that mainly involved purchases.
Trump Media & Technology (DJT) has taken investors on a wild ride. Unfortunately for them, it's mostly been downhill.
The Trump business behind Truth Social is replacing a former congressman and big supporter of the U.S. president as the leader of the social media platform after a stock collapse that wiped out billions in investor wealth.Devin Nunes, a former California congressmen in Donald Trump's first term, is being replaced temporarily by digital media executive Kevin McGurn as chief executive officer. The company, Trump Media & Technology, didn't give a reason for Nunes leaving or provide a timeline for his permanent replacement.After soaring shortly before Trump's re-election in November 2024, stock in the company plunged 67%, wiping out more than $6 billion in investor wealth.Trump Media was formed by the Trump family as an alternative to social media giants that had barred him from posting on their platforms after the January 6, 2021 Capitol riots.
Trump Media and Technology Corp., which operates the social media platform Truth Social, has named Kevin McGurn as interim CEO to succeed Devin Nunes. McGurn, a former executive at T-Mobile USA, Vevo and Hulu, has been an advisor to the company since December, 2024.
SARASOTA, Fla., April 21, 2026 (GLOBE NEWSWIRE) -- Trump Media and Technology Group Corp. (Nasdaq: DJT) (“Trump Media” or the “Company”), operator of the social media platform Truth Social, the video streaming service Truth+, and the financial services and FinTech brand Truth.Fi, today announced the appointment of Kevin J. McGurn as Interim Chief Executive Officer (“CEO”), effective immediately.
President Donald Trump on Monday morning deleted a Truth Social post with an image showing Trump appearing like Jesus Christ after it was met with backlash. "I did post it.
President Donald Trump's Truth Social account removed an image showing Trump appearing like Jesus Christ. Trump's account posted the image, which appears to have been generated with artificial intelligence, after the president blasted Pope Leo XIV for criticizing U.S. military actions against Iran.
Trump Media & Technology Group said on Friday that Eric Swider, a key figure in the company's public listing, had resigned from its board.
Trump Media lost ground as month amid bearish pressures for the market and business-specific uncertainties. The company's last earnings report showed little revenue.