DJT - Trump Media & Technology Group Corp.
RUM Group (NASDAQ:RUM) stock is up 11% to $10.44 Tuesday midday after CEO Chris Pavlovski publicly named CoreWeave (NASDAQ:CRWV) and Nebius Group (NASDAQ:NBIS | NBIS Price Prediction) as targets for the company's
Interim CEO Kevin McGurn at Trump Media & Technology Group (NASDAQ:DJT) used a television appearance on CNBC to defend the company's newest revenue product, the Truth API, describing the underlying technology as standard practice across large social platforms.
RUM Group (NASDAQ:RUM) stock is up 7% to $9.68 midday Monday after the company said it signed a commercial agreement worth approximately $13.7 billion to supply GPUs and GPU services to an unnamed U.S.
Trump Media interim CEO Kevin McGurn defended his company offering faster access to President Donald Trump's Truth Social posts. More customers have signed up for the pricey and controversial service, McGurn told CNBC's "Squawk Box.
Two Trump-adjacent alternative-media platforms are converging on the same share price from opposite directions Friday, and the split reveals how the market is scoring their capital-allocation choices.
Cryptocurrency and blockchain-related stocks surged in premarket trading on Thursday after U.S. President Donald Trump urged Congress to pass legislation establishing clear rules for the digital asset sector, following a White House meeting with industry executives.
Trump Media stock has come under intense pressure this month as it continued to underperform the broader market. DJT dropped to $8, its lowest level since July 8 and 40% lower than where it started the year.
Trump Media & Technology Group (NASDAQ:DJT) stock is down 4% to $7.96 in late-morning trading Monday after the company signaled a retreat from the bitcoin treasury strategy it embraced last year.
The transaction involved the disposition of 25,546 shares for an estimated value of $213,000 on August 13. The disposition reduced the insider's direct equity holdings by 4%.
The transaction involved the disposal of 29,957 shares at $8.33 per share, representing an estimated $249,500 value as of August 13. This disposition reduced the executive's direct equity holdings by 3%.
The disposition of 16,509 shares on August 13 was valued at approximately $137,000 based on a weighted average price of $8.33. The non-discretionary transaction reduced the insider's direct equity position by 12%.
Trump Media & Technology reported Q2 earnings this week. The company is still searching for a business model.
President Trump has an unprecedented array of income streams pouring right into the Oval Office, but a lucrative new scheme may run afoul of the Constitution.
The transaction involved 18,817 shares at a weighted average price of $8.33 per share, representing a total value of ~$157,000 on August 13, 2026. The move reduced the executive's direct equity holdings by 3% while maintaining a total beneficial position of ~582,000 shares.
Donald Trump was sued on Wednesday by two media entities seeking to shut down a new service that sells paid access to the U.S. president's posts, including some that can move markets, on his Truth Social platform.
Three names stood out among Wednesday's decliners heading into the close. Trump Media & Technology Group (NASDAQ:DJT), Joby Aviation (NYSE:JOBY | JOBY Price Prediction), and Archer Aviation (NYSE:ACHR) all finished the regular session sharply lower, with declines ranging from roughly 5% to more than 7%.
President Donald Trump was sued over the early access service for his Truth Social posts. The federal lawsuit slams the service as "profoundly corrupt" and unconstitutional.
This is a developing story.
President Donald Trump was sued over the controversial sale of advance notifications of his posts on Truth Social. "This scheme is extraordinary, corrupt, and unconstitutional, and Plaintiffs bring this case to stop it," the suit in a federal court in New York says.
Trump Media & Technology Group Corp. reported Q2 sales of $1.67M, up 89% y/y, but remains unprofitable with ballooning losses and minimal operational improvement. I maintain a Strong Sell rating on DJT, citing persistent cash burn, unsustainable business model, and repeated pivots with no viable path to profitability. Despite $215M in cash and a long runway, DJT's core operations are stagnant, and reliance on capital markets is unsustainable without dramatic improvement.