12-16-2024, 06:17 PM
Uagq WATCH: Trump hails jobs report, but unemployment rate still high
NEW YORK AP 鈥?As Donald stanley cup Trumps 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 038; Te stanley cup chnology 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 Worlds place on the Nasdaq stock exchange.Trump Media debuts with a stock price near $50 and a market value of about $6.8 billion, and will begin trading under the ticker symbol DJT. Many of Digital Worlds 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.Theyre betting on a company that has yet to turn a profit. Trump Media lost $49 million in the first nine months of last year, when it brou stanley cup ght in just $3.4 million in revenue and had to pay $37.7 million in interest expenses. In a recent regulatory filing, the company cited the high rate of failure for new social media platforms, as well as the companys expectation that it will lose money on its operations for the foreseeable future as risks for investors.WATCH: Trump hush money trial set for April 15 as N.Y. court reduces fraud bondTruth Social launched in February 2022, one year after Trump was banned from major Eewd China sends 71 warplanes, 7 ships toward Taiwan
President Donald Trump and Democrat Joe Biden will have their microphones cut off in Thursdays debate while their rival delivers yeezy their opening two-minute answer to each of the debate topics.The 90-minute debate is divided into six 15-minute segments, with each candidate grante adidas originals d two minutes to deliver uninterrupted remarks before proceeding to an open debate. The open discussion portion of the debate will not feature a mute button, but interruptions by either candidate will count toward their time in the second and final debate Thursday.The nonpartisan Commission on Presidential Debates announced the rule changes Monday, three weeks after a chaotic opening faceoff between the two presidential contenders that featured frequent interruptions 鈥?most by Trump.READ MORE: Trumps struggles in the suburbs put North Carolina in play for BidenThe commission has faced pressure from the Trump campaign to avoid changing the rules, while Bidens team was hoping for a more ordered debate. In a statement, the commission said it had determined that it is appropriate to adopt measures intended to promote adherence to agreed upon rules and inappropriate to make changes to those rules. Trump plans to attend Thursdays debate with Biden despite rule changes opposed by his campaign 鈥?that are meant to foster more ordered discussions.Trump campaign manager Bill Stepien says Trump is committed to debating Joe Biden regardless of last minute ru adidas samba le changes from the biased commission in their lat
NEW YORK AP 鈥?As Donald stanley cup Trumps 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 038; Te stanley cup chnology 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 Worlds place on the Nasdaq stock exchange.Trump Media debuts with a stock price near $50 and a market value of about $6.8 billion, and will begin trading under the ticker symbol DJT. Many of Digital Worlds 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.Theyre betting on a company that has yet to turn a profit. Trump Media lost $49 million in the first nine months of last year, when it brou stanley cup ght in just $3.4 million in revenue and had to pay $37.7 million in interest expenses. In a recent regulatory filing, the company cited the high rate of failure for new social media platforms, as well as the companys expectation that it will lose money on its operations for the foreseeable future as risks for investors.WATCH: Trump hush money trial set for April 15 as N.Y. court reduces fraud bondTruth Social launched in February 2022, one year after Trump was banned from major Eewd China sends 71 warplanes, 7 ships toward Taiwan
President Donald Trump and Democrat Joe Biden will have their microphones cut off in Thursdays debate while their rival delivers yeezy their opening two-minute answer to each of the debate topics.The 90-minute debate is divided into six 15-minute segments, with each candidate grante adidas originals d two minutes to deliver uninterrupted remarks before proceeding to an open debate. The open discussion portion of the debate will not feature a mute button, but interruptions by either candidate will count toward their time in the second and final debate Thursday.The nonpartisan Commission on Presidential Debates announced the rule changes Monday, three weeks after a chaotic opening faceoff between the two presidential contenders that featured frequent interruptions 鈥?most by Trump.READ MORE: Trumps struggles in the suburbs put North Carolina in play for BidenThe commission has faced pressure from the Trump campaign to avoid changing the rules, while Bidens team was hoping for a more ordered debate. In a statement, the commission said it had determined that it is appropriate to adopt measures intended to promote adherence to agreed upon rules and inappropriate to make changes to those rules. Trump plans to attend Thursdays debate with Biden despite rule changes opposed by his campaign 鈥?that are meant to foster more ordered discussions.Trump campaign manager Bill Stepien says Trump is committed to debating Joe Biden regardless of last minute ru adidas samba le changes from the biased commission in their lat