#SPAC News

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Trump Will Be World's 7th Richest Person, Says Peter Schiff, If MAGA Investors Push Newly-Listed DJT Stock To $2K

benzinga.com Renowned economist Peter Schiff has made a bold prediction about the potential rise of Trump Media & Technology Group DJT stock and its impact on former President Donald…

Top ad guru Martin Sorrell downplays chances of Trump's Truth Social capturing serious market share

cnbc.com Advertising guru Martin Sorrell has questioned the prospects of Donald Trump's newly public Truth Social platform, saying it was currently "unfathomable" that clients would…

Donald Trump’s net worth more than doubles in one day after TMTG went public

forbes.com.au Donald Trump got more than $4 billion richer on Tuesday after shares of Trump Media & Technology Group, which operates the Truth Social platform, began trading on the…

'SPAC King' Chamath Palihapitiya fires two partners at venture-capital firm

financialpost.com Social Capital, the venture capital firm led by podcaster and former Facebook executive Chamath Palihapitiya, fired two of its partners, citing an undisclosed “situation,”…

Trump’s Truth Social costliest US stock to bet against after wild public debut

nypost.com The Donald Trump-tied media firm behind “Truth Social” became the most expensive US stock for investors to bet against after surging in its public trading debut – even as…

A meme-stock comeback is underway. Use these 3 criteria to identify them, according to a market strategist

aol.com None Meme stocks have returned in recent days, according to market strategist Steve Sosnick. • None The sharp rallies in stocks like Reddit and Truth Media highlight the…

3 Tech Stocks to Sell ASAP Before the Bubble Bursts

investorplace.com These stocks can be expected to drop should the current market rally falter The stock market remains at an all-time high. However, many analysts and market observers are…

Trump Media Pop Is Giving DJT Stock Short Sellers a Run for Their Money

investorplace.com DJT and DWAC stock short sellers are down by $158 million this year Trump Media & Technology Group (NASDAQ:DJT) stock is up more than 45% during the past five trading days…

What to know about Trump's Truth Social stock market debut

marketplace.org Former President Donald Trump’s media company is now officially publicly traded. Shares of Trump Media & Technology Group, the parent company of Truth Social, are trading on…

Where Fisker went wrong: Once seen as a strong EV challenger, the automaker has now been delisted and is on the brink of bankruptcy

finance.yahoo.com Fisker Inc. once likened itself to Apple. CEO Henrik Fisker wanted his EV startup, which just got kicked out of the New York Stock Exchange, to be different from others.…

Why Rumble Stock Skyrocketed Today

finance.yahoo.com Rumble (NASDAQ: RUM) stock surged in Tuesday's trading. The video-streaming company's share price ended the daily session up 15.4%, according to data from S&P Global Market…

Futures Rise, Trump Stock Pops Late; 5 AI Plays Near Buy Points

investors.com Dow Jones futures rose slightly overnight, along with S&P 500 futures and Nasdaq futures. The stock market rally had a relatively quiet Tuesday, with the Nasdaq leading a…

DJT stock soars 50% on Trump’s Truth Social Nasdaq debut: Here’s how that compares to Reddit, WeWork IPOs

fastcompany.com As Donald Trump might put it, a lot of people are saying, why is Trump Media & Technology Group (TMTG) trading for such a huge amount of money? The company that runs…

DJT stock price today will be closely watched as Trump’s Truth Social makes Nasdaq debut

fastcompany.com Shares of Trump Media & Technology Group Corp., ex-president Donald Trump’s media company—which owns Truth Social—will begin publicly trading when stock markets open today.…

DWAC says Truth Social won’t be profitable ‘for the foreseeable future’ as investors eye risky SPAC merger

fastcompany.com Trump Media & Technology Group (TMTG), the Donald Trump-backed media organization and parent company of Truth Social, is on the precipice of going public via a special…

Donald Trump’s Truth Social could be the meme-iest meme stock that ever memed

fastcompany.com Truth Social’s parent will be a publicly-traded company as early as next week, after investors in Digital World Acquisition authorized the merger of that special purpose…

Trump’s Truth Social is now a public company. Experts warn its multibillion-dollar valuation defies logic

cnn.com For the first time in almost 30 years, part of Donald Trump’s business empire has gone public. Trading started with a bang, but the frenzy eased considerably by the closing…

Dow Jones Futures: Donald Trump Stock Great Again? Tesla Hits Resistance, 5 AI Stocks Near Buy Points

investors.com Dow Jones futures rose slightly after hours, along with S&P 500 futures and Nasdaq futures. The stock market rally had a relatively quiet Tuesday, with the Nasdaq leading a…

Reddit ignites meme stock resurgence, further signs of 'bull market in everything'

finance.yahoo.com Reddit became synonymous with the meme stock rally of 2021. Now, its stock has become a meme itself. Reddit stock (RDDT) popped more than 12% on Tuesday and has rallied more…

Shares In Truth Social Parent Trim Initial Gains But Still Impress In Nasdaq Debut, Boosting Value Of Donald Trump’s Majority Stake To $4.5B

deadline.com Shares in Truth Social parent Trump Media & Technology Group gave back most of their initial gains but still posted a strong debut on the Nasdaq, boosting the value of…

Jim Cramer Is Worried About Lucid Following Fisker Stock Collapse, NYSE Delisting

benzinga.com Fisker Inc FSR stock was delisted from the New York Stock Exchange Tuesday, and Jim Cramer said another EV startup could suffer the same fate. Fisker’s Downward Spiral: In a…

Why investors aren't betting against Trump's Twitter clone

aol.com None Donald Trump's social media company is trading on the Nasdaq at an eye-popping valuation. • None It should be a real target for short-sellers betting against the stock.…

Trump Media Is Now the Most Expensive US Stock to Bet Against

finance.yahoo.com Betting against former president Donald Trump’s social media startup is one of the most difficult and expensive short trades in the market, according to financial analytics…

Kevin O'Leary Says 'Thank Goodness the Adults Came to the Rescue' Following Donald Trump's Bond Reduction to $175 Million

finance.yahoo.com In an interview with Fox News reacting to the reduced bond facing Former President Donald Trump, Kevin O'Leary said, "Thank Goodness the adults came to the rescue." Former…

Trump Media is now a company. But is it a business?

semafor.com The Facts Susquehanna International Group makes its money buying and selling stocks in milliseconds, eking out fractions of a penny each time. At one millisecond at the end…

Trump Media & Technology Group Soars on Market Debut

marketbeat.com Trump Media & Technology Group NASDAQ: DJT, the parent company behind the social media app Truth Social, has made a resounding entrance into the stock market, capturing the…

"So It Goes"... Just Not Towards Low CPI Or Neutral Rates

zerohedge.com "So It Goes"... Just Not Towards Low CPI Or Neutral Rates By Michael Every of Rabobank Yesterday’s Global Daily underlined we shouldn’t look to central banks or markets for…

Trump Media stock soars 59% after Truth Social parent adopts 'DJT' ticker symbol

aol.com None Trump Media and Technology Group soared as much as 59% on Tuesday after it went public via a SPAC merger. • None The Truth Social parent began trading under the "DJT"…

Trump's Troubled 'Truth'

mediapost.com The story of how Truth Social has arrived at a moment to become a public company seemingly overnight is a complicated financial journey -- but one worth unpacking. The…

‘Strange Coincidences’: NBC Reporter Tracks the Connections Between GOP Mega-Donor And Trump’s Latest Financial Windfall

mediaite.com MSNBC host Stephanie Ruhle discussed former President Donald Trump potentially cashing in on his Truth Social platform with New York Times reporter Susanne Craig and NBC…

Truth Social parent company shares soar in stock market debut

thehill.com Shares of former President Trump’s social media startup rose nearly 50 percent after debuting on the stock market Tuesday, triggering a pause on trading. Trump Media &…

Now that Trump's Truth Social has hit the stock market, a look at the DJT stock price

finance.yahoo.com Donald Trump’s social media platform is now trading on the stock market. The parent company of Truth Social, Trump Media & Technology Group, went public Tuesday morning…

Is Donald Trump's Truth Social's Public Debut Worth The Hype? Expert Urges Caution

benzinga.com Investors eager to support former President Donald Trump’s social media venture, Truth Social, may face disappointment, according to Helaine Olen, author and columnist. What…

DJT Stock Alert: 7 Things to Know as Trump Media & Technology Group Starts Trading Today

investorplace.com Former President Trump added $4 billion to his net worth with the successful SPAC IPO of Trump Media With its SPAC merger now complete, Trump Media & Technology Group…

Trump’s social media group soars ahead of Nasdaq debut

ft.com Trump Media & Technology rises 26% in pre-market trading after Spac deal approved

Trump’s Truth Social is going public today. Experts warn $9 billion valuation defies logic

aol.com For the first time in almost 30 years, part of Donald Trump’s business empire is going public. Trump Media & Technology Group, the owner of struggling social media platform…

Trump stock soars after bond reduction

newsweek.com Shares of Digital World Acquisition Corp. (DWAC) soared on Monday as it confirmed its merger with Trump Media & Technology Group Corp. (TMTG) and after former president…

Truth Social parent company to hit stock market Tuesday

thehill.com The newly formed parent company for Truth Social will debut on the stock market Tuesday, bringing to a close a years-long merger that is set to net former President Trump…

Some Traders Redeemed Shares of Trump-Tied SPAC at 75% Loss Ahead of Vote

finance.yahoo.com Some investors in the blank-check firm taking Donald Trump’s nascent media company public voluntarily took a 75% loss by pulling out of the deal. • None Trump Vows to Pay…

Truth Social ‘Is Essentially Worthless’: MSNBC Analyst Says Shares Would ‘Go to Zero’ If Trump Tried To Sell

mediaite.com As former President Donald Trump scrambles for cash to pay the reduced $175 million bond in his civil fraud case, some have speculated that he’ll have billions more at his…

Not-So 'Broke' Don: Trump Net Worth Tops $6.4 Billion On SPAC Deal

zerohedge.com Not-So 'Broke' Don: Trump Net Worth Tops $6.4 Billion On SPAC Deal Former President Donald Trump's net worth has topped $6.4 billion on Monday following the completion of a…

Trump's Truth Social to start trading under the ticker "DJT" on Tuesday

aol.com Former President Donald Trump's Truth Social will begin trading under the ticker "DJT" on Tuesday, putting the real estate tycoon — and his initials — at the helm of a…

Dear DWAC Stock Fans, Truth Social Will Start Trading Tomorrow as DJT Stock

investorplace.com Here's what investors may want to watch this week, as what could be the highest-profile SPAC merger of the year unfolds The world of special purpose acquisition corporation…

3 Wide-Moat Stocks That Could Triple By 2030

investorplace.com A rising tide has left some fantastic names behind Reddit (NYSE:RDDT) saw its shares rocket 48% on its first trading day last week. The stock was oversubscribed by as much…

Trump’s Social Media Company Is Set to Trade Tuesday on Nasdaq

finance.yahoo.com Shares of the blank-check company merging with former president Donald Trump’s social media startup surged as much as 27% Monday, after the combined firm announced it is set…

Trump's media stock will start trading Tuesday. Here's what to know

aol.com Donald Trump's media company is set to make its debut on the stock market Tuesday, a development that could generate a windfall for the cash-strapped former president. His…

Watch: Why the company behind Trump's Truth Social joined the growing IPO trend

techcrunch.com The Reddit and Astera Labs IPOs last week ate up a lot of media oxygen. And with good reason, the two tech IPOs priced well and traded with even more gusto. After a long…

DWAC climbs 10% after shareholders approve merger with Trump's media group

cnbc.com In this photo illustration, Digital World Acquisition Corp (DWAC) logo is seen on a smartphone and Trump Media & Technology Group (TMTG) logo on a pc screen. Shares of…

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