(Bloomberg) — The merger deal bringing Donald Trump’s media venture public carries a range of risks for its investors, including permission for the former president to resume tweeting about politics on rival social media platforms he has denounced like Twitter Inc. Trump, who will be chairman of the combined company that will bear his name, […]
Read More(Bloomberg) — Shares of the shell company taking Donald Trump’s media venture public extended their selloff after a report that a pair of key executives resigned and Elon Musk bought a sizable stake in social media competitor Twitter Inc. Digital World Acquisition Corp., the special-purpose acquisition company merging with Trump Media & Technology Group, fell […]
Read More(Bloomberg) — Donald Trump’s sagging fortune is suddenly poised to get a massive boost from meme-stock mania. News late Wednesday that the former president’s nascent media enterprise, Trump Media & Technology Group, is planning to go public via a special purpose acquisition company has sent retail investors into a frenzy, even with few details released. […]
Read More(Bloomberg) — From a WeWork office in Miami, an obscure financier by the name of Patrick Orlando has become an unlikely power behind what is, for a meme-stock minute, the ultimate MAGA stock: the nascent media company of former President Donald J. Trump. Orlando’s firm is set to be the money behind Trump Media and […]
Read MorePlus, Office Depot rejected another takeover offer from Staples, Microsoft is partnering with GM to invest in its Cruise self-driving startup, and Peloton shares are down following a downgrade from UBS.
Read MoreThese 2 under-the-radar internet stocks might be the best plays in the sector in 2021. Here’s why.
Read MorePlus, President Trump was impeached by the House for a second time, Delta shares are up even after reporting its worst year ever, and Yum Brands shares are up after its Taco Bell chain said it was bringing potatoes back.
Read MorePlus, Target saw its sales rise 17% during the holiday period, while Urban Outfitters saw its holiday sales fall, and Intel’s Swan is stepping down.
Read MorePlus, Shake Shack sales are up after the burger chain said sales grew last quarter, Boeing is down after reporting its worst year for net aircraft sales on record, and GM is launching an all-electric delivery van this year.
Read MorePlus, Twitter shares are down after permanently banning Trump, bitcoin is down more than 20%, and Crocs shares are surging higher after raising its outlook for the year.
Read MorePlus, the U.S. recorded its deadliest day of the pandemic yet, Trump conceded, bitcoin surged above $41,000, and Apple is reportedly in discussions with Hyundai on producing an electric car.
Read MorePlus, weekly jobless claims were little changed, Elon Musk is now the world’s riches person with Tesla stock at new highs, and Walgreens shares are up on an earnings beat.
Read MorePlus, President Trump urged election officials in Georgia to flip the state to him, Google workers formed a union, and Brookfield Asset Management is offering to take its real estate arm private.
Read MorePlus, Senate Majority Leader McConnell blocked efforts to pass $2,000 direct payments, Third Point urged Intel to seek “strategic alternatives,” and Tiffany’s shareholders approved LVMH’s takeover deal.
Read MorePlus, the House voted to approve $2,000 direct payments to Americans, a JPMorgan analyst said Nikola’s drama should be behind it in 2021, and Qualtrics filed to go public.
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