Stocks and Investing Stocks and Investing
Mon, January 20, 2025
[ 07:01 PM ] - Kiplinger
5 Tips for Investing in the Trump Presidency
[ 05:01 PM ] - MSN
Is Nuvalent, Inc. (NUVL) Among Billionaire Joseph Edelman's Long-Term Stock Picks?
[ 05:01 PM ] - Yahoo
Space infrastructure company Redwire to buy Edge Autonomy for $925 million
[ 04:41 PM ] - MSN
3 ASX dividend stocks to buy and hold until 2035
[ 03:41 PM ] - MSN
Is Immatics N.V. (IMTX) Among Billionaire Joseph Edelman's Long-Term Stock Picks?
[ 03:41 PM ] - MSN
Is Artivion, Inc. (AORT) Among Billionaire Joseph Edelman's Long-Term Stock Picks?
[ 03:41 PM ] - MSN
Is Tarsus Pharmaceuticals (TARS) Among Billionaire Joseph Edelman's Long-Term Stock Picks?
[ 03:41 PM ] - Reuters
Focus: Trump Media's true believers bet on stock surge as presidency begins
[ 02:21 PM ] - MSN
Underperform rating for Delivery Hero stock citing competition in Korea and MENA markets
[ 01:41 PM ] - FXStreet
Are banks the new defensive play?
[ 12:41 PM ] - MSN
Here's Some Reassuring News for Anyone Invested in Quantum Computing Stocks
[ 12:41 PM ] - Forbes
Trump's 'Drill Baby Drill' - Why SLB Could Lead Energy Sector In 2025
[ 12:21 PM ] - MSN
Is It Worth Investing in ACM Research (ACMR) Based on Wall Street's Bullish Views?
[ 11:41 AM ] - MSN
Goldman Sachs sees value in diversifying stocks beyond Magnificent 7
[ 11:21 AM ] - MSN
$3.0 trillion in AI capex: could that benefit iDEGEN in 2025?
[ 09:21 AM ] - MSN
AMD: Loop Capital's Buy Rating Reinforces Investor Confidence
[ 09:21 AM ] - BBC
Trump urges US Supreme Court to delay TikTok ban
[ 09:01 AM ] - MSN
2 things that could sink the Lloyds share price in 2025
[ 08:41 AM ] - MSN
2 Reasons I'm Bullish on Uber Stock
[ 08:41 AM ] - Yahoo
Nvidia Stock Has Started 2025 Slowly. Get Used to It.
[ 08:41 AM ] - MSN
3 Subtle Investing Mistakes I Won't Repeat in 2025 And Beyond
[ 08:30 AM ] - WOPRAI
Short squeeze is starting in shares of SLAM at $1 .. 7, after crossing above the $10.197 Trigger Price
[ 08:30 AM ] - WOPRAI
Short squeeze is starting in shares of PKKW at $1 .. 3, after crossing above the $11.503 Trigger Price
[ 08:30 AM ] - WOPRAI
Short squeeze is starting in shares of LIDRW at $ .. 72, after crossing above the $0.071 Trigger Price
[ 08:30 AM ] - WOPRAI
Short squeeze is starting in shares of INCY at $7 .. 5, after crossing above the $72.091 Trigger Price
[ 08:30 AM ] - WOPRAI
Short squeeze is starting in shares of HEAR at $1 .. .15, after crossing above the $17.6 Trigger Price
[ 08:30 AM ] - WOPRAI
Short squeeze is starting in shares of FPI at $11 .. 5, after crossing above the $11.711 Trigger Price
[ 08:30 AM ] - WOPRAI
Short squeeze is starting in shares of CHGCF at $ .. 5, after crossing above the $44.163 Trigger Price
[ 08:30 AM ] - WOPRAI
Short squeeze is starting in shares of ALRN at $2 .. 03, after crossing above the $1.281 Trigger Price
[ 07:41 AM ] - MSN
3 Pieces of Noise to Ignore With Bitcoin, Solana, and Ethereum

Focus: Trump Media's true believers bet on stock surge as presidency begins


Published on 2025-01-20 15:41:19 - Reuters
  Print publication without navigation

  • One night in late October, Whitney Patterson spotted a YouTube video about people buying shares in Trump Media & Technology Group , the U.S. president-elect's social media and streaming company.

The article from Reuters discusses the financial and political dynamics surrounding Trump Media & Technology Group (TMTG), which operates Truth Social, a social media platform favored by former President Donald Trump and his supporters. Despite TMTG's lack of significant revenue and ongoing financial losses, its stock, trading under the ticker DJT, has seen a surge in interest and value, largely driven by Trump's loyal base of supporters. These investors, often referred to as "Trump's true believers," are betting on the stock's potential rise if Trump were to win the presidency again in 2025, anticipating that his political success could boost the company's fortunes. The stock's volatility is highlighted by its dramatic fluctuations, with shares jumping significantly after Trump's victories in the Iowa caucuses and New Hampshire primary. However, the article also notes skepticism from financial analysts about the stock's long-term viability, pointing out that its value seems more tied to Trump's political fortunes than to the company's business fundamentals.

Read the Full Reuters Article at:
[ https://www.reuters.com/business/media-telecom/trump-medias-true-believers-bet-stock-surge-presidency-begins-2025-01-20/ ]
Contributing Sources