DWAC

A board member of Trump Media & Technology Corp (NASDAQ:DJT), the parent company of Truth Social, has been implicated in a hacking lawsuit. The lawsuit was filed in the Southern District of Florida. What Happened: According to a report by WIRED, Eric Swider, a board member of Trump Media and ex...

In a recent development, two brothers have admitted to their participation in a $22 million insider trading scheme linked to the company that brought former President Donald Trump’s social media company Trump Media & Technology Group (NASDAQ:DJT) to the public market. What Happened:...

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 Happened: Truth Social went public today, following its approved merger with the little-known publicly traded Digital...

Former President Donald Trump is about to get richer by $3 billion thanks to the merger of his social media company Truth Social with Digital World Acquisition Corp. (NASDAQ:DWAC). However, CNBC’s Herb Greenberg thinks DWAC is a "meme stock on steroids." What Happened: Trump Media &...

Major U.S. indices ended in the green on Monday with the Dow Jones Industrial Average gaining 0.2% to 38,790.43 and the S&P 500 rising 0.6% to 5,149.42. The Nasdaq was up 0.8% at 16,103.45 at the end of the day. These are the top stocks that gained the attention of retail traders and investors...

Major U.S. indices were mixed on Tuesday with the Dow Jones Industrial Average down 0.25% at 37,905.45 at the end of trading. The S&P 500 rose 0.29% to 4,864.60, while the tech-heavy Nasdaq ended the session up 0.43% at 15,425.94. These are the top stocks that gained the attention of retail...

The stock market witnessed a remarkable performance today, with major indices like the S&P 500 and the Nasdaq continuing their upward trajectory. The Dow Jones Industrial Average rose 0.4% to 38,001.81, while the S&P 500 increased 0.2% to 4,850.43. The tech-heavy Nasdaq appreciated 0.3% to...

The U.S. stock market resumed its decline on Tuesday following a one-day closure for Martin Luther King Jr. Day. The major indices were all red at the end of the trading day in New York as investors continued to monitor corporate earnings season and prospects for future interest rates. The S&P...

U.S. markets were mixed on the last day of trading in 2023. The Dow Jones and S&P 500 experienced gains, rising by 0.14% and 0.04% respectively, while the Nasdaq declined 0.03%. On Thursday, the Dow closed at 37,710, the S&P at 4,783.35, and the Nasdaq at 15,095.14. Transitioning from the...

On Tuesday, major U.S. indices were seen trading in the green. The Dow Jones Industrial Average rose 0.68% to 37,557.92, while the S&P 500 increased 0.59% to 4,768.37. The tech-heavy Nasdaq also saw gains, ending the day 0.66% higher at 15,003.22. These are the top stocks that gained the...

U.S. stocks exhibited a mixed performance towards the market’s close Monday, with the Dow Jones Industrial Average edging up by approximately 50 points. The Dow’s rise by 0.16% to 34,337.33 contrasted with a slight decline in the NASDAQ Composite, which fell 0.22% to 13,767.74. The S...

The financial associate of Trump Media & Technology Group, Digital World Acquisition Corp. (NASDAQ:DWAC), announced it will return $533 million of the $1 billion raised for the venture, following the cancellation of $467 million in funding commitments. CBS News reported that the termination...

U.S. stocks experienced a downturn, with significant losses noted toward the end of trading. The S&P 500 fell approximately 1.4%, echoing the performance of the Dow and the NASDAQ, which declined by 1.3% and 1.9% respectively. These are the top stocks that gained the attention of retail...

Trump Media and Technology Group (TMTG), the parent company of the Truth Social app, is finally having a shot at going public following a settlement of securities fraud charges against Digital World Acquisition Corp. (DWAC), Quartz reports. Despite the $18 million fine imposed on DWAC, the company...

On Thursday, three individuals accused of insider trading prior to the proposed merger of a blank check company with former U.S. President Donald Trump‘s social media company pleaded not guilty in a New York court. What Happened: Florida venture capitalist Michael Shvartsman, his brother...