CNBC’s Jim Cramer on Friday guided investors through next week’s most important happenings on Wall Street, saying to watch out for earnings from Walgreens as well as new data about consumer spending. “We’re no longer fighting the Fed, people — they don’t seem inclined to raise rates when they’re supposed to be cutting them, that … Read more
Jonathan Raa | Nurphoto | Getty Images The price of shares in Digital World Acquisition Corp. fell by as much as 12% Friday morning after the shell company’s shareholders approved a merger with the social media company owned by former President Donald Trump. DWAC had opened the trading day at $44.20 per share, but tumbled … Read more
NEW YORK (AP) — Donald Trump is returning to the stock market. Shareholders of Digital World Acquisition Corp., a publicly traded shell company, approved a deal to merge with the former president’s media business in a Friday vote. That means Trump Media & Technology Group, whose flagship product is social networking site Truth Social, will … Read more
This photo illustration shows an image of former President Donald Trump next to a phone screen that is displaying the Truth Social app, in Washington, DC, on February 21, 2022. Stefani Reynolds | AFP | Getty Images Donald Trump could earn a windfall of $3 billion or more — eventually, at least — if shareholders … Read more
Donald Trump (R) and producer Andy Litinsky (L) attend the Comedy Central Roast Of Donald Trump at the Hammerstein Ballroom on March 9, 2011 in New York City. Michael Kovac | Wireimage | Getty Images Former President Donald Trump was accused in a lawsuit Wednesday of trying to “drastically dilute” the value of stock shares … Read more
The Securities and Exchange Commission (SEC) has approved a merger between former President Trump’s media startup and the blank-check company attempting to take his platform Truth Social public. Digital World Acquisition Corp. (DWAC) said Wednesday that the agency declared the registration statement for its merger with Trump Media & Technology Group (TMTG) to be effective. … Read more
This photo illustration shows an image of former President Donald Trump next to a phone screen that is displaying the Truth Social app, in Washington, DC, on February 21, 2022. Stefani Reynolds | AFP | Getty Images Shares of Digital World Acquisition Corp. jumped 15% Thursday morning after the special purpose acquisition company announced Wednesday … Read more
Michael Shvartsman, hides from journalists using an umbrella after exiting Federal Court, Thursday, July 20, 2023, in New York. John Minchillo | AP A man already charged with insider trading related to a shell company’s planned merger with Donald Trump’s social media firm was hit with a new money laundering count in Manhattan federal court. … Read more
Former US president and Republican presidential hopeful Donald Trump speaks during a “commit to caucus rally” in Indianola, Iowa, on January 14, 2024. Christian Monterrosa | Afp | Getty Images Shares of Digital World Acquisition soared about 15% Tuesday, following former President Donald Trump’s landslide victory in the Iowa caucuses. The blank check company is … Read more
