Trumps Media Company Worth Nearly 8 Billion on First Trading Day
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CVC Soars in of Amsterdam Trading Debut
CVC shares rose 24% on the first day of trading on Amsterdam’s stock exchange, after the buyout firm priced its IPO at the mid point of its previously guided range, implying a market capitalization of $15 billion.The Wall Street Journal - Business -
Trump Media asks lawmakers to investigate "unlawful trading activity"
Trump Media CEO Devin Nunes is asking four House committees to investigate possible "naked" short selling in the company's shares.CBS News - Top stories - Donald Trump -
3 big takeaways from Day 8 of Trump's hush money trial
The first week of arguments in Donald Trump's criminal hush money trial concluded Friday with testimony from Trump's longtime assistant and Michael Cohen's former banker.ABC News - Top stories - Donald Trump -
Day 8 of Trump New York hush money trial
Ex-tabloid publisher David Pecker and Donald Trump's former assistant Rhona Graff were among those who testifed Friday in the hush money trial.CNN - Top stories - New York -
What you missed on Day 8 of Trump's trial: New witnesses and contact info for Stormy Daniels and Karen McDougal
Two new witnesses took the stand Friday after four days of testimony from former National Enquirer publisher David Pecker in Donald Trump's hush money trial.NBC News - Top stories -
Hipgnosis agreed to an improved $1.51 billion takeover by Apollo-backed music company Concord, trumping an approach from Blackstone.
Hipgnosis agreed to an improved $1.51 billion takeover by Apollo-backed music company Concord, trumping an approach from Blackstone.The Wall Street Journal - World -
In Silicon Valley, You Can Be Worth Billions and It’s Not Enough
Andreas Bechtolsheim, the first investor in Google, has an estimated $16 billion fortune. He recently settled charges that he engaged in insider trading for a profit of $415,726.The New York Times - Tech -
Trading Trump: Truth Social's first month of trading has sent investors on a ride
With Donald Trump facing dozens of federal criminal charges and hundreds of millions in legal expenses, Trump Media & Technology Group Corp. went public on the Nasdaq exchange March 26ABC News - Tech - Donald Trump -
Trading Trump: Truth Social's first month of trading has sent investors on a ride
With Donald Trump facing dozens of federal criminal charges and hundreds of millions in legal expenses, Trump Media & Technology Group Corp. went public on the Nasdaq exchange March 26ABC News - Top stories - Donald Trump -
Trump criminal trial wraps for the day after opening statements and first witness
Donald Trump's New York hush money criminal trial continued Monday, with opening statements and the first witness taking the stand. Read real-time updates, analysis and highlights from court.CNN - Top stories - Donald Trump -
What Is TikTok Worth? Some Say $20 Billion, Others Say $100 Billion
The answer depends partly on whether TikTok bundles the U.S. and international businesses, and if it includes its coveted algorithm.The Wall Street Journal - Tech - Tiktok -
IBM’s stock heads toward its worst day since 2021 after earnings
IBM’s earnings showed continued AI momentum, though overall revenue came in a bit light.MarketWatch - Business -
Mark Zuckerberg's net worth plummets by more than $18 billion in Meta stock drop
Meta shares plunged on Thursday, bringing down Mark Zuckerberg's net worth, after the CEO told Wall Street about the many ways his company is losing money.CNBC - Business -
Forget Trump — the American media is on trial in New York
Back during the Trump years, the media spent an inordinate amount of time dissecting every last detail of this tabloid journalism fodder we’re now seeing play out in a New York City courtroom — which is meaningless to the lives of nearly every ...The Hill - Politics - New York -
Trump Media Analyst Coverage: No Word From the Street
Brokerages that cover other social media platforms aren't reporting on Truth Social's parent company, one of the most traded stocks on Wall Street.Inc. - Business - Donald Trump -
Blackstone struck a deal to acquire restaurant franchiser Tropical Smoothie Cafe from Levine Leichtman Capital for nearly $2 billion, including debt.
Blackstone struck a deal to acquire restaurant franchiser Tropical Smoothie Cafe from Levine Leichtman Capital for nearly $2 billion, including debt.The Wall Street Journal - World -
Colgate-Palmolive’s first-quarter earnings beat estimates and company raises guidance
Colgate-Palmolive Co.’s stock rose 2.9% early Friday, after the consumer goods giant beat first-quarter earnings estimates and raised its guidance.MarketWatch - Business -
Meta loses $200 billion in value as Zuckerberg focuses earnings call on all the ways company bleeds cash
Meta CEO Mark Zuckerberg spooked investors on the company's quarterly earnings call Wednesday.CNBC - Business -
How Pastor Chad Nedohin Helped Turn Trump Media Into a Meme Stock
Chad Nedohin, a part-time pastor, is among the fans of Donald J. Trump who helped turn Trump Media into a meme stock with volatile prices.The New York Times - Business - Donald Trump -
Ex-National Enquirer publisher dishes on seedy media deals with Trump, celebs
Former President Trump had a busy legal day Thursday as the Supreme Court weighed presidential immunity arguments while his criminal hush money case continued in New York. David Pecker, the former publisher of the National Enquirer, was back on ...The Hill - Politics -
How Pastor Chad Nedohin Helped Turn Trump Media Into a Meme Stock
Chad Nedohin, a part-time pastor, is among the fans of Donald J. Trump who helped turn Trump Media into a meme stock with volatile prices.The New York Times - Top stories - Donald Trump -
Deutsche Bank shares up 8% after first-quarter profit beat, investment banking recovery
Deutsche Bank reported first-quarter earnings on Thursday.CNBC - Business -
Falcons provide an NFL draft surprise by taking Washington QB Michael Penix Jr. with No. 8 pick
The Atlanta Falcons provided the first major surprise of the NFL draft by selecting quarterback Michael Penix Jr. of Washington with the No. 8 pickABC News - Sports - NFL -
Meta's Reality Labs posts $3.85 billion loss in first quarter
Mark Zuckerberg's bet on the metaverse continues to be a money-bleeding endeavor, with the unit reporting billions of dollars in losses every quarter.CNBC - Business -
Alphabet issues first ever dividend, $70 billion buyback
Alphabet said Thursday that it’s issuing a 20-cent per share dividend, the company’s first ever, and that its board authorized the repurchase of up to $70 billion in stock.NBC News - Top stories -
The National Enquirer was the go-to American tabloid for many years. Donald Trump helped change that
Catch and killABC News - Entertainment - Donald Trump -
Being Stuck in a Courtroom Is Just What Trump Needed
To win a political campaign, you want to put your candidate in a setting that provides a chance to excel. For Trump, that’s the trial.The New York Times - Top stories - Donald Trump -
Testimony ends for the day in Trump hush money trial
The prosecution continued to question the ex-publisher of the National Enquirer David Pecker as Donald Trump sat in a New York courtroom Thursday for his criminal hush money trial.CNN - Top stories - Donald Trump -
Trump Media CEO renews assault on ‘DJT’ short sellers — but the math doesn’t add up
Former President Donald Trump’s media company is waging war on short sellers, but data show they cannot be blamed for the stock’s volatility.MarketWatch - Business - Donald Trump -
Trump Media jumps more than 9% after CEO asks House GOP to probe possible DJT stock 'manipulation'
Donald Trump's media company CEO Devin Nunes wants Congress to probe possible manipulation of the company's stock.CNBC - Business - Donald Trump -
Trump Media jumps more than 9% after CEO asks House GOP to probe possible DJT stock 'manipulation'
Shares of Trump Media shot up more than 9% on Wednesday, hours after the company revealed it was urging House Republican committee leaders to investigate possible “unlawful manipulation” of its stock.NBC News - Top stories - Donald Trump -
What Trump Media gets wrong when blaming short sellers for DJT stock volatility
Also, the Moneyist helps with a tricky estate plan, and good news in the housing market.MarketWatch - Business - Donald Trump -
Trump slams RFK Jr. in latest social media rant: 'Wasted protest vote'
Former President Trump came out swinging against independent presidential candidate Robert F. Kennedy Jr. Friday, despite weeks of amping him up over his likely November rival, President Biden. In a series of post on Truth Social, Trump suggested ...The Hill - Politics - Donald Trump -
Taiwan’s trade tsar seeks new deals and braces for possible Trump win
John Deng targets India ‘opportunity’ after breakthroughs with US, UK and CanadaFinancial Times - World - Donald Trump -
2024 NFL Draft: Eagles, Jets among top candidates to trade up or down on Day 2
Assessing which clubs could be on the moveCBS Sports - Sports - NFL -
Venice residents clash with riot police as city launches world’s first tourist entry fee
The pilot program means day-trippers to Venice, one of Italy's most picturesque and historic cities, will need to pay a charge of 5 euros (US$5.40).CNBC - Business -
‘Recipe for disaster’: Venice entry fee sparks confusion and protest on day one
Some residents say €5 fee aimed at curbing tourist numbers goes against principle of freedom of movement. For more than 160 years, visitors have been arriving at Venezia Santa Lucia train station and disembarking straight into the heart of one of ...The Guardian - World -
German MPs break taboo by backing first post-unification Veterans’ Day
Annual event in June is designed to make service in volunteer army more attractive amid looming threats. The German parliament has passed a bill creating the first post-unification Veterans’ Day, breaking with a long-held taboo around veneration ...The Guardian - World - Germany -
2024 NFL Draft: Day 1 recap of first-round picks
An unprecedented six of the first 12 picks were quarterbacks, an NFL Draft record.CBS News - Top stories - NFL -
Alphabet’s stock surges on Triple Crown of first-ever cash dividend, $70 billion stock buyback, strong results
Google parent Alphabet Inc.’s stock soared 12% in after-hours trading Thursday following huge spikes in revenue and net income that trounced analysts’ predictions — as well as its first-ever cash dividend of 20 cents per share.MarketWatch - Business