Trump Is the Majority Owner of a Meme Stock That’s Punishing Short Sellers

Trump Is the Majority-Owner of a Meme Stock That’s Punishing Short-Sellers

Shares of Trump Media & Technology have skyrocketed 230 percent this month as the former president eyes a second term.

Business - Inc. - October 30

Trump says he won't sell DJT stock and calls for probe into short sellers

Donald Trump reiterated he doesn't intend to sell his stock in Trump Media, and called for an investigation into short sellers.

We're buying shares of 2 stocks that sellers are unfairly punishing

We're taking the other side of the trade on an AI play and a recovering health-care company.

Business - CNBC - October 23

The undercover hedge funds financing activist short sellers

When Wall Street’s self-styled financial detectives allege malfeasance, these silent partners stand to reap the benefits

Business - Financial Times - 6 days ago

Roaring Donald: Trump’s Truth Social emerges as a meme stock darling

Share price in US president-elect’s media group has been slipping despite high turnover among retail investors

Business - Financial Times - 5 days ago

Japan's ruling party loses its majority in blow to new PM

The prime minister announced a snap election despite voter apathy and low approval ratings.

GOP: Anything short of 52-seat Senate majority would be a 'failure'

Republicans believe that they are in prime shape to win at least 52 seats in the Senate with only days to go until Election Day. The GOP has long been favored to win back the upper chamber, but ...

Politics - The Hill - October 31

Major Trump Media shareholder ARC Global unloads nearly all DJT stock

President-elect Donald Trump is the majority owner of Trump Media, which trades on the Nasdaq as DJT.

Business - CNBC - 6 days ago

6 ways a second Trump presidency will affect home buyers and sellers

Voters unhappy over soaring prices, including runaway housing costs, helped put Donald Trump back in the White House. But what will a second Trump presidency mean for home buyers and sellers?

Business - MarketWatch - November 7

AutoNation’s stock falls after earnings fall short of estimates

The new- and used-car retailer is still feeling the impact of a recent dealership-software outage.

Business - MarketWatch - October 25

Chipotle’s new CEO maintains focus on faster service as sales fall short

Shares of Chipotle Mexican Grill Inc. fell after hours on Tuesday after the Mexican fast-casual chain reported quarterly sales trends that were a bit weaker than expected.

Business - MarketWatch - October 30

Coinbase’s stock falls nearly 5% as earnings fall short of estimates

Coinbase Global Inc.’s stock fell in after-hours trading Wednesday, after the cryptocurrency exchange’s third-quarter profit and revenue fell short of estimates.

Business - MarketWatch - October 31

Avis’s stock slides after third-quarter earnings fall short of estimates

Avis Budget Group’s stock was falling in after-hours trade Thursday, after the car-rental company’s third-quarter earnings fell short of estimates.

Business - MarketWatch - October 31

British Airways owner announces stock buyback as profit grows 17%

British Airways owner International Airlines Group announced a stock buyback after reporting rising profits and margins.

Business - MarketWatch - November 8

Business Owners Brace Themselves for Trump’s Tariffs

It’s all but certain that tariffs will soar with Donald Trump’s return to office. Many companies are struggling with the calculus that uniform tariffs of up to 20 percent may bring.

Business - Inc. - November 12

Why U.S. stock market’s slump on rising Treasury yields may be short-lived

The U.S. stock market appears to be taking a breather from setting fresh highs as interest rates in the bond market climb, leaving the S&P 500 sharply lower Wednesday.

Business - MarketWatch - October 23

Boeing’s stock turns lower, as short-term technical boost fades after the open

Boeing’s stock reversed into the red on Tuesday, to erase a positive short-term technical signal, even after the aerospace giant’s unionized machinists voted to end the nearly two-month-long strike.

Business - MarketWatch - November 5

Kennedy could be on short list for HHS secretary, Trump allies say

Republicans' newly won control of the Senate may have buoyed Kennedy's odds of a role in the Trump administration.

Recess appointments could short-circuit Senate opposition to Trump nominees: ANALYSIS

The use of recess appointments to install members of Donald Trump's Cabinet would circumvent a key Senate process, consolidating presidential power.

14 earnings reports and major economic data will be the stock market movers this week

Look for updates on economic growth, inflation, and jobs. It's also the biggest week of earnings season.

Business - CNBC - October 27

Vietnam waits for major upgrade to its $200 billion stock market

Vietnam's chip capabilities have it competing against near neighbor Malaysia, attracting global semiconductor firms.

Business - CNBC - October 28

How Taylor Swift and Beyoncé fans could fuel a fresh meme-stock frenzy with music ETFs

GameStop co-founder Gary Kusin sees parallels between Swifties and the videogame retailer’s intensely loyal fans.

Business - MarketWatch - 19 hours ago

Stock of Michael Kors owner Capri dives 45% after judge blocks merger with Tapestry

A federal judge on Thursday blocked Tapestry Inc.’s planned $8.5 billion acquisition of Capri Holdings, agreeing with regulators that the deal would hurt competition in the handbag industry.

Business - MarketWatch - October 25

Stocks soar on Trump win

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump victory sends stocks, crypto soaring Stocks skyrocketed Wednesday after ...

Politics - The Hill - November 6

These are the major newspapers that have and haven't endorsed Trump and Harris

For the past 30 years, The Washington Post has endorsed presidential candidates. But not this year.

Politics - The Hill - October 27

An Emboldened G.O.P. Senate Majority Is Ready to Empower Trump

With a decisive margin in the Senate, Republicans, who have shown their willingness to accommodate the president-elect, will have the numbers to overcome divisions over his personnel and policies.

Top stories - The New York Times - November 7

Trump victory is a major setback for climate action, experts say

Trump's election will hit immediate efforts to tackle climate change, experts say - but the longer-term effect is less certain.

Large Senate GOP majority strengthens Trump's hand

Republicans have at least a 52-seat Senate majority and are looking to expand it to 54 seats, as GOP candidates are leading the vote counts in Pennsylvania and Nevada. Such a cushion would ...

Politics - The Hill - November 7

Trump has potential to appoint a majority of the Supreme Court

Republicans are gearing up to lock in their remake of the judiciary under President-elect Donald Trump and a new Senate majority, including potentially installing several more conservative Supreme ...

Politics - NBC News - November 8

Trump knocks critic Anthony Scaramucci as 'major loser'

President-elect Trump knocked his ex-White House communications director Anthony Scaramucci as a “major loser," in reaction to his constant criticism. Trump's rebuke of Scaramucci came just days ...

Politics - The Hill - November 12

The Trump majority may soon feel buyers’ remorse

The 2024 election results suggest that the Trump majority may soon have cause for second thoughts, as the proposed tax cuts and tariffs could lead to increased inflation and worker shortages, ...

Politics - The Hill - November 13

Republicans win House in major boost for Trump's agenda

The party now controls both chambers of Congress, clearing the path for Trump's policies.

What Happens if the Jets Owner Leaves to Work in the Trump Administration?

Woody Johnson was appointed as the ambassador to the United Kingdom during Donald Trump’s first presidency.

Sports - The New York Times - November 13

Why Trump's tariff proposals have some business owners worried

President-elect Donald Trump campaigned on implementing a blanket tariff of 10% to 20% on all imports, along with an additional 60% or more on goods from China.

Latest in Trump Is the Majority Owner of a Meme Stock That’s Punishing Short Sellers