Media’s Stock Plunges

Trump Media shares fall nearly 10% after DJT plunge triggers trading halt

Trading in Trump Media shares was briefly halted due to volatility, after the Truth Social owner's stock suddenly plunged in price.

Business - CNBC - October 15

Trump Media's stock is halted after sudden plunge in DJT shares

Trading in Trump Media, owner of Truth Social, was halted briefly on Tuesday after the stock suddenly plunged.

Florida Rejects Recreational Marijuana as Cannabis Stocks Plunge

A ballot measure to legalize recreational pot failed to reach the required 60 percent threshold for passage, and publicly listed companies’ shares dropped after a major market was closed to them.

Business - Inc. - 3 days ago

Lilly’s Mounjaro, Zepbound drugs see strong demand. So why did sales disappoint?

Eli Lilly’s stock heads for biggest selloff in more than three years after sales of anti-obesity drugs Mounjaro and Zepbound came up well short of forecasts.

Business - MarketWatch - October 30

Trump's wealth slumps by $1.9 billion amid DJT stock plunge

Trump Media & Technology Group's stock, which trades under DJT, is plunging just days before the November 5 election.

Super Micro's 45% plunge this week wipes out stock's gains for the year

Super Micro investors have been fleeing for the exits this week after the company lost its second auditor in less than two years.

Business - CNBC - November 1

Pinterest stock plunges following weak Q4 revenue guidance

Pinterest reported third-quarter earnings on Thursday that beat on the top and bottom lines.

Business - CNBC - Yesterday

Trump Media Stock Surges on Election Result

Shares in Trump Media were among the most actively traded in the United States after the election was called.

Business - The New York Times - Yesterday

CVS Health CEO Karen Lynch steps down after 19% stock plunge

CVS Health CEO Karen Lynch has stepped down and is being replaced by David Joyner amid struggles with rising costs.

McDonald’s stock drops as Quarter Pounders linked to E. coli outbreak, CDC says

An outbreak of E. coli linked to McDonald’s Corp. Quarter Pounder burgers has killed one person and hospitalized 10 people in 10 states.

Business - MarketWatch - October 23

Trump Media’s Stock Price Soars, Adding $2 Billion to Trump’s Stake

The sharp rise in the share price of the parent of Truth Social has added about $2 billion to the net worth of former President Donald J. Trump.

Business - The New York Times - October 15

Trump Media Stock Jumps Again as Traders Bet on Election

Shares of the Truth Social parent company continue to soar, pushing the market value of the firm above $10 billion.

Business - The New York Times - October 29

How Trump Media’s Stock Could Swing After the Election

No stock is more directly linked to the outcome than Trump Media & Technology Group, the parent company of Truth Social.

Business - The New York Times - 3 days ago

Trump’s ‘DJT’ reports narrowing quarterly loss on Election Day. Stock jumps after hours following regular-session slump.

Investors in the parent of Trump’s Truth Social appeared to suddenly turn pessimistic toward the former president’s odds of winning at the polls as Election Day progressed.

Business - MarketWatch - 3 days ago

Donald Trump election win boosts stocks, cryptocurrency and Trump Media

Stocks and cryptocurrency prices set to power higher after Donald Trump is projected winner in U.S. presidential election.

Trump calls for investigation of 'rumors' he plans to sell Trump Media stock

Donald Trump, majority owner of the Truth Social operator Trump Media, defeated Kamala Harris in the 2024 presidential election.

Business - CNBC - Yesterday

Trump Media stock surges as election betting odds shift, Truth Social launches streaming site

The DJT surge came as some election betting markets shifted in favor of Donald Trump over Kamala Harris, and as Trump Media launched a Truth+ streaming site.

Business - CNBC - October 14

Trump's social media company is now worth more than Musk's X after recent surge in stock price

Donald Trump’s Truth Social is now worth more than Elon Musk’s X

Tech - ABC News - October 29

Reddit’s stock soars after social-media platform turns a profit, beats Q3 sales and earnings estimates

Reddit said Tuesday that it turned a profit in its third quarter — a first for the social-media platform since becoming a public company earlier this year.

Business - MarketWatch - October 30

Reddit stock price soars after social media player reports rare profit

Reddit's stock leaps nearly 40% after the social media company reported a quarterly profit amid strong user growth.

Trump Media falls nearly 12% as DJT stock pinballs before presidential election

Donald Trump is the majority owner of Trump Media, which owns the Truth Social platform and trades on the Nasdaq as DJT.

Business - CNBC - October 31

Trump Media closes in the red on Election Day, giving up earlier rally

Shares of retail trader favorite Trump Media & Technology Group (DJT) were active as Election Day is finally here.

Business - CNBC - 3 days ago

FirstFT: Japan plunges into political chaos

Also in today’s newsletter, oil price falls and Franklin Templeton hit by record outflows

World - Financial Times - October 28

Mortgage rates surge, putting a damper on home buying and refinancing

Mortgage applications fell 17% in the past week, the Mortgage Bankers Association said.

Business - MarketWatch - October 16

Cuba plunged into crisis by prolonged power blackouts

President warns against ‘vandalism’ after fuel shortages exacerbate economic struggles

Business - Financial Times - October 21

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