Joe Biden got in a few zingers at his rival Donald Trump, but he devoted a large part of his remarks to the serious threat to democracy.
12.04.2024 - 21:11 / variety.com
Todd Spangler NY Digital Editor Shares of Trump Media & Technology Group, the company majority-owned by Donald Trump that operates the Truth Social social media network, have fallen about 50% off their high since they started trading a little over two weeks ago. TMTG stock closed at $32.59 per share Friday, rallying late in the day to close up 0.6% — but it’s down 50.7% from its peak closing price of $66.22 per share on March 27, the day after it first started trading on the Nasdaq exchange.
The company’s market cap is now about $4.55 billion, down from an intraday peak of more than $9.5 billion on March 26, according to CNBC. Trump, the 45th president of the United States who is the presumptive 2024 Republican presidential nominee, owns 78.75 million shares of TMTG stock, representing 57.6% of the company’s shares, according to a regulatory filing.
That stake is currently worth less than $2.6 billion, down from $5.2 billion at TMTG’s top closing price. Trump and other company executives are subject to a lock-up period preventing them from selling the stock for at least six months.
In an 8-K filing April 1 with the SEC, Trump Media disclosed full-year 2023 net sales of $4.13 million, an operating loss of $15.97 million and a net loss of $58.19 million. Last week, IAC chairman Barry Diller said in an appearance on CNBC that Trump Media is a “scam” and that people buying it are “dopes.” A Trump Media spokesperson told CNN, “Truth Social created a free-speech beachhead against Big Tech for a fraction of the start-up and operating costs that the legacy tech corporations incurred.
Joe Biden got in a few zingers at his rival Donald Trump, but he devoted a large part of his remarks to the serious threat to democracy.
Over three days of testimony this week, Donald Trump’s hush money trial in Manhattan has spawned subplots inside and outside the courtroom.
It was thanks in part to Arnold Schwarzenegger that the former publisher of the National Enquirer knew he could get in trouble for the tabloid’s catch-and-kill policy and buying off salacious stories about Donald Trump
As Donald Trump returns to a New York courtroom for another day of his hush money trial, another team of his lawyers will be arguing before the Supreme Court in a case that is of utmost consequence to his fate.
Melania Trump is celebrating Mother’s Day with a special gift. The former First Lady has launched a necklace themed for the occasion, which was listed on sale this past Sunday.Melania and Donald Trump attend a birthday bash in Mar-a-LagoBarron Trump makes rare appearance with his parents over EasterMelania Trump wows at fundraiser; ‘Ready to be First Lady’A post shared by Melania Trump (@melaniatrump)The necklace model is called “Her Love & Gratitude,” and is priced at $245 dollars. The jewelry is customizable, with shoppers able to add in details like their initials, or significant dates.
UPDATE: National Enquirer Publisher David Pecker, on the witness stand today in Donald Trump‘s hush money trial, detailed the tens of thousands of dollars the tabloid shelled out to “catch and kill” potentially embarrassing stories during the 2016 presidential election campaign.
Jon Stewart led Monday’s episode of The Daily Show with Donald Trump’s hush money trial and dinged news networks for how they cover it.
Prince Harry has found himself in a ‘sticky situation’ after royal expert Jennie Bond claims he may have ‘lied’ on his US visa application. Jennie exclusively told OK! how Harry’s potential US visa case could lead to an “embarrassing outcome” for the Prince.
Tony and Carmela Soprano back together, all in the name of Lebron James.Though Tony was last seen in The Sopranos final episode in 2007, it turns out he made one more appearance after that.Back in 2010, a video was made to encourage NBA player Lebron James to sign with the New York Knicks. James had just entered free agency for the first time ever, and the Knicks were eager to sign him.As the story goes, the Knicks execs put together a video to convince the legendary basketball player, a strategy which included featuring plenty of New York celebrities at the time including Chris Rock, Harvey Weinstein and former US President Donald Trump.
Travis Kelce is in the hot seat after seemingly showing support for Donald Trump!
Barron Trump has given insight into what his dad, former President Donald Trump, does at home. The 45th president of the United States and Melania Trump’s 18-year-old son spoke about his father during a dinner at Mar-a-Lago with Patrick Bet-David, Tom Ellsworth and Vincent Oshana.Barron Trump makes rare appearance with his parents over Easter“I’ve never seen Tom laugh this hard for an hour and a half,” Patrick recalled on an episode of the PBD Podcast earlier this month, revealing that they just “watched Barron run dinner with stories, entertainment, everything.” Vincent called the former president’s youngest son “witty, smart, hilarious,” noting that Barron has a “good head on his shoulders “ and is “smart on politics,” adding, “He’s like ‘You know, everybody’s always going to fight. There’s left.
UPDATE: Prosecutors will be allowed to present evidence that Donald Trump had a special arrangement with the National Enquirer during the 2016 election cycle to publish positive stories about him and negative pieces on his rivals.
Patrick Frater Asia Bureau Chief “Stormy,” a documentary about former porn star Stormy Daniels, has been picked up by Blue Ant Studios for international distribution. The launch was announced on Monday, the same day that former U.S. president Donald Trump begins a criminal trial in New York for allegedly covering up hush money payments to Daniels. “Stormy,” offered as two one-hour episodes or a two-hour feature, is produced by Emmy-nominated producers Erin Lee Carr (“I Love You,” “Now Die: The Commonwealth v.
The 2024 Cannes Film Festival was unveiled this morning, meaning there will be many first looks at some of the year’s most anticipated films. The most notable of the day is a first-look image of Sebastian Stan as Donald Trump and Jeremy Strong as his legal enforcer Roy Cohn in Ali Abbasi’s “The Apprentice.” Screening in competition at Cannes, “The Apprentice,” is a dive into the underbelly of the American empire.
Immediately off the back of its inclusion in the Cannes competition line-up, Ali Abbasi‘s The Apprentice has dropped a first look of Sebastian Stan as Donald Trump and Jeremy Strong as Roy Cohn.
Alex Ritman The first-look image of Sebastian Stan as a young, pre-TV star and pre-president Donald Trump in buzzy upcoming biopic “The Apprentice” has been revealed. Ali Abbasi’s feature — which has just been announced as part of the 2024 Cannes main competition — charts Trump’s ascent to power through what is described as a “Faustian deal” with the influential right-wing lawyer and political fixer Roy Cohn (seen in the still being portrayed by Jeremy Strong).
Welcome to ElectionLine’s A View From Abroad series, in which we speak with media figures who don’t live in America but keep a close eye on its politics. Every few weeks, these smart observers will provide a unique perspective on what promises to be a fraught and unpredictable campaign for the White House. This week, our interview is with Emily Maitlis and Jon Sopel, the former BBC presenters who now host podcast The News Agents – USA.
Is 2024 about to become the new 1972?
No Labels, a group that sought to obtain ballot access across all 50 states to run a so-called third party “unity ticket” in 2024, said that they would “stand down” this cycle after failing to recruit candidates.
Fire away.Before Donald Trump was the 45th president of the United States, he was the host of a little show called “The Apprentice.”The NBC business-competition show ran for 15 seasons, with the entrepreneur helming the round table from 2004 until 2017.Trump left the show in 2015 so he could focus on his presidential campaign — a race he won a year later. In author Ramin Setoodeh’s forthcoming book, “Apprentice in Wonderland: How Donald Trump and Mark Burnett Took America Through the Looking Glass,” Trump reveals that he wanted his daughter Ivanka Trump to sub in for him on the show.