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The Latest Breaking News from Digital World Acquisition Corp

Trump Media's Truth Social Reports 0M Loss

Trump Media and Technology Group reports significant financial loss in Q1 earnings due to merger expenses and regulatory concerns.

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Potential Valuation of Trump's Truth Social Exceeds $5 Billion Despite Limited Engagement

Despite losses, Trump's Truth Social could be valued at $5.7 (£4.51) billion, boosting his net worth by $4 (£3.16) billion.

International Business Times UK

NASDAQ Awaits TMTG: Truth Social's Launch Marks Milestone For Trump's Media Venture

Trump Media & Technology Group Corp. (TMTG), is on the brink of entering the NASDAQ market,following a merger with Digital World Acquisition Corp. (DWAC).

International Business Times

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Trump Media & Technology Group Completes Merger, Trading Begins

Trump Media & Technology Group completes merger with Digital World Acquisition Corp., leading to a multi-billion dollar windfall for former President Donal...

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Trump Media Merger With Digital World Approaches Nasdaq Debut

Explore the potential return of former President Donald Trump to the stock market through a merger with Truth Social and Digital World Acquisition Corp.

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SEC approves merger of Digital World Acquisition Corp and TruthSocial

The SEC has approved the merger between Digital World Acquisition Corp. and TruthSocial, a social media platform operator. Former President Trump's involve...

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DWAC, LOAN and FLT: Analyzing Which Financial Stock Is Set for December Gains

The financial sector is undergoing notable technological advancements fueled by the rise of fintech companies and digital banking. Amid this swiftly evolving landscape, can Digital World Acquisition Corp (DWAC), FLEETCOR Technologies (FLT), and Manhattan Bridge Capital (LOAN) thrive? Keep reading to find out….

StockNews.com

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3 Financial Stocks to Watch Closely for Rising Momentum

With sustained demand and rapid digital transformation, the financial services industry is poised for significant growth and expansion. Moreover, industry players usually benefit in a high-interest rate environment. Thus, robust financial stocks First American Financial (FAF), Everi Holdings (EVRI), and Digital World Acquisition (DWAC) could be ideal watchlist additions for…

StockNews.com

Trump-tied SPAC misled investors about conflicts, SEC alleges

Digital World Acquisition Corp., the blank-check company seeking to take Donald Trump’s social media company public, misled investors, according to the U.S. Securities and Exchange Commission.

Tribune News Service

Truth Social’s merger partner reaches $18m settlement with SEC

News of the settlement comes after three people involved in the merger between Donald Trump’s Truth Social and Digital World Acquisition Corp were indicted for insider trading

The Independent UK

Is Digital World Acquisition (DWAC) a Winner?

Shares of special purpose acquisition company Digital World (DWAC) have plummeted more than 70% over the past year. The stock has been on a downtrend since news of the merger with Donald Trump’s media company broke in 2021, with federal investigations delaying the deal’s closing. So, following Trump’s recent indictment,…

StockNews.com

3 Financial Services Stocks to Beware of

As the United States grapples with the critical stage of raising its massive debt ceiling, the financial services sector finds itself on high alert. Hence, fundamentally weak financial services stocks BRP Group (BRP), Digital World (DWAC), and SAI.TECH Global (SAI) might be best avoided. Keep reading.

StockNews.com

Avoid These 3 Financial Stocks like the Plague

Rising interest rates usually benefit companies in the financial sector. However, not every financial stock can capitalize on the current interest rate environment. Also, given the financial sector crisis, it could be wise to avoid financial stocks BRP Group (BRP), Marathon Digital (MARA), and Digital World Acquisition (DWAC). Keep reading.

StockNews.com

4 Popular Stocks You Need to Sell or Avoid Completely in 2023

Despite the Fed’s best efforts, inflation remains above the comfort zone. Minutes from the Fed’s meeting show that officials are keen on raising interest rates. This could keep the stock market under pressure this year. Therefore, it could be wise for investors to steer clear of Shopify (SHOP), Snap (SNAP),…

StockNews.com

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StockNews.com

2 Financial Stocks to Add to Your Portfolio in 2023 and 1 to Remove

After the hotter-than-expected jobs data, monthly inflation rose marginally in January, indicating that the Fed still needs to raise interest rates for some time to achieve its target. This could benefit financial companies as they usually benefit from a rising interest rate environment. Therefore, it could be wise to add…

Benzinga

Digital World Acquisition Corp Is By Far The Most Shorted SPAC: The Other Top SPACs Short Sellers Are Targeting

Digital World Acquisition Corp (NASDAQ: DWAC) shares plunged 20.1% on Wednesday morning after Republican candidates endorsed by President Donald Trump performed poorly

Investors Business Daily

DWAC Stock Tumbles After Trump Picks Fizzle In Midterms

DWAC stock sold off Wednesday after midterm election results fell well short of Republican expectations. Several Trump picks lost.

Benzinga

Spirit AeroSystems, Oyster Point Pharma, Snap And Other Big Gainers From Monday

U.S. stocks closed higher on Monday, with the Dow Jones surging more than 400 points. Here is the list of some big stocks recording gains in the previous session.

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Benzinga

Why Oyster Point Pharma Shares Are Trading Higher By Around 40%? Here Are 49 Stocks Moving In Monday's Mid-Day Session

Gainers Dragon Victory International Limited (NASDAQ: LYL) surged 52.2% to $0.6870.

Investors Business Daily

DWAC Stock Falls As Trump Merger Deadline Vote Is Delayed Once Again

DWAC stock dropped Friday as the beleaguered SPAC seeks a deadline extension to complete its merger with Donald Trump's social media platform.

Benzinga

Trump-Linked Digital World Takes A Hit As Investors Grow Tired Of Merger Delays

Digital World Acquisition Corp (NASDAQ: DWAC) gapped down 21% to start the trading session Tuesday after a report indicated shareholders rejected a one-year deadline extension that the special purpose ac

Investors Business Daily

DWAC Stock Up As Trump SPAC Vote On Merger Deadline Adjourns

DWAC stock rose as Digital World Acquisition said the SPAC's sponsor will extend the Trump merger deadline after investors reportedly voted no.

Investors Business Daily

DWAC Stock Falls On Trump Company Merger Delay Disclosure

Digital World Acquisition Corp. (DWAC) shares dropped Tuesday after shedding 8% Monday as federal filings show more troubles for the special purpose acquisition company and its attempted merger with former President Donald Trump's tech and social-media platform. DWAC stock fell 3% to 24.60 Tuesday during market trading and is now…

Axios

Truth Social's ugly truth

Former President Trump's alternative to Twitter is facing serious financial and legal stress.

Benzinga

As Donald Trump's Legal Woes Ramp Higher, Truth Social SPAC Digital World Slumps: What's Next?

The Donald Trump-linked Digital World Acquisition Corp (NASDAQ: DWAC) stock has quieted as the former president's legal woes have ramped up.

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