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The Latest Breaking News from DWAC

Donald Trump's Mar-a-Lago Estate Searched by FBI — What Stocks May Be Affected

Former U.S. President Donald Trump released a statement last night that painted the present as “dark times for our nation” as he says his home was “under siege, raided and occupied by a large group of FBI agents.”

Benzinga

White House Was Unaware Of Alleged FBI Raid On Trump's Florida Estate Until Media Reports Came Out

The West Wing was reportedly not aware of the Monday raid by the Federal Bureau Of Investigation on former President Donald Trump’s Mar-a-Lago estate in Florida.

Benzinga

Trump Endorses 'ERIC' For Missouri Senate Race, But Will The Real Candidate Please Stand Up?

Donald Trump has spurred confusion in his signature style with his endorsement for 'ERIC' in Missouri’s GOP Senate primary, with two rival candidates with the same first name laying claim to the former U.S. President's statement of support.

Benzinga

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Wishing Him Well? Here's How Donald Trump Responded To Joe Biden's COVID-19 Diagnosis

President Joe Biden tested positive for COVID-19, news that was announced by the White House on Thursday. Here’s how former President Donald Trump reacted to the news.

Benzinga

Walking Away From Twitter Deal May Not Be An Option For Musk: Merger Expert On What's Next

Elon Musk disclosed last Friday after market close that he was terminating his agreement to acquire social media platform Twitter Inc (NYSE: TWTR).

Benzinga

Dow Jones Dips; Donald Trump SPAC Dives On This Move; Apple Stock Whipsaws Amid Wall Street Call

The Dow Jones fell. The Donald Trump SPAC took a dive amid legal woes. Apple stock treaded water after an analyst call.

Investors Business Daily

3 Things You Need To Know Today

Happy Monday Zingernation! All major indices are in the green, but barely, heading into the new trading week. Investors are hoping for a strong start to the week after markets rallied last week, with the S&P 500 finishing up more than 6% throughout the last five trading days.

Benzinga

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Trump SPAC Dives As These Higher-Ups Get Grand Jury Subpoenas

Digital World Acquisition Corp. said a federal grand jury had subpoenaed the company's board members. DWAC stock fell hard.

Investors Business Daily

Company behind Trump’s Truth Social now under investigation by federal prosecutors

The so-called ‘blank check’ company is also the target of a separate Securities and Exchange Commission probe

The Independent UK

Donald Trump-Linked Stock Digital World Is Falling Today: Here's Why

Digital World Acquisition Corp (NASDAQ: DWAC) shares are trading lower Monday after the company filed a Form 8-K with the U.S. Securities and Exchange Commission showing it received another subpoena.

Benzinga

Government expands investigation into Trump's social network deal

The SEC is asking for more information than previously disclosed.

Axios

Trump SPAC Deal Will Never Get Approved By SEC, Short Seller Says: What Investors Should Know

A noted short seller has taken a short position in one of the most notable SPAC deals that involves a former U.S. president.

Benzinga

Did Donald Trump-Affiliated SPAC Stock Spike On Fox News Joining Truth Social?

Shares of a SPAC linked to taking former President Donald Trump’s media and social media company public jumped Tuesday. Here’s what could be causing the sudden spike.

Benzinga

Dow Jones Futures Fall As 'Rapid' Fed Shift Hits Market Rally; Elon Musk Steals Trump's Thunder

Futures signaled further losses as a hawkish Fed sends Treasury yields soaring. Elon Musk's Twitter moves are weighing on Donald Trump's Truth Social.

Investors Business Daily

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news in one place.

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Benzinga

Trump's Social Media Venture Abruptly Loses Key Officials; Sparks Concerns

Tech chief Josh Adams and product development chief Billy Boozer have resigned from former President Donald Trump's 'Truth Social' in less than a year, Reuters reports. Sources said, "If Josh has left… all bets are off," calling him the "brains" behind Truth Social's technology. Boozer also had a significant leadership role…

Benzinga

Why Digital World Acquisition Stock Is Trading Lower Today

Trump Media Merger Partner Digital World Acquisition Corp. (NASDAQ: DWAC) shares are trading lower amid Tesla, Inc. (NASDAQ: TSLA) CEO Elon Musk purchasing a 9.2% stake in competitor Twitter, Inc. (NYSE

Benzinga

Truth Social App Downloads Dropping: Will It Hurt The Trump SPAC Price?

A social media platform from former President Donald Trump was launched with a ton of hype and saw strong downloads initially. A new report shows interest could be waning, which could impact a SPAC.

Evening Standard

Should we be taking Donald Trump’s new ‘Truth Social’ app seriously?

Perhaps unsurprisingly, The Donald’s Truth Social app has already been derided as a farce. But should we really be writing him and it off, asks Samuel Fishwick

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news in one place.

100’s of premium titles.
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Benzinga

If You Invested $1,000 In DWAC When Trump's Truth Social SPAC Deal Was Announced, Here's How Much You'd Have Now

One of the most publicized SPAC merger announcements of 2021 was a deal to take Trump Media & Technology Group public. The merger was aimed at bringing a new player into the social media sector via former President Donald Trump.

Benzinga

Donald Trump's Social Media Venture Tops Downloads On Apple App Store

Users downloaded Digital World Acquisition Corp (NASDAQ:DWAC) backed Truth Social 170,000 times since its launch, as per research firm Apptopia, Reuters reports. The former U.S. President Donald Trump's new social media venture topped downloads on Apple Inc's (NASDAQ:AAPL) App Store after its late launch on February 20. The special purpose acquisition company (SPAC) stock was also trending…

Investors Business Daily

Trump SPAC Partner DWAC Stock Rallies Despite Social Media Launch Glitches

DWAC stock rose Tuesday after former President Donald Trump's social media app Truth Social launched Monday, despite some glitches.

Benzinga

Why This SPAC Linked To Donald Trump Is Seeing High Interest On WallStreetBets Today

Digital World Acquisition Corp. (NASDAQ: DWAC) — the SPAC partner of former President Donald Trump’s social media startup — has emerged as the most-discussed stock on Reddit’s r/WallStreetBets forum as of early Tuesday.

Investors Business Daily

This Is The Ultimate Donald Trump Stock: Is Trump Media A Buy As It Pops Amid This 'Patriot Economy' Move?

Donald Trump is one of the world's most famous businessmen. Now investors can throw in their lot with the current president with DJT stock.

StockNews.com

Here's Why Some Investors Think Phunware Could Be the Next DWAC

The shares of software company Phunware (PHUN) gained impressive momentum last year on speculation surrounding its possible involvement in former President Trump’s social media platform. However, the stock has retreated nearly 7.5% in price over the past month. In addition, given the company's deficient fundamentals, is it worth betting on…

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