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Bloomberg, Susquehanna, and Jump Trading are now among the firms reportedly paying up to $100,000 a month for early access to a presidential social media feed, and the conflict of interest drawing Senate scrutiny and federal lawsuits may be just
Bloomberg, two trading firms agree to pay Trump's Truth Social for faster access to president's posts, sources say
The company's next quarterly report is coming up. Trump Media & Technology Group (NASDAQ:DJT) is testing against the bottom of its 52-week range, even as a fellow alternative media stock edges higher.
Alternative media names are falling while large-cap stocks climb, a split that isolates the pressure in one small corner of the market. Trump Media & Technology Group (NASDAQ:DJT) stock has fallen 4% to $6.
Selling pressure on the parent company of Truth Social persists as regulatory questions surrounding its Truth API data product remain open. Trump Media & Technology Group (NASDAQ:DJT) stock is down 4% to $6.
Treasury companies, public firms that hold Bitcoin on their balance sheets, have an average cost of about $80,000 per coin, according to Glassnode. Bitcoin (CRYPTO: BTC) trades at $81,836, down 1.9% over the past 24 hours and 35.
Trump Media stock continued its strong sell-off, reaching its all-time low as concerns about the company's revenue growth and profits rose. It dropped to $6.43, down by 62% from the highest point this year, and this retreat may continue in the near term.
One alternative social media name is slipping while its closest rival rises, a split that marks the selling as company-specific. Trump Media & Technology Group (NASDAQ:DJT) stock has fallen 7% to $6.48 this afternoon.