Why is Trump’s Truth Social stock soaring if the company is losing money?

Why is Trump’s Truth Social stock soaring if the company is losing money?

(NEW YORK) -- Shares of former President Donald Trump’s social media platform Truth Social have soared in its first couple days of public trading.Trump Media & Technology Group, the parent company of Truth Social, climbed 16% on Tuesday, its first day on the market. By afternoon trading on Wednesday, the…
McDonald’s to add three Krispy Kreme doughnuts to menus nationwide

McDonald’s to add three Krispy Kreme doughnuts to menus nationwide

(NEW YORK) -- Krispy Kreme and McDonald’s are expanding their partnership to put three doughnut flavors on menus at the Golden Arches across the U.S.Following a successful local test at 160 McDonald’s restaurants around Lexington and Louisville, Kentucky, the companies announced Tuesday that a phased market rollout will kick off…
AI influencers explode on social media. Some are controlled by teens

AI influencers explode on social media. Some are controlled by teens

(NEW YORK) -- Agnes, a bespectacled 20-year-old poet, likes tarot cards and late-night philosophy debates. She has a crush on Finn, a 22-year-old farmer who knits in his free time. Finn's friend Jade, 22, also lives in the countryside, where she forages for mushrooms and bakes bread.Jade, Finn and Agnes…
Trump media company, parent of Truth Social, begins trading on Nasdaq

Trump media company, parent of Truth Social, begins trading on Nasdaq

For approximately $70, you can now own a share of the company behind former President Donald Trump's Truth Social platform.Trading in Trump Media & Technology Group -- which uses the ticker symbol DJT -- began on the Nasdaq Tuesday morning after last week's vote for a merger between Trump Media…
Boeing CEO Dave Calhoun to step down

Boeing CEO Dave Calhoun to step down

Boeing CEO Dave Calhoun will step down at the end of the year, the company said in an announcement Monday.The move comes amid fallout from a high-profile safety failure onboard an Alaska Airlines flight in January, when a door plug blew out of Boeing's 737 Max 9 aircraft while the…
AI influencers explode on social media. Some are controlled by teens

AI influencers explode on social media. Some are controlled by teens

(NEW YORK) -- Agnes, a bespectacled 20-year-old poet, likes tarot cards and late-night philosophy debates. She has a crush on Finn, a 22-year-old farmer who knits in his free time. Finn's friend Jade, 22, also lives in the countryside, where she forages for mushrooms and bakes bread.Jade, Finn and Agnes…
Apple sued by Biden administration in landmark case over iPhone monopoly

Apple sued by Biden administration in landmark case over iPhone monopoly

(NEW YORK) -- The Biden administration sued Apple on Thursday, alleging the tech giant created a monopoly in the smartphone market by blocking competitors from accessing hardware and software features of the iPhone.The lawsuit, filed by the Department of Justice in federal court in New Jersey, is the latest in…