Trump Media Technology Aktie News

Trump Media settles legal dispute with firm's co-founders

Trump Media has been expanding its business into many different areas, the latest being prediction markets. Despite the growth potential, however, the company has been struggling to increase sales.

Investors should be extra cautious when thinking about being contrarians and buying losers at the end of any calendar year.

Since its 2024 merger, Trump Media has reported low quarterly revenues with no growth. Operating expenses, meanwhile, have been larger and have increased.

U.S. President Donald Trump on Friday said he was asking the Department of Justice to investigate Jeffrey Epstein's alleged ties with Bill Clinton, Larry Summers, Reid Hoffman, J.P. Morgan Chase and others.

There was a potentially industry-rocking development buried in the quarterly results from Flutter Entertainment PLC (LSE:FLTR, NYSE:FLUT). The owner of European brands such as Paddy Power and BetFair, as well as FanDuel in the US, is moving into one of the buzziest corners of the US fintech-meets-gambling world: prediction markets.

Less than a year into Donald Trump's second term, the optimism that once surrounded Trump Media & Technology Group (TMTG) has sharply faded. The company behind Truth Social reported another steep quarterly loss as revenue declined and expenses climbed, underscoring its struggle to turn political visibility into financial stability.

Investor sentiment towards US-exposed bookmakers such as Flutter Entertainment PLC (LSE:FLTR, NYSE:FLUT), Draftkings Inc (NASDAQ:DKNG) Entain PLC (LSE:ENT) is currently dominated by "caution and fear" due to the rise of prediction markets. This was one of the key takes from the Berenberg leisure analysts after a trip to the US, where they encountered “the most concern and fear we have felt sinc...