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☆ Trump’s social media stock spikes as America goes to the polls
▼ + stars: | 2024-11-05 | by ( Matt Egan | ) edition.cnn.com time to read: +2 min

Shares of Truth Social owner Trump Media & Technology Group spiked 13% on Tuesday morning. Trump Media is losing money and generates very little revenue. Its main product, conservative social network Truth Social, remains tiny. Trump Media, which trades under the stock ticker symbol “DJT,” has plenty at stake. If Trump loses the election, Trump Media has little to fall back on.

Persons: Donald Trump’s, Trump, bitcoin, Matthew Tuttle, It’s, ” Tuttle, ”, it’s, Gene Munster, I’m Organizations: New, New York CNN, Social, Trump Media & Technology Group, Traders, Trump Media, Trump Trade, Geo Group, White, Tuttle Capital Management, CNN, Paramount Global, CBS, Venture, Trump Locations: New York, Trump’s

☆ Trump’s social media company has tripled in value in five weeks
▼ + stars: | 2024-10-28 | by ( Matt Egan | ) edition.cnn.com time to read: +5 min

New York CNN —Trump Media & Technology Group is losing money, generating very little revenue and its main product Truth Social remains a relatively small player in social media. And yet Wall Street is valuing former President Donald Trump’s social media company at nearly $8 billion, a price tag that has tripled in the span of just five weeks. Since plunging to record lows on September 23, Trump Media’s share price has skyrocketed. Trump Media’s share price saw a sharp decline in July after President Joe Biden ended his reelection bid. “If this were called Joe’s Media Company, we wouldn’t even be talking about it and it wouldn’t have a value anywhere close to this.

Persons: New York CNN —, Donald Trump’s, “ I’ve, ” Gene Munster, Munster, Trump, ” Munster, “, it’s, ” Trump, George Kailas, ” Kailas, Kailas, “ There’s, Joe Biden, Kamala Harris, Harris, ”, Steve Sosnick, Sosnick, ” Sosnick, he’s Organizations: New, New York CNN, New York CNN — Trump Media & Technology Group, Trump, White, Trump Media, Republican, Asset Management, CNN, Democratic, Interactive Brokers, Munster, “, Joe’s Media Company Locations: New York, Munster, Trump’s

☆ Your election questions, answered
▼ + stars: | 2024-10-19 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +26 min

They ranged from questions about the Electoral College to specific inquiries about why ballots in some counties look the way they do. We’ll add answers to new questions weekly until the election and also send them out to the What Matters newsletter audience. CNN did not project that President Joe Biden would win the 2020 election until four days after Election Day. -- Linda in WashingtonThere were a lot of questions about the Electoral College, which should frustrate people on both sides of the aisle. I’m not including the election of 1800, even though it resulted in a tie in the Electoral College.

Persons: I’ve, Debbie, Ariel Edwards, Levy, Read, they’ve, Will, Trump, Dennis, Donald Trump, don’t, faithless, Sen, Bernie Sanders of, Ron Paul of Texas, Jeanette, Elon Musk, –, Democrats –, Elena, you’re, that’s, you’ve, Harris, Kamala Harris, CNN’s KFile, it’s, Ron, CNN’s Tami Luhby, Joe Biden, Hillary Clinton, George W, Bush, Jennifer Agiesta, what’s, we’re, hasn’t, noncitizens, Critics, doesn’t, Sheila, Nicole Unzicker, Unzicker, Terry I’m, Harvey Let’s, Doug Sosnik’s, Patricia, Al Gore, Rutherford B, Hayes, Samuel Tilden, Tilden, John F, Kennedy, Richard Nixon, James Garfield, Winfield Hancock, I’m, Sandra, Jack Smith, Julie Organizations: CNN, Electoral College, Washington, Puerto Rican, Social Security, Electoral, Library of Congress, Elon, Democrats, Trump, Colorado Presidents, Security, Federal, Republican, Heritage Foundation, Dominion, Senate, White, Democratic, Lumina Foundation, Supreme, eventual, Michigan Trump, Gallup Locations: Florida, Madison, Chad, Virginia, Michigan, Puerto Rico, Guam, Minnesota, Washington, DC, Puerto, Congress, Bernie Sanders of Vermont, Pennsylvania, Colorado, South Carolina, United States, California, Harris, Georgia, North Carolina, . Pennsylvania, Missouri, North Dakota, California , Maryland, Vermont, Washington ,, Ohio, Butler County, Texas, New York, It’s, today’s America, New Hampshire

☆ CNBC Daily Open: Prequels, sequels and pixie dust
▼ + stars: | 2024-08-12 | by ( Abid Ali | ) www.cnbc.com time to read: +3 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. The S&P 500 ended the week just 0.04% lower, while the Dow Jones Industrial Average slipped 0.6% and the Nasdaq Composite dipped 0.18%. At its lowest point on Monday, the S&P 500 was down nearly 10% from its recent high and the Nasdaq entered correction territory. [PRO] Low-volatility stocksDespite a wild week with steep sell-offs and concerns about Fed policy, markets rebounded showing resilience.

Persons: Disney, Indiana Jones, Carlos Tavares, Donald Trump, Sen, Elizabeth Warren, Elon Musk, Elon Musk's, Warren, Tesla, Robyn Denholm, Musk, CNBC's Pia Singh Organizations: CNBC, Wall, Dow Jones, Nasdaq, Magic, Hollywood, Inc, Animal Kingdom, Fiat Chrysler, France's PSA Groupe, Trump, Trump Media, SpaceX, Twitter Locations: U.S, Magic Kingdom, Disney's California, Michigan, Friday's

☆ CNBC Daily Open: Wall Street rebounds, investors to monitor earnings and inflation data
▼ + stars: | 2024-08-12 | by ( Abid Ali | ) www.cnbc.com time to read: +3 min

Traders work on the floor of the New York Stock Exchange during morning trading on May 31, 2024 in New York City. This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Asia markets climb higherAsia-Pacific markets were mostly higher on Monday ahead of U.S. economic data later in the week. [PRO] Distinct marketWhile U.S. and Japanese indexes fell sharply amid recent volatility, the MSCI China index rose slightly, reinforcing China's distinct market status despite slower growth.

Persons: Disney, Indiana Jones, Donald Trump, Sen, Elizabeth Warren, Elon Musk, Elon Musk's, Warren, Tesla, Robyn Denholm, Musk, Hai Precision Industry —, —, Australia's, Hong Organizations: New York Stock Exchange, CNBC, Wall, Dow Jones, Nasdaq, Magic, Hollywood, Inc, Animal Kingdom, Trump, Trump Media, SpaceX, Twitter, Hai Precision Industry, SK Hynix, China's CSI, U.S Locations: New York City, U.S, Magic Kingdom, Disney's California, Friday's, Asia, Pacific, Taiwan, Australian, China

Chesebro’s social media presence Pro-Trump attorney Kenneth Chesebro told Michigan investigators that he doesn’t have any social media accounts, including Twitter. But CNN uncovered a secret Twitter account that Chesebro used to anonymously post about the 2020 election in real-time. Yet in his interview with Michigan investigators, Chesebro said the very opposite, claiming that the entire electors plan was contingent on the courts. Michigan investigators secured Chesebro’s cooperation in December, after previously charging the 16 fake electors in that state with multiple felonies. Chesebro distances himself from the plotIn his interview with Michigan investigators, Chesebro repeatedly tried to downplay his knowledge of the electors plan.

Persons: Kenneth Chesebro, Chesebro, ”, Robert Langford, Danny Wimmer, Dana Nessel, “, ” Chesebro, Trump, BadgerPundit, Mike Pence, Joe Biden, Pence, hadn’t, Jack, “ Chesebro, Ryan Goodman, ” Goodman, Manny Arora, Arora, Wimmer, John Eastman, Alex Jones, I’d, Gore, Laurence, “ it’s, Eastman, Boris Epshteyn, Donald Trump, won’t, Biden, ” BadgerPundit, Jefferson, ” CNN’s Selwyn Rocha Organizations: CNN, Trump, Twitter, Michigan, CNN CNN, BadgerPundit, Chesebro, Republican, Pro, CNN CNN Twitter, Wayback Machine, New York University, Michigan Attorney, Bush, Trump International Hotel, Atlantic, ”, Biden, Eastman, Pence, Capitol Locations: Michigan, Georgia, Wisconsin, Arizona, Nevada, “, Chesebro, Gore, cryptocurrency, Washington ,, Bush, Trump’s, Washington

☆ Haley attacks Trump’s morals, age and wealth as she looks to stave off home state loss
▼ + stars: | 2024-02-02 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

Haley laid out a stinging character study of the former president in an interview with CNN’s Jake Tapper on Thursday. Grouping Trump with President Joe Biden, she said it was “absurd” that the country would be stuck with two 80-year-old candidates. In recent campaign events, Haley has also questioned Trump’s morality and capacity to tell right from wrong. They had to find a way to exploit Trump’s greatest general election liabilities in the knowledge that most Republican voters had no interest in hearing about them. South Carolina state Rep. Bill Taylor hit back at some of Haley’s recent criticisms that Trump only thinks of himself.

Persons: Nikki Haley, Donald Trump, —, besmirching, Haley, CNN’s Jake Tapper, Joe Biden, Biden, Trump, quagmire, she’s, they’ve, Jeb Bush, Sen, Marco Rubio, Ron DeSantis, DeSantis, ”, ” DeSantis, ” Haley, Hilton, Chris Christie, Liz Cheney, Tapper, “, He’s, he’s, doesn’t, E, Jean Carroll, hadn’t “, Carroll, Haley —, Nancy Mace, ” Mace, Bill Taylor, “ Nikki Haley, Nikki, ” Taylor Organizations: CNN, South, GOP, Trump, Hampshire, United Nations, Gov, Republican, Wyoming, New York Times, UN, Capitol, Republicans don’t, Republicans, South Carolina Rep, Rep Locations: South Carolina, United, Florida, Iowa, America, Hilton Head, Columbia , South Carolina, New York, York, Trump, Columbia, New Hampshire, vise, China, United States

The memo, shared with The Associated Press, pointed to Reynolds' surprise endorsement — a rarity for sitting Iowa governors before the caucuses — as proof that DeSantis could cut into Trump's margins. In her own memo, Haley campaign manager Betsy Ankney on Monday described the Iowa contest as a “dead heat” between DeSantis and Haley, while ignoring Trump's massive lead. He has no end game.”The new DeSantis memo points to the political infrastructure that he and an allied super PAC have established across several early voting states. In Iowa, the memo claims “there will soon be 50 dedicated paid staff" and the organizing help of Reynolds, who has her own statewide operation. But learning of Reynolds’ support for DeSantis Sunday did nothing to move her toward him, she said Monday.

Persons: Ron DeSantis ’, Donald Trump, Kim Reynolds, Nikki Haley, Haley, Reynolds, Trump, ”, James Uthmeier, David Polyansky, Ryan Tyson, “, Hawkeye, ” Reynolds, Ron DeSantis, —, Ira Roffel, hasn’t, “ I’m, John Stineman, DeSantis, Joe Biden, Betsy Ankney, ” Ankney, ’, Helen Herbold, Herbold, ” ___ Organizations: DES, —, — Florida Gov, Republican, American Opportunity Alliance, United, The Associated Press, Iowa, Trump, Des Moines, The New, ” ___ Peoples Locations: DES MOINES, Iowa, — Florida, United Nations, Wednesday's, New Hampshire, Des Moines, Fairfield , Iowa, Des, DeSantis, The, The New Hampshire, South Carolina, In Iowa, New York

[1/4] Michigan Attorney General Dana Nessel addresses supporters during a campaign stop at the IBEW Local 58 union hall in Detroit, Michigan, U.S. November 5, 2022. REUTERS/Rebecca Cook/File PhotoJuly 18 (Reuters) - Michigan's attorney general on Tuesday announced felony charges against 16 Republicans for participating in an alleged "false elector" scheme that aimed to overturn then-President Donald Trump's 2020 election loss in the battleground state. Nessel charged the 16 Republicans with a series of felonies, including forgery, conspiracy to commit forgery, and conspiracy to commit election forgery. The group includes Marian Sheridan, the grassroots vice chairwoman of the Michigan Republican Party; Meshawn Maddock, former co-chair of the Michigan Republican Party; Republican National Committeewoman Kathy Berden; and Stanley Grot, the clerk in Shelby Township, a northern suburb of Detroit. Other authorities are also investigating efforts to overturn Trump's 2020 loss.

Persons: Dana Nessel, Rebecca Cook, Donald Trump's, Joe Biden, Nessel, Marian Sheridan, Meshawn Maddock, Kathy Berden, Stanley Grot, Trump, Biden, Mike Pence, Kanishka Singh, Nathan Layne, Andy Sullivan, Will Dunham, Daniel Wallis Organizations: Michigan, REUTERS, U.S . Capitol, Trump's, Democrat, Electoral College, Trump, Michigan Republican Party, Republican, Republican Party, State of, United States Senate, National Archives, U.S . Justice, Thomson Locations: Detroit , Michigan, U.S, Michigan, Shelby Township, Detroit, United States, America, State of Michigan, Georgia

☆ Analysis: Why Trump's Republican rivals should focus on New Hampshire, not Iowa
▼ + stars: | 2023-07-09 | by ( Harry Enten | ) edition.cnn.com time to read: +5 min

All those candidates, however, then proceeded to lose the New Hampshire primary and the party nomination. Only 26% of New Hampshire Republican primary voters identified the same way. Trump has also been weaker among demographic groups who make up a larger share of the New Hampshire Republican electorate. Although the 2016 Iowa entrance poll did not ask about income, the 2020 general election exit poll did. (Note: Household and family income are somewhat different measures, but I’m merely demonstrating that New Hampshire Republicans are, on the whole, wealthier than Iowa Republicans.)

Persons: Donald Trump, South Carolina Sen, Tim Scott, Mike Pence –, Trump, Iowans, Mike Huckabee, Rick Santorum, Ted Cruz, Bob Dole, George W, Bush, Mike Pence, Joseph Prezioso, Ron DeSantis, Quinnipiac, Iowa Republican caucusgoers, I’m, Chris Christie, Christie Organizations: CNN, –, Trump, Iowa Republican, Trump Republicans, Republican, New, Iowa, GOP, Hawkeye, Getty, New Hampshire Republicans, Iowa Republicans, Republicans, Florida Gov, New Hampshire GOP, New Hampshire Republican, New Jersey Gov Locations: South Carolina, Iowa, New Hampshire, Derry , New Hampshire, AFP, Hampshire, New, New Jersey

☆ Trump Loss in Sexual-Abuse Case Casts Another Legal Cloud Over 2024 Bid
▼ + stars: | 2023-05-10 | by ( Alex Leary | Lindsay Wise | ) www.wsj.com time to read: 1 min

Former President Donald Trump said that ‘over the last million years’ it has been largely true that celebrities can grab women by the genitals. Photo: trial exhibitA federal jury verdict holding Donald Trump liable for sexual abuse and defamation has injected new uncertainty into the 2024 presidential race, testing whether voters and Republican allies will stick with him through another controversy. Tuesday’s decision on the allegations by columnist E. Jean Carroll marked the second time this year Mr. Trump has faced a significant legal setback, following an April indictment on charges in New York related to hush-money payments to a porn star. Ms. Carroll’s allegations—and those of other women who have accused Mr. Trump of misconduct over the years—could be on the agenda Wednesday night, when he is scheduled to participate in a CNN town hall in New Hampshire.

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