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Trump's TikTok rollout came as his own social media company, Trump Media, took a financial tumble in the wake of the historic verdict that convicted the former president on 34 felony counts in his Manhattan hush money trial. Trump launched Truth Social in early 2022 as an alternative, "non-woke" social media platform after he was banned from sites like Twitter and Facebook following the Jan. 6 Capitol riots. Since then, Trump Media has gone public and the former president now holds a 65% stake in the company. Trump is several months later than his Democratic opponent, President Joe Biden, whose reelection campaign launched on TikTok in February. "We will get President Trump's winning message to every voter possible.
Persons: Donald Trump, Stormy Daniels, Donald Trump's, Trump, Joe Biden, outpacing, Karoline Leavitt, Trump's, Biden, CNBC's, TikTok Organizations: Trump, Trump Media, Truth, Twitter, Facebook, Democratic, TikTok, Biden, NBC News Locations: New York City, U.S, Manhattan
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewFor GOP lawmakers on Capitol Hill, former President Donald Trump continues to wield immense power over their political futures. AdvertisementFormer President Donald Trump at his criminal hush-money trial in New York. But in a decidedly Democratic state like New York, Biden is likely to gain some ground ahead of the election. AdvertisementAcross the country, suburban voters were already turning away from Trump even before his conviction — as former UN Ambassador Nikki Haley has continued to win significant blocs of GOP voters even after suspending her presidential campaign in March.
Persons: , Donald Trump, Trump, Stormy Daniels, Marc Molinaro, Anthony D'Esposito, Biden, Steven Hirsch, Mike Lawler, Attorney Alvin Bragg, Letitia James, Kathy Hochul, hyperpartisan, Nick LaLota, Hochul, Robert F, Kennedy Jr, it's, Nikki Haley Organizations: Service, Capitol, Business, Republicans, New York Police Department, Attorney, hyperpartisan New York Democrats, GOP, New York State, Emerson, Trump, Republican, New York House Republicans Locations: New York, New York City, Hudson, Manhattan, D'Esposito's, Democratic, Long, Trump
The indictment alleged that Trump was a part of an illegal conspiracy to undermine the integrity of the 2016 election. While hush money payments are not illegal in themselves, each charge was tied to a specific allegedly false entry among the financial records of the Trump Organization. Trump has argued that the payments to Michael Cohen, his former fixer who paid Daniels, were correctly labeled as legal expenses. Trump railed against the gag order every day during the trial and again on May 31 when he spoke at Trump Tower the day after the verdict. And the Georgia election interference case is in legal limbo while Trump and several of his co-defendants try to disqualify the Atlanta-area prosecutor who brought the charges.
Persons: Donald Trump, Stormy Daniels, Trump, what’s, Attorney Alvin Bragg, Michael Cohen, Daniels, Cohen, David Pecker, Karen, Pecker, perjurer, Cohen couldn’t, Juan Merchan, Merchan, Trump’s, CNN’s Zachary B, Wolf, Devan Cole, CNN’s Kara Scannell, Lauren del Valle, Jeremy Herb, Zachary B Organizations: CNN, Trump, White, Manhattan, Attorney, Trump Organization, fixer, Prosecutors, National Enquirer, Trump Tower, Division, Department, New, US Locations: New York, Washington ,, Florida, Georgia, Atlanta
The Florida federal judge overseeing the criminal classified documents case against former President Donald Trump has been the target of more than 1,000 complaints in just one week this month raising allegations of her handling of the case, a top appeals court judge revealed in an order. And "many of the complaints against Judge Cannon also question the correctness of her rulings or her delays in issuing rulings in the case," Pryor wrote. "Although many of the complaints allege an improper motive in delaying the case, the allegations are speculative and unsupported by any evidence," Pryor wrote. "The Complaints also do not establish that Judge Cannon was required to recuse herself from the case because she was appointed by then-President Trump." "Some of those complaints have been acted upon, and others will be acted upon in due course," Pryor wrote, without revealing the nature of those actions.
Persons: Donald Trump, Aileen Cannon, Cannon, William Pryor, Judge Cannon, Pryor, Jack Smith's, Trump, Stormy Daniels Organizations: Trump, 11th Circuit U.S, Public, White Locations: Florida, Florida , Georgia, Alabama, Lago, Palm Beach , Florida, New York, Fort Pierce , Florida
Trump launched into a free-wheeling speech on Friday, insulting President Joe Biden and spreading conspiracy theories about terrorists crossing the US border. But most notably, Trump ranted against key prosecution witness and his former lawyer Michael Cohen, risking another violation of the judge's orders in his hush-money case. Trump then accused Cohen of throwing him under the bus in a plea deal so Cohen could "get off" himself. "And who would have a certain person — again, gag order — who would have a certain person like this ever testify?" AdvertisementTrump's attacks on Cohen could amount to another violation of his gag order, which Judge Juan Merchan hasn't lifted yet.
Persons: , Donald Trump's, Joe Biden, Trump, Michael Cohen, Cohen, Attorney Alvin Bragg, Bragg, Juan Merchan hasn't, Merchan, It's, Forbes, Stormy Daniels, Biden Organizations: Service, Trump, Business, Manhattan, Attorney, NBC Locations: York
Read previewFormer President Donald Trump raked in record cash after he became a convicted felon, a sign of how his legal troubles resonate with his most loyal followers. Trump's campaign did not define what small donors mean, but it typically refers to Americans who donate $200 or less. It's not a surprise that the day provided a major boost to Trump's fundraising. Last month, Trump and Republicans outraised President Joe Biden and Democrats. Senate Republicans' campaign arm said it had its biggest fundraising day of the cycle, raising $360,000 online.
Persons: , Donald Trump, Trump's, Stormy Daniels, Joe Biden, Biden, Trump, Donald Trump's, It's, Karl Rove, let's, Rove Organizations: Service, Business, Politico, Trump, Republicans outraised, Biden, Senate Republicans, Republicans, Fox News Locations: Manhattan, Trump
On the final day of Donald Trump’s hush money criminal trial — in which a jury found the former president guilty on all 34 counts of falsifying business records — Emily Ratajkowski was spotted wearing a not-so-subtle statement shirt. Ratajkowski wore her $95 Stormy Daniels T-shirt out in New York. Ratajkowski herself is no stranger to the art of sartorial support, wearing a conspicuous Rage Against the Machine T-shirt in 2020 featuring a young Bernie Sanders. Despite a lack of statement, Cate Blanchett's latest Cannes look was interpreted by many as a nod to the Palestinian flag. Similarly, Ratajkowski has spoken at length in her 2021 book “My Body” about her experience enduring several instances of sexual assault.
Persons: Donald Trump’s, Emily Ratajkowski, Stormy Daniels, Daniels, Robert Crumb, Katherine Hammett, Margaret Thatcher, Pershing, Hammett, Thatcher, ” Hammett, Ratajkowski, Bernie Sanders, Queen Elizabeth II —, Cate Blanchett’s Haider Ackermann, Blanchett, Ackermann, Cate Blanchett's, Daniel Cole, Guy Pearce, Netanyahu, ” Pearce, , I’ve Organizations: CNN, Trump, British, Guardian, EU, Cannes Film, Fair Locations: New York City, York, British, New York, Gotham, Palestine, Gaza, Cannes, Fair France
The Trump campaign said Friday it nearly doubled its single-day fundraising record after a New York jury found Donald Trump guilty in his criminal hush money trial. The Republican's campaign said it raised $34.8 million from small-dollar donors in less than seven hours following the historic verdict Thursday afternoon, in which Trump was convicted of 34 counts of falsifying business records. Nearly 30% of those donors were brand new to the Trump donation site WinRed, senior campaign advisors Chris LaCivita and Susie Wiles said in a press release. The top aides echoed Trump's post-trial vow that the "real verdict" will come on Election Day, Nov. 5. The Trump campaign told NBC News that its latest fundraising figure only includes donations sent between Thursday's verdict and midnight, and that it does not include anything that came in after 12 a.m.
Persons: Donald Trump, Stormy Daniels, Trump, Chris LaCivita, Susie Wiles, Trump's, Joe Biden Organizations: U.S, New, Trump, Republican, NBC News Locations: New York City, U.S, New York
Former President Donald Trump angrily denounced his criminal hush money trial in rambling remarks Friday, a day after a New York jury convicted him on 34 felony counts of falsifying business records. Trump called the case "very unfair" as he cycled through many of his previously voiced criticisms of trial judge Juan Merchan, the prosecutors, witnesses, and the charges in Manhattan Supreme Court. "These are bad people," Trump told reporters at Trump Tower, where he launched his first Republican presidential campaign nine years earlier. "It should never be allowed to happen in the future, but this is far beyond me. "This is bigger than Trump, this is bigger than me, this is bigger than my presidency."
Persons: Donald Trump, Stormy Daniels, Trump, Juan Merchan Organizations: Trump, New, Trump Tower, Republican Locations: New York City, U.S, New York, Manhattan
But in closing arguments, one of Mr. Bragg’s prosecutors said that Mr. Cohen had told his lies for Mr. Trump. After the election, Mr. Pecker testified, Mr. Trump summoned him to Trump Tower. The ShowdownEven that did not prove that Mr. Trump had falsified records to disguise his reimbursement of Mr. Cohen. Mr. Trump washed his hands of Mr. Cohen, who turned on the man he had once idolized. Mr. Blanche also argued that Mr. Cohen had profited from his hatred for Mr. Trump with two books and a lucrative podcast deal.
Persons: Donald J, Trump, Juan M, Merchan, anoints, Alvin L, Bragg, Trump’s, Stormy Daniels, Michael D, Cohen, Eduardo Munoz, Daniels, Mr, Michael Cohen, , Joshua Steinglass, Cohen “, ” Mr, glowered, Mike Johnson, Biden, , Donald Trump, Dave Sanders, Biden’s, Todd Blanche, Blanche, Todd Heisler, David Pecker, Pecker, nonchalantly, Hope Hicks, Hicks, Ms, The New York Times “, Justice Merchan, “ You’re, ” Ms, Allen H, Weisselberg, Susan Hoffinger, Cohen’s, Joe Piscopo, giddily, Hoffinger, Jean Carroll, Bragg’s, Wesley Parnell, Michael Rothfeld Organizations: White, Republican, Convention, Office, Reuters, Mr, Credit, The New York Times, Democratic, New York Times, National Enquirer, Trump, Playboy, Street Journal, New, Hells Angels Locations: American, Manhattan —, Lower Manhattan, , Florida, Washington, Georgia, New York, Manhattan, Trump’s Midtown Manhattan, Tahoe, Nev, America
Read previewFormer President Donald Trump's historic conviction on Thursday may have been in part due to mistakes made by his defense team, including not having him take the stand, legal experts told Business Insider. Though the conclusion of the case was significant, three legal experts told BI the verdict wasn't a major shock. AdvertisementHe pointed to opening statements made by Trump's lawyer, Todd Blanche, that Rahmani thought suggested an accountant would testify and serve as a fall guy. AdvertisementNot long before resting their case, the defense told the judge they were still weighing having Trump testify. Some legal experts previous said testifying would not be a good idea for Trump, with concerns that he could end up committing perjury.
Persons: , Donald Trump's, Trump, Stormy Daniels, Alex Reinert, Eric Anderson, Sullivan Wright Gizer, McRae, Donald Trump, Daniels, Neama, Todd Blanche, Michael Cohen, Trump's, Rahmani, David Pecker, Anderson, Cohen, hadn't, It's, Merchan, Biden Organizations: Service, New, Business, Cardozo School of Law, McRae LLP, West, Trial, National Enquirer, Trump Locations: New York
CNBC Daily Open: Trump guilty in hush money trial
  + stars: | 2024-05-31 | by ( Abid Ali | ) www.cnbc.com   time to read: +3 min
Traders work on the floor of the New York Stock Exchange during afternoon trading on Jan. 22, 2024 in New York City. The Dow Jones and S&P both hit all time highs with the Dow Jones closing over 38,000 points for the first time ever as stocks continue to rise. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Saleforce sinks stocksWall Street closed lower after Salesforce had its worst day in two decades. Salesforce plungesShares of Salesforce slumped more than 20%, their worst trading day in 20 years, after the cloud software company reported weaker-than-expected results.
Persons: Dow Jones, Trump, Donald Trump, Daniels, Salesforce, Dell, Dell's, Foot, Locker's, Mary Dillon Organizations: New York Stock Exchange, CNBC, New, Republican National Convention, Dow Jones, Nasdaq, Nvidia, Microsoft, Treasury, Dell, Citi Locations: New York City, New York, U.S, Milwaukee
In today's big story, we're looking at the historic guilty verdict against former President Donald Trump . In a historic verdict, former President Donald Trump was convicted of all 34 criminal counts related to a hush-money payment made to a porn star , write Business Insider's Laura Italiano, Jacob Shamsian, and Natalie Musumeci. AdvertisementIt's the first time a US president has become a convicted felon. This was a rigged trial by a conflicted judge that was corrupt," Trump told reporters in the Manhattan courtroom hallway. Trump told reporters Thursday the "real verdict is going to be November 5 by the people."
Persons: , Donald Trump, Tyler Le, Laura Italiano, Jacob Shamsian, Natalie Musumeci, Trump, Stormy Daniels, BI's Lloyd Lee, There's, didn't, Chip Somodevilla, Scott Eisen, Joe Biden, Alyssa Powell, Rob Arnott, Bob Elliott, Paul Singer's, Jane Street, Jenny Chang, Rodriguez, Liz Reid, Satya Nadella, Sam Altman, Nadella, Kevin Dietsch, Charles Schwab, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Service, Business, Republican, Trump, NBC, Getty, Wall, Elliott Management, BI, Tech, Sigma, Google, Microsoft, Apple, Big Locations: Giza, Manhattan, Bridgewater, New York, London
[The stream is slated to start at 11 a.m ET. Please refresh the page if you do not see a player above at that time.] Former President Donald Trump is set to hold a press conference in New York on Friday, a day after a state court jury found him guilty of 34 felony counts related to a 2016 hush money payment to porn star Stormy Daniels by his ex-personal lawyer and fixer Michael Cohen. Trump, who will speak at Trump Tower, is due to be sentenced July 11 in Manhattan Supreme Court, days before the Republican National Convention will formally confirm him as the party's presidential nominee. Trump will face President Joe Biden in November in a rematch of their 2020 election contest.
Persons: Donald Trump, Daniels, Michael Cohen, Trump, Joe Biden Organizations: Trump, Republican National Convention Locations: New York, Manhattan
“Today’s verdict does not change the fact that the American people face a simple reality,” said campaign communications director Michael Tyler. Convicted felon or not, Trump will be the Republican nominee for president,” Tyler said. Supporters hold placards and flags following the announcement of the verdict in Trump's criminal trial. Or, the guilty verdict could play into Biden’s campaign theme that his predecessor is too corrupt and extreme to serve as president again. In another age, a guilty verdict would have immediately ended Trump’s campaign.
Persons: Donald Trump’s, ” Trump, foreperson, Trump, , Joe Biden’s, , Michael Tyler, Donald Trump, ” Tyler, he’s, he’ll, he’d, jubilation, He’s, Biden, Andrew Kelly, ignominy, Timothy Naftali, ” Naftali, Stormy Daniels, , Attorney Alvin Bragg, Prosecutors, Michael Cohen, Todd Blanche, CNN’s Kaitlan Collins, Eric Trump, Justin Lane, Elise Stefanik, Joe Biden, ” Stefanik, Mike Johnson, South Carolina Sen, Lindsey Graham, ” Graham, Larry Hogan, who’s, ” Hogan, Chris LaCivita, hasn’t Organizations: CNN, Trump Tower, Republican, Republican National Convention, Reuters, Trump, Manhattan, Attorney, Manhattan Criminal, New York, GOP, , Louisiana Republican, Senate, Locations: United States, New York, York, America, South Carolina
CNBC's Jim Cramer on Friday told investors what to pay attention to next week on Wall Street, highlighting the nonfarm payroll report and earnings from GitlLab and CrowdStrike . Cramer said he's waiting to see how the company will perform because some in the enterprise software sector see issues with sales. Tuesday brings quarterly results from CrowdStrike, and Cramer said this cybersecurity company has been doing better than many of its peers. Friday brings perhaps the most important event of the week, according to Cramer, the Labor Department's nonfarm payroll report. Cramer said the Federal Reserve won't be inclined to cut rates until the unemployment rate reaches 4%.
Persons: CNBC's Jim Cramer, Cramer, he's, Hewlett Packard, Ferguson, PVH, Calvin Klein, Tommy Hilfiger, Ralph Lauren, Campbell Soup, Jack Daniels, Brown, Forman, Lululemon, JM Smucker, Smucker Organizations: Dell, athleisure, Labor
President Joe Biden on Friday called former President Donald Trump's reaction to his conviction in New York on criminal hush money charges "reckless" and "dangerous." "It's irresponsible for anyone to say this was rigged, just because they don't like the verdict," Biden said at the White House, hours after Trump held a press conference at Trump Tower in Manhattan condemning the criminal case. Trump, 77, was convicted Thursday in Manhattan Supreme Court of 34 felony counts related to a scheme to conceal hush money paid to porn star Stormy Daniels before the 2016 presidential election. Biden, who is set to face Trump in the November election, said his Republican opponent's conviction reaffirmed "the American principle that no one is above the law."
Persons: Joe Biden, Donald Trump's, Biden, Trump, Stormy Daniels Organizations: White, Trump, Republican Locations: New York, Manhattan
Trump Media and Technology Group stock fell as much as 9% after Donald Trump became a convicted felon. Trump Media stock has been volatile since the conviction, having risen 7% in premarket trading. AdvertisementTrump Media and Technology Group experienced a rollercoaster ride of trading in the aftermath of Donald Trump becoming a convicted felon. Trump Media, which is the parent company of Truth Social, saw its stock decline as much as 9% on Friday. Trump Media Group has largely become a meme-stock with a fervent base of supporters who are politically aligned with the former President.
Persons: Donald Trump, Trump, , Trump's, Stormy Daniels Organizations: Trump Media, Technology Group, Service, Truth, Trump Media Group
Read previewFormer President Donald Trump is officially a felon. Related stories This story is available exclusively to Business Insider subscribers. Legal experts told Business Insider that Trump will more likely receive probation at his sentencing, which is set for July 11. Can Donald Trump still run for president? And he's already doubled down on trying to use Thursday's guilty verdict to his advantage.
Persons: , Donald Trump, Joe Biden, Trump, Stormy Daniels, Michael Cohen, Daniels, Cohen, baselessly, Michael Cohen's, Trump's, Biden, Kathy Griffin Organizations: Service, Trump, Business Locations: Manhattan, New York
Welcome to Opinion’s coverage of the guilty verdict in the Manhattan trial of Donald Trump. It is hard to imagine that he was helped, in any way, by his constant attacks on judge, jury and the trial itself. voters to Trump, helping him win a third consecutive Republican nomination. And when Trump concealed the nature of the payments, the prosecution could easily make the case — at least to a jury — that he must have known that the payments were legally problematic. Trial outcomes are often dictated by the side that can create the most coherent narrative, and the prosecution’s theory of the case was easy for the jury to grasp.
Persons: Donald Trump, Donald Trump —, Matthew Continetti, Alvin Bragg, Trump, G.O.P, Bragg, David French, Daniels Organizations: Trump, Republican, Trumpism Locations: Manhattan
Donald Trump's campaign quickly fundraised off of his status as a convicted felon. "I'm a political prisoner," a graphic on Trump's campaign website read. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementFormer Donald Trump's campaign sought to immediately capitalize on the fact that he is now a convicted felon. This story is available exclusively to Business Insider subscribers.
Persons: Donald Trump's, Joe Biden's, , Stormy Daniels Organizations: Service, Business Locations: Manhattan
Read previewThe jury in Donald Trump's criminal hush-money trial had a specific request before starting deliberations on Thursday — they asked to hear again what they described in a note as the judge's "rain metaphor" instruction. It advises a jury that they can infer that it's raining — by seeing someone's wet umbrella, for example — even if they don't see the rain themselves. The "rain metaphor," as the jury note called it, is often used by judges in jury instructions. AdvertisementOn Wednesday afternoon, they asked for the judge to read back roughly a half-hour of testimony. After the judge completed his recitation of the jury instructions, two of the court stenographers re-read portions of the testimony.
Persons: , Donald Trump's, Juan Merchan, Merchan, scribbled, Trump, Stormy Daniels, Daniels, Donald Trump, MARK PETERSON, Getty Images Trump, Michael Cohen, stenographers, David Pecker Organizations: Service, Business, New, Trump, Getty Images, Election, National Enquirer Locations: raincoats
False reports about the jury instructions in former President Donald Trump's hush money trial have been spreading across right-wing media, leading to threats against the judge overseeing the case. Those "unlawful means" aren't charges themselves and would not result in separate convictions, so jurors do not have to unanimously agree on them. The jury instruction was complex and nuanced and some right-wing accounts ran with false reports. On X, after a right-wing influencer asked followers who among them wanted to see Merchan locked up for treason. In August, Trump supporters posted the names and addresses of the Fulton County grand jurors who indicted Trump and 18 of his co-defendants.
Persons: Juan Merchan, Donald Trump's, Stormy Daniels, Donald, Trump, That's, Merchan, influencer, Alice, Wonderland, Rickey Walter Shiffer, Trump's, Joe Biden, General Merrick Garland, Biden Organizations: Republican, Fox News, Federal, System, Democratic Socialist Elites, Fox, Trump, FBI Locations: Manhattan, New York City, U.S, Fulton, Cincinnati
Micheal Cohen reacted to a jury finding Donald Trump guilty of 34 counts of falsifying business records. The former Trump fixer testified as the prosecution's star witness. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementMichael Cohen on Thursday celebrated Donald Trump's unprecedented criminal conviction after a Manhattan jury found the former president guilty of 34 counts of falsifying business records. This story is available exclusively to Business Insider subscribers.
Persons: Micheal Cohen, Donald Trump, Cohen, , Michael Cohen, Donald Trump's, Trump's, Stormy Daniels Organizations: Trump, Service, Business Locations: Manhattan
Read previewThe jury in former President Donald Trump's criminal hush-money trial has reached a verdict. At the heart of the criminal case against Trump was a payment prosecutors said was designed to influence the 2016 election. Trump repaid Cohen with a series of checks in 2017, once he was already president, prosecutors alleged. The verdict follows the first-ever criminal trial of a former American president. "Just take care of it," Cohen said Trump told him in ordering him to quash Daniels' sex story.
Persons: , Donald Trump's, Trump, Stormy Daniels, Michael Cohen, Trump's, Daniels, Cohen, Juan Merchan, Cohen —, Robert Costello, Costello, scoffing, Matthew Colangelo, Todd Blanche, Merchan, Joe Biden, Robert De Niro Organizations: Service, Business, Trump, New, Prosecutors, Biden, Georgia — Locations: Manhattan, Tahoe, American, Washington , DC, Georgia, Florida
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