Sign Up
OverviewAPI
Former President Trump's media company, Trump Media and Technology Group (TMTG), faces financial challenges with a significant loss of $58 million on $4 million revenue. Analysts express concerns over its overvaluation and long-term viability, as its stock price disconnects from performance. Meanwhile, FTX founder Sam Bankman-Fried expresses remorse for FTX's collapse, leading to a 25-year prison sentence for fraud. Trump Media's shares plunge after reporting losses, contrasting with revenue growth and a decline in value post-merger.

Ask a question