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Truth Social owner Trump Media & Technology Group announced Monday its merger with a publicly traded shell company has closed and trading will begin on the stock market on Tuesday. The closing of the merger between Trump Media and Digital World Acquisition Corp. amounts to a multi-billion dollar windfall for former President Donald Trump, who is the chairman and dominant shareholder of the new company. Trading of the new company under the ticker symbol “DJT” on the Nasdaq Stock Market is set to begin on Tuesday, the companies said. News of the merger’s completion propelled shares of Digital World 21%…
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Last updated: March 25, 2024 10:45 EDT | 3 min read In the latest dazzling Solana meme coin pump, a Graph token spin-off called ‘SOLGraph’ has skyrocketed in popularity as prices hit new highs.This article will provide an analysis of GRAPH’s current price trends, and look to see whether the latest incarnation of Dogecoin, represents a more promising investment opportunity at this time.GRAPH Price Analysis: As SOLGraph Explodes In Huge Overnight Move – Is Retracement Set To Take Hold?SOLGraph is unique amongst the meme coin trend, in so far as having actual utility, with the token forming the settlement layer…
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Well-timed greed is a long-standing American tradition.Warren Buffett is famous for saying, “Be fearful when others are greedy, and be greedy when others are fearful.” But before Buffett, there was J. Paul Getty, an oil tycoon and the patriarch of the Getty family who got his start buying shares of distressed oil companies during the Great Depression. And in the aftermath of the mortgage meltdown of 2008, while foreclosures were piling up, a new generation of well-capitalized players — from Blackstone to Steve Mnuchin — made their fortunes diving into troubled waters.Blackstone helped create the institutional single-family rental industry by…
AI startup Character.ai is in talks to raise around $200 million in a round backed by Google, Business Insider understands.The San Francisco-based startup, which was founded in 2021, allows users to create AI-generated characters in the form of chatbots. Reuters first reported that the startup was in talks with Google to raise “hundreds of millions of dollars” in November 2023. The round is set to be near the $200 million mark, three sources familiar with the matter told BI.The deal is not yet finalized, and details around the round size and participants could still change. Sources spoke to BI on condition of…
Fundamentals: This past week, gold prices went up and down a lot, hitting new highs over $2200 per ounce at one point. This was all happening around a big meeting by the Federal Reserve, which is like the central bank of the United States. They talk about and decide on things like interest rates, which can really affect how much things cost and how the economy is doing. What Happened This Week? Interest Rates: The Federal Reserve didn’t change interest rates this past week, which most people were expecting. They’ve hinted they might lower them later this year to help…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Four key suspects were being questioned on Sunday over the largest attack on Russian soil in more than a decade as the country held a day of mourning over the assault, which killed at least 137 people and injured 180.Flags were flown at half-mast and Russians brought flowers to the site of Friday’s attack, a vast concert hall on the capital’s outskirts that is now a burnt-out shell after a fire started by the assailants tore through the building. Jihadist group Isis…
The White House on Sunday attacked congressional Republicans for pushing a provision in the government funding bill that limits which flags can be flown above US embassies, effectively banning LGBTQ flags. “President Biden believes it was inappropriate to abuse the process that was essential to keep the government open by including this policy targeting LGBTQI+ Americans,” a White House spokesperson said in a statement. “While it will have no impact on the ability of members of the LGBTQI+ community to serve openly in our embassies or to celebrate Pride, the Administration fought against the inclusion of this policy and we…
2/2 © Reuters. FILE PHOTO: Nelson Peltz founding partner of Trian Fund Management LP. speak at the WSJD Live conference in Laguna Beach, California October 25, 2016. REUTERS/Mike Blake/File Photo 2/2 By Dawn Chmielewski (Reuters) – Walt Disney (NYSE:) Co on Friday said that remarks by activist investor Nelson Peltz criticizing the company for making movies dominated by female and Black actors is evidence that he shouldn’t be on Disney’s board. Peltz, whose fight to join Disney as a director has become one of the year’s most bitter and closely watched board battles, in an interview with the Financial Times…
