Donald Trump is one of the world's most famous businessmen. Now investors can throw in their lot with the former President with DWAC stock.
Former president Donald Trump's digital media company is losing money, and lots of it. First, as a recap: Trump Media and Technology Group (TMTG) recently merged with Digital World Acquisition Corp. in a SPAC, the ill-starred financial instrument that, more often than not, represents a last-ditch option for a substantial cash infusion. The company is on the NASDAQ as, predictably, $DJT.
The U.S. Supreme Court heard arguments Thursday in a landmark case regarding former President Donald Trump's bid for criminal immunity. Here are the key takeaways.
As of last weekend, Jared Birchall, who heads Musk's family office, was telling prospective investors that xAI was raising $3 billion at a $15 billion pre-money valuation. Sequoia Capital and Future Ventures, the venture fund co-founded by Musk’s longtime friend Steve Jurvetson, are participating in the round. Other participants are likely to include Valor Equity Partners and Gigafund, whose founders are also part of the inner circle of Musk, who famously blends the personal and the private.
Joel Embiid dropped 50 points on Thursday night, but he easily could have drawn an ejection for this play early.
The Cowboys will now select No. 29 in the first round instead of 24th.
Not everyone was thrilled with their team's draft on Thursday night.
David Pecker, the former publisher of the National Enquirer, told the jury in former President Donald Trump's hush money trial about negotiations in 2016 with two women looking to sell their stories about alleged sexual relationships with Trump.
The Rams went seven years without making a first-round pick. The Matthew Stafford and Jalen Ramsey deals accounted for more than half of that.
Every player was dressed to impress at the 2024 NFL Draft.
Chevron and ExxonMobil are expected to report a year-over-year decline in earnings per share.
Jeff Crowe, a senior managing partner, admitted that the investment rate in venture and certain sectors is slower than it was several years ago, but he said that dealmaking in certain strategies, sectors and geographies, such as growth equity, healthcare and India, is as robust as it was before the downturn. "We've kept a very steady pace and have delivered a number of nice exits," Crowe told TechCrunch. Not all exits were great outcomes for the firm (NVP's portfolio company VanMoof filed for bankruptcy protection), but returns from certain exits greatly outweighed the losses, according to Crowe.
Rubrik shares hit the New York Stock Exchange Thursday, debuting at $38 a share. Rubrik sells cloud-based security software to enterprise customers and has 1,700 customers with contracts worth more than $100,000 and 100 customers who pay the company more than $1 million a year. The VCs most hoping that Rubrik's stock keeps climbing are Lightspeed and Greylock.
A.J. Brown is set to make $32 million per season, which will make him the highest paid wide receiver in NFL history.
No injuries were reported in the two-car crash.
As part of its Q1 2024 earning release, Snap revealed that total watch time on its TikTok competitor, Spotlight, increased more than 125% year-over-year. Snapchat launched the TikTok-like feed in late 2020 as a way to compete with the rising popularity of TikTok. The company is touting the success of its short-from video feed a day after President Biden signed a bill that would ban TikTok if its Chinese parent company, ByteDance, fails to sell it within a year.
Over 5,500 Amazon shoppers agree: This purifying gadget can turn the tide on wet dog smell.
As a TikTok ban gets closer to becoming a reality in the United States, it might be time to start thinking about other platforms to adopt early in case you need to fill the void left by the popular app at some point in the future. On Wednesday, President Biden signed a bill that would ban TikTok if its Chinese parent company, ByteDance, fails to sell the app within a year, bringing the possibility of TikTok ban closer than ever before.
The Federal Communications Commission has voted to restore net neutrality protections. Under those rules, ISPs are not allowed to throttle access to specific sites or charge streaming services for faster service.
AstraZeneca CEO Pascal Soriot joined Yahoo Finance to discuss the company's earnings today.
Meta's AI reality check has dented hopes for a Big Tech revival for stocks, with a GDP update showing the US economy grew slower than expected in the first quarter.