Truth Social
Trump Media increases revenue, but losses widen during Q2
The company saw $2.3 million in positive cash flow, but logged a $20 million loss primarily related to legal expenses and other matters.
EARNINGS REPORT
Trump Media launches streaming service, with Newsmax among charter outlets
Trump Media & Technology Group has officially entered the global streaming market with the launch of its new platform, Truth Plus, developed in partnership with right-of-center news outlet Newsmax.
Truth Social stock rises 30 percent after Trump assassination attempt
Shares in Trump Media rose 30 percent on Monday, the first business day since an assassination attempt on former President Donald Trump.
Trump media platform Truth Social loses $328 million during Q1
Revenue from advertising was around $770,000; the parent company has enough cash on hand to see through various initiatives, according to its CEO.
Truth Social incurs $31 million loss in first two years, filing shows
Truth Social has lost $31 million in its first two years of operation, according to a new filing made with the U.S. Securities and Exchange Commission this week.