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The Latest Breaking News from DWAC

Federal prosecutors probed Trump social media company for $8m money laundering, report says

Multiple federal regulators have probed social media firm

The Independent UK

4 Popular Stocks You Need to Sell or Avoid Completely in 2023

Despite the Fed’s best efforts, inflation remains above the comfort zone. Minutes from the Fed’s meeting show that officials are keen on raising interest rates. This could keep the stock market under pressure this year. Therefore, it could be wise for investors to steer clear of Shopify (SHOP), Snap (SNAP),…

StockNews.com

Stock Market Can't Find Mojo; Trump's Truth Social Stock In Peril

Stock market indexes struggled in the first half of Tuesday's session. Zoom Video rally eased Cathie Wood's ARK fund losses.

Investors Business Daily

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2 Financial Stocks to Add to Your Portfolio in 2023 and 1 to Remove

After the hotter-than-expected jobs data, monthly inflation rose marginally in January, indicating that the Fed still needs to raise interest rates for some time to achieve its target. This could benefit financial companies as they usually benefit from a rising interest rate environment. Therefore, it could be wise to add…

StockNews.com

DWAC Stock Spikes After Trump Merger Vote, Musk Reinstates Trump On Twitter

DWAC advanced after shareholders voted to extend the Trump merger deadline. Elon Musk also activated Trump's Twitter account over the weekend.

Investors Business Daily

DWAC Stock Sinks On Trump's Presidential Launch

DWAC sank 16% Wednesday after Donald Trump announced Tuesday night he is running for president in 2024.

Investors Business Daily

DWAC Stock Tumbles After Trump Picks Fizzle In Midterms

DWAC stock sold off Wednesday after midterm election results fell well short of Republican expectations. Several Trump picks lost.

Investors Business Daily

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'See The Problem?': Short Seller Jim Chanos Rips Into Trump's DWAC Stock Valuation Amid Share Spike

A leading short seller is warning investors to remain cautious on one of Monday's the top stock gainers. Here’s a look at one of the biggest stocks related to Donald Trump and why it’s moving and what could be next.

Benzinga

DWAC Stock Skyrockets Ahead Of Midterms With Trump Set To Announce Run

DWAC stock shot up Monday on news that former President Donald Trump is poised to make another run for the White House in 2024.

Investors Business Daily

Trumpers may lose millions on Truth deal

Shell company that sought to acquire Trump's social network is facing liquidation

Salon

Donald Trump Will Announce 2024 Presidential Bid Later This Month: Report

Former President Donald Trump is planning to announce his candidacy for the upcoming 2024 presidential election on Nov. 14, according to Axios, which spoke to sources familiar with the situation. The official announcement could be followed by a multiday series of political events, the Friday report said.

Benzinga

Dow Jones Falls; Donald Trump Stock Up After Vote Delay; Coinbase Earnings Miss, Bitcoin Rises

The Dow Jones fell as stocks suffered a Fed meeting hangover. The Donald Trump SPAC punted a vote. Coinbase earnings missed, Bitcoin rose.

Investors Business Daily

DWAC Stock Advances As Trump Media Vote Delayed Again, With Musk Heading Twitter

DWAC shares edged higher Thursday after the beleaguered SPAC pushed its shareholders vote to extend timeline to complete the Trump social media merger

Investors Business Daily

Trump Blasts 'Crazy Nancy' And Jan. 6 Committee In Laundry List Of Grievances After Subpoena: Here's What He Said

After getting slapped with a subpoena from the U.S.

Benzinga

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Axios

Truth Social SPAC again delays shareholder vote

It is unable to access hundreds of millions of dollars tied to a prospective merger with a blank check acquisition company.

Benzinga

Another 'Yuge' Setback For Donald Trump's SPAC Merger Deal: Will The Deal Fall Apart?

A SPAC set to take former President Donald Trump’s new media company public is facing another setback as it moves closer to liquidation.

Investors Business Daily

DWAC Stock Falls As Trump Merger Deadline Vote Is Delayed Once Again

DWAC stock dropped Friday as the beleaguered SPAC seeks a deadline extension to complete its merger with Donald Trump's social media platform.

The Street

Trump's Potential Return to Twitter Under Musk Hits Digital World

Digital World Acquisition, a company attempting to merge with former President Donald Trump's media group Truth Social, faces a new challenge.

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news in one place.

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Salon

Truth Social merger partner loses $130M

Digital World Acquisition changed its address in filing disclosing it's lost $138 million of $1 billion investment

Benzinga

Trump's Deadbeat SPAC Switches Address To A P.O. Box - From A WeWork Office Space In Miami

A SPAC set to take Donald Trump’s media company public has been linked to troubles with finances and difficulties finalizing its merger. A filing reveals the company changed its mailing address and it could provide a hint of financial troubles.

Benzinga

Deadbeat SPAC: Donald Trump's Social Network Isn't Paying Its Bills. Is This The Final Setback?

A SPAC set to take former President Donald Trump’s new media company public could be facing another setback. Here’s the latest.

The Street

Digital World Gets Short Extension For Trump Media, Truth Social Merger

"The SEC has needlessly delayed its review of our proposed merger, causing real and unnecessary financial harm to DWAC investors," Trump Media & Technology Group said.

Benzinga

Trump Vs. Biden: Who Would Americans Vote For If 2024 Election Was Held Right Now? New Poll Finds Out

A majority of Americans do not want Donald Trump to run for President again in 2024, according to a new poll, while another indicates he’s behind President Joe Biden in a hypothetical contest.

Investors Business Daily

DWAC Stock Up As Trump SPAC Vote On Merger Deadline Adjourns

DWAC stock rose as Digital World Acquisition said the SPAC's sponsor will extend the Trump merger deadline after investors reportedly voted no.

Axios

Trump's Truth Social faces new challenge

The nascent social network may need a new source of capital.

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