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The Latest Breaking News from DWAC

Digital World Acquisition Stock Tumbles Amid Deal Delays With Trump Media, Truth Social

The merger between Donald Trump's media group and Digital World Acquisition could collapse this week without a shareholder-approved extension, Reuters reported Monday.

The Street

DWAC Stock Falls On Trump Company Merger Delay Disclosure

Digital World Acquisition Corp. (DWAC) shares dropped Tuesday after shedding 8% Monday as federal filings show more troubles for the special purpose acquisition company and its attempted merger with former President Donald Trump's tech and social-media platform. DWAC stock fell 3% to 24.60 Tuesday during market trading and is now…

Investors Business Daily

Truth Social's ugly truth

Former President Trump's alternative to Twitter is facing serious financial and legal stress.

Axios

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If You Invested $1,000 In Meta Platforms And Twitter When They Banned Donald Trump, Here's How Much You'd Have Now

Former President Donald Trump was banned from several social media platforms in the wake of the Jan. 6, 2021 attack on the U.S. Capitol. Here’s a look at what’s next for Trump in the social media world and how investors would have done investing in social media stocks that banned…

Benzinga

Affidavit For FBI Raid At Trump's Mar-A-Lago Estate Revealed: 25 Top Secret Documents, FBI Agents Threatened And More

An affidavit was unsealed Friday for the FBI’s raid of former President Donald Trump’s Mar-a-Lago residence.

Benzinga

Donald Trump Added The Patent Office To List Of Government Agencies He's Fighting: Not Just The FBI And White House

Former President Donald Trump is no stranger to legal troubles with past history of battles and current ones with the FBI and the White House.

Benzinga

Donald Trump's Mar-a-Lago Estate Searched by FBI — What Stocks May Be Affected

Former U.S. President Donald Trump released a statement last night that painted the present as “dark times for our nation” as he says his home was “under siege, raided and occupied by a large group of FBI agents.”

Benzinga

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White House Was Unaware Of Alleged FBI Raid On Trump's Florida Estate Until Media Reports Came Out

The West Wing was reportedly not aware of the Monday raid by the Federal Bureau Of Investigation on former President Donald Trump’s Mar-a-Lago estate in Florida.

Benzinga

Trump Endorses 'ERIC' For Missouri Senate Race, But Will The Real Candidate Please Stand Up?

Donald Trump has spurred confusion in his signature style with his endorsement for 'ERIC' in Missouri’s GOP Senate primary, with two rival candidates with the same first name laying claim to the former U.S. President's statement of support.

Benzinga

Wishing Him Well? Here's How Donald Trump Responded To Joe Biden's COVID-19 Diagnosis

President Joe Biden tested positive for COVID-19, news that was announced by the White House on Thursday. Here’s how former President Donald Trump reacted to the news.

Benzinga

Walking Away From Twitter Deal May Not Be An Option For Musk: Merger Expert On What's Next

Elon Musk disclosed last Friday after market close that he was terminating his agreement to acquire social media platform Twitter Inc (NYSE: TWTR).

Benzinga

Dow Jones Dips; Donald Trump SPAC Dives On This Move; Apple Stock Whipsaws Amid Wall Street Call

The Dow Jones fell. The Donald Trump SPAC took a dive amid legal woes. Apple stock treaded water after an analyst call.

Investors Business Daily

3 Things You Need To Know Today

Happy Monday Zingernation! All major indices are in the green, but barely, heading into the new trading week. Investors are hoping for a strong start to the week after markets rallied last week, with the S&P 500 finishing up more than 6% throughout the last five trading days.

Benzinga

Trump SPAC Dives As These Higher-Ups Get Grand Jury Subpoenas

Digital World Acquisition Corp. said a federal grand jury had subpoenaed the company's board members. DWAC stock fell hard.

Investors Business Daily

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The Independent UK

Company behind Trump’s Truth Social now under investigation by federal prosecutors

The so-called ‘blank check’ company is also the target of a separate Securities and Exchange Commission probe

The Street

Donald Trump Media SPAC Digital World Acquisition Gets Subpoenas Linked To Grand Jury Probe

"These subpoenas ... could materially delay, materially impede, or prevent" DWAC's planned merger with Trump Media & Technology Group.

Benzinga

Donald Trump-Linked Stock Digital World Is Falling Today: Here's Why

Digital World Acquisition Corp (NASDAQ: DWAC) shares are trading lower Monday after the company filed a Form 8-K with the U.S. Securities and Exchange Commission showing it received another subpoena.

Axios

Government expands investigation into Trump's social network deal

The SEC is asking for more information than previously disclosed.

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news in one place.

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The Street

Will Twitter Deal Kill Trump's Social Media Dreams?

A specially formed SPAC and sputtering Truth Social app may have their days numbered.

Benzinga

Trump SPAC Deal Will Never Get Approved By SEC, Short Seller Says: What Investors Should Know

A noted short seller has taken a short position in one of the most notable SPAC deals that involves a former U.S. president.

Benzinga

Did Donald Trump-Affiliated SPAC Stock Spike On Fox News Joining Truth Social?

Shares of a SPAC linked to taking former President Donald Trump’s media and social media company public jumped Tuesday. Here’s what could be causing the sudden spike.

Investors Business Daily

Dow Jones Futures Fall As 'Rapid' Fed Shift Hits Market Rally; Elon Musk Steals Trump's Thunder

Futures signaled further losses as a hawkish Fed sends Treasury yields soaring. Elon Musk's Twitter moves are weighing on Donald Trump's Truth Social.

Benzinga

Trump's Social Media Venture Abruptly Loses Key Officials; Sparks Concerns

Tech chief Josh Adams and product development chief Billy Boozer have resigned from former President Donald Trump's 'Truth Social' in less than a year, Reuters reports. Sources said, "If Josh has left… all bets are off," calling him the "brains" behind Truth Social's technology. Boozer also had a significant leadership role…

Benzinga

Why Digital World Acquisition Stock Is Trading Lower Today

Trump Media Merger Partner Digital World Acquisition Corp. (NASDAQ: DWAC) shares are trading lower amid Tesla, Inc. (NASDAQ: TSLA) CEO Elon Musk purchasing a 9.2% stake in competitor Twitter, Inc. (NYSE

Benzinga

Truth Social App Downloads Dropping: Will It Hurt The Trump SPAC Price?

A social media platform from former President Donald Trump was launched with a ton of hype and saw strong downloads initially. A new report shows interest could be waning, which could impact a SPAC.

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