Trump Media & Technology Group Corp.(DJT)
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The Trump Market: A Rollercoaster of Deals, Threats, and Gold Crowns
Stock Market News· 2025-10-29 18:00
Group 1: Trade Agreements and Market Reactions - President Trump announced a "pretty much finalized" trade deal with South Korea, involving $350 billion in investments to the U.S., with tariffs on South Korean imports decreasing from 25% to 15% [2] - The market reacted positively to the South Korea deal, although specific immediate percentage gains on Asian indices were not available [2] - The U.S.-China trade relationship remains volatile, with Trump expressing optimism about a potential deal with China, suggesting a reduction in tariffs in exchange for cooperation on fentanyl precursor chemicals [8] Group 2: Market Volatility and Stock Performance - Following Trump's announcement of a 100% tariff on Chinese exports, the Dow Jones Industrial Average fell by 878.82 points (1.90%), and the S&P 500 dropped by 2.71%, resulting in a loss of $1.5 trillion in market value [3] - The market rebounded shortly after, with the S&P 500 rising by 1.6% and the Dow Jones climbing by 1.3% due to Trump's softened tone on China [4] - Trump Media & Technology Group (DJT), the parent company of Truth Social, saw its stock rise over 6% after announcing plans to enter the prediction markets business [5] Group 3: Stock Predictions and Analyst Sentiment - DJT's stock has experienced significant volatility, with a beta coefficient of 1.67 and a 52-week low of $15.40, with some analysts predicting a further drop to $9.15 per share by late November 2025 [6] - Analysts have coined the term "TACO" (Trump Always Chickens Out) to describe Trump's tendency to retract tariff threats, reflecting the market's sensitivity to his statements [4][10] - The market's reaction to Trump's statements indicates a reliance on his confidence, as seen with Nvidia shares rising following positive comments from its CEO regarding Trump's trade negotiation abilities [10]
Prediction Markets Are Where the Action Is. And Trump Media Is Getting In On the Game
Investopedia· 2025-10-28 19:35
Core Insights - Digital prediction markets are experiencing a surge in user engagement and investment interest, with significant capital inflows reported [1][2] - Weekly trading volume in prediction markets reached a record high of over $2.3 billion, indicating robust activity across platforms like Polymarket and Kalshi [3][6] - Major players in the industry, including Intercontinental Exchange and DraftKings, are making substantial investments and acquisitions to capitalize on this trend [1][4][5] Investment Activity - Intercontinental Exchange announced a $2 billion investment in Polymarket, which is reportedly seeking a valuation of up to $15 billion [1] - Kalshi is receiving funding offers that value it at over $10 billion, a significant increase from its previous valuation during a $300 million funding round [1] - DraftKings acquired predictions platform Railbird, further expanding its footprint in the prediction market space [1] Market Dynamics - The rise of prediction markets coincides with increased speculation in stock markets and sports betting, positioning these markets as new avenues for retail investors [2] - Polymarket and Kalshi, launched in 2020 and 2021 respectively, are facing growing competition, including from Robinhood, which introduced its prediction markets hub this year [5] - Trump Media & Technology Group is entering the prediction market arena with its new platform, Truth Predict, in partnership with Crypto.com [4]
Trump Media to enter prediction markets business
Reuters· 2025-10-28 18:22
Core Insights - Trump Media and Technology Group is set to launch prediction markets on its social media platform Truth Social through a partnership with Crypto.com, indicating a strategic move into event-driven markets [1] Company Developments - The introduction of prediction markets on Truth Social represents an expansion of the platform's offerings, potentially attracting a new user base interested in market predictions [1] Industry Trends - The partnership with Crypto.com highlights the growing trend of integrating cryptocurrency and blockchain technology into social media platforms, reflecting a broader industry shift towards decentralized finance and user engagement through innovative financial products [1]
Donald Trump’s company to launch Polymarket rival
Yahoo Finance· 2025-10-28 16:16
Core Insights - Trump Media & Technology Group is launching a new prediction market platform called Truth Predict, which will be integrated with Truth Social [1][2] - The platform will allow users to wager on various real-world events using blockchain technology, with initial testing set to begin soon [2] - The partnership with Crypto.com Derivatives North America will facilitate the processing of wagers, enhancing the relationship between Trump Media and the crypto exchange [3] Company Developments - CEO Devin Nunes stated the aim is to "democratize information" and enable "everyday Americans" to leverage collective insights [4] - Following the announcement, Trump Media's stock experienced a rise of up to 3%, reaching an intraday high of $16.63 [4] Industry Context - The prediction market sector is gaining traction, with platforms like Polymarket and Kalshi experiencing record volumes and attracting interest from major players such as CME Group and Intercontinental Exchange [5] - Donald Trump Jr. has joined Kalshi as a strategic advisor and has connections to both Polymarket and Kalshi through his venture capital fund [6] - Recent funding rounds in the prediction market space include Polymarket securing up to $2 billion at a valuation of $9 billion and Kalshi raising $300 million at a valuation of $5 billion [7]
Trump Media to launch “Truth Predict” prediction markets using Crypto.com
Invezz· 2025-10-28 14:47
Core Insights - Trump Media & Technology Group is integrating prediction-market trading into its Truth Social platform through a partnership with Crypto.com's Derivatives North America (CDNA) [1] Company Developments - The collaboration aims to enhance user engagement on the Truth Social platform by offering prediction-market trading features [1] - This move signifies a strategic expansion for Trump Media & Technology Group into the cryptocurrency and trading sectors [1] Industry Trends - The partnership reflects a growing trend of social media platforms incorporating financial trading features to attract users and increase platform utility [1] - The integration of prediction markets may position Truth Social competitively within the evolving landscape of social media and financial technology [1]
Truth Social to Blend Politics, Prediction Trading, and Crypto
Yahoo Finance· 2025-10-28 13:27
Core Insights - Trump Media & Technology Group is expanding into the prediction market, a $20+ billion industry, through a partnership with Crypto.com Derivatives North America [1][2] - The new feature "Truth Predict" will allow users to trade contracts on real-world events, making Truth Social the first social media platform to offer federally regulated event contracts [2][4] Group 1: Business Expansion - The integration of prediction markets into Truth Social aims to transform social conversations into tradeable foresight [2][3] - Truth Predict will begin beta testing in the US before a global rollout, leveraging regulatory compliance and Crypto.com's infrastructure [4] Group 2: User Engagement and Economy - Users can earn "Truth gems" through engagement on Truth Social and convert them into Crypto.com's Cronos (CRO) token to purchase prediction contracts, creating an on-platform play-to-trade economy [5] - The integration is seen as a significant step towards mainstream adoption of event-based markets, combining regulated trading with social engagement [5][6] Group 3: Financial Position - Trump Media claims over $3 billion in financial assets and recently reported its first quarter of positive cash flow since going public [7]
Trump Media Taps Crypto.com to Launch Prediction Markets on Truth Social
Yahoo Finance· 2025-10-28 13:13
Core Insights - Trump Media & Technology Group plans to launch prediction markets on its social platform Truth Social through a partnership with Crypto.com's U.S.-registered derivatives arm [1][2] - The new feature, Truth Predict, will allow users to bet on real-world events, marking a significant expansion into financial products for the company [2][3] - The company reported over $3 billion in financial assets and achieved its first quarter of positive cash flow since going public [4] Group 1 - Truth Predict will enable users to place bets on various outcomes, including U.S. elections and sports games, using a federally compliant exchange [2] - The integration of prediction markets positions Truth Social as the first social media platform to offer such features natively [3] - The beta test for Truth Predict is expected to launch soon, with in-app token rewards convertible to Crypto.com's Cronos (CRO) token [5] Group 2 - The product will initially launch in the U.S., with plans for international expansion pending regulatory approvals [6] - Trump Media is also exploring broader digital asset initiatives, including a treasury product linked to CRO through a pending SPAC merger [6] - The move places Trump Media in competition with established prediction market platforms like Polymarket and Kalshi, which have received significant financial backing [6]
美股异动丨特朗普媒体科技集团盘前涨超7%
Ge Long Hui A P P· 2025-10-28 12:40
Group 1 - The core viewpoint of the article is that Trump Media & Technology Group (DJT.US) has seen a pre-market increase of 7.6% as the company plans to enter the prediction market [1] Group 2 - The company's strategic move into the prediction market indicates a potential expansion of its business model [1]
Truth Social to Become World’s First Social Media Platform Offering Prediction Markets via Exclusive Partnership with Crypto.com
Globenewswire· 2025-10-28 12:30
Core Insights - Trump Media and Technology Group Corp. is expanding its offerings by integrating prediction markets into its social media platform, Truth Social, through a partnership with Crypto.com | Derivatives North America [1][4] - The new feature, "Truth Predict," will allow users to trade prediction contracts on various events, including political elections and commodity prices, with real-time price updates [2][3] Company Overview - Trump Media operates Truth Social, a platform aimed at providing a space for free expression, alongside Truth+, a streaming service, and Truth.Fi, a FinTech brand [16] - As of the end of Q2, Trump Media reported over $3 billion in financial assets and achieved its first quarter of positive operating cash flow since going public [3] Industry Context - Prediction markets are anticipated to become a multi-deca-billion dollar industry, with the integration of these markets into social media platforms seen as a significant innovation [4] - The collaboration between Trump Media and Crypto.com aims to democratize access to prediction markets, allowing users to engage in market sentiment discussions [4][6]
Trump Media stock: here's why DJT shares are falling
Invezz· 2025-10-21 15:03
Core Viewpoint - The stock price of Trump Media has remained stable, trading at $16 for an extended period [1] Company Summary - Trump Media's stock (DJT) has been trading within a tight range over the past few months, indicating a lack of significant volatility [1]