Trump Media to merge with nuclear fusion firm in $6bn deal https://t.co/MztLCZwESO ...

Group 1 - Trump Media and Technology Group (TMTG) stock increased by over 35% following the announcement of a merger with TAE Technologies, highlighting a strategic investment in fusion energy to meet the growing energy demands of AI and data centers [1][6] - The merger is valued at more than $6 billion and represents a significant investment in fusion technology, which is carbon-free and generates less radioactive waste compared to traditional nuclear power [2] - The deal includes an immediate cash infusion of $200 million to kickstart the construction of TAE's first utility-scale fusion power plant, expected to be operational by 2026 [3] Group 2 - Upon completion of the merger, TMTG will act as the holding company for various entities, including Truth Social and TAE Technologies, with shareholders from both companies owning approximately 50% of the new entity [3][4] - The focus on energy independence and dominance has been a key aspect of the current administration's policies, with the Department of Energy prioritizing investments in fusion energy as part of its modernization roadmap [5] - Wall Street strategists have identified energy supply as a critical challenge for AI and data center operations, leading major tech companies to secure direct agreements with power providers to address their energy needs [6]

Group 1 - Lincoln Financial has entered into a first-of-its-kind agreement with FOX Sports, becoming the inaugural Game Break sponsor for the Women's Sports Desk in live women's college basketball coverage [1] - The multi-year sponsorship demonstrates Lincoln's commitment to enhancing visibility for women's athletics and promoting financial confidence and empowerment [1] - The sponsorship strategy of Lincoln is focused on creating broader audience connections [1]

Group 1 - Trump's media company is merging with a fusion venture, indicating a strategic move to enhance its market position and expand its operational capabilities [1] - Ford has unveiled significant challenges in the electric vehicle (EV) sector, specifically highlighting Detroit's largest EV failure, which may impact its competitive stance in the rapidly evolving automotive market [1] Group 2 - The merger of Trump's media company with a fusion venture could lead to new opportunities for content creation and distribution, potentially reshaping the media landscape [1] - The announcement regarding Ford's EV struggles underscores the difficulties traditional automakers face in transitioning to electric vehicles, raising questions about future investments and market strategies [1]

Core Viewpoint - Warner Bros. is advocating for shareholders to reject a hostile takeover bid from Paramount Skydance in favor of a $72 billion buyout offer from Netflix, which it considers superior [1][5]. Group 1: Offers and Valuations - Paramount's offer is $30 per share, valuing Warner Bros. at approximately $77.9 billion, while Netflix's offer is $27.75 per share, valuing Warner at $72 billion [1][5][6]. - Paramount's bid includes a cash component and aims to acquire Warner's cable assets, which Netflix's offer does not include [5][6]. - Paramount claims its offer is about $18 billion more in cash than Netflix's bid [5]. Group 2: Regulatory Scrutiny - Both offers are expected to face intense scrutiny from U.S. regulators due to their potential impact on the entertainment landscape, including movie production and consumer streaming platforms [2][3][13]. - Concerns regarding the Netflix offer center around the size of the combined subscription service, as Netflix is already the largest streaming service globally [13][14]. - The Paramount deal may raise regulatory concerns regarding the consolidation of film and television studios, given the limited number of such entities remaining in the market [14]. Group 3: Market Dynamics - The competition between Netflix and Paramount for Warner Bros. highlights the ongoing consolidation trend in the media industry, as companies seek growth through acquisitions [15][16]. - The involvement of high-profile investors, including Jared Kushner and funds from Saudi Arabia and Qatar, adds complexity to the Paramount bid [6][12]. - Analysts suggest that the presence of competing offers increases the likelihood of Warner Bros. being acquired, as it shifts the decision-making landscape [9].

Trump Media & Technology will merge with a fusion power company in an all-stock deal that the companies said Thursday is valued at more than $6 billion. Devin Nunes, the Republican congressman who resigned in 2021 to become the CEO of Trump Media, will be co-CEO of the new company with TAE Technologies CEO Michl Binderbauer. Shares of Trump Media & Technology, the parent company of President Donald Trump's Truth Social media platform, have tumbled 70% this year but jumped 20% before the opening bell Thu ...

Group 1 - Trump Media & Technology Group Corp. and TAE Technologies, Inc. have agreed to merge in an all-stock transaction valued at over $6 billion, with Trump Media shares surging more than 20% in pre-market trading following the announcement [1] - The merger aims to create one of the first publicly traded fusion energy companies, combining Trump Media's capital resources with TAE's fusion technology, and plans to construct a utility-scale fusion power plant with a capacity of about 50 megawatts by 2026 [2] - Trump Media will provide up to $200 million in cash to TAE at signing, with an additional $100 million available upon the initial filing of a Form S-4 registration statement [3] Group 2 - TAE Technologies, founded in 1998, focuses on developing commercial-scale fusion energy and has raised over $1.3 billion in private capital from notable investors including Google and Goldman Sachs [4] - Following the merger, Trump Media will act as the holding company for its existing businesses, including Truth Social and TAE's subsidiaries [4] - Devin Nunes and Michl Binderbauer will serve as co-CEOs of the combined company, with Michael B. Schwab expected to be appointed chairman of a planned nine-member board [5]

Alex, stay with us for just a moment because we've got some news about a new media merger and it's pretty unusual one. Uh, the Trump Media and Technology Group is announcing plans to merge with TAE Technologies. That is a fusion power company.This is an all stock merger of equals that's valued at more than $6 billion. And upon closing, Trump Media will be a holding company for its current portfolio of media brands including Truth Social. also the power brands that are owned by TAE.If you read this release, ...

Core Viewpoint - Trump Media and Technology Group is set to merge with TAE Technologies, a fusion power company, in an all-stock merger valued at over $6 billion, creating a unique combination of media and energy sectors [1][2]. Group 1: Merger Details - The merger is described as an "all stock merger of equals" valued at more than $6 billion [1]. - Upon completion, Trump Media will serve as a holding company for its media brands, including Truth Social, as well as the power brands owned by TAE [1]. Group 2: Strategic Intent - The transaction aims to establish one of the world's first publicly traded fusion companies, highlighting a significant step towards innovative energy solutions [2]. - The merger is positioned as a move to secure free expression online for Americans, emphasizing the infrastructure built by Trump Media [2]. Group 3: Industry Impact - This unusual merger between a media company and a fusion power company is expected to contribute to America's global energy dominance for future generations [3].

jetcityimage/iStock Editorial via Getty Images Listen below or on the go via Apple Podcasts and Spotify Activist investor Elliott takes over $1 billion stake in lululemon (LULU) - report. (00:26) Micron (MU) forecasts $100B HBM market by 2028 as supply tightness persists through 2026. (01:28) Hedge fund in talks to potentially buy Warner Bros. (WBD) TV assets, including CNN - report. (02:16) This is an abridged transcript. Elliott Investment Management has taken a stake in lululemon Athletica (LULU). ...