Trump Media and Technology Group is going nuclear. DJT shares are jumping here after the company behind social media platform True Social announced a major pivot, agreeing to merge with TAE Technologies in an all stock deal vetted $6 billion. The company looking to capitalize on AI's growing demand for power.And joining us with more, we got Yahoo Finances, Jake Connley. Jake, break down this deal for us. >> Yeah, good to be here.Gosh, you know, on on first glance, this is a tough pivot. >> Yeah. >> For bein ...

Trump Media and Technology Group is going nuclear. DJT shares are jumping here after the company behind social media platform True Social announced a major pivot, agreeing to merge with TAE Technologies in an all stock deal vetted $6 billion. The company looking to capitalize on AI's growing demand for power.And joining us with more, we got Yahoo Finances, Jake Connley. Jake, break down this deal for us. >> Yeah, good to be here.Gosh, you know, on on first glance, this is a tough pivot. >> Yeah. >> For bein ...

Shares of Trump Media soaring 37% after announcing plans, and follow me on this one, to merge with a fusion company, a private one called TAE Technologies. That's right, a nuclear fusion company. It's going to make that company go public.Aean Jabers is in Washington with more. Aean, uh, please explain this deal to us. Hey there, Kelly.Yeah, the announcement this morning was surprising to say the least. Trump Media and Technology Group said it will merge with an experimental fusion energy corporation called ...

Trump Media and Technology Group breaking news this morning announcing a merger with TAE Technologies, a $6 billion deal that the company says will blaze the path toward US dominance in AI. It is seeking out a location to bring construction on the world's first utility scale fusion power plant subject to required approvals. The move creates one of the first publicly traded fusion companies.Trump Media and Technology Group rising this morning. Take a look at the stock. It is up 24% right now.Had been up bett ...

Today, Trump Media acquires billions of dollars in assets for its crypto treasury, and the CEO of the Blockchain Association breaks down what the Genius Act becoming law means for the industry. Welcome to CNBC's Crypto World. I'm Mackenzie Seagalos.Crypto prices are mixed to kick off the week after President Trump signed a bill regulating stable coins in the US into law late Friday afternoon. As of noon Eastern, Bitcoin dropped slightly, but still traded above $118,000. Ether climbed more than half a percen ...