Trump Media & Technology Group (DJT) Stock

Artificial intelligence, harmful social media content, and data privacy issues are ongoing problems. However, the people in charge of addressing these matters are set to change.

Trump Media and Technology (NASDAQ: DJT) has experienced significant fluctuations in its stock price throughout 2024, reflecting the uncertain nature of the political environment.

Jennifer Grygiel, an Associate Professor of Communications at Syracuse University, talks with Bloomberg's Vonnie Quinn and Sonali Basak about what social media might look like with the new administration. They also discuss TikTok's situation as it waits for the Supreme Court's ruling on a possible ban in the US. This conversation takes place on "Bloomberg Markets."

Trump Media & Technology Group Corp, which owns Truth Social, has recently achieved an important technical milestone known as a Golden Cross.

This is unfortunate news. The Trump brand has reached its peak.

Market fluctuations have come back strongly in recent times. Prepare for more highs and lows during Donald Trump's second term.

Markets usually react quickly to clear news, but feelings and long-term factors such as product quality and competitive edge are important for how stocks perform. Stocks associated with Trump's supporters have risen a lot, but others like Roivant Sciences and Liberty Energy haven't done as well yet and might improve with less regulation. Tesla's 70% increase after the election seems excessive; it might be wise to take profits and search for better buying opportunities.

This decision follows Trump's statement in November, where he mentioned that he did not plan to sell his shares in the company that operates Truth Social.

The stock of Trump Media & Technology Group Corp. dropped around 6% in premarket trading on Friday after Donald J. Trump moved his $4 billion share in the company into a revocable trust, as stated in official documents.