🚨 TRUMP MEDIA JUST POSTED A $238 MILLION LOSS.
That’s roughly 10X its loss from the same quarter a year ago.
But the company is making a surprising pivot:
Truth Social is becoming the focus again.
Trump Media has reportedly signed 10+ customers mostly high-frequency trading firms for a real-time data feed giving faster access to President Trump’s Truth Social posts.
The price?
Up to roughly $1.2 MILLION per customer every year.
If that scales, Truth Social posts could become a surprisingly valuable source of real-time information for financial markets.
The bigger story:
Trump Media is trying to turn political information into a premium financial-data business.
A massive quarterly loss.
A controversial platform.
And now Wall Street-level customers paying for faster access to Trump’s posts.
This is one of the strangest business pivots in the market right now.
#TrumpMedia #TruthSocial #Stocks #Finance #Markets
That’s roughly 10X its loss from the same quarter a year ago.
But the company is making a surprising pivot:
Truth Social is becoming the focus again.
Trump Media has reportedly signed 10+ customers mostly high-frequency trading firms for a real-time data feed giving faster access to President Trump’s Truth Social posts.
The price?
Up to roughly $1.2 MILLION per customer every year.
If that scales, Truth Social posts could become a surprisingly valuable source of real-time information for financial markets.
The bigger story:
Trump Media is trying to turn political information into a premium financial-data business.
A massive quarterly loss.
A controversial platform.
And now Wall Street-level customers paying for faster access to Trump’s posts.
This is one of the strangest business pivots in the market right now.
#TrumpMedia #TruthSocial #Stocks #Finance #Markets