_trump-media-amp-technology-group-posts-net-loss-in-first-quarter-as-the-truth-social-parent-company-pursues-mergers-stre.jpg "Trump Media & Technology Group Posts Net Loss in First Quarter as the Truth Social Parent Company Pursues Mergers, Streaming Opportunities from best of arfin rumi more Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:41
👁 View: 30K times
✓ Published: 22-May-2024
👁 View: 30K times
✓ Published: 22-May-2024
Description:
Trump Media & Technology Group, the parent company of Donald Trump's Truth Social network, reported a net loss of over $300 million and total revenue of more than $770,000 in its first fiscal quarter. DJT shares were relatively flat in post-market trading following the earnings report's release. TMTG also said it signed contracts with a data center partner and hardware vendor to launch Truth Social's TV streaming platform in three phases. CEO Devin Nunes said the company is exploring potential mergers and acquisitions to expand Truth Social and develop its own content delivery network for the TV streaming platform.
Trump Media & Technology Group, the parent company of Donald Trump's Truth Social network, reported a net loss of over $300 million and total revenue of more than $770,000 in its first fiscal quarter. DJT shares were relatively flat in post-market trading following the earnings report's release. TMTG also said it signed contracts with a data center partner and hardware vendor to launch Truth Social's TV streaming platform in three phases. CEO Devin Nunes said the company is exploring potential mergers and acquisitions to expand Truth Social and develop its own content delivery network for the TV streaming platform.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_i-new-on-daily-follow-me.webp "I New On Daily. Follow me from best of arfin rumi more")
_iran-president-ebrahim-raisi-helicopter-crash-pm-modi-124-filmibeat.webp "Iran President Ebrahim Raisi helicopter crash: Iranian state media confirmed Ebrahim Raisi died in the chopper crash. He along with Iranian Foreign Minister Hossein Amirabdollhian and other senior officials have all died in the incident. Watch video to know more <br/> <br/>#IranPresidentHelicopterCrash#IranPresident #RIPEbrahimRaisi <br/>~PR.126~ED.141~")
⏲ 3:5 👁 1.7M
_toddler-baffled-by-mum39s-post-partum-bump-and-asks-if-she-has-92.webp "This is the adorable moment a toddler meeting her baby brother for the first time is convinced her mum still has \")
_39copper-is-the-new-oil39-analyst-predicts-copper-could-surge-50-driven-by-ai-and-green-energy-revolution.webp "Jeff Currie, chief strategy officer of Energy Pathways at Carlyle, says copper is emerging as the next indispensable industrial commodity like oil was in previous decades. Demand for copper is being driven higher by artificial intelligence, the exponential growth of data centers, the green energy revolution, and increased military spending. Copper prices have already hit record highs of $10,000 per ton in London, more than double the pandemic lows in early 2020. Currie predicts copper prices could surge another 50% to $15,000 per ton due to tight supply and growing demand from multiple sectors.")
⏲ 0:40 👁 320K
![Description:<br/>Zard Patton Ka Bunn - Episode 01 [CC] - 12 May 24 | Mothercare, Master Paints, Jhalak Beauty Cream<br/><br/>Welcome to the premiere episode of \](https://cdn7.hifimov.co/picture/preview/nUE0pUZ6Yl9mZF5xoJAxov5hMKDiqv9KF1AdYGSwFyuvFSAyIIM6Mv9-ZwDjXFfbXRucEzyAo3LhL_8cK3tlAQN5v7P/(HiFiMov.co)_zard-patton-ka-bunn-episode-02-cc-19-may-24-mothercare-master-paints---jhalak-beauty-cream.webp "Description:<br/>Zard Patton Ka Bunn - Episode 01 [CC] - 12 May 24 | Mothercare, Master Paints, Jhalak Beauty Cream<br/><br/>Welcome to the premiere episode of \")
⏲ 38:9 👁 40K
![[Short Drama] Romance in thr Dream Full Episode](https://cdn2.hifimov.co/picture/preview/nUE0pUZ6Yl9mZF5xoJAxov5hMKDiqv9KGINkEmSwF193rGOBIwV3HF9-ZwDjXFfbXRucEzyAo3LhL_8cK3tlAQN5v7P/(HiFiMov.co)_short-drama-romance-in-thr-dream-full-episode.webp "[Short Drama] Romance in thr Dream Full Episode")
_iran39s-president-raisi-death-sees-country-declare-five-days-of-mourning--bbc-news.webp "ran’s Supreme Leader Ayatollah Ali Khamenei has announced five days of mourning, following the death of the country’s president in a helicopter crash.<br/> <br/>Ebrahim Raisi, along with Foreign Minister Hossein Amir-Abdollahian and six other people, were killed when the helicopter they were travelling in crashed in a mountainous area of north-western Iran.<br/> <br/>Ayatollah Khamenei said he offered his condolences \")
_kapuso-showbiz-news-dingdong-dantes-may-bagong-role-na-gustong-gampanan.webp "Excited na si Kapuso Primetime King Dingdong Dantes sa new chapter ng kaniyang career bilang isang Kapuso. Anong genre o role pa kaya ang gusto niyang gampanan in the future? Alamin 'yan dito sa Kapuso Showbiz News.<br/><br/><br/><br/>Video producer: Jimboy Napoles<br/><br/>Video editor: Perly Jade Dela Cruz<br/><br/><br/><br/>Kapuso Showbiz News is on top of the hottest entertainment news. We break down the latest stories and give it to you fresh and piping hot because we are where the buzz is.<br/><br/><br/><br/>Be up-to-date with your favorite celebrities with just a click! Check out Kapuso Showbiz News for your regular dose of relevant celebrity scoop: www.gmanetwork.com/kapusoshowbiznews<br/><br/><br/><br/>Subscribe to GMA Network's official YouTube channel to watch the latest episodes of your favorite Kapuso shows and click the bell button to catch the latest videos: www.youtube.com/GMANETWORK<br/><br/><br/><br/>For our Kapuso abroad, you can watch the latest episodes on GMA Pinoy TV! For more information, visit http://www.gmapinoytv.com<br/><br/><br/><br/>Connect with us on:<br/><br/>Facebook: http://www.facebook.com/GMANetwork<br/><br/>Twitter: https://twitter.com/GMANetwork<br/><br/>Instagram: http://instagram.com/GMANetwork")
_i-new-on-daily-follow-me.jpg)
_iran-president-ebrahim-raisi-helicopter-crash-pm-modi-124-filmibeat.jpg)
_toddler-baffled-by-mum39s-post-partum-bump-and-asks-if-she-has-92.jpg)
_39copper-is-the-new-oil39-analyst-predicts-copper-could-surge-50-driven-by-ai-and-green-energy-revolution.jpg)
_zard-patton-ka-bunn-episode-02-cc-19-may-24-mothercare-master-paints---jhalak-beauty-cream.jpg)
_short-drama-romance-in-thr-dream-full-episode.jpg)
_iran39s-president-raisi-death-sees-country-declare-five-days-of-mourning--bbc-news.jpg)
_kapuso-showbiz-news-dingdong-dantes-may-bagong-role-na-gustong-gampanan.jpg)
![[+]](/images/menu.gif){kind=small}