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Shares of Trump Media dropped over 11% in early Monday trading following the company's filing to issue millions of additional shares of stock. The plunge came after the company filed plans to issue millions of additional shares of stock, which can dilute the value of existing shares. The stock drop came as Donald Trump, the majority stakeholder, headed to court for his criminal trial in New York. Shares had already fallen nearly 20% over the previous week.
⏲ 0:30 👁 240K
Trump Media & Technology Group shares have fallen since their public debut in late March 2024.<br/><br/>Several legal challenges by the co-founders of the company could move forward and impact the timeline of insider shares being sold.
⏲ 1:14 👁 1.1M
Chevron CEO 2023 pay jumps over 12%. The median annual pay for Chevron employees rose 8.7%.
⏲ 1:6 👁 1.4M
Many small individual investors who bought shares in Trump Media & Technology Group, the company behind Truth Social, have seen significant losses as the stock price has dropped sharply in recent weeks. Trump Media has seen a surge in interest from retail investors following its merger with Digital World Acquisition, with nearly 400,000 initially purchasing shares and an additional 200,000 joining in recent weeks. Many investors remain committed to holding their shares and supporting Trump, believing in his leadership and plans for the company.
⏲ 0:40 👁 175K
15 Ancient Creatures That Are Still Alive from juergen stock
⏲ 25:22 👁 160K
As China’s stock market goes, so goes its billionaire population. And last year was not a good year for many Chinese stocks. As a result, the number of mainland Chinese billionaires on Forbes’ World’s Billionaires list fell for the third consecutive year. A total of 406 Chinese billionaires made the ranking, down from 495 a year ago and a record 626 in 2021. Continued fallout from the pandemic and geopolitical tension drove down stock prices and hurt economic growth in the world’s second largest economy. A deepening slump in the country’s property market also diminished fortunes.<br/><br/>Still, mainland China has the second largest number of billionaires globally, behind only the U.S., which has 813 billionaires this year.<br/><br/>Mainland China doesn’t include passport holders from Hong Kong or Macau, whom Forbes lists separately. Counting those billionaires, greater China has 473 members, down from 562 in 2023, 607 in 2022 and 698 in 2021.<br/><br/>The Forbes World’s Billionaires list is a snapshot of wealth using stock prices and exchange rates from March 8, 2024. Some people become richer or poorer within days of publication. We list individuals rather than multigenerational families who share fortunes, though we include wealth belonging to a billionaire’s spouse and children in certain cases, namely if that person is the founder of the fortune. For Russian billionaires, fortunes were calculated using ownership structures from February 2022, prior to Russia’s invasion of Ukraine and before many made transfers of assets to managers, friends and others in an effort to protect their holdings from sanctions. We value a variety of assets, including private companies, real estate, art and more. We don’t pretend to know each billionaire’s private balance sheet (though some provide it). When documentation isn’t supplied or available, we discount fortunes. For daily updates of net worths, go to forbes.com/real-time-billionaires.<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/russellflannery/2024/04/02/the-10-richest-chinese-billionaires-2024/?sh=7eb8b36d6b40<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneu
⏲ 3:36 👁 10.9M
10 SWEET Animals You Should NEVER Touch from juergen stock
⏲ 9:40 👁 155K
Warren Buffett, the chairman of Berkshire Hathaway (BRK.A), is the most successful investor of our time. His daughter, Susan, worked as my assistant when I was the publisher of a magazine 40 years ago. Just before she got married, Susie told me she worried that her fiancé’s parents had bought a couple of shares of Berkshire stock — and what if it tanked? At the time, the price was about $1,000 a share. Today, it’s $507,000 a share. I hope the in-laws hung on.
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TheStreet’s Caroline Woods brings you the biggest business news of the day, including what investors are watching and the FCC’s new “nutrition label” requirement for ISPs.
⏲ 1:45 👁 1.8M
Jim Cramer, CNBC’s market commentator, recently shared his insights on Tuesday’s market activity. He believes that stocks like NVIDIA and Eli Lilly, which experienced a dip, still hold growth potential.
⏲ 1:7 👁 880K
Investors have adjusted their expectations for Federal Reserve interest rate cuts to only two in 2024, down from the previously anticipated seven cuts. However, Wall Street strategists maintain that the resilience of the stock market suggests that these revised expectations for Fed policy will not hinder the ongoing rally in stocks. Strategists say the most important part of the Fed discussion remains that easing is still in the pipeline. Limited signs of high interest rates slowing corporate earnings or US economic growth have encouraged bulls. Consensus estimates are for earnings growth to pick up throughout 2024.
⏲ 0:39 👁 550K
AI stocks are taking off. Here's everything you need to know before investing in this emerging technology sector.
⏲ 5:31 👁 3.5M
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