May 3, 2026 - 23:39

Social media lit up this week after Trump Media & Technology Group announced plans to spin off Truth Social and its streaming service Truth+ into a separate public company. The move aims to isolate the platforms from the parent firm's other operations, but financial details raised eyebrows. The units generated just $1.01 million in fourth-quarter revenue, a figure roughly equal to what a single McDonald's franchise brings in during the same period.
Investors are now split on whether this restructuring can reverse the stock's prolonged slump. Some see it as a desperate shuffle of assets, while others argue it could unlock hidden value. Meanwhile, bullish predictions are flooding online forums, with proponents forecasting massive gains from what they claim is an impending naked short squeeze. These theories suggest that short sellers could be forced to cover positions, potentially minting quick fortunes for retail traders.
Skeptics warn that the revenue numbers do not support such hype, and the spin-off plan may face regulatory hurdles. For now, the chatter keeps DJT in the spotlight, but the gap between speculation and actual business performance remains wide.
September 18, 2026 - 12:04
Using Martian Resources to Power the Trip HomeMIT PhD candidate Lanie McKinney is working on technologies that could allow humans to explore Mars and make it back safely. Her research centers on using materials already present on the planet to...
September 17, 2026 - 19:47
Pennsylvania Adds Chip Technology to EBT Cards to Curb SNAP TheftMore than 1.7 million Pennsylvanians who receive Supplemental Nutrition Assistance Program benefits will soon receive EBT cards equipped with chip technology. The change is part of a broader effort...
September 17, 2026 - 04:44
Carbondale Area Science and Technology Club hosts STEM Night for elementary studentsMembers of the Carbondale Area High School Science and Technology Club hosted a `Blast Off to Summer` STEM Night for Carbondale Area Elementary students toward the end of the 2025-26 school year....
September 16, 2026 - 22:14
Microserve Ranks No. 4 Among B.C.'s Top Grossing Science and Technology CompaniesMicroserve has earned a significant recognition in the provincial technology sector. The company was ranked No. 4 among British Columbia`s highest revenue generating science and technology...