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.
November 2, 2026 - 00:52
What Cognizant Technology Solutions AI Push Means For ShareholdersCognizant Technology Solutions reported third quarter 2026 sales of US$5,664 million and net income of US$627 million, with an adjusted operating margin reaching a four year high. The company also...
November 1, 2026 - 03:46
DEWA Signs Three Technology Agreements with Huawei, Nozomi Networks and Syskey Softlabs at WETEXThe Dubai Electricity and Water Authority has signed three separate technology agreements at the Water, Energy, Technology and Environment Exhibition, known as WETEX. The deals were arranged...
October 31, 2026 - 10:36
West Kentucky Tech Center Launches Aviation Maintenance ProgramWest Kentucky Community and Technical College has introduced a new Aviation Maintenance Technology program aimed at preparing students for careers in aircraft upkeep and repair. The initiative...
October 30, 2026 - 22:27
Early Field Set for World Wide Technology Championship in MexicoThe PGA Tour has released the initial field for the World Wide Technology Championship, set to be played at El Cardonal at Diamante in Los Cabos, Mexico. The event, part of the FedExCup Fall...