Truth Social Ambitions Sink Shares

You are receiving this email because you joined our mailing list. You may [unsubscribe]( at any time. [Stock Surge Secrets] Featured News Today [Stock Shock]( Shares of Trump Media (DJT) dropped over 14% after the company announced plans for its Truth Social platform to launch a live TV streaming service. This decline follows a previous drop of more than 18% on the Nasdaq. Trump Media's stock closed at $22.84 per share, down 14.17% from the opening price, marking a total decline of 67.7% since it began trading publicly on March 26, resulting in a loss of over $5 billion in market value. [Read More]( [Stock Shock ]( Must Read [Bumpy Start]( Bank of America’s (BAC) Q1 profits dropped by 18% due to higher expenses from rising interest rates, but still beat analysts' predictions. The bank earned $6.67 billion, or 76 cents per share, compared to $8.2 billion, or 94 cents per share, a year earlier. Despite challenges with loan and investment returns from higher rates, the bank's investment banking division performed well, with a 35% increase in global fees. [Read More]( [Bumpy Start]( [“Lack of Progress”]( At a recent policy forum, Federal Reserve Chair Jerome Powell pointed out a concerning trend despite a robust economy and a thriving job market, inflation hasn't quite hit the Fed's 2% target. Powell hinted that interest rate cuts aren't on the horizon anytime soon, suggesting that current policies will likely stick until inflation gets back on track. This news comes as inflation data for the first quarter of 2024 exceeded expectations. [Read More]( [“Lack of Progress”]( This email was brought to you by Clickbeat 1151 WALKER RD, STE 288, DOVER, DE 19904, USA. You are receiving this email because you joined our mailing list. You may [unsubscribe]( at any time.