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Author: The Elite Times Team
[ad_1] The social media startup launched by former President Donald Trump soared on its first day of trading as a publicly traded company on Tuesday, making its stock market debut and helping provide the Republican presidential candidate with a multibillion-dollar paper fortune.Shares of Trump Media & Technology Group, which owns the social network Truth Social, rose 16% but were down 50% from a high in the early hours of its new ticker symbol, DJT, on the Nasdaq exchange. . Trump’s initials.Trump Media assumed the shares held by special purpose acquisition company Digital World Acquisition as part of a merger agreement…
[ad_1] ABERDEEN, N.J. (PIX11) – Gov. Phil Murphy signed an update to the Transportation Trust Fund (TTF), which funds infrastructure, and new legislation goes into effect. “It’s very important that New Jersey has the best infrastructure in the nation,” Murphy said. “We are the most densely populated state in America, we are on the Northeast Corridor, and 20% of the nation’s GDP is on the Northeast Corridor. It’s a goal I’m proud of.” At the Safety Training Center in Aberdeen, the North American Workers International Union supports the bill, and the governor’s office says it will create thousands of new…
[ad_1] As market volatility continues amid economic uncertainty, many investors are taking a long-term view and turning to exchange-traded funds (ETFs) to position their portfolios. CNBC Pro asked several financial experts for their top ETF stocks to buy and hold this year. Vanguard Total World Stock ETF Vahan Janjigian, chief investment officer at Greenwich Wealth Management, says the Vanguard Total World Stock ETF (VT) should be a core asset for long-term investors. . “This is basically a global index ETF that provides a lot of diversification at a very low cost,” he said. “If you’re a relatively new investor in…
[ad_1] former president donald trumpScott Olson/Getty ImagesTrump Media and Technology Group soared as much as 59% on Tuesday after going public through a SPAC merger.Truth Social’s parent company began trading on Tuesday under the ticker symbol “DJT.”Former President Donald Trump owns about 58% of the social media company, a stake that is currently worth billions of dollars. Trump Media and Technology Group soared as much as 59% on Tuesday after officially going public through a SPAC merger and adopting the ticker symbol “DJT.”The soaring stock price has benefited former President Donald Trump’s net worth, as he owns about 58% of…
[ad_1] breadcrumb trail linknewslocal newscrimeRCMP say these “long-term scams” involve grooming victims over weeks or months to foster relationships.Article author:Published March 26, 2024 • Last updated 1 hour ago • 2 minute read Register for free here to save this article. Or sign in if you have an account.Mounties in Richmond, British Columbia, are warning the public after a “significant increase” in romance scams and investment schemes in the city. Photo credit: Sarah Smelly /canadian newspaperArticle contentRichmond Mounties are warning the public after a “significant increase” in romance scams and investment schemes in the city, resulting in more than $16…
[ad_1] Exterior view of the New York Stock Exchange (NYSE) on Wall Street in New York on January 31, 2024.Angela Weiss, AFP via Getty ImagesTraders work on the floor of the New York Stock Exchange during afternoon trading on February 5, 2024 in New York City.Michael M. Santiago, Getty ImagesTraders work on the floor of the New York Stock Exchange during morning trading on February 29, 2024 in New York City.Michael M. Santiago, Getty ImagesA person walks past a charging bull on February 24, 2022 in New York City.Michael M. Santiago, Getty ImagesTraders work on the floor of the New…
[ad_1] 56 minutes agoPiper Sandler says stock prices are likely to continue rising as recession risks risePiper Sandler says rising recession risks are unlikely to put a damper on the current market rally.In fact, the opposite may be true.“Our belief that rising recession risks (i.e., weak macro data) will drive stock prices higher is certainly an unusual view!” the investment firm wrote. “We continue to take a constructive view that lower interest rates due to weaker macroeconomic indicators will lead to further stock price gains in the coming quarters.”Going forward, Piper Sandler sees rising interest rates as the biggest threat…
[ad_1] Marijuana companies have been struggling for years, but their struggles weren’t evident in the stock market on Tuesday. The prices of some products have increased significantly. tilray brand (NASDAQ:TLRY), an improvement of over 7%. A new survey provides another indication of widespread support for drug law reform in North America.Strong public support for the equivalent of legalizationA cannabis advocacy group called the Cannabis Policy, Education, and Regulation Alliance (CPEAR) released the results of a study it conducted regarding the right of states to create and enforce their own cannabis laws.The survey, conducted among residents of Missouri, Ohio, and Wyoming,…
[ad_1] Transaction Value GCT represents a pro forma enterprise value of approximately $461 million at closingGCT has a pro forma valuation of up to approximately $667 million, including up to 20.6 million performance-based earn-out sharesThe transaction provides GCT with approximately $50 million in gross proceeds to complete the development of its full-band 5G chipset portfolio and expansion into new markets.Approximately $49 million was raised through fully committed PIPE and convertible note financings from both existing and new GCT investors.All of GCT’s existing shareholders will maintain their equity interests throughout GCT’s transition to a publicly traded company, and substantially all of…
[ad_1] Marc Lore hopes the new cash injection will add some wow factor to his vision for food delivery.The longtime entrepreneur just raised $700 million to fund the growth strategy of his food delivery startup Wonder. Lore told Yahoo Finance Live on Tuesday that about $100 million is coming from him. The company has now raised $1.5 billion from investors ranging from Amex Ventures to Nestlé and Bain Capital Ventures.Wonder plans to use the cash to expand from 11 stores to 35 by the end of the year. Roa says he aims to earn 90 spots by the end of…