That's what's so weird about the stock market. Of course analysts are trying to come up with advice like buy, hold or sell ratings based on future revenue, profit, cashflow and stuff like that. But at the end of the day it all comes down to demand and supply of stocks. So greed, fear, hype and popularity play a big role and stocks can easily be manipulated by the big players. It's crazy to think that stocks of major corporations like Ford and Cisco Systems barely move, while crap like Reddit, GameStop and Trump Media can easily climb a few dollars per day, based on nothing.
TMTG, Trump’s Social Media Company Posts Q1 Revenue of $770,500 and Net Loss of $327.6 Million https://variety.com/2024/digital/news/trump-truth-social-media-q1-2024-revenue-net-loss-1236010937/
Signal’s Meredith Whittaker - AI, Tech-bros & Social Media https://techcrunch.com/2024/05/24/s...-security-clash-and-the-edge-lords-at-openai/
Holy crap, is this some joke? How can such a company even be listed on the stock exchange? I'm guessing the $300 million loss is because Trump needed to cash out, or what? Let's hope this won't result in yet another court case LOL.
TikTok offered an extraordinary deal. The U.S. government took a pass. https://www.washingtonpost.com/tech...9.DgdWa2wf7yaiVFuybiYvMOw8ajrXfWXkSg-vejF8S8Y Paywall lifted - hope it holds. The deal TikTok has with the Chinese government is an unknown. It may be very much like the one offered to the US!
Elon Musk's X ... officially allows x-rated content https://mashable.com/article/x-twitter-adult-content-policy
I suppose it won't allow explicit content. I noticed that in the last 6 months or so, Instagram and YouTube also allow nude content, I won't lie, I follow many of these women, I mean why not.
