Joe Biden's 'Broke Don' Nickname For Trump Looks Premature As Trump's Stake In DJT At $2.9 Billion, Barry Diller Calls DJT Buyers 'Dopes'

Benzinga04-12

During the 2020 election cycle, former President Donald Trump gave President Joe Biden the nickname "Sleepy Joe." Now, as one Democratic strategist described, Biden is trying to "out-Trump Trump" by ...

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Exclusive opportunity to invest in Epic Games $17 billion gaming empire.He can't access those funds right away. According to Europa Group analysts, \"Trump cannot sell his stock in the company for six months, making it difficult to translate Truth Social’s value into liquid cash ","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4534":"瑞士信贷持仓","LU0308772762.SGD":"Blackrock Global Allocation A2 SGD-H","BK4533":"AQR资本管理(全球第二大对冲基金)","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","BK4536":"外卖概念","LU2063271972.USD":"富兰克林创新领域基金","BK4577":"网络游戏","DJT":"特朗普媒体科技集团","UBER":"优步","BK4527":"明星科技股","QID":"纳指两倍做空ETF","BK4579":"人工智能","AAPL":"苹果","LU0056508442.USD":"贝莱德世界科技基金A2","BK4588":"碎股","IAC":"IAC Inc","SG9999015978.USD":"利安颠覆性创新基金A","TSLA":"特斯拉","BK4574":"无人驾驶","BK4076":"电脑与电子产品零售","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU0289961442.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (SGD) ACC","LU1861558580.USD":"日兴方舟颠覆性创新基金B","BK4573":"虚拟现实","GME":"游戏驿站","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","TQQQ":"纳指三倍做多ETF","BK4581":"高盛持仓","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","QQQ":"纳指100ETF","QLD":"纳指两倍做多ETF","LU0289739343.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (SGD) ACC","SG9999017495.SGD":"UGDP UNITED GLOBAL QUALITY GROWTH \"B\" (SGD) ACC","PSQ":"纳指反向ETF","LU1316542783.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD","BK4170":"电脑硬件、储存设备及电脑周边","SG9999014914.USD":"UNITED GLOBAL QUALITY GROWTH (USDHDG) INC","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU0238689110.USD":"贝莱德环球动力股票基金","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","EXPE":"Expedia","LU0642271901.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD-H","LU0072462426.USD":"贝莱德全球配置 A2",".IXIC":"NASDAQ Composite","SQQQ":"纳指三倍做空ETF","BK4592":"伊斯兰概念","BK4532":"文艺复兴科技持仓","LU0080751232.USD":"富达环球多元动力基金A"},"translate_title":"乔·拜登对特朗普的“破产唐”绰号看起来为时过早，因为特朗普在DJT的股份为29亿美元，巴里·迪勒称DJT买家为“笨蛋”","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AAPL":1,"TSLA":1,"IAC":1,"EXPE":1,"DJT":1,"UBER":0.9,"GME":0.9,".IXIC":0.65,"PSQ":0.6,"QID":0.6,"QLD":0.6,"QQQ":0.6,"SQQQ":0.6,"TQQQ":0.6,"MNQmain":0.6,"NQmain":0.6},"content_text":"During the 2020 election cycle, former President Donald Trump gave President Joe Biden the nickname \"Sleepy Joe.\" Now, as one Democratic strategist described, Biden is trying to \"out-Trump Trump\" by testing giving the former president a nickname of his own.\nBiden has called Trump \"Broke Don\" in an attempt to mock his mounting legal fees and relatively smaller campaign fundraising efforts to date.\nEven with the recent pullback in Trump Media & Technology Group Corp. (NASDAQ:DJT), which owns social media service Truth Social, Trump's stake in the company is at $2.9 billion.\nDon’t Miss:\n\nExecutives and founders of Uber, Facebook and Apple are bullish on this wellness app that you can co-invest in at $1.15 per share.\nInvest like a millionaire. Exclusive opportunity to invest in Epic Games $17 billion gaming empire.\n\nHe can't access those funds right away. According to Europa Group analysts, \"Trump cannot sell his stock in the company for six months, making it difficult to translate Truth Social’s value into liquid cash that can be spent on the campaign.\"\nBarry Diller, chairman of IAC Inc. (NASDAQ:IAC) and Expedia Group Inc. (NASDAQ:EXPE) had harsh words for Trump Media buyers, telling CNBC that the stock is a \"scam\" and being bought by \"dopes.\"\nAfter dismissing Trump Media's valuation, Diller compared the stock to GameStop Corp. (NYSE:GME) saying that people are \"buying it for other reasons, just like they bought theaters when there was no theater business or bought GameStop.\"\nTrending: Invest alongside exec’s from Uber, Facebook and Apple in this wellness app Transforming a $5.6 TRILLION dollar industry.\nGameStop stock soared from the mid-teens to an all-time high of $483 per share in a month, fueled by a retail investor-induced short squeeze. \nGiven the extreme short interest in Trump Media, there could be some parallels. According to data provider S3 Partners, new short sellers need to pay an annualized borrowing fee of 900%, requiring the stock to fall 2.5% every day just to break even.\nThe massive short interest comes alongside significant controversy in the stock. \nTwo early investors in Truth Social pled guilty to an insider trading scheme that netted them over $22 million in profits in advance of the special purpose acquisition company (SPAC) merger.\nTrump recently sued Truth Social's co-founders, alleging they made a \"series of reckless and wasteful decisions at a critical time\" in an attempt to take their stakes in the company, according to Bloomberg.\nIt's still not scaring off some believers. One supporter on a DJT group on Truth Social wrote, \"They don’t like President @realDonaldTrump and his policies, especially his creation, Truth Social, so they are trying to destroy his company, DJT.\"\nRead About Startup Investing:\n\nThis ‘Future of Gaming’ startup disrupting a $272 billion industry is now letting anyone invest for a limited time.\nThis Uber-for-moving startup is quietly taking the world by storm, here’s how anyone can invest for a limited time.\n\n\"ACTIVE INVESTORS' SECRET WEAPON\" Supercharge Your Stock Market Game with the #1 \"news & everything else\" trading tool: Benzinga Pro - Click here to start Your 14-Day Trial Now!\nGet the latest stock analysis from Benzinga?\n\nAPPLE (AAPL): Free Stock Analysis Report\nTESLA (TSLA): Free Stock Analysis Report\n\nThis article Joe Biden's 'Broke Don' Nickname For Trump Looks Premature As Trump's Stake In DJT At $2.9 Billion, Barry Diller Calls DJT Buyers 'Dopes' originally appeared on Benzinga.com\n© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2426293484"}