Daily Scoop🍨: Trump Media & Technology (DJT) Up, Up & Away
I already told everyone to buy at low of $11/$12 now it will go up to $23.89.
Trump Media & Technology (DJT) is benefiting from a resurgence of Trump supporters after he has won favor with a lot of partisans in the community.
The expansion upgrades the platform's content delivery network, which powers the Truth+ TV streaming service, into a more advanced distributed network with content streaming from multiple locations, utilizing a custom infrastructure with its servers, routers, and proprietary software, which will soon be accessible as standalone apps, the company said.
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Trump Media & Technology stock was in focus Friday after the company announced the departure of its chief operating officer.
Operating Chief Andrew Northwall resigned effective Sept. 28, a Securities and Exchange Commission filing published late Thursday showed. The company didn’t give a reason for his exit and said it plans to transition his duties internally
Key takeaways:
With less than five weeks until the November 5 polling date, the US presidential as well as Senate and House majority outcomes remain too close to call. A divided government in Washington, DC, with no single party controlling the White House, Senate and House of Representatives is likely.
The presidential election results will likely be extremely close in key swing states and quite possibly for the Senate and House majorities as well. A period of uncertainty, marked by re-counts and contested results in the courts is possible.
Investors should gird themselves for uncertainty and potential bouts of volatility preceding and following election day. It is quite possible that the outcome for the presidency will not be settled until the December 17 certification deadline.
We’ve seen this before
In the 2020 US elections, outcomes for the presidency as well as Senate and House majority control were decided by wafer-thin majorities. Although President Joe Biden was elected in 2020 with a comfortable majority in the electoral college (306-232) and in the popular vote (a four-percentage point gap), his margin across key battleground states was much, much tighter. Biden won Arizona by less than 10,500 votes, Georgia by less than 12,000 votes, and Wisconsin by just over 20,000 votes. Without those three states, the election would have ended in a dead heat, with each candidate at 269 electoral college votes, and the outcome would have been determined in the House of Representatives, with Trump increasingly seen as a favorite to win the majority seats to form an elected government.