Really insightful article. I a-To The Moon - Tiger Brokers Online Investing Community - To The Moon

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Really insightful article. I agree with this judgement will bet alongside the author for the stated outcome. I will even say the same for Tesla and its valuation...

Trump Media Is Making a Big Pivot. Kodak Tried That, Too

Sometimes something happens that causes academics, traders, and Wall Street veterans to question the market's ability to allocate capital and price assets efficiently.Yes, we are talking about the...

Trump Media Is Making a Big Pivot. Kodak Tried That, Too

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I agree with this judgement will bet alongside the author for the stated outcome. I will even say the same for Tesla and its valuation...</p></body></html>","htmlText":"<html><head></head><body><p>Really insightful article. I agree with this judgement will bet alongside the author for the stated outcome. I will even say the same for Tesla and its valuation...</p></body></html>","text":"Really insightful article. I agree with this judgement will bet alongside the author for the stated outcome. I will even say the same for Tesla and its valuation...","highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/512735803241248","repostId":2592219042,"repostType":2,"repost":{"id":"2592219042","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1766199906,"share":"https://ttm.financial/m/news/2592219042?lang=en_US&edition=fundamental","pubTime":"2025-12-20 11:05","market":"sh","language":"en","title":"Trump Media Is Making a Big Pivot. Kodak Tried That, Too","url":"https://stock-news.laohu8.com/highlight/detail?id=2592219042","media":"Dow Jones","summary":"Sometimes something happens that causes academics, traders, and Wall Street veterans to question the market's ability to allocate capital and price assets efficiently.Yes, we are talking about the...","content":"<html><head></head><body><p>Sometimes something happens that causes academics, traders, and Wall Street veterans to question the market&#39;s ability to allocate capital and price assets efficiently.</p><p>Yes, we are talking about the merger between social-media platform <a href=\"https://laohu8.com/S/DJT\">Trump Media</a> &amp; Technology and nuclear fusion start-up TAE Technologies.</p><p>The deal values TAE at some $3 billion, creating the world&#39;s first publicly traded nuclear fusion company, which produces energy the way a star does. (Exciting.) What Trump Media brings to the table is &#34;access to capital,&#34; according to a news release.</p><p>Trump Media stock rose 8.3% on Friday, after a 42% jump on Thursday, closing the week at $16.09, which left shares down 53% for the year. The Dow Jones Industrial Average and S&amp;P 500 added 0.9% and 0.4%, respectively.</p><p>&#34;Trump Media &amp; Technology Group built uncancelable infrastructure to secure free expression online for Americans, and now we&#39;re taking a big step forward toward a revolutionary technology that will cement America&#39;s global energy dominance for generations,&#34; said Trump Media CEO Devin Nunes.</p><p>It&#39;s going from social media and crypto into nuclear physics. It reminds Barron&#39;s of Kodak&#39;s pivot to generic drug manufacturing in 2020. The one-time leader in film technology decided to leverage its expertise in handling chemicals to become a healthcare provider.</p><p>It didn&#39;t work. Shares peaked at $60 in July 2020, after a flurry of excitement related to a government loan to kick-start drug production. Kodak shares closed at $8.06 on Thursday. Its largest business is commercial printing, but it is still pursuing pharmaceutical manufacturing.</p><p>DJT doesn&#39;t have to become Kodak. TAE might change the world with low-cost power from a mini-sun. And the media executives at DJT could be just the people to make it happen.</p><p>Wall Street won&#39;t be much help, for now. No one covers DJT stock, according to FactSet. TAE is privately held. A few analysts have opined on fusion, though.</p><p>Wedbush analyst Dan Ives weighed in, saying, &#34;The key task at hand for TAE is to help solve energy scarcity and now focus on building the world&#39;s first utility-scale fusion power plant.&#34; That isn&#39;t really an endorsement of the deal. Everyone wants energy scarcity solved.</p><p>Cannacord analyst George Gianarikas asked in a Thursday report, &#34;Are the stars coming to earth? Has fusion&#39;s moment arrived?&#34; His report also wasn&#39;t exactly an endorsement of the deal. Mainly, he explained to his clients what fusion is -- Smashing atoms together to make a new element, which releases energy, like stars.</p><p>The goal of TAE is to have a 50-megawatt electric plant under construction in 2026 with fusion power by 2031.</p><p>Things could all work out, but the odds of it happening as planned are small. More likely is that Thursday&#39;s gains eventually fade, timelines for fusion technology get stretched out, costs rise, profits prove elusive, and capital gets harder to raise down the road.</p><p>But before that happens, Wall Street will likely start to cover the merged company, focusing on the fusion business. There will be some favorable ratings. Financial models are surprisingly easy to build without hard inputs or history.</p><p><a href=\"https://laohu8.com/S/TSLA\">Tesla</a>&#39;s nascent robot business, for instance, has been valued by some at north of 20 times estimated 2035 sales</p><p>Investors can think of this merger as a little like a SPAC transaction, where a publicly traded shell merges with a private company that investors want to own. DJT is the shell, and TAE is the company investors will be interested in. EV makers Nikola and <a href=\"https://laohu8.com/S/LCID\">Lucid</a> are two examples of that kind of deal. Both of those stocks worked for a while before falling precipitously.</p><p>In the long term, the stock market is efficient. In the short run, anything can happen -- and usually does. Barron&#39;s will gladly admit an error if the merger is a success, bringing clean, abundant power to the world.</p><p>Just tread carefully while the process unfolds.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Trump Media Is Making a Big Pivot. Kodak Tried That, Too</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTrump Media Is Making a Big Pivot. Kodak Tried That, Too\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-12-20 11:05</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Sometimes something happens that causes academics, traders, and Wall Street veterans to question the market&#39;s ability to allocate capital and price assets efficiently.</p><p>Yes, we are talking about the merger between social-media platform <a href=\"https://laohu8.com/S/DJT\">Trump Media</a> &amp; Technology and nuclear fusion start-up TAE Technologies.</p><p>The deal values TAE at some $3 billion, creating the world&#39;s first publicly traded nuclear fusion company, which produces energy the way a star does. (Exciting.) What Trump Media brings to the table is &#34;access to capital,&#34; according to a news release.</p><p>Trump Media stock rose 8.3% on Friday, after a 42% jump on Thursday, closing the week at $16.09, which left shares down 53% for the year. The Dow Jones Industrial Average and S&amp;P 500 added 0.9% and 0.4%, respectively.</p><p>&#34;Trump Media &amp; Technology Group built uncancelable infrastructure to secure free expression online for Americans, and now we&#39;re taking a big step forward toward a revolutionary technology that will cement America&#39;s global energy dominance for generations,&#34; said Trump Media CEO Devin Nunes.</p><p>It&#39;s going from social media and crypto into nuclear physics. It reminds Barron&#39;s of Kodak&#39;s pivot to generic drug manufacturing in 2020. The one-time leader in film technology decided to leverage its expertise in handling chemicals to become a healthcare provider.</p><p>It didn&#39;t work. Shares peaked at $60 in July 2020, after a flurry of excitement related to a government loan to kick-start drug production. Kodak shares closed at $8.06 on Thursday. Its largest business is commercial printing, but it is still pursuing pharmaceutical manufacturing.</p><p>DJT doesn&#39;t have to become Kodak. TAE might change the world with low-cost power from a mini-sun. And the media executives at DJT could be just the people to make it happen.</p><p>Wall Street won&#39;t be much help, for now. No one covers DJT stock, according to FactSet. TAE is privately held. A few analysts have opined on fusion, though.</p><p>Wedbush analyst Dan Ives weighed in, saying, &#34;The key task at hand for TAE is to help solve energy scarcity and now focus on building the world&#39;s first utility-scale fusion power plant.&#34; That isn&#39;t really an endorsement of the deal. Everyone wants energy scarcity solved.</p><p>Cannacord analyst George Gianarikas asked in a Thursday report, &#34;Are the stars coming to earth? Has fusion&#39;s moment arrived?&#34; His report also wasn&#39;t exactly an endorsement of the deal. Mainly, he explained to his clients what fusion is -- Smashing atoms together to make a new element, which releases energy, like stars.</p><p>The goal of TAE is to have a 50-megawatt electric plant under construction in 2026 with fusion power by 2031.</p><p>Things could all work out, but the odds of it happening as planned are small. More likely is that Thursday&#39;s gains eventually fade, timelines for fusion technology get stretched out, costs rise, profits prove elusive, and capital gets harder to raise down the road.</p><p>But before that happens, Wall Street will likely start to cover the merged company, focusing on the fusion business. There will be some favorable ratings. Financial models are surprisingly easy to build without hard inputs or history.</p><p><a href=\"https://laohu8.com/S/TSLA\">Tesla</a>&#39;s nascent robot business, for instance, has been valued by some at north of 20 times estimated 2035 sales</p><p>Investors can think of this merger as a little like a SPAC transaction, where a publicly traded shell merges with a private company that investors want to own. DJT is the shell, and TAE is the company investors will be interested in. EV makers Nikola and <a href=\"https://laohu8.com/S/LCID\">Lucid</a> are two examples of that kind of deal. Both of those stocks worked for a while before falling precipitously.</p><p>In the long term, the stock market is efficient. In the short run, anything can happen -- and usually does. Barron&#39;s will gladly admit an error if the merger is a success, bringing clean, abundant power to the world.</p><p>Just tread carefully while the process unfolds.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","BK4612":"AI芯片","LU1778281490.HKD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AD\" (HKD) INC","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","LU2360106780.USD":"BGF WORLD TECHNOLOGY \"A4\" (USD) INC","LU0082616367.USD":"摩根大通美国科技A（dist）","LU1066051225.USD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AC\" (USD) ACC","LU0077335932.USD":"FIDELITY AMERICAN GROWTH \"A\" INC","SG9999015986.USD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (USD) ACC","LU2756315318.SGD":"ALLIANZ INCOME AND GROWTH \"AMG\" (SGDHDG) INC A","BK4574":"无人驾驶","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU2023250330.USD":"ALLIANZ INCOME AND GROWTH \"AMG\" (USD) INC","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","BK4581":"高盛持仓","BK4543":"AI","LU0823411888.USD":"法巴消费创新基金 Cap","BK4511":"特斯拉概念","LU1066051811.HKD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM2\" (HKD) INC","IE00BK4W5L77.USD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (USD) ACC","BK4534":"瑞士信贷持仓","LU2462157665.USD":"ALLIANZ GLOBAL INCOME \"A\" (USD) INC","IE00BK4W5M84.HKD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (HKD) ACC","BK4533":"AQR资本管理(全球第二大对冲基金)","SG9999015978.USD":"利安颠覆性创新基金A","LU0964807845.USD":"ALLIANZ INCOME & GROWTH \"A\" (USD) INC","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","BK4516":"特朗普概念","BK4547":"WSB热门概念","LU2417539215.USD":"ALLIANZ GLOBAL INCOME \"AMF\" (USD) INC","BK4592":"伊斯兰概念","LU2108987350.USD":"UBS (LUX) EQUITY SICAV GLOBAL OPPORTUNITY SUSTAINABLE (USD) \"P\" (USD) ACC","LU2063271972.USD":"富兰克林创新领域基金","LU2213496289.HKD":"ALLIANZ INCOME AND GROWTH \"AT\" (HKD) ACC","BK4548":"巴美列捷福持仓","LU1066051498.USD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM2\" (USD) INC","LU2290526834.HKD":"BGF NEXT GENERATION TECHNOLOGY \"A2\" (HKDHDG) ACC","LU1066053197.SGD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM3\" (SGDHDG) INC","LU0323591593.USD":"SCHRODER ISF QEP GLOBAL QUALITY \"A\" (USD) ACC","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - 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(Exciting.) What Trump Media brings to the table is \"access to capital,\" according to a news release.Trump Media stock rose 8.3% on Friday, after a 42% jump on Thursday, closing the week at $16.09, which left shares down 53% for the year. The Dow Jones Industrial Average and S&P 500 added 0.9% and 0.4%, respectively.\"Trump Media & Technology Group built uncancelable infrastructure to secure free expression online for Americans, and now we're taking a big step forward toward a revolutionary technology that will cement America's global energy dominance for generations,\" said Trump Media CEO Devin Nunes.It's going from social media and crypto into nuclear physics. It reminds Barron's of Kodak's pivot to generic drug manufacturing in 2020. The one-time leader in film technology decided to leverage its expertise in handling chemicals to become a healthcare provider.It didn't work. Shares peaked at $60 in July 2020, after a flurry of excitement related to a government loan to kick-start drug production. Kodak shares closed at $8.06 on Thursday. Its largest business is commercial printing, but it is still pursuing pharmaceutical manufacturing.DJT doesn't have to become Kodak. TAE might change the world with low-cost power from a mini-sun. And the media executives at DJT could be just the people to make it happen.Wall Street won't be much help, for now. No one covers DJT stock, according to FactSet. TAE is privately held. A few analysts have opined on fusion, though.Wedbush analyst Dan Ives weighed in, saying, \"The key task at hand for TAE is to help solve energy scarcity and now focus on building the world's first utility-scale fusion power plant.\" That isn't really an endorsement of the deal. Everyone wants energy scarcity solved.Cannacord analyst George Gianarikas asked in a Thursday report, \"Are the stars coming to earth? Has fusion's moment arrived?\" His report also wasn't exactly an endorsement of the deal. Mainly, he explained to his clients what fusion is -- Smashing atoms together to make a new element, which releases energy, like stars.The goal of TAE is to have a 50-megawatt electric plant under construction in 2026 with fusion power by 2031.Things could all work out, but the odds of it happening as planned are small. More likely is that Thursday's gains eventually fade, timelines for fusion technology get stretched out, costs rise, profits prove elusive, and capital gets harder to raise down the road.But before that happens, Wall Street will likely start to cover the merged company, focusing on the fusion business. There will be some favorable ratings. Financial models are surprisingly easy to build without hard inputs or history.Tesla's nascent robot business, for instance, has been valued by some at north of 20 times estimated 2035 salesInvestors can think of this merger as a little like a SPAC transaction, where a publicly traded shell merges with a private company that investors want to own. DJT is the shell, and TAE is the company investors will be interested in. EV makers Nikola and Lucid are two examples of that kind of deal. Both of those stocks worked for a while before falling precipitously.In the long term, the stock market is efficient. In the short run, anything can happen -- and usually does. Barron's will gladly admit an error if the merger is a success, bringing clean, abundant power to the world.Just tread carefully while the process unfolds.","news_type":1,"symbols_score_info":{"DJT":1.96}},"isVote":1,"tweetType":1,"viewCount":232,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["TSLA"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":137,"optionInvolvedFlag":false,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}