Bill GrossJim Young/Reuters Meme-stock mania has caused options activity to balloon around Trump Media. That includes trades made by Bill Gross, who told Bloomberg he’s selling put and call options. These bets indicate he expects DJT shares to remain between $45 and $95 before an April expiry. A rising rebound in meme-stock investing has sent […]
Long before Fox News co-opted the phrase “fair and balanced” as its slogan, American media was striving to meet that standard. Unlike Faux News, which has since dropped those words as well as just about any pretense of aspiring to them, the mainstream media still does aspire — to a fault. That was the case […]
In October 2021, former president Donald Trump announced that his media company, the owner of the platform Truth Social, had sealed an incredible deal: a merger with a “special purpose acquisition company” that would deliver to his firm $300 million toward his promise of giving “a voice to all.” By then, however, the insider trading […]