financetom
Business
financetom
/
Business
/
What's Going On With Trump Media & Technology Stock Today?
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
What's Going On With Trump Media & Technology Stock Today?
Oct 22, 2024 12:32 PM

Trump Media & Technology Group Corp. ( DJT ) shares rose on Tuesday following the launch of its Truth+ streaming app for Android TVs.

The app, now available on the Google Play Store, provides a diverse range of programming, including news, entertainment, faith-based content, and documentaries, along with children’s shows and more.

In a bid to enhance user experience, Trump Media & Technology Group ( DJT ) further plans to launch native Truth+ apps for additional connected TV platforms, including Samsung, LG, Amazon Fire, and Roku ( ROKU ).

With the upcoming election just days away, the introduction of Truth+ may position the platform to capture viewers seeking alternative media sources during this pivotal time.

Also Read: General Motors Q3 Earnings: Revenue And EPS Beat, Raises Annual Profit Outlook On Growing Consumer Demand

“Android TV has joined Apple TV as a platform for Truth+,” said Trump Media & Technology Group CEO Devin Nunes.

The service features both linear TV channels and Video on Demand (VOD), aiming to expand its reach in the competitive streaming landscape.

As the rollout progresses, the company will focus on beta testing its ultra-fast streaming technology and gathering user feedback before announcing the completion of the rollout.

Powered by a custom-designed, multi-site Content Delivery Network (CDN) utilizing Trump Media & Technology Group’s own servers and software, this streaming technology aims to provide a service that remains resistant to cancellation by Big Tech.

According to Benzinga Pro, DJT stock has lost over 6% in the past six months.

Price Action: DJT stock is trading higher by 7.18% to $33.55 at last check Tuesday.

Image via Shutterstock

Read Next:

Tesla Shareholders Demand Answers From Elon Musk On Growing List Of Promises Ahead Of Q3 Earnings: From Affordable Models To FSD Rollout And Next-Generation Roadster

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Russia decree opens door for Exxon return to Sakhalin-1 project
Russia decree opens door for Exxon return to Sakhalin-1 project
Aug 15, 2025
MOSCOW, Aug 15 (Reuters) - Russian President Vladimir Putin on Friday signed a decree that could allow foreign investors, including top U.S. oil major Exxon Mobil ( XOM ), to regain shares in the Sakhalin-1 oil and gas project. The signing of the decree comes on the day Russian president Vladimir Putin meets Donald Trump in Alaska for a summit...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Looking At Cigna Group's Recent Unusual Options Activity
Looking At Cigna Group's Recent Unusual Options Activity
Aug 15, 2025
Whales with a lot of money to spend have taken a noticeably bullish stance on Cigna Group ( CI ). Looking at options history for Cigna Group ( CI ) we detected 20 trades. If we consider the specifics of each trade, it is accurate to state that 50% of the investors opened trades with bullish expectations and 25% with...
Bausch Health Stake Rises for Paulson Capital; Brett Icahn and Steven Miller Resign as Board Directors
Bausch Health Stake Rises for Paulson Capital; Brett Icahn and Steven Miller Resign as Board Directors
Aug 15, 2025
04:04 PM EDT, 08/15/2025 (MT Newswires) -- Bausch Health ( BHC ) on Friday afternoon said Paulson Capital and its affiliated funds increased their ownership in the company by acquiring about 34.7-million shares previously held by Carl Icahn and his group. The company added that it was not involved in the transaction. With this purchase, Paulson and its affiliates now...
Copyright 2023-2026 - www.financetom.com All Rights Reserved