DJT Stock Heads For Worst Month This Year: Peter Schiff Says ‘Harbinger Of What's To Come’

Trump Media & Technology Group (DJT) stock fell 7.4% to $5.51 in pre-market trading due to potential Democratic gains in U.S. midterm elections, bearish options flow, and a record low approval rating for Trump. The company reported a Q2 2026 net loss of $238.1 million against revenue of $1.7 million. The decline is attributed to political sentiment rather than broader market trends, with a pending merger adding uncertainty.

Truth Social, owned by Trump Media, has signed deals with Bloomberg, Susquehanna, and Jump Trading for faster access to Trump's posts, charging up to $100,000/month. The service offers a 50ms timing advantage, potentially moving markets. Trump Media's shares have fallen over 50% this year, with a market value now around $1.8B. Critics and lawsuits allege ethical and legal concerns.

Truth Social, founded by Donald Trump, has signed deals with Bloomberg, Susquehanna, and Jump Trading for faster access to Trump's posts, sold via a paid API service. The service, priced up to $100,000/month, gives subscribers a 50ms timing advantage, potentially impacting financial markets. Truth Social's shares have fallen over 50% this year, with the company's market value dropping from $8B to $1.8B. Critics and lawsuits challenge the service's legality and ethics.

Trump Media (DJT) and Rumble (RUM) stocks fell 5% after September's CPI report showed higher-than-expected inflation, which may delay Fed rate cuts. DJT trades at $7.38 with Q2 revenue of $1.7M and significant losses, while RUM is at $6.39 with Q1 revenue of $25.46M. Reddit (RDDT), a profitable platform, declined 2%. Both DJT and RUM are sensitive to rate expectations due to their operating losses.

Trump Media & Technology Group, parent of Truth Social, is nearing a merger with TAE Technologies, a nuclear fusion developer. The deal, first announced in December 2025, was formalized in a September 30, 2026, securities filing. The merger diversifies Trump Media into deep-tech and energy sectors, combining TAE's fusion research with Truth Social's media operations. Completion depends on regulatory approvals and shareholder votes.

Trump Media & Technology Group (TMTG) and TAE Technologies filed a Form S-4 registration statement for their proposed all-stock merger. The combined company will focus on commercializing fusion energy, power solutions, and life sciences. Upon completion, TMTG shareholders and TAE stockholders will each own about 50% of the enterprise. The merger aims to support TAE's development of commercial fusion power and aligns with TMTG's mission to diversify into transformative technology sectors.