$DJT

Trump Media (DJT) fell 5% to $9.02, extending its 32% YTD decline, and Rumble (RUM) dropped 3% to $8.76, with no clear news catalyst. Retail engagement is thinning, and both stocks are underperforming the broader social media sector and market. DJT's Q2 revenue grew 92.5% YoY to $1.7M, but it reported a net loss of $238.11M. RUM's Q1 revenue missed estimates at $25.46M, with a loss per share of $0.12.

Trump Media & Technology Group (DJT) shares rose 0.54% premarket. CEO Kevin McGurn defended Truth API, a paid data feed offering early post access. Critics raise insider trading concerns, while McGurn argues the data is publicly available. DJT stock is down 32% YTD.

Public Citizen reports Trump's crypto ventures have generated $1.4B in income for him while causing $4.7B in losses for retail investors. Key products include $TRUMP meme coin ($3.2B losses), $WLFI token ($1B+ losses), and Bitcoin holdings ($450M loss). Trump earns through licensing and fees without capital investment, while investors bear price risk. The report suggests Congress should bar presidents from profiting from digital assets they regulate.

Trump Media & Technology Group (DJT) shares fell 7% to $9.09 on Tuesday, reducing its market cap by $189 million. Despite the drop, the company's valuation remains at $2.53 billion, 147% above its June book value and 378 times its annualized Q2 revenue. The company faces challenges, including a $964.9 million note due in November and a net loss of $238.0 million in Q2.

Truth Social's interim CEO Kevin McGurn discussed the company's Truth API data feed on CNBC, highlighting its market demand and small latency advantage. He noted 15 paying clients and plans to expand distribution. McGurn emphasized building recurring revenue for shareholders and positioning Truth Social as a long-term media and data player.

Public Citizen reports investors in President Trump's crypto ventures have $4.7B in unrealized and realized losses, with $3.2B from the $TRUMP memecoin. Trump earned at least $1.4B. $DJT stock fell 45% in a year to $9.76.

NYSE opened a Dallas office for its Texas-based digital equities venue, NYSE Texas, which has over 120 issuers. The exchange aims to capitalize on Texas's pro-business environment and growing competition for listings. NYSE Texas's first dual listing was Trump Media & Technology Group Corp. NYSE and its parent, Intercontinental Exchange Inc., employ about 200 in Texas.

Binance listed a tokenized version of Trump Media (DJT) stock (DJTB) as margin collateral on 26 August 2026. The token is part of Binance's bStocks program, which has over $1 billion in assets. DJTB can be used as collateral for margin trading but cannot be borrowed. Binance offers zero fees on DJTB/USDT spot pairs and conversions until 31 August 2026. The listing is unavailable to US persons.

Trump Media's interim CEO, Kevin McGurn, reported mid-teens customer sign-ups for Truth API, which sells early access to Trump's Truth Social posts. The service, costing up to $100,000/month, faces legal and political scrutiny. Trump Media has earned over $1 million from it since August 1.

RUM Group (RUM) rose 7% to $9.68 after announcing a $13.7B GPU supply deal, dwarfing its $25.46M Q1 revenue. The contract requires 22,400 NVDA GPUs from Northern Data, but RUM lacks funds and must raise capital. Trump Media (DJT) gained 2%, while the Global X Data Center ETF (DTCR) fell 1%.