All posts tagged "Conflict Of Interest"

DJT, Trump Media & Technology Group Corp., stock has reportedly been performing well, but investors may want to exercise caution.

Investors should not count on Trump Media after last week's surge, following President Donald Trump's announcement of a major merger, according to a Barron's report.

"Investors should be wary. No Wall Street analysts cover Trump Media right now," Barron's reported. "A big bet the company has made on Bitcoin already appears to have gone sour, and it reported a net loss of $54.8 million over the third quarter. Shares are still down 53% for the year despite the recent rally. There is also plenty of uncertainty about the future of nuclear fusion. Barron’s argued last week that the most likely outcome is that the stock’s gains fade as timelines for fusion technology get stretched out, costs rise, profits prove elusive, and capital gets harder to raise."...

Serious questions are being raised about Donald Trump's eldest sons' upcoming cryptocurrency venture, according to a new report.

Trump has recently changed his tune on cryptocurrency in general, going from opposing it and saying valuations were simply made out of “thin air" to proclaiming to be its biggest champion and speaking at a cryptocurrency conference. According to Bloomberg, the "crypto flip flop began with flattering NFTs" of himself.

Now, his sons are reportedly launching a crypto project, and ethics watchdogs are questioning whether there could be a conflict of interest....