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Shares of Trump Media and Technology Group, which the former US president created after he was banned from Twitter and Facebook following Capitol riots, is now valued at over USD 10 billion. On Tuesday, the stock rose more than 12 per cent to USD 53.30, on top of a 21.6 per cent gain Monday. The stock was moving so sharply that trading was briefly halted several times during the morning.
Category:
News and Media
President Joe Biden criticized Donald Trump's supporters after a speaker at a Trump rally made derogatory remarks about Puerto Rico. Biden condemned the rhetoric as un-American and emphasized the honor and decency of Puerto Ricans. His comments faced backlash from Republicans and some Democrats ahead of Election Day.
Category:
News and Media
Online ad sellers gained over $100 billion in stock market value following strong quarterly results from Alphabet, Reddit, and Snap. Alphabet's stock rose 4% due to robust digital advertising and AI-driven cloud service demand. Meta and Amazon also saw stock increases, while Snap jumped 7% due to exceeding revenue and user growth expectations. Reddit surged 20% after forecasting higher-than-expected revenue.
Category:
News and Media
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