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0.000751841156468361 0.00106510830499683 -0.000746145390131484 -0.000324658681202226 0.00357124549322488 0.00670961274484674 0.0062824302695806 0.00213591237633067
Stock impact report

Trump media set to merge with nuclear power company in $6 billion deal [Yahoo! Finance]

Goldman Sachs Group, Inc. (The) (GS) 
Last goldman sachs group, inc. (the) earnings: 4/15 07:30 am Check Earnings Report
US:NYSE Investor Relations: goldmansachs.com/investor-relations
Company Research Source: Yahoo! Finance
Truth Social has served as a megaphone for Donald Trump, the platform where the president unveils major White House announcements and does his many wide-ranging ramblings. As of June, Trump owned roughly 58 percent — or 114,750,000 shares — of his eponymous media company, which went public in March 2024 The president has not yet publicly spoken about the agreement. The deal is expected to close in mid-2026, the companies said Thursday. It would combine Trump Media's “significant capital” with TAE's “leading fusion technology” to create “one of the world's first publicly traded fusion companies,” the press release stated. From January through Wednesday, shares in Trump Media had dropped by nearly 70 percent. Following the announcement of the merger, shares jumped 35 percent. Shareholders of each company will own approximately 50 percent of the combined company, according to the release. The transaction was approved by both companies' boards of directors. “Trump Media & Techn Show less Read more
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