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Trump Media ($DJT) has lost roughly 70% of its value in 2026, with shares closing at just $3.99 on Friday and the company’s market capitalization shrinking to approximately $1.1 billion
The decline adds to an already difficult year for the parent company of Truth Social, which continues to struggle with limited revenue and substantial losses despite expanding into cryptocurrency and
pursuing a multibillion-dollar merger with nuclear fusion company TAE Technologies
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Toyota just reported its first quarterly operating profit increase in six quarters, raising its annual profit forecast to ¥3.9 trillion, approximately $24.8 billion, as strong hybrid demand helps fuel the automaker’s recovery
The Japanese auto giant reported a 34% increase in quarterly operating profit, beating Wall Street expectations as a weaker yen, cost reductions, and higher-margin hybrid vehicles helped offset challenges in China and the Middle East
Toyota also raised its full-year operating profit outlook by 15%, signaling growing confidence in its business despite rising manufacturing costs, global trade uncertainty, and increasing competition from Chinese automakers
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Audi is preparing for a massive expansion into American manufacturing, with plans that could bring billions of dollars in new investment and thousands of jobs to the United States
which is expected to employ 4,500 workers and produce up to 200,000 SUVs annually when production begins in the early 2030s
If the expansion moves forward, Audi’s total investment could reach $7 billion and support approximately 7,500 American jobs
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Nvidia ($NVDA) has officially erased all of its gains for 2026 after shares plunged more than 8% on Thursday, extending a brutal selloff that has wiped out over $1 trillion in market value since the company’s October peak
Nvidia has been one of the biggest beneficiaries of the AI boom, but the recent downturn shows how quickly sentiment can shift, even for the world’s most valuable technology companies
The selling has also spread to other semiconductor stocks, including AMD, Broadcom, and Micron, as investors reassess valuations across the entire AI industry
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Deutsche Telekom CEO Tim Höttges warns that SpaceX could need roughly $200 billion to build a wireless network capable of competing with America’s biggest carriers, including Verizon, AT&T, and T-Mobile
Traditional carriers already control extensive networks of towers, spectrum, and infrastructure that satellites alone cannot fully replace, particularly in major cities and inside buildings
Despite the enormous costs, Deutsche Telekom’s CEO says SpaceX’s arrival is becoming increasingly likely, with Wall Street already pricing in the threat of a powerful new competitor
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