SENSEX
NIFTY
GOLD
USD/INR

Weather

image 34    C

Top News News

The Economic Times

Top News / The Economic Times

details

Parent company of Trump's Truth Social reports $400 mn loss

TMTG, the firm behind Donald Trump's Truth Social, unveiled a troubling report showing a net loss of more than $400 million in the first quarter, primarily linked to a nosedive in cryptocurrency valuations. Earnings dipped below $1 million during this period, raising questions about the viability of its substantial investments in the crypto space.

9 May 2026 12:09 pm