Donald Trump's company, Trump Media — owner of the social media app Truth Social — reported losing $16 million as revenue plummeted 30% from the same period last year, CNBC reported Friday. The stock price for the social media company, whose namesake, Trump , is the majority shareholder, fell from more than $71 per share in March to a meager $26 on Friday afternoon, according to the report. Trump Media's reported loss comes after it reported a $22.
8 million loss for the same period last year. About half of the loss for the most recent quarter was due to legal fees stemming from Trump Media’s merger with Digital World Acquisition Corp., the company said.
Meanwhile, its revenue of $839,000 — down from $1.2 million for the same period last year. READ ALSO: GOP strategist: Seething Trump 'hates how good' Kamala Harris is getting at rallies The report comes after Trump reportedly lost more than $267 million in June as the value of Trump Media fell.
A Pennsylvania Democrat believes Donald Trump's team is using him as a "large, orange puppet" to further their Project 2025 agenda and ban an abortion drug. Rep. Madeleine Dean talked Friday with MSNBC's Nicolle Wallace on "Deadline: White House " about the Republican presidential nominee's comments calling abortion a "small issue" in the election.
"That tells you everything you need to know about Donald Trump ," said Dean. "It's a small issue for him because he doesn't care about the truth, the facts, or anybody else. It is not a small issue, I'll tell you, to my constituents.
It's not a small issue to me, and my three daughters-in-law and my three granddaughters." She emphasized: "This is an extraordinarily important issue." Read also: 'Pure gibberish': Critics slam Trump’s 'nonsensical double-speak' answer on abortion drug Dean believes that Trump didn't know what he'd been asked about Friday at his news conference from Mar-a-Lago, when a reporter asked about the abortion drug mifepristone and said he rambled incoherently.
Dean pulled out a copy of the much-maligned Project 2025 — the GOP-led plan to overhaul the federal government should Trump win the 2024 presidential election — and noted that on page 457 it calls for reversing approval of chemical abortion drugs and stopping the mail-order use of chemical abortion drugs. "His team behind him, who is using him as this large, orange puppet, knows exactly what they're trying to do," said Dean. "Donald Trump doesn't have a clue.
" Watch the clip below or at this link . With Minnesota Gov. Tim Walz facing misleading Republican attacks on his service record in the Army National Guard, some political commentators are drawing comparisons to the "Swift Boat Veterans for Truth," a GOP smear campaign where Vietnam veterans attacked the service record of 2004 Democratic presidential nominee John Kerry.
Speaking to Politico in an interview , Bob Shrum, an adviser to Kerry, outlined how significant these attacks might be — and how to defuse them. When it came to Kerry, who received three Purple Hearts, a Silver Star and a Bronze Star, he said, "In the end, the attack didn’t matter, except — and this did matter — that it disturbed the campaign in the month of August. But by the time you got to Election Day, if you asked people, 'Could John Kerry be commander in chief?' Their answer was yes.
They watched the first debate and they made a conclusion. I think it’s different this time. People have heard this stuff before, many of them, not the whole electorate.
Walz’s record has been defended by a whole host of folks across the political spectrum. I don’t think this is going to go anywhere." ALSO READ: 21 worthless knick-knacks Donald Trump will give you for your cash Walz, who served 24 years in the Army National Guard on disaster relief missions and support missions in Europe for Operation Enduring Freedom, has been accused by former President Donald Trump's running mate Sen.
J.D. Vance (R-OH), who himself served as a Marine, of abandoning his unit when it came time to deploy to Iraq, even though Walz's retirement papers to run for Congress were put in before any notification the unit would be deployed.
As for how the Harris-Walz campaign should respond, Shrum said, they're largely doing what they need to do. "Keep doing what they’re doing, which is answer the attacks, have other folks answer the attacks, but then pivot — which has also been happening," said Shrum. Additionally, he said, they should go after Trump , who managed to produce a dubious "bone spurs" medical diagnosis to get draft deferments out of serving in Vietnam.
"Look, it’s such a rich attack. And I mean that in an ironic way, coming from a campaign for a guy whose father got some doctor to swear that he had a medical disability that is hardly identifiable." Former President Donald Trump's private Boeing 757 was diverted for an emergency landing in Billings, Montana, on the way to his rally in Bozeman.
According to a local radio station, the landing was required due to a "hydraulic leak." The aircraft, commonly known as " Trump Force Once," landed safely, and the former president is expected to take a private jet the rest of the way to his destination. Trump has owned the 757 since 2011, when it replaced an older Boeing 727 he originally purchased from his failed Trump Shuttle airline, which had previously been a commuter service for the now-defunct Eastern Airlines prior to the Trump Organization acquiring it.
The former president has boasted that the aircraft is more luxurious than Air Force One , although experts have said the 757 is rapidly aging and, being a retrofitted commercial airliner, is larger and less well-pressurized than private aircraft typically enjoyed by the super-wealthy. Trump's rally in Bozeman, the first to be held since last week, will take place at 8 p.m.
local time, or 10 p.m. Eastern Time.
ALSO READ: 21 worthless knick-knacks Donald Trump will give you for your cash.
