Improve The News

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Improve The News is a free news aggregator and news analysis site developed by a group of researchers at MIT and elsewhere to improve your access to trustworthy news. Many website algorithms push you (for ad revenue) into a filter bubble by reinforcing the narratives you impulse-click on. By understanding other people’s arguments, you understand why they do what they do – and have a better chance of persuading them. **What's establishment bias?** The establishment view is what all big parties and powers agree on, which varies between countries and over time. For example, the old establishment view that women shouldn’t be allowed to vote was successfully challenged. ITN makes it easy for you to compare the perspectives of the pro-establishment mainstream media with those of smaller establishment-critical news outlets that you won’t find in most other news aggregators. This Magazine/Community is not affiliated with Improve The News and is an unofficial repository of the information posted there.

**LR (left/right): 1 = left leaning, 3 = neutral, 5 = right leaning** **CP (critical/pro-establishment): 1 = critical, 3 = neutral, 5 = pro**

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Shares in Trump Media Drop After Securities and Exchange Commission Filing (www.improvethenews.org)

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Shares in Trump Media & Technology Group, former Pres. Donald Trump's social media company that began trading last week under the ticker "DJT," Monday slumped by more than 20% after the company's Securities and Exchange Commission (SEC) filing worried some investors. New York Times (LR: 2 CP: 5)
The filing showed Trump Media made $4.1M in revenue for 2023 with a net loss of $58.2M. Fourth-quarter sales totaled $750K. Forbes (LR: 3 CP: 5)
Shares in Trump Media, which surpassed $79 after the stock went public last week, closed at $48.66 Monday, less than its initial offering price of $49.95. Associated Press (LR: 3 CP: 5)
Trump, the presumptive Republican nominee for the 2024 presidential election, owns 57.3% of Trump Media shares, which are now valued at $3.83B — approximately $2.5B less than they were worth last week. CNBC (LR: 3 CP: 5)
The filing also shows the six-month lock-up on Trump's shares is still in effect, so as of right now he can't sell his stake. FOX News
Truth Social, the social media platform that falls under the Trump Media umbrella, started in February 2022 and says it has 8.9M users. Trump Media is currently valued at $6.3B. FOX News

Anti-Trump narrative:

The suspected disconnect between Trump Media's performance and the inflated stock price has now been confirmed. It turns out "anti-wokeness" doesn't sell the way Trump and his allies had hoped. This could spell catastrophe for investors while also not providing Trump the financial windfall he hoped for.
BUSINESS INSIDER (LR: 3 CP: 4)

Pro-Trump narrative:

No one is denying this is a meme stock, which is attracting as many investors who want to show their support for Trump as it's attracting investors who believe in the company. A little volatility was to be expected. The only thing that may doom Trump Media is a second term for Pres. Joe Biden, but Trump seems on pace to prevent that from happening.
DAILY CALLER (LR: 5 CP: 4)

Nerd narrative:

There's a 50% chance that Donald Trump will be convicted of a felony before the 2024 presidential election, according to the Metaculus prediction community.
METACULUS (LR: 3 CP: 3)

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