Main Street stagnates as Big Tech surges ahead despite growing unease among American households

WALL STREET DRIFT: TRUMP MEDIA

By Andrea Billups and Michael Graham

Wall Street is in chaos as investors and traders struggle to make sense of the latest twists and turns in the ongoing saga of Donald Trump's media empire.

The former President's company, Trump Media & Technology Group, has been on a wild ride since its inception, with its stock price plummeting by over 75% in the past month alone.

The trouble began when Trump Media & Technology Group announced a major deal to go public through a special purpose acquisition company (SPAC), which was supposed to bring in a flood of new capital and help the company grow.

But things took a turn for the worse when the SPAC deal fell apart, leaving Trump Media & Technology Group scrambling to find a new way to raise the funds it needs to stay afloat.

The company's stock price has been in free fall ever since, with investors panicking and selling their shares in droves.

As the situation continues to unfold, many are left wondering what's next for Trump Media & Technology Group and whether the company will be able to recover from its current troubles.

For now, it's a waiting game for investors and traders as they wait to see what the future holds for the embattled media empire.