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Trump Media & Technology reported a loss of $238 million for Q2 2026, significantly higher than the previous year. The company plans to refocus on its social media platform and abandon various ventures, while also pursuing a merger in the nuclear fusion sector. Despite the losses, revenue for the quarter increased to $1.7 billion.
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Trump Media & Technology reported a loss of $238 million for Q2 2026, significantly higher than the previous year. The company plans to refocus on its social media platform and abandon various ventures, while also pursuing a merger in the nuclear fusion sector. Despite the losses, revenue for the quarter increased to $1.7 billion.
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Trump media group racks up losses -- and pushes into nuclear fusion?
Trump Media & Technology Reports Significant Losses and Refocuses Business Strategy