Shares of Trump Media surged over 18% on Monday, boosting Donald Trump’s net worth. This increase came as online election betting markets showed odds shifting in Trump’s favor. The surge also coincided with the launch of a new site for Trump Media’s TV streaming app, Truth+. Despite the company’s high market capitalization, it has a small user base and limited revenue. Trump owns a majority stake in the company. The new Truth+ site offers a variety of movies and series, but some content appears to be older and possibly produced using artificial intelligence tools.
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