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‘Lost $4 billion’: Maria Bartiromo grills Devin Nunes on Truth Social sell-off



Fox News host Maria Bartiromo highlighted revenue losses suffered by Donald Trump's Truth Social platform.

During a Sunday interview with Truth Social CEO Devin Nunes, Bartiromo reviewed the company's financial condition.

"President Trump's media company has had a volatile two weeks," she noted. "The stock finished down about 30% this week. The company, which operates Trump's Truth Social platform, lost $4 billion in market value after gaining six billion in value during its debut on the Nasdaq two weeks ago."

"For 2023, Trump media posted a loss of $58 million on revenue and $4.1 million [profit] in a regulatory filing," she continued. "The company also disclosed that its auditor had raised concerns about its ability to continue operating before its recent merger and IPO."

The Fox News host then welcomed Nunes.

"I was looking at the filing to the Securities and Exchange Commission and the loss," Bartiromo said. "When would you expect this company to turn profitable?"

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Nunes blamed the losses on overregulation.

"So even if you take the ridiculous cost that it took us to get to this point, we are well positioned," he said. "Because we have no debt. We're coming out of this with no debt, a platform that works really, really well, that communicates to millions of people. And then we have $200 million in the bank."

"There's never been a company like this," he added. "And we're really the only game in town that can accomplish this."

"Those are all the issues that we're that we're focused on and including, you know, making sure that we're dealing with like a three-year plan here where we can go out and put this whole company together where we're not relying on big tech."

Watch the video below from Fox News or at the link..

‘He can still talk about the case’: Fox News host corrects Trump gag order lies



Fox News host Howard Kurtz reminded Trump campaign press secretary Karoline Leavitt that her boss could still talk about his hush-money case even though a judge put a limited gag order in place.

While speaking to Leavitt on Sunday, Kurtz noted that former President Donald Trump had said he was willing to go to jail after Judge Juan Merchan prevented him from talking about court staff or the judge's family.

"If this partisan hack wants me to put, wants to put me in the clink for speaking the open, obvious truth, I will gladly become a modern-day Nelson Mandela," Trump wrote about the gag order, Kurtz reported.

"So why is he comparing himself to Mandela?" the Fox News host asked. "And is he now worried about going to jail in this case?"

"No, not at all," Leavitt insisted. "Truth will ultimately prevail in this case and in all of the cases. The Democrats want President Trump confined to a courtroom."

"Unfortunately, he'll have to be on trial in a dark, dirty New York City courtroom because Alvin Bragg is a far-left district attorney who has spent more time persecuting President Trump than prosecuting real violent criminals on the streets of New York," she continued. "President Trump is exposing the truth in all of these Biden-led witch hunts."

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Leavitt attributed the gag orders to Democrats who want to "silence" Trump.

"And that's exactly why you see these gag orders coming down," she opined. "Not only are they prosecuting him, but they want to silence him."

"It's a complete violation of his First Amendment rights."

Kurtz ended the interview with a correction.

"He can still talk about the case," the Fox News host said. "But I'm glad to have your response on that."

Watch the video below from Fox News.

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Sabres @ Stars 4/9 | NHL Highlights 2024

Extended highlights of the Buffalo Sabres at the Dallas Stars 00:00 1st Period 04:46 2nd Period 08:13 3rd Period