Trump Media to Merge with Fusion Energy Firm in $6B Deal

19 pointsposted 2 months ago
by JumpCrisscross

8 Comments

russianGuy83829

2 months ago

Is it april fools yet? Whats next, tumblr merging with boston dynamics? The stock is up 30% and I bet there has been insider trading right before the announcement

LunaSea

2 months ago

Remember kids, it's not corruption if you're the boss.

dnemmers

2 months ago

It seems a very odd merger, I’m guessing most of the rationale is going to be hidden.

Trying to stake a stagnant asset to one with limitless potential upside, should help the stock value, at least short term.

user

2 months ago

[deleted]

JoeAltmaier

2 months ago

All you can know is, it's a scam of some kind.

tencentshill

2 months ago

Google, a massive oil company, and now trump media/crypto. It's like poetry. It rhymes.

animistically

2 months ago

Tech really went downhill since Alphabet started using machine learning to help the oil industry find more deposits.

It created a feedback loop where datacenters increase both energy consumption and energy production. "AI" is just the current upshot. Energy use is exploding and its being fed by an exploding increase in oil production enabled by the very computer clusters that consume most of the excess production.

The global warming death spiral has begun. Brace for impact.

SilverElfin

2 months ago

DJT is a stock with terrible performance and no future. This is obviously a corrupt scam to gain access and favoritism with the administration. Maybe this fusion company will get easier permits and approvals from agencies that regulate it. Maybe they’ll get military contracts. But there’s no legitimate justification for the deal.