Key Points Trump Media stock saw a double-digit sell-off last month despite a bullish rally for the broader market. The company continued to make moves in the crypto space, but new ETF filings and other developments didn't result in gains for the stock.

The Dow, S&P 500 and Nasdaq retreat from record highs as President Trump rolled out a fresh tariff against Canada, following Brazil hit. Meanwhile, the Federal Reserve and Chairman Powell are under fire for spending on renovations.

Truth+, a new streaming service attached to the Truth Social platform, will expand globally, featuring Trump-friendly Newsmax.

Trump Media and Technology Group (DJT) on Tuesday sought approval for a new exchange-traded fund named the ‘Truth Social Crypto Blue Chip ETF’, which will directly hold a mix of digital assets, including Bitcoin (BTC),

Newsmax and Trump Media benefited from President Donald Trump’s popularity. Newsmax saw its audience and revenue increase year over year, both by double digits. Trump Media raised the funds needed to pursue a Bitcoin strategy.

The stock tumbled another 7% Monday as Musk’s feud with President Donald Trump escalates, and their bromance fades into a distant memory. Musk is now promising to launch the America Party due to his gripes with Trump’s budget bill, which Musk argues is “bankrupting our country with waste & graft.”

The president’s corporate footprint – and the room it’s created for potential conflicts of interest – is growing.

Tesla (TSLA) shares are down more than 5% on Tuesday after President Donald Trump reiterated his threat to eliminate all subsidies to companies owned by CEO Elon Musk. Without these subsidies, “Elon would have to close up shop and head back home to South Africa

The Nasdaq composite inched fractionally higher in Tuesday's session. The S&P 500 shed less than 0.1%. Small caps led the market, with the Russell 2000 index climbing nearly 0.7%. The Russell recouped about half of Monday's drop of nearly 1.6%.

Price Action: At the time of writing ... after closing 2.83% higher at $19.26 during Tuesday’s regular trading session. The Trump Media & Technology Group stock ranked low on the Momentum and Value scores. Visit Benzinga Edge Stock Rankings to ...