Latest news with #NMAX
Reuters
07-07-2025
- Business
- Reuters
Trump Media launches TV streaming platform with Newsmax channel globally
July 7 (Reuters) - Trump Media & Technology Group (DJT.O), opens new tab launched its TV streaming platform, Truth+, globally on Monday, featuring the cable channel Newsmax to support the company's expansion. The move also allows conservative news outlet Newsmax (NMAX.N), opens new tab, which went public in March, to increase its presence outside the United States. Trump Media said users can now access streaming channels and on-demand video through Truth+ apps on iOS, Android, web, and connected TV platforms, including Apple TV, Android TV, Amazon Fire TV, and Roku. The company, which operates the social media platform Truth Social, began beta testing the global rollout of Truth+ in late June. Trump Media said it would continue to beta test the streaming technology and collect user feedback as the rollout progresses. Shares of Trump Media & Technology Group rose about 0.6% at $19.06, while Newsmax shares fell 2.6% to $14.65 in morning trading.
Yahoo
02-07-2025
- Business
- Yahoo
Better Media Stock: Newsmax vs. Trump Media
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. 10 stocks we like better than Trump Media & Technology Group › President Donald Trump's ascent to the White House helped draw interest to shares of Newsmax (NYSE: NMAX) and Trump Media & Technology Group (NASDAQ: DJT). After all, he encouraged followers to watch the former, and the latter sports his name. Conservative news outlet Newsmax is the newer public company of the two. Its initial public offering (IPO) took place in March. Trump Media isn't too old, either. It began trading in 2024. Of these two media businesses, one stands out as a superior stock investment over the other. Digging into each in more detail will reveal which one and why. In the era of digital content and cord-cutting, Newsmax does well, even though its news and other media are broadcast on linear television and radio. It also produces a print magazine. The company delivers digital media, as well, such as via its Newsmax+ streaming app. But its old-school approach resonated with viewers. Newsmax reported a 50% year-over-year increase in its audience in April. The growth helps the company charge higher advertising rates. This is important since ads represent the bulk of its income. In Newsmax's initial earnings report as a public company, $28.9 million of its $45.3 million in first-quarter revenue came from advertising. Higher broadcast ratings allowed the company to increase Q1 ad revenue, enabling total sales to grow 12% year over year. Despite a solid quarter, the company isn't profitable. Its Q1 net loss was $17.2 million. That said, the result was a substantial reduction from 2024's net loss of $50.7 million, illustrating the company's progress toward profitability. Trump Media is working to build up its business through three main avenues. These include the social media site Truth Social, its Truth+ streaming video service, and a new financial brand. Currently, the company generates nearly all its revenue from advertising through Truth Social. In Q1, sales were $821,200, compared to $770,500 in 2024. Trump Media plans to expand its horizons by investing in Bitcoin. To raise the funds to do so, the company sold 55.9 million additional shares to institutional investors, as well as convertible senior secured notes due in 2028 to generate $2.3 billion in net proceeds. According to the company, the proceeds from this will enable Trump Media to become "one of the top Bitcoin holders among publicly traded U.S. firms." However, like Newsmax, Trump Media isn't profitable. Its Q1 net loss came in at $31.7 million. The result suggests that the company's potential to eventually turn a profit is bleak, considering this is nearly double Newsmax's $17.2 million Q1 loss, yet Trump Media's sales in the quarter could not break $1 million. The situation means Trump Media desperately needs to find new revenue streams or its Bitcoin strategy has to pay off. Otherwise, the company could go bankrupt, which was the fate of Trump's previous publicly traded business, Trump Hotels and Casino Resorts, in 2004. Deciding whether to invest in Newsmax or Trump Media shares involves weighing a few other factors. Although Newsmax grew Q1 revenue year over year, a Delaware judge has already ruled that Newsmax aired false claims about Dominion Voting Systems regarding the company's voting machines and the 2020 election, and Dominion will now seek up to $1.6 billion in damages in a defamation trial. Given the substantial sum involved, if Newsmax loses, the company stated the case "could have a material adverse effect on Newsmax's financial position." The broadcaster previously settled another defamation case brought by Smartmatic, another voting systems vendor, for $40 million. Turning to Trump Media, it has a massive Achilles' heel: A single unidentified customer is responsible for 93% of Q1 advertising revenues. Such a concentration in a single customer leaves Trump Media on unsteady footing. One final consideration is stock valuation. This can be assessed using the price-to-sales ratio (P/S), which tells you how much you're paying for every dollar of revenue a company earned during the trailing 12 months. This metric is commonly used to evaluate stocks for unprofitable businesses, such as Newsmax and Trump Media. Newsmax's P/S multiple is 10 as of June 30, while Trump Media's is nearly 960. This indicates that Newsmax is the better value. Trump Media shares appear to be overpriced, given the sky-high P/S ratio. Considering its revenue growth, shrinking net loss, and superior stock valuation, Newsmax is the clear winner between these two media companies. Even so, given the potential impact of the Dominion trial, you may want to wait until the legal dust settles to consider buying shares. Before you buy stock in Trump Media & Technology Group, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Trump Media & Technology Group wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $722,181!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $968,402!* Now, it's worth noting Stock Advisor's total average return is 1,069% — a market-crushing outperformance compared to 177% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 30, 2025 Robert Izquierdo has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has a disclosure policy. Better Media Stock: Newsmax vs. Trump Media was originally published by The Motley Fool
Yahoo
01-07-2025
- Business
- Yahoo
Why Newsmax Stock Zoomed Almost 14% Higher Today
The rising star of the media world landed on two notable stock indexes that day. Although this was first announced several weeks ago, the shares benefited from "the index effect" on day one. 10 stocks we like better than Newsmax › Newsmax (NYSE: NMAX) reached a notable milestone in its brief existence as a publicly traded company on Monday, and investors reacted by snapping up shares of the stock. It closed the day nearly 14% higher in price, and with that performance absolutely thrashed the S&P 500 index's 0.5% gain. As of Monday, Newsmax is part of both the Russell 2000 and Russell 3000 indexes. At a stroke this makes the media stock a member of both a prominent small-cap equity tracker, as part of the former index, and a component of an index that includes the largest U.S. companies with the latter. Inclusion on (or exclusion from, while we're on the subject) an index has little if no direct effect on a company's operations and fundamentals. However there's the phenomenon of "the index effect," in which stocks can get pops simply from the free publicity and higher visibility that comes with joining a well-known index. To a degree, this is justified. The many index funds that sniff around Russell 2000, Russell 3000, or any one of the many other stock indexes always need to be invested in component stocks. Inclusion automatically makes a company a candidate for such institutional buyers, thereby raising demand for its stock to some extent. While Newsmax is surely glad and proud to be part of the two Russells, I should reiterate and emphasize that this development alone shouldn't sway investors toward or away from the company's stock. It's the fundamentals that ultimately matter, and at the end of the day Newsmax will sink or swim on them. Personally, I'm not captivated by its performance and I wouldn't buy the stock just now, although the business surely has potential. Before you buy stock in Newsmax, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Newsmax wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $713,547!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $966,931!* Now, it's worth noting Stock Advisor's total average return is 1,062% — a market-crushing outperformance compared to 177% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 30, 2025 Eric Volkman has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Why Newsmax Stock Zoomed Almost 14% Higher Today was originally published by The Motley Fool
Globe and Mail
30-06-2025
- Business
- Globe and Mail
Why Newsmax Stock Zoomed Almost 14% Higher Today
Newsmax (NYSE: NMAX) reached a notable milestone in its brief existence as a publicly traded company on Monday, and investors reacted by snapping up shares of the stock. It closed the day nearly 14% higher in price, and with that performance absolutely thrashed the S&P 500 index's 0.5% gain. Maximizing visibility As of Monday, Newsmax is part of both the Russell 2000 and Russell 3000 indexes. At a stroke this makes the media stock a member of both a prominent small-cap equity tracker, as part of the former index, and a component of an index that includes the largest U.S. companies with the latter. Inclusion on (or exclusion from, while we're on the subject) an index has little if no direct effect on a company's operations and fundamentals. However there's the phenomenon of "the index effect," in which stocks can get pops simply from the free publicity and higher visibility that comes with joining a well-known index. To a degree, this is justified. The many index funds that sniff around Russell 2000, Russell 3000, or any one of the many other stock indexes always need to be invested in component stocks. Inclusion automatically makes a company a candidate for such institutional buyers, thereby raising demand for its stock to some extent. Remember what's important While Newsmax is surely glad and proud to be part of the two Russells, I should reiterate and emphasize that this development alone shouldn't sway investors toward or away from the company's stock. It's the fundamentals that ultimately matter, and at the end of the day Newsmax will sink or swim on them. Personally, I'm not captivated by its performance and I wouldn't buy the stock just now, although the business surely has potential. Should you invest $1,000 in Newsmax right now? Before you buy stock in Newsmax, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Newsmax wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $713,547!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $966,931!* Now, it's worth noting Stock Advisor 's total average return is1,062% — a market-crushing outperformance compared to177%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of June 30, 2025
Globe and Mail
30-06-2025
- Business
- Globe and Mail
Newsmax Is Skyrocketing Today -- Is the Stock a Buy Right Now?
Newsmax (NYSE: NMAX) stock is posting big gains in Monday's trading. The media company's share price was up 13.5% as of 12:40 p.m. ET. Meanwhile, the S&P 500 (SNPINDEX: ^GSPC) was up 0.2% at the same point in the daily session. Newsmax is rocketing higher today following the company's inclusion in the Russell 2000 index. As a result of the stock's inclusion, exchange-traded funds (ETFs) and other financial instruments that track the index are now buying shares in order to reflect the new composition. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » The buying action is helping to push Newsmax's valuation higher. Even with today's rally, the stock is down roughly 32% over the last month and 93.5% from its lifetime high. Is Newsmax stock a buy? Newsmax had its initial public offering (IPO) at the end of March and saw its share price soar out of the gate thanks to meme-stock momentum. Despite today's surge, Newsmax's valuation has come down dramatically from where it was earlier in the year -- and the stock looks far more reasonable at current prices. On the other hand, there are still good reasons to think that investing in the company looks risky. While inclusion in the Russell 2000 could create some valuation tailwinds that extend beyond today's pop, investors should keep in mind that the fundamentals of the business haven't changed. At today's roughly $1.9 billion valuation, Newsmax is valued at approximately 11 times last year's $171 million sales. While sales grew roughly 11.6% year over year in the company's first quarter this year, the rate of expansion marked a substantial deceleration from the 26.4% annual revenue growth posted in 2024. The company's net loss did decline substantially in Q1, but the business has still yet to post a profit, and lingering risks related to judgments from outstanding civil suits involving the company could result in substantial adverse cash hits. Newsmax stock is no longer outrageously overvalued and could deliver substantial upside if the business demonstrates progress along key lines, but shares still look risky. Should you invest $1,000 in Newsmax right now? Before you buy stock in Newsmax, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Newsmax wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $713,547!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $966,931!* Now, it's worth noting Stock Advisor 's total average return is1,062% — a market-crushing outperformance compared to177%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of June 30, 2025
