"Biden Campaign To Launch Account On Trump's Truth Social' - Fox News
Portfolio Pulse from Benzinga Newsdesk
The Biden campaign is launching an account on Truth Social, a social media platform owned by former President Trump. The campaign aims to meet voters where they are and combat misinformation about President Biden. The campaign's handle is expected to be @BidenHQ. Truth Social, run by former Rep. Devin Nunes, R-Calif., welcomes the move, stating it is a free, open platform.
October 16, 2023 | 5:34 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
The news is unlikely to have a significant impact on the SPY ETF as it is a broad market indicator and not directly linked to the performance of Truth Social or the Biden campaign.
The SPY ETF tracks the S&P 500 and is not directly influenced by individual companies or political campaigns. Therefore, the Biden campaign's move to join Truth Social is unlikely to have a significant impact on the SPY ETF.
CONFIDENCE 90
IMPORTANCE 20
RELEVANCE 20
POSITIVE IMPACT
The Biden campaign's move to join Truth Social could potentially increase user engagement on the platform, which may positively impact the stock of Digital World Acquisition Corp (DWAC), the SPAC that plans to take Truth Social public.
The Biden campaign's decision to join Truth Social could attract more users to the platform, increasing user engagement and potentially driving up the value of DWAC, the SPAC that plans to take Truth Social public.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80