Trump Supreme Court Immunity Ruling Makes Him 'Proud To Be An American': Critics Argue He Is Now Above The Law, Pelosi Says 'Insult To The Vision Of Our Founders'
Portfolio Pulse from Chris Katje
The U.S. Supreme Court granted former President Donald Trump partial immunity for actions committed while in office, sparking mixed reactions. The ruling, which came ahead of the 2024 election, means cases against Trump related to his presidential duties may be delayed until after the election. Critics argue this places Trump above the law, while supporters see it as a victory for presidential powers.
July 01, 2024 | 10:12 pm
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Trump Media & Technology Group (NASDAQ:DJT) saw increased activity on its platform Truth Social following the Supreme Court ruling granting Trump partial immunity. Trump's positive reaction and increased engagement on the platform could boost user activity and investor interest.
Trump's positive reaction to the ruling and his active use of Truth Social to communicate with supporters could drive higher user engagement on the platform. This increased activity may attract more investors to DJT, potentially boosting its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80