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Trump Media Faces Financial Challenges Amid Stock Market Turmoil

 
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Trump Media's financial struggles impact stock market performance and investors.

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In recent news, Trump Media, whose majority shareholder is former President Donald Trump, expects to incur operating losses for the foreseeable future, leading to concerns among investors and analysts. The media company's financial challenges come at a time when the stock market is experiencing volatility, with major indexes such as the 30-stock Dow and the S&P 500 ending Monday's session lower.

Amidst this backdrop of uncertainty, Chipotle CFO Jack Hartung explains why the chain announced a massive stock split in an interview with CNBC's Jim Cramer. The move is seen as a strategic decision to attract more investors and boost the company's stock performance.

At the same time, Donald Trump and the parent company of Truth Social are already under scrutiny for the payment schedule, raising questions about the financial stability of Trump Media and its affiliated companies. This report is from today's CNBC Daily Open, our new, international markets newsletter, which brings investors up to speed on the latest developments in the global economy.

In the financial markets, Rubrik filed to go public on the New York Stock Exchange, becoming the latest tech company to test investor appetite for new offerings. This move reflects the ongoing trend of tech companies seeking to capitalize on the current market conditions.

Meanwhile, gold prices scaled to another record high Monday, propelled by U.S. interest rate cut expectations and the metal's appeal as a safe haven. This development underscores the importance of monitoring economic indicators and geopolitical events that impact the financial markets.

Inflation rose in line with expectations in February, according to the Fed's favorite inflation measure. Disney executive Dana Walden is a key figure in navigating the company's response to inflationary pressures and market dynamics.

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