The Damage Report
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Trump Suffers MAJOR Humiliation As Truth Social Plummets After Financial Plan Backfires
Posted
August 16, 2026
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4:32Now PlayingDonald Trump faces humiliating loss as his company that Truth Social is under is forced to report colossal loses with Truth Social stock tanking after the company tried to change business tactics and it backfired massively. John Iadarola and David Shuster break it down on The Damage Report. Leave a comment with your thoughts below!
Read more here:
Trump’s Truth Social Plunges Into Humiliating Loss
"President Donald Trump’s carefully cultivated image as a master businessman has taken another hit after his media company revealed nine-figure losses.
Trump Media & Technology, the parent company of Truth Social, reported a $238 million loss for the three months through June, more than 10 times the loss from a year earlier, according to the Associated"
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