Trump’s wealth dented after Democrats trounce Republicans in midterms
Tradeable investment assets that helped make Donald Trump over $2bn during his first year in office are collapsing in value the day after the Democrats trounced the Republicans in the midterm elections.
Key points
- Corruption in government was high on the minds of US voters as they dealt US President Donald Trump’s party a chastening defeat in midterm elections, toppling Republican strongholds like dominoes and flipping both chambers of Congress.
- Trump Media and Technology Group stock, which trades on the Nasdaq exchange, was priced at just over five dollars Tuesday morning – its lowest mark ever, and down from an all-time high of $101.
- Democrats are riding their sweep of Congress into a new era, eager to meet voter demands for change with plans to tackle high costs of living.
Triumphant Democrats have warned the Trump administration to “lawyer up”; how they go about tackling alleged graft and abuse of power could shape both their own fortunes and the country’s politics.
Additional details
- Trump has reported he owns 114m shares of DJT.
- How will Donald Trump manage to work with them?
- It lost 11% overnight, dropping from $5.90 once the election returns started coming in.
How this summary was made: extractive summary — built from the sources' own reporting. It is drawn only from the reporting of the sources listed below — read the originals for full detail. How we summarize →
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Every article behind this summary — 3 articles from 2 outlets
The Guardian WorldNovember 4, 2026, 8:29 PM UTC →
France 24November 4, 2026, 6:01 PM UTC →
France 24November 4, 2026, 4:24 PM UTC →
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