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  The Wall Street Journal

  Trump Is in Line for a $3.5 Billion Windfall From Stake in Truth Social

  Donald Trump’s supporters are pushing to hand him a nearly $3.5 billion windfall by driving up the value of his also-ran social-media platform, which is on the cusp of getting approval to list on the stock market. Trump’s winning lottery ticket would come from Truth Social, the social-media platform he launched in 2021. After a twisted path that included tens of millions of dollars in losses and insider-trading convictions, the shell company taking Truth Social public became the market’s latest meme stock.

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  Bloomberg

  Lululemon Sinks After US Consumer Retreat Spurs Weak Outlook

  (Bloomberg) -- Lululemon Athletica Inc. said it has seen a shift in the shopping behavior of its high-end US consumer, which drove a lower-than-expected sales outlook for the first quarter and full year.Most Read from BloombergNY Gears Up to Seize Trump Westchester Assets If Fraud Fine Is UnpaidBaltimore Wants to Sell Hundreds of Vacant Homes for $1 EachYemen’s Houthis Tell China, Russia Their Ships Won’t Be TargetedChina Scrutinizes PwC Role in $78 Billion Evergrande Fraud CaseWhat Happens If T

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  Bloomberg

  Bitcoin Set for One of Worst Weeks in 2024 as ETF Demand Falters

  (Bloomberg) -- Bitcoin has peeled back more than 10% from its all-time high as the appetite for fledgling spot Bitcoin exchange-traded funds moderates. JPMorgan Chase and Co. strategists warned the retreat has room to run.Most Read from BloombergNY Gears Up to Seize Trump Westchester Assets If Fraud Fine Is UnpaidBaltimore Wants to Sell Hundreds of Vacant Homes for $1 EachYemen’s Houthis Tell China, Russia Their Ships Won’t Be TargetedChina Scrutinizes PwC Role in $78 Billion Evergrande Fraud Ca