Trump SPAC DWAC on Watch Following Indictment
Wall Street Breakfast
Seeking Alpha
4.1 • 1K Ratings
🗓️ 9 June 2023
⏱️ 6 minutes
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Transcript
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| 0:00.0 | Welcome to Seeking Alpha's Wall Street breakfast, where we cover the top news for investors every morning. |
| 0:07.0 | Good morning, it is finally Friday. Today is June 9th, and I'm your host Julie Morgan. The Trump's back is on watch |
| 0:14.5 | after the former president is indicted in a classified documents case. Tesla's |
| 0:19.4 | supercharger network has in a sense become even more powerful and Cientra skyrockets after an FDA approval. |
| 0:27.0 | Here's what's making headlines today. |
| 0:30.0 | Adding to the latest drama surrounding the 2024 presidential race, |
| 0:34.0 | Donald Trump has been indicted on seven counts |
| 0:36.6 | in a criminal case brought by the Justice Department. |
| 0:39.4 | This marks the first time a former president |
| 0:41.8 | has faced federal criminal charges. |
| 0:44.0 | The council is said to include willfully retaining classified documents under the Espionage Act, |
| 0:49.8 | as well as conspiracy, false statements, and obstruction of justice. |
| 0:54.0 | The indictment is sealed for now. |
| 0:56.2 | Trump was already indicted in a separate case back in April. |
| 0:59.8 | He will appear in court in Miami on Tuesday. |
| 1:02.6 | Digital World Acquisition, the firm seeking to merge with Trump's media company |
| 1:07.3 | that owns the Truth Social App will be on watch today. |
| 1:10.7 | Any big headline surrounding the former president has generally led to movement, though |
| 1:15.5 | DWAC did receive a delisting notice last month from the NASDAQ. |
| 1:21.0 | Pre-market DWAC is up 0.4%. General Motors |
| 1:26.8 | announces a collaboration with Tesla. The Tesla Supercharger |
| 1:30.6 | network will be open to General Motors electric vehicles starting in 2024. |
... |
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