Why Trump Media & Technology Group Corp. (DJT) Went Up On Wednesday

We recently published a list of These 10 Firms Topped Wednesday’s Trading. In this article, we are going to take a look at where Trump Media & Technology Group Corp. (NASDAQ:DJT) stands against other firms that topped Wednesday’s trading.

Wall Street’s major indices rebounded anew on Wednesday as worries about tariff policies and the Federal Reserve’s independence tapered off after President Donald Trump assured that he had no intentions of ousting Jerome Powell.

The Nasdaq surged by 2.5 percent, the S&P 500 rose by 1.67 percent, while the Dow Jones increased by 1.07 percent.

Ten companies mirrored the broader market optimism as optimistic investors resumed pouring funds into their stocks. In this article, we have identified Wednesday’s 10 best-performing stocks during the intra-day trading and detailed the reasons behind their strong performance.

To come up with the list, we considered only the stocks with more than $2 billion in market capitalization and $5 million in intraday trading volume.

Trump Media & Technology Group Corp. (NASDAQ:DJT)

Trump Media extended its winning streak for a fourth straight day on Wednesday, adding 13.27 percent at intra-day trading before closing the session up by 11.54 percent at $26.38 apiece following announcements that the company will launch its own exchange-traded fund under its financial technology arm Truth.Fi.

Earlier this week, DJT said it partnered with Crypto.com and Yorkville America Digital to launch the ETFs.

The ETFs will be accessible on Crypto’s broker-dealer, Foris Capital LLC, and are expected to include digital assets along with securities that align with the made-in-America approach, covering various industries such as energy.

The initiative remains pending regulatory approval and is expected to be launched later this year. They will be available globally, including the US, Europe, and Asia, across existing platforms and brokerage firms.

Overall, DJT ranks 3rd on our list of firms that topped Wednesday’s trading. While we acknowledge the potential of DJT as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than DJT but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure: None. This article is originally published at Insider Monkey.