News
Newsmax Inc. surged 1,800% in two days, reaching a $30 billion valuation, surpassing Fox Corporation. See why I rate NMAX a strong sell.
In 2024, Newsmax generated revenue of $171 million, with $130.7 million of the total stemming from its broadcast operations. The company posted a net loss last year of roughly $72.2 million. If ...
A Delaware judge finds the right-wing network aired false and defamatory statements about Dominion Voting Systems' role in ...
“Newsmax covered both sides of the 2020 election dispute fairly,” a Newsmax spokesperson said in a statement. “At no time did ...
The parties ended up settling before the case went before a jury, with Fox News agreeing to pay $787.5 million to Dominion. How significant could a trial loss be for Newsmax? Dominion is seeking $ ...
A judge in Delaware ruled this week that cable news channel Newsmax aired false and defamatory statements about Dominion ...
The stock soared nearly 180% to close at $233 on Tuesday, building on a 735% surge in its debut session which saw the shares halted multiple times.
“Newsmax covered both sides of the 2020 election ... That’s how Dominion’s similar lawsuit against Fox News ended in 2023, with a record-breaking $787 million agreement.
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