Trump Media and Rumble stocks drop 5% after higher-than-expected September inflation report

Stocks of speculative social-media companies Trump Media and Rumble fell 5% following a September inflation report that showed consumer prices rising 3.7% year-over-year, above forecasts. The hotter inflation reading raises concerns about delayed Federal Reserve rate cuts, which negatively impacts loss-making companies reliant on retail investors. Trump Media reported a $238 million net loss in Q2 2026 and is awaiting regulatory approval for a merger with TAE Technologies. Meanwhile, Rumble, also unprofitable, saw a revenue decline but user growth. In contrast, Reddit, a profitable platform, declined only 2%. Investors should watch for regulatory updates and Fed signals that could affect these stocks further.

As of Oct 14, 2026 21:42 WIB, Trump Media trades at USD 7.44 on Pluang, down 4.00% in the last day. Reddit shares are priced at USD 152.56, showing a smaller decline of 1.63%. Despite the recent volatility, Trump Media's market cap stands at $2.15 billion, reflecting continued investor interest.