The stock price of Trump Media rises as election betting odds change, and Truth Social introduces a streaming platform.

• The stock price of Trump Media increased by more than 18%, resulting in a significant increase in Donald Trump's net worth.
• The recent surge in election betting markets' odds indicated a shift towards Trump, the Republican presidential candidate, over Harris, the Democratic nominee.
• On Monday, Trump Media unveiled a new website for its in-platform streaming service, Truth+.

On Monday, the stock price of Truth Social closed up more than 18%, resulting in a significant increase in Donald Trump's net worth.

After weeks of favoring Vice President Kamala Harris, multiple online election betting markets started showing a shift in betting odds towards former President Donald Trump, following a recent surge in his support.

On Monday, the surge in Bitcoin's price occurred simultaneously with the launch of Truth+, a new streaming app website by Trump Media.

At its peak, Trump Media's stock was trading above $30 per share, but it closed at $29.95.

In recent trading sessions, the stock has experienced a frenzy of activity, with shares being traded at more than five times the company's 30-day average volume. On Monday alone, over 57 million shares were exchanged.

The odds of a Trump victory in the presidential election, as predicted by contract market Kalshi and prediction trading platforms Polymarket and PredictIt, have been increasing in the past week.

Despite the latest polls showing a neck-and-neck race at the national level and in key swing states, those online gambling platforms that lack methodologically sound data shifted their positions.

Many of Trump Media's retail investors are fans of the former president and are buying and selling the stock to support him or bet on his chances of returning to the White House, according to analysts' long-held suggestions.

Despite having a market capitalization of almost $6 billion, Truth Social has a small user base and generates minimal revenue.

Nearly 57% of the company's stock is owned by Trump, worth approximately $3.4 billion at Monday's closing share price. Trump has pledged not to sell his stake, which accounts for more than half of his net worth, according to Forbes.

On Monday morning, Trump Media announced the launch of a separate website for its in-platform streaming service, Truth+.

The new site provides the "full range" of Truth Social's streaming programming, according to a press release from Trump Media.

The site boasts over 1,000 new movies and series, with exclusive content, and aims to expand Truth+ to iOS devices and other TV-connected platforms, making it impossible for Big Tech to cancel.

The majority of film and TV releases seem to be from several years ago, and almost all of the accessible films are also available on Tubi, a free streaming video platform.

Rewritten sentence: The new AI assistant is designed to help users find information quickly and easily.

An AI-generated slideshow with an AI voiceover and repetitive music track, claiming to be directed by John Smith and written by Michael Smith, is a 40-minute "documentary" on Al Capone.

The article "Al Capone: The Facts About Al Capone" is currently being showcased on the Truth+ site's "Featured content" carousel.