Trump Media & Technology Group's share value surged following the announcement it's expanding into financial services.

Shares of Trump Media and Technology Group surged Wednesday morning after the president's media company announced its first move into the world of financial services.

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Truth Social owner Trump Media & Technology Group announced Wednesday it plans to expand into financial services and potentially buy bitcoin and other cryptocurrencies.

The operator of the social media platform Truth Social and video-streaming platform will add financial services and FinTech ...