Trump Files Revised Defamation Lawsuit Against WSJ
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 51 minutes ago
0mins
Source: seekingalpha
- Lawsuit Resumption: Trump filed a revised lawsuit against The Wall Street Journal on Wednesday, alleging defamation over an article regarding a birthday letter to sex offender Jeffrey Epstein, indicating his strong dissatisfaction with media coverage.
- Judge's Ruling: U.S. District Judge Darrin Gayles dismissed Trump's original lawsuit, stating it failed to sufficiently allege 'actual malice,' which requires proof that the media knowingly published false information, thus necessitating a stronger legal argument from Trump.
- Media Pressure: This lawsuit is one of several Trump has initiated against news organizations in his personal capacity, with critics suggesting it reflects a broader campaign to exert pressure on the media, potentially impacting press freedom.
- Card Authenticity Dispute: Trump and his lawyers assert that the birthday card mentioned in the article is fake, despite its release by lawmakers investigating Epstein's case, highlighting Trump's intense struggle to maintain his public image.
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Analyst Views on NWS
About NWS
News Corporation is a diversified media and information services company. Its Digital Real Estate Services segment consists of the Company's interest in REA Group and Move. REA Group is a digital media business specializing in property and property-related services on its Websites and mobile apps. Move is a provider of digital real estate services in the United States and primarily operates Realtor.com, a real estate information, advertising and services platform, its referral-based services, online tools and services to do-it-yourself landlords and tenants. Its Dow Jones segment includes Dow Jones, a global provider of news and business information, which distributes its content and data through a variety of media channels. Its Book Publishing segment consists of HarperCollins, a consumer book publisher with operations in 15 countries. Its News Media segment consists of News Corp Australia, News UK and the New York Post and includes The Australian, The Daily Telegraph, among others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Judge's Ruling: U.S. District Judge Darrin Gayles dismissed Trump's original lawsuit, stating it failed to sufficiently allege 'actual malice,' which requires proof that the media knowingly published false information, thus necessitating a stronger legal argument from Trump.
- Media Pressure: This lawsuit is one of several Trump has initiated against news organizations in his personal capacity, with critics suggesting it reflects a broader campaign to exert pressure on the media, potentially impacting press freedom.
- Card Authenticity Dispute: Trump and his lawyers assert that the birthday card mentioned in the article is fake, despite its release by lawmakers investigating Epstein's case, highlighting Trump's intense struggle to maintain his public image.
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- Shifting International Demand: In Q1 2026, international home shoppers accounted for 1.6% of online demand on Realtor.com®, up from 1.2% in Q1 2020, indicating a gradual market recovery, particularly with rising interest in Sun Belt markets.
- Miami's Dominance: Miami remains the top U.S. destination for international buyers, capturing 10.3% of all international online views, reflecting its strong appeal among global homebuyers, especially high-net-worth individuals.
- Declining Appeal of Los Angeles: Los Angeles has seen its share of international online views drop from 7.9% in 2020 to 4.6% in 2026, indicating a loss of competitiveness primarily due to soaring insurance costs and tax burdens that deter wealthy buyers.
- Canadian Buyers' Cautious Return: In Q1 2026, Canadian buyers represented 37.8% of international traffic, down from 41.8% in 2024, but showing signs of cautious re-engagement, particularly in Sun Belt and Southwest markets where demand has notably increased.
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- Lawsuit Resumption: Trump filed a revised lawsuit against The Wall Street Journal on Wednesday, alleging defamation over an article regarding a birthday letter to sex offender Jeffrey Epstein, indicating his strong dissatisfaction with media coverage.
- Judge's Ruling: U.S. District Judge Darrin Gayles dismissed Trump's original lawsuit, stating it failed to sufficiently allege 'actual malice,' which requires proof that the media knowingly published false information, thus necessitating a stronger legal argument from Trump.
- Media Pressure: This lawsuit is one of several Trump has initiated against news organizations in his personal capacity, with critics suggesting it reflects a broader campaign to exert pressure on the media, potentially impacting press freedom.
- Card Authenticity Dispute: Trump and his lawyers assert that the birthday card mentioned in the article is fake, despite its release by lawmakers investigating Epstein's case, highlighting Trump's intense struggle to maintain his public image.
See More
International Home Buying Demand Shifts as Canadian Interest Recovers
- Rising International Demand: In Q1 2026, international home shoppers accounted for 1.6% of online demand on Realtor.com®, up from 1.2% in Q1 2020, indicating a gradual recovery in the international market, particularly with Miami attracting 10.3% of international online views as the top destination.
- Declining Appeal of Los Angeles: Los Angeles saw its share of international online views drop from 7.9% in Q1 2020 to 4.6% in Q1 2026, reflecting a loss of competitiveness due to skyrocketing insurance costs and high tax burdens, which have diminished its allure for wealthy international buyers.
- Canadian Buyers Re-engaging: Despite the impact of U.S. tariffs, Canadian home shoppers accounted for 37.8% of international traffic in Q1 2026, indicating a cautious re-engagement trend, although this remains below the pre-tariff level of 41.8% in Q1 2024, suggesting incomplete recovery.
- Sun Belt Markets Benefiting: Canadian interest in Sun Belt and Southwest markets surged, with Cape Coral and Naples seeing 71.0% and 70.9% of their international demand from Canada, respectively, highlighting the enduring appeal of these regions' affordability and warm climate to international buyers.
See More
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- Diverse Revenue Streams: According to the latest S1 filing, SpaceX's 'Space' and 'Connectivity' segments generated over $4 billion in revenue in 2025, showcasing its strong market position in rocket launches and satellite internet services.
- Industry Classification Challenges: Given SpaceX's involvement in multiple sectors, MSCI and S&P face complexities in determining its final industry classification, which could place it in either the Communication Services or Industrials sector, impacting its appeal to investors.
- Future Growth Potential: Musk indicated that future AI computing will rely on solar-powered satellites in space, and SpaceX's innovative approach to data centers could enable it to achieve lower operational costs over time, thereby securing a more advantageous position in the market.
See More
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- Contract Signings Surge: In April 2026, contract signings rose 4.5% year-over-year, marking the highest level in three years, indicating a significant increase in market activity as sellers priced homes competitively to attract buyers, driving market dynamics.
- New Listings Rebound: New listings increased by 1.4% year-over-year and are 22% above the 2023 trough, reflecting a recovery in seller confidence and an improving supply-demand relationship, suggesting that sales data will show improvement in the coming months.
- Market Activity Disparities: Among the top 50 metros, 34 have seen year-over-year increases in contract signings, particularly in Midwestern cities like Kansas City and Louisville, showcasing strong market momentum and reflecting the potential for regional economic recovery.
- Impact of Price Adjustments: Despite a 2.4% year-over-year decline in the national median price per square foot, sellers have reduced the need for subsequent price cuts by pricing realistically from the outset, indicating market recognition of pricing realism and encouraging buyer re-engagement.
See More
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- Contract Signing Growth: In April 2026, contract signings increased by 4.5% year-over-year, marking the highest level in three years, indicating a resurgence in market activity as competitively priced listings attracted buyers, driving market dynamics.
- New Listings Performance: New listings rose by 1.4% year-over-year and were 22% above the 2023 trough, demonstrating that sellers are pricing realistically, which has encouraged buyer engagement and facilitated market recovery.
- Market Activity Analysis: Among the top 50 metros, 34 have seen year-to-date contract signings increase, reflecting widespread market recovery, particularly in the Midwest, with significant growth in contract signings in cities like Kansas City and Louisville.
- Pricing Adjustment Trends: The national median list price per square foot fell by 2.4% year-over-year, yet the share of listings with price cuts also decreased, indicating that sellers are adopting more realistic pricing strategies, thereby reducing the need for subsequent price reductions and promoting healthy market development.
See More
