Shares of Trump Media & Technology Group (NASDAQ: DJT) soared 8.58% in a 24-hour period, reaching new heights as investors reacted to a series of positive developments. The company, closely associated with former President Donald Trump, saw its stock price climb on the back of international expansion news and a significant policy announcement.

The rally was primarily fueled by former President Trump's announcement of a 90-day pause on tariffs for some countries. This news, shared via Truth Social, the company's own social media platform, was well-received by investors who interpreted it as a potential boost for the business environment. Additionally, Trump Media & Technology Group revealed that its Truth+ TV streaming apps are now available in Canada and Mexico, marking a significant step in the company's international expansion strategy. TMTG CEO and Chairman Devin Nunes expressed enthusiasm about the move, stating, "Truth Social and Truth+ are now fully open for business in Canada and Mexico. We hope our northern and southern neighbors will enjoy a refuge from Big Tech corporations, monotonous news channels, and woke TV shows and movies."

Adding to the bullish sentiment, pre-earnings options activity in Trump Media stock showed heightened interest among investors. Options volume was reported to be 1.8 times the normal level, with calls leading puts 19:6. This increased activity suggests that the market is anticipating significant movement in the stock price following the upcoming earnings report. As Trump Media & Technology continues to expand its reach and influence, investors appear to be betting on the company's potential for growth and its ability to capitalize on its unique position in the media and technology landscape.