Data: Financial Modeling Prep, Binance; Chart: Erin Davis/Axios Visuals For years, Truth Social was President Trump's money-losing megaphone. - Now his company is charging Wall Street up to $1.2 million a year for a split-second edge on posts that can — and frequently do — jolt global markets. Why it matters: Trump has transformed his second term into the most lucrative venture of his entire career, raking in more than $2.2 billion in 2025 from his family crypto empire , legal settlements and various licensing deals. - Truth API is the logical endpoint of that profiteering: the presidency's unrivaled power to move markets, packaged and sold as a subscription. Catch up quick: The new real-time feed from Trump Media & Technology…
GOP senators at odds with President Trump are slamming the plan floated by his social media company to sell faster access to the president’s market-moving online posts to wealthy trading firms, which could give them a crucial edge in the financial markets. Trump Media & Technology Group (TMTG), the parent company of Truth Social, announced last week it would launch “Truth API” — a direct data feed that would give investment firms “real-time access to posts from the highest-ranking Truth Social accounts.” Read more: https://thehill.com/homenews/senate/5983678-traders-pay-trump-posts/ #Trump #TruthSocial #Senate #StockMarket #Investment #WhiteHouse #TrumpMedia
Rep. Ritchie Torres (D-N.Y.) has asked the Securities and Exchange Commission to investigate whether plans by Truth Social's parent company to sell Wall Street firms real-time access to President Trump's posts could violate federal securities laws, according to a copy of the letter obtained by Axios. Why it matters: The letter escalates scrutiny of Trump Media & Technology Group's plan to monetize faster access for institutional investors to President Trump's market-moving social posts . Catch up quick: TMTG's new Truth API product, which is slated to debut Aug. 1, will provide real-time access to publicly available posts from the platform's top 10 trending accounts, Axios reported last week. - TMTG executives reportedly pitched the…
Trump has used Truth Social to announce many military operations, policy changes and just to vent over something that has recently angered him. Often it has a direct impact on the stock market.
A Florida judge ruled against President Donald J. Trump’s defamation claim, stating insufficient evidence of malice by the Washington Post in its reporting on Trump Media’s funding sources.
A Florida judge ruled against President Donald J. Trump’s defamation claim, stating insufficient evidence of malice by The Washington Post in its reporting on Trump Media’s funding sources. PULSE POINTS WHAT HAPPENED: A federal judge in Florida dismissed President Donald J. Trump ’s $3.8 billion defamation lawsuit against The Washington Post, ruling that Trump Media and Technology Group (TMTG) failed to provide evidence of actual malice in the Post’s reporting. The lawsuit stemmed from an article alleging questionable funding sources for Trump Media’s Truth Social platform. DETAIL: U.S. District Judge Thomas Patrick Barber granted summary judgment in favor of the newspaper, finding the case could not proceed because TMTG…Open
Both firms stated on Wednesday that they "remain focused" on completing the merger "with the goal of closing the transaction in the fourth quarter of 2026 or sooner."
A federal judge on Monday tossed a defamation lawsuit filed by President Trump against the Wall Street Journal over a story describing a "bawdy" birthday letter bearing the president's name that was reportedly given to Jeffrey Epstein. Why it matters: The ruling maintains the very high bar for proving defamation of public figures in U.S. courts. - It also serves as another example of a high-profile case against the media that the president has lost in his second term. Zoom in: In his ruling , U.S. District Judge Darrin P. Gayles said the complaint "comes nowhere close" to the actual malice standard used to determine whether a high-profile figure has been defamed, and is "Quite the opposite." - Trump's complaint, which details that the…
