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Senators Warren and Schiff Urge SEC to Investigate Truth Social's Wall Street Access Plan

Senators Warren and Schiff Urge SEC to Investigate Truth Social's Wall Street Access Plan

Senators Elizabeth Warren and Adam Schiff have called on the SEC to investigate a subscription model by Trump Media, which offers Wall Street firms early access to President Trump's Truth Social posts. The plan, set to launch by August 1, charges up to $100,000 monthly for real-time access to influential posts. The senators argue this could give wealthy investors an unfair advantage and undermine market integrity. They have requested the SEC to analyze the plan's compliance with insider trading and market manipulation laws.
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US Democratic lawmakers press SEC to probe Trump Media's fast feed

US Democratic lawmakers press SEC to probe Trump Media's fast feed

By Chris Prentice NEW YORK, July 29 (Reuters) - Democratic senators Elizabeth Warren and Adam Schiff on Tuesday asked the U.S. securities regulator to probe whether Truth Social parent Trump Media's plan to sell early access to President Donald Trump's social media posts breaks the law, according to
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Warren and Schiff Call for SEC Investigation into Trump Media's Truth Social Service

Warren and Schiff Call for SEC Investigation into Trump Media's Truth Social Service

Senators Elizabeth Warren and Adam Schiff have requested the U.S. Securities and Exchange Commission (SEC) to investigate Trump Media & Technology Group's new service, which offers faster access to President Trump's Truth Social posts. The senators argue that this service could constitute an abuse of the President's office for personal gain, potentially violating laws against insider trading and market manipulation. The service, set to launch on August 1, is reportedly priced at up to $100,000 per month and targets high-ranking Truth Social accounts.
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Democratic Senators Urge SEC Investigation into Trump Media's Truth API Sale

Democratic Senators Urge SEC Investigation into Trump Media's Truth API Sale

Democratic Senators Elizabeth Warren and Adam Schiff have called on the U.S. Securities and Exchange Commission (SEC) to investigate Trump Media's plan to sell early access to President Trump's social media posts via the Truth API. The senators argue that this move could constitute an abuse of presidential power for personal gain, potentially undermining market integrity and investor confidence. Trump Media plans to charge up to $100,000 per month for access to posts from top Truth Social accounts, including Trump's, raising concerns about insider trading and ethical implications.
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Coinbase beats much of customer lawsuit over US token sales

Coinbase beats much of customer lawsuit over US token sales

By Jonathan Stempel NEW YORK, July 30 (Reuters) - Coinbase won the dismissal on Thursday of much of a lawsuit in which customers accused the largest U.S. cryptocurrency exchange of illegally selling securities without registering as an exchange or broker-dealer.
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White House Teleprompter Operator Accused of Insider Betting No Longer Employed

White House Teleprompter Operator Accused of Insider Betting No Longer Employed

Gabriel Perez, a White House teleprompter operator, is no longer employed by the federal government following allegations of insider betting on prediction markets. Perez reportedly used his position to place bets on President Trump's speeches, earning over $100,000. The White House confirmed Perez was placed on unpaid leave after the allegations surfaced. The case has drawn attention to the growing prediction market industry, which allows users to bet on public events. The Commodity Futures Trading Commission is involved in investigating the matter, highlighting regulatory challenges in this emerging market.
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Nasdaq falls as AI worries mount ahead of pivotal earnings

Nasdaq falls as AI worries mount ahead of pivotal earnings

By Johann M Cherian and Ragini Mathur July 28 (Reuters) - The Nasdaq fell on Tuesday, mirroring a cautious mood across global markets toward AI chip stocks on concerns about hefty corporate spending and rising Chinese competition, ahead of earnings from some of the biggest companies on Wall Street.
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S&P and Nasdaq dip as investors focus on tech earnings

S&P and Nasdaq dip as investors focus on tech earnings

By Sinéad Carew and Noel Randewich July 27 (Reuters) - Wall Street dipped on Monday, as investors worried that stubbornly high oil prices could force the Federal Reserve to raise interest rates, as they also awaited guidance from major technology companies in a busy week for quarterly earnings.
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Wall Street ends mixed as investors focus on tech earnings

Wall Street ends mixed as investors focus on tech earnings

By Sinéad Carew and Noel Randewich July 27 (Reuters) - Wall Street ended mixed on Monday, as investors awaited guidance from major technology companies in a busy week for quarterly earnings, while also worrying that stubbornly high oil prices could force the Federal Reserve to raise interest rates.
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Sei Investments Co. Increases Stake in Samsara Inc., Reflecting Institutional Confidence

Sei Investments Co. Increases Stake in Samsara Inc., Reflecting Institutional Confidence

Sei Investments Co. Increases Stake in Samsara Inc., Reflecting Institutional Confidence
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Nasdaq futures slide as AI worries mount ahead of pivotal earnings

Nasdaq futures slide as AI worries mount ahead of pivotal earnings

By Johann M Cherian and Ragini Mathur July 28 (Reuters) - Nasdaq futures fell on Tuesday, mirroring a cautious mood across global markets toward AI chip stocks on concerns about hefty corporate spending and rising Chinese competition, ahead of earnings from some of the biggest companies on Wall
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Nasdaq set for lower open as AI worries mount ahead of pivotal earnings

Nasdaq set for lower open as AI worries mount ahead of pivotal earnings

By Johann M Cherian and Ragini Mathur July 28 (Reuters) - The Nasdaq was set to open lower on Tuesday, mirroring a cautious mood across global markets toward AI chip stocks on concerns about hefty corporate spending and rising Chinese competition, ahead of earnings from some of the biggest companies