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

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

Senators Elizabeth Warren and Adam Schiff have requested the U.S. Securities and Exchange Commission (SEC) to investigate Trump Media's plan to sell early access to President Trump's Truth Social posts. The plan involves a paid data feed that offers trading firms the fastest access to posts from the most influential accounts on Truth Social, including President Trump's. The senators argue that this could lead to market manipulation and insider trading, as Trump's posts have previously influenced stock prices. The SEC has acknowledged receipt of the letter but has not commented further.
Reuters Reuters
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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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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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.
TheStreet TheStreet
Micron’s CEO sold big last week. Was it a warning sign?

Micron’s CEO sold big last week. Was it a warning sign?

Every investor has felt this jolt. A stock is sliding, and then an executive’s name shows up in a regulatory filing next to a stock sale. The instinct is to assume leadership knows something the market does not. Micron Technology CEO Sanjay Mehrotra just handed shareholders that exact moment. He ...
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SEC Inquiry into Agentic Trading Raises Investor Protection Concerns

SEC Inquiry into Agentic Trading Raises Investor Protection Concerns

SEC Inquiry into Agentic Trading Raises Investor Protection Concerns
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Taiwan Semiconductor VP Increases Stake with Purchase of 1,000 Shares

Taiwan Semiconductor VP Increases Stake with Purchase of 1,000 Shares

Taiwan Semiconductor VP Increases Stake with Purchase of 1,000 Shares
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Shein Files Draft Prospectus for Hong Kong IPO Amid Trade Challenges

Shein Files Draft Prospectus for Hong Kong IPO Amid Trade Challenges

Shein Files Draft Prospectus for Hong Kong IPO Amid Trade Challenges
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Adelante Capital Management LLC Reduces Stake in Prologis, Inc., Impacting Investment Portfolio

Adelante Capital Management LLC Reduces Stake in Prologis, Inc., Impacting Investment Portfolio

Adelante Capital Management LLC Reduces Stake in Prologis, Inc., Impacting Investment Portfolio
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Lt. Governor Peggy Flanagan Gains Support in Senate Race Amidst Pro-Craig Spending Backfire

Lt. Governor Peggy Flanagan Gains Support in Senate Race Amidst Pro-Craig Spending Backfire

Lt. Governor Peggy Flanagan is leading the Democratic primary for the U.S. Senate in Minnesota, according to a new Public Policy Polling survey. Flanagan has widened her lead over Angie Craig to 46% against 32%, doubling her previous advantage. This surge comes despite significant financial backing for Craig from outside groups, including $20 million from pro-Craig entities. Flanagan's campaign is supported by prominent Democratic figures such as Senators Elizabeth Warren and Bernie Sanders, and Rep. Ilhan Omar. The poll reflects a strong disapproval of President Trump among likely Democratic voters, with 94% expressing dissatisfaction.
Reuters Reuters
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.
Reuters Reuters
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.