- Truth Social, Donald Trump's social media platform, is launching a service offering Wall Street traders exclusive early access to his posts, sparking concerns over market manipulation.
- The Truth API service, set to launch Saturday, aims to provide high-frequency traders with market-moving information from Trump's online pronouncements ahead of the general public at a reported $100,000 price tag.
- Critics, including Irene Aldridge of Able Alpha Trading and Joe Saluzzi of Themis Trading, condemn the service as unethical, potentially disadvantaging retail investors and likening it to insider trading.
- Donald Trump's posts frequently influence financial markets, with past examples including threats on tariffs and praise for companies like Palantir and Intel causing significant stock fluctuations.
- The service could substantially increase revenue for Trump Media, which has reported significant losses, and has drawn criticism from political figures like Senator Elizabeth Warren, who has called for investigations.
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