American market maker and liquidity provider
US markets rally as the Dow climbs, but chipmakers drop after earnings; CrowdStrike and Broadcom move markets with mixed results as AI momentum faces a pullback.
Apollo Global Management is in talks to back the Yankees with a debt-heavy financing package worth about $3 billion, as the franchise seeks to refinance obligations and fund expansion. The deal would mark Apollo’s largest US sports investment and underscores the growing financial heft of professional sports.
Trump Media & Technology Group has launched Truth API, a paid, licensed data feed offering real-time Truth Social posts to traders. The service targets high-frequency firms and could reach up to $100,000 a month, prompting questions about market integrity as lawmakers and regulators weigh potential insider trading risks. The RESPONDING outlets note Trump’s stake and platform influence while officials call for SEC review.
The Trump Truth Social service will provide early access to posts for Wall Street traders, raising questions about insider trading, market-moving information, and the fairness of rapid data feeds.
Truth API has launched a real-time data feed for Truth Social posts to institutional clients, enabling near-instant access for high-frequency traders. Several outlets report on its revenue ambitions, potential market impact, and regulatory scrutiny as investors watch how this service shapes trading dynamics.
The Intercept and Freedom of the Press Foundation have sued in federal court to block Truth Social’s Truth API, arguing the paid feed gives traders preferential access to the president’s market-moving posts and that selling prioritized access to official announcements violates the First and Fifth Amendments. Trump Media says the product is standard industry practice; the company has already signed institutional customers and reported large quarterly losses.
The Times of Israel reports Team8 has secured a fresh funding round led by global investors, expanding its assets to nearly $2 billion. The third venture fund will invest in Israeli-founded AI startups across cybersecurity, software infrastructure, fintech and digital health, with additional dollars allocated to follow-on investments.