Truth Social, owned by Trump Media & Technology Group, will sell Wall Street firms quicker access to market-moving posts from President Donald Trump, the company said on Thursday.
Market Impact
The president’s posts frequently move markets, from stocks to oil. The new data feed, known as an API, or application programming interface, will be available to institutional customers beginning on August 1.
Competing social networks also sell traders access to their APIs. The feed will license data from the top-ranking Truth Social accounts and delivers posts to customers “in milliseconds,” the company said.
The president’s posts about Iran and the Strait of Hormuz have moved oil markets. His announcements about levying tariffs in the spring of 2025 caused stocks to drop – and then his posts about backing off some tariffs caused them to surge.
Original reporting: KRDO (Colorado Springs metro) — read the source article.
