Trump Bought Stocks in Companies, Then Praised Them Publicly

CNN identified at least 44 instances in which Donald Trump purchased shares in companies weeks before making public statements that could potentially increase their value.

In some cases, the US president spoke favorably about the companies; in others, he announced measures that could improve their financial position. On this basis, the network suggests that Trump may have promoted the interests of businesses in which he had invested.

In particular, the president repeatedly purchased between $250,000 and $500,000 worth of Nvidia shares shortly before posting praise for the company on Truth Social and promising it various forms of preferential treatment, CNN says.

The network’s analysts found similar patterns in transactions involving securities issued by Oracle, Microsoft, Boeing, Costco, Palantir Technologies, American Eagle Outfitters, Tesla, Dell Technologies, Eli Lilly and other companies.

The White House rejects the suggestion that the president is directly involved in selecting assets. It says his investment accounts are managed by outside funds, leaving Trump unaware of which shares are bought or sold on his behalf, or when.