President Donald Trump purchased shares in 21 companies within a week before posting positive messages about them on Truth Social, according to a CNN investigation. This report highlights potential conflicts of interest linked to his trading activities.
Details of Trump's Trades
Over a period of one week, Trump executed at least 44 trades, with notable investments including between $200,000 and $500,000 in Nvidia stock. Shortly after this investment, he publicly endorsed the company's plans for AI supercomputers in the United States. In an April 15 post, he further promised to expedite necessary permits for Nvidia and similar companies.
The transactions come amid a backdrop of over 21,000 financial dealings disclosed by Trump in his 2025 financial report, which was released last month. CNN noted that while Trump frequently posts about major corporations over 6,000 times last year his trading activity does not always align with these posts, as he made 17 purchases of companies he later criticized, including Comcast and Microsoft.
The White House has denied any allegations of conflict of interest, asserting that Trump's investments are managed in fully discretionary accounts overseen by independent institutions. White House spokesperson Anna Kelly stated that "President Trump only acts in the best interests of the American public … There are no conflicts of interest."
Implications of Truth Social's Functionality
In addition to these trading concerns, Trump Media plans to provide Wall Street with faster access to Truth Social posts. The new Truth API, set to launch on August 1, aims to deliver posts from key accounts at an accelerated speed, allowing paying firms to react more quickly than the general public. This development raises further questions regarding potential conflicts of interest given Trump's family ties to the company.
This material is informational and does not constitute financial advice.
