Trump traded over $50 million in 'Magnificent 7' stocks last quarter, loading up on Apple and Google and selling Tesla
- Published
- Source
- YahooFinance
Former President Donald Trump engaged in significant trading activity involving the so-called "Magnificent Seven" tech stocks during the first quarter of 2026, according to a recent ethics disclosure. The report reveals that Trump executed 94 trades valued between $50 million and $70 million, including 64 purchases and 30 sales, while actively promoting these companies. Notably, he increased his holdings in Apple and Alphabet, while selling more Tesla shares than he acquired.
The disclosure, which encompasses over 3,700 trades under Trump's name, has raised concerns about potential conflicts of interest, particularly as some transactions occurred close to public announcements regarding the companies. The Trump Organization stated that Trump's account is managed by third-party financial institutions, asserting that neither Trump nor his family influences investment decisions.
Among the notable trades was a purchase of at least $1 million in Nvidia stock on February 10, just before the company announced a strategic partnership with Meta. Additionally, on the same day, Trump sold between $10 million and $50 million in Microsoft and Amazon stock. The nature of many trades, described as "unsolicited," has sparked questions regarding the organization's claims of non-involvement by Trump and his family in the trading process.
Original report
Trump traded over $50 million in 'Magnificent 7' stocks last quarter, loading up on Apple and Google and selling Tesla
YahooFinanceThis briefing is an independently written summary based on publicly available reporting and is provided for industry information and news discovery. The original report and source publication are credited and linked where applicable. RobotToday does not claim ownership of third-party source material.
Rights concerns? Contact [email protected] with the relevant URL and details. We will review the matter and take appropriate action where warranted.
More related news
- 1
- 2
- 3
- 4
- 5
- 6
-
7
ROBOTTODAY Weekly August 10 – 14, 2026 RobotToday · 1 month ago
- 8
-
9
FUTURE WARFARE | The Economics of Attrition RobotToday · 6 months ago
Robotics needs a service framework.
RSF defines a common language for robot service capability, lifecycle operations, certification pathways, and service-provider networks.
Join the RobotToday community on LinkedIn
Daily robotics news, in-depth analysis, conference highlights, and discussions with professionals worldwide.
