Trump discloses more than 1,100 July trades, including up to $25 million each in sales of Microsoft, Amazon
Trump sold tech stocks including Amazon and Microsoft when the Mag 7 stocks popped on July 20, adding $291 billion in market value in one day.
Donald Trump disclosed over 1,100 trades made in July, including sales of up to $25 million each in Microsoft and Amazon stocks. According to CNBC Technology, Trump sold tech stocks, including Amazon and Microsoft, on July 20, when the "Mag 7" stocks gained $291 billion in market value in one day.
The deals and sales come as tech companies continue to make significant investments and acquisitions. For example, Cognex acquired RealSense, a robotics and computer vision company spun out of Intel, in a deal valued at approximately $600 million.
Amazon Web Services also made a significant deal with Nvidia, committing to over 3 million Nvidia GPUs, with deliveries expected to start this quarter. The deal includes 2 million additional Blackwell Ultra, Rubin, and Rubin Ultra GPUs to be deployed across AWS's global infrastructure in 2027 and 2028, on top of over 1 million Nvidia GPUs committed to in March.
Brief written by urgent.news from CNBC Technology, Techmeme, TechRadar — 3 reports on this story. Machine-written — may contain errors; check the original before relying on it.
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