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Trump reveals millions of dollars’ worth of share deals in big tech and AI

US President Donald Trump has disclosed millions of dollars’ worth of stock market trades made during July, including in firms from Elon Musk’s SpaceX to tech and AI giants such as Microsoft. According to official documents, between $6.5m (£4.8m) and $31m worth of stock in Microsoft was sold on behalf of Trump, while they show […] The post Trump reveals millions of dollars’ worth of share deals…

Trump reveals millions of dollars’ worth of share deals in big tech and AI

US President Donald Trump has revealed significant stock market trades involving big tech and AI companies in July. Official documents indicate that between $6.5 million and $31 million worth of Microsoft stock was sold, while purchases ranged from $165,000 to $400,000. Over 1,000 trades included Nvidia, Palantir, and SpaceX, among others.

A White House spokesperson stated that Trump's portfolio is independently managed, with no involvement from the president himself. The trades were disclosed amid heightened discussions on AI safety and competition, with Trump opposing government regulation and advocating for the US to lead in AI development.

Written by urgent.news from KBC's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at kbc.co.ke →

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