US media: Trump promoted companies on Truth Social just days after buying their stocks

Odaily Planet Daily News: Last year, US President Trump posted "very big and exciting news" on Truth Social. At the time, computer chip manufacturing giant Nvidia (NVDA.O) had just announced plans to build artificial intelligence supercomputers in the United States. In a post to his over 9 million followers on April 15, 2025, Trump promised that "all necessary permits will be expedited and quickly delivered to Nvidia and similar companies."

However, what Trump did not disclose at the time was that just a few days earlier, he had bought between $200,000 and $500,000 worth of the company's stock. A CNN investigation found that Trump purchased stocks in more than 20 companies and promoted them on his Truth Social account just days later—sometimes announcing government actions that could benefit the companies he had just invested in. The White House strongly denied that Trump ever used his position for personal gain, stating that all his actions were for the benefit of the American public. A White House official said that all of the president's stock trades were handled by external financial managers, and that Trump and his family had no control over specific transactions. (CNN)