US media: Trump promoted related companies on "Truth Social" platform just days after purchasing their stocks

Odaily Planet Daily News: Last year, US President Donald Trump announced "very significant and exciting news" on the "Truth Social" platform. At the time, computer chip manufacturing giant Nvidia (NVDA.O) had just announced plans to build an artificial intelligence supercomputer 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 purchased between $200,000 and $500,000 worth of the company's stock. A CNN investigation found that days after purchasing stocks in over 20 companies, Trump promoted these companies on his Truth Social account—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 aimed at benefiting the American public. The White House said that all of the president's stock transactions were handled by external financial managers, and Trump and his family had no control over specific trades. (CNN)