President Donald Trump purchased shares of AI software company Palantir Technologies weeks before publicly endorsing the stock on his Truth Social platform, according to financial disclosure records released this week by the U.S. Office of Government Ethics.
The documents show Trump made between $247,008 and $630,000 worth of Palantir purchases during the first quarter of 2026. In March alone, he made at least seven separate purchases of the stock totaling as much as $530,000.
The following month, Trump praised Palantir on Truth Social by name and ticker symbol as shares were experiencing their worst week in more than a year, a stretch during which the software selloff accelerated amid the Iran war and famed short-seller Michael Burry had taken aim at the company.
“Palantir Technologies (PLTR) has proven to have great war fighting capabilities and equipment,” Trump wrote on the platform at the time. “Just ask our enemies!!!”
The OGE filings also show Trump sold as much as $5 million worth of Palantir on Feb. 10, with several additional sales of the stock made over roughly the following two weeks.
He bought up to $5 million of stock in Dell Technologies ($DELL) on February 10th. It has risen 96% since then.
He bought stock in Intel ($INTC) on March 2nd. It has risen 150% since then.
Several disclosed trades occurred before later administration actions, trade negotiations, or corporate developments tied to AI, defense, crypto, and brokerage markets.
To the best of our knowledge, this is the first time Trump has actively traded individual stock while in office.
Nvidia purchases were made before CEO Jensen Huang joined Trump’s China trip, where AI chip exports and semiconductor policy were expected to be discussed.
Robinhood purchases happened while investors are paying attention close to the administration-backed Trump Accounts program, where Robinhood is serving as brokerage and initial trustee.
Palantir, GE Aerospace, Boeing, and other defense-linked purchases happened while there is heightened defense-sector focus tied to the Iran conflict and expanding Pentagon procurement plans.
Coinbase and Robinhood trades also stand out as the administration advances crypto and retail-investing policy initiatives.
Intel, SanDisk, Dell, and other semiconductor or AI-infrastructure names were made ahead of renewed U.S.-China trade negotiations and AI supply-chain announcements.
Retired, living in the Scottish Borders after living most of my life in cities in England. I can now indulge my interest in all aspects of living close to nature in a wild landscape. I live on what was once the Iapetus Ocean which took millions of years to travel from the Southern Hemisphere to here in the Northern Hemisphere. That set me thinking and questioning and seeking answers.
In 1998 I co-wrote Millennium Countdown (US)/ A Business Guide to the Year 2000 (UK) see https://www.abebooks.co.uk/products/isbn/9780749427917
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