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Trump Has Done More Than 3,700 Trades In Q1 Including Nvidia

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Trump Has Done More Than 3,700 Trades In Q1 Including Nvidia

Imesh Ranasinghe

Imesh Ranasinghe

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Catenaa, Saturday, May 16, 2026- US President Donald Trump has done more than 3,700 trades in stocks such as Nvidia, Oracle, and Boeing in the first quarter, worth tens of millions of dollars.

Trump’s financial disclosures show the President bought at least $1 million each in companies, including Nvidia, Oracle, Microsoft, Boeing, and Costco Wholesale. 

Other trades involved eBay, Abbott Laboratories, Uber Technologies, AT&T, and discount store Dollar Tree.

The transactions, spelled out in more than 100 pages of documents filed Thursday with the US Office of Government Ethics, list purchases and sales in broad ranges, making it hard to calculate an exact value. 

But the volume of trading, more than 40 per day over three months, stands out as much as the potential dollar value.

The disclosure reignites conflict-of-interest concerns that have shadowed Trump’s terms in the White House. Critics have regularly accused him of mixing his official duties with his business interests. 

Unlike his predecessors, Trump didn’t divest or move his assets into a blind trust with an independent overseer. His sprawling business empire is managed by two of his sons and operates in several areas that intersect with presidential policy.

At the same time, Trump’s son-in-law Jared Kushner helps manage billions in investments for Qatar, Saudi Arabia, and the United Arab Emirates while simultaneously serving as a “volunteer” envoy for the president on issues affecting the war in Iran and the Middle East in general.

The White House dismissed questions about potential conflicts, with spokesman David Ingle saying that Trump “only acts in the best interests of the American public.” He added: “There are no conflicts of interest.”

A spokesperson for the Trump Organization earlier said that the president’s holdings are independently managed by third-party financial institutions that have control over all investment decisions, with trades executed through automated processes. 

Trump, his family members, and his company play no role in making transactions, the spokesperson said. They receive no advance notice of trading activity and provide no input, she added.

The trading volume exceeds anything Trump has previously reported. In the fourth quarter of last year, he made 380 transactions, mostly purchases of municipal debt, though he also bought some commercial paper, according to his filings.

He made his first disclosure of asset purchases in August, reporting 690 transactions he had made starting on January 21, 2025, the day after the start of his second term. Those transactions, covering about seven months, totaled at least $103.7 million.

The president’s disclosures spurred questions from some on Wall Street who expressed surprise at the trading volume.

Trump has made several policy moves that affect the publicly listed companies he traded, and he interacts regularly with many of the executives of those firms. 

That includes Nvidia, whose chips, critical to AI development, require US government approval for foreign sales.