US President Donald Trump or his advisers made more than 3,700 stock trades in the first three months of this year. After these revelations, a new investigation has been started against Trump. This level of trading activity has surprised even seasoned Wall Street veterans. As a result, concerns about conflict of interest have again increased in Washington.
Bloomberg first reported the revelations, which detailed millions of dollars of trading activity at some of America’s largest technology, finance, aerospace and media companies. Simply put, between January and March of this year, Trump made an average of more than 40 trades per day. This is a big increase from the previous quarter, when about 380 trades were disclosed in the last three months of 2025. Stock market experts are very surprised by this volume of trading. Speaking to Bloomberg, market expert Matthew Tuttle commented that the volume of these trades is exceptionally high. “It’s almost like a large-scale, algorithm-based hedge fund,” he said.
Which companies did Trump invest in?
The disclosures show that during the quarter, Trump bought at least $1 million worth of shares in companies such as NVIDIA, Oracle, Microsoft, Boeing and Costco. The filing also includes deals involving companies like Amazon, Meta, Uber, eBay, Abbott Laboratories, AT&T and Dollar Tree. One of the most significant announced transactions occurred on February 10, when Trump sold his stakes in Microsoft, Meta and Amazon worth $5 million to $25 million. Additionally, Netflix, Warner Bros. Investments were also identified in companies linked to major media and entertainment deals, such as Discovery and Paramount Global.
Conflicts of interest arising from Trump’s investments!
Many of these companies operate in sectors that are directly affected by U.S. government policies, regulations, and geopolitical decisions. For example, Nvidia requires Washington’s approval to export advanced AI chips to China. Boeing is largely dependent on defense and aerospace contracts tied to the US government. Big tech companies like Microsoft, Amazon, and Meta are increasingly being impacted by antitrust investigations, debates over AI regulation, and federal policy decisions.
What do the critics say? Critics argue that, even if no laws have been broken, such aggressive business activities by a sitting president raise serious concerns about a potential conflict of interest. Unlike many previous US presidents, Trump has not completely divested his business interests or placed them in a traditional “blind trust” — a way in which they are managed independently without family involvement. According to Bloomberg, Trump’s businesses operate in industries that are directly affected by government policy decisions, while his son oversees key parts of the Trump Organization.
Impact of Trump’s statements on the stock market
These new revelations come just months after unusual trading activity in the oil and stock futures markets; This activity gave rise to speculation about ‘inside information’ related to Trump’s public comments on Iran. Earlier this year, reports showed that traders were betting heavily on falling oil prices and a rise in US equity markets — moves that came even before Trump indicated that talks on Iran were making progress. Shortly after these comments, oil prices fell while stocks rose, fueling online speculation and sparking a new debate about the interconnectedness of political information and financial markets. Although no public evidence has emerged directly linking Trump to that particular trade, the incident has raised concerns about how sensitive political developments can affect financial markets.
