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US media: After buying shares in relevant companies for several days, Trump promoted the companies on the “Truth Social” platform with “sales-driving” live-stream style endorsements

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Golden Finance reported that on July 16, according to CNN, last year, U.S. President Donald Trump posted a “very major and exciting piece of news” on the Truth Social platform. At the time, the computer chip manufacturing giant Nvidia (NVDA.O) had just announced plans to build an AI supercomputer in the United States. In a post on April 15, 2025 to more than 9 million followers, Trump promised that “all necessary permits will be expedited and quickly delivered to Nvidia and similar companies.” However, what U.S. President Trump did not disclose then was that just a few days earlier, he had purchased shares in the company valued at $200,000 to $500,000. A CNN investigation found that after Trump bought shares in more than 20 companies, he promoted those companies on his Truth Social account—sometimes also announcing government actions that could benefit companies he had just invested in. The White House strongly denied that Trump used his position for private gain and said that all of his actions were intended to benefit the American public. The White House said that all of the president’s stock transactions were carried out by external financial managers, and that Trump and his family had no control over specific transactions.
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