Trump Promotes Palantir on Truth Social Following Stock Purchase

• Trump bought Palantir stock worth $247,008 to $630,000 in Q1 2026, with at least seven purchases totaling up to $530,000 in March, before selling up to $5 million on Feb. 10
• In April, Trump publicly endorsed Palantir on Truth Social during the stock's worst week in over a year, writing the company 'has proven to have great war fighting capabilities'
• Trump also made significant Q1 purchases in other tech stocks, including $1-5 million each in Nvidia and software companies during the early 2026 selloff

Summary: Trump Promotes Palantir Following Stock Purchases

President Donald Trump purchased between $247,000 and $630,000 worth of Palantir Technologies stock during Q1 2026, including at least seven transactions in March totaling up to $530,000, according to U.S. Office of Government Ethics records. Trump subsequently promoted the AI software company on Truth Social in April, praising its "great war fighting capabilities" as the stock suffered its worst week in over a year amid a broader tech selloff.

Key Trading Activity:

• Trump bought Palantir shares throughout Q1 2026, with several purchases marked "unsolicited"
• He sold between $1-5 million worth of Palantir on February 10
• The pattern suggests Trump "bought high and sold low" based on stock price movements

Broader Investment Portfolio:

Trump's disclosed trades totaled hundreds of millions of dollars during the quarter, including purchases of:

• Nvidia: $1-5 million (February)
• Multiple tech stocks during the software selloff
• Over $1 million in various other companies

Market Context:

Palantir, now Miami-based, has positioned itself as a key defense technology contractor, with CEO Alex Karp supporting the Trump administration. The company's tools have reportedly been used for military targeting operations, including in Iran. Palantir sponsored Trump's military parade in June and is disrupting traditional defense contracting dominated by firms like Lockheed Martin and Raytheon.

Disclosure Statement:

A Trump Organization spokesperson stated all investments are managed through "fully discretionary accounts" by third-party institutions with "sole and exclusive authority" over decisions. The White House maintains there are "no conflicts of interest."