Inteliview
Log inSign up
US StocksNEGATIVE

Trump Bought Palantir, Then Praised It on Truth Social

Trump made at least 7 Palantir purchases in March 2026, then publicly praised the stock on Truth Social during its worst weekly drop in April. A similar pattern repeated with Nvidia and Boeing — buys before positive catalysts, silence before sells.

Justin Jeon··Updated May 16, 2026 at 18:00·5 min read
Also available in Korean한국어로 보기 →
trump-palantir-stock-buy-truth-social-praise-conflict-interest-2026
trump-palantir-stock-buy-truth-social-praise-conflict-interest-2026
AIKey Summary
  • Trump made at least 7 Palantir purchases in March 2026, then publicly praised the stock on Truth Social at the moment of its worst price drop in April
  • The pattern — buying before positive catalysts and staying silent before selling — repeats across Nvidia and Boeing, and conflicts with the Trump Organization's 'automated account' explanation

CNBC analyzed public records from the U.S. Office of Government Ethics (OGE) and confirmed that President Trump purchased shares of Palantir (PLTR) and subsequently mentioned the company publicly on his social media platform Truth Social.


Seven Purchases in March Alone, Up to $530,000

According to disclosure records, Trump purchased between approximately $247,000 and $630,000 worth of Palantir shares during Q1 2026. In March alone, he made at least seven separate purchases totaling up to $530,000. Some transactions were marked 'Unsolicited' — meaning they were executed without a recommendation from a broker or financial adviser.


At the Stock's Worst Weekly Drop: "Ask Their Enemies"

When Palantir recorded its worst weekly decline in a year in April, Trump posted on Truth Social: "Palantir has proven incredible war-fighting capabilities and equipment. Ask their enemies."

At the time, Palantir faced simultaneous pressure from a software stock selloff amid Iran war fallout and public short-seller criticism attributed to Michael Burry. The company's technology was reported to have been used for target identification inside Iran. The president's statement came on the day of Palantir's worst single-day drop — and that president was a shareholder.

In February, the sequence was reversed. Trump sold up to $5 million worth of Palantir shares, then executed additional sell transactions over roughly the following two weeks — without any public praise for the stock.


Also Bought Nvidia, Microsoft, and Amazon in the Same Period

Palantir wasn't alone. Trump was actively trading tech stocks in early 2026. In February he purchased Nvidia for $1–5 million, and roughly one week later Nvidia announced an expanded AI partnership with Meta. That same month he bought ServiceNow, Workday, Oracle, and Microsoft, each in the $1–5 million range. Amazon, Apple, and Broadcom were also purchased for over $1 million each.

The structure matches the Boeing case reported earlier. He bought Boeing shares in February, publicly praised Boeing at an event in May, and Boeing's stock surged 12% that day.


"Automated Account — He Doesn't Know"

A Trump Organization spokesperson said assets are held in a fully discretionary account managed exclusively by a third-party financial institution, and that investment decisions are made by automated systems and institutional judgment. The statement says Trump, his family, and the Trump Organization have no involvement in specific investment choices or approval processes, and receive no advance notice of transactions. The White House maintains that assets are held in trusts managed by his children, and that no conflicts of interest exist.

The structural weakness in this explanation remains the same. If 'he bought it without knowing,' then his public statements should also be coincidental. The pattern — praising holdings when the price falls, staying silent when selling — is not resolved by the explanation.

Loading...

Frequently Asked Questions

What would be needed to prove insider trading?

Direct evidence of trading on non-public information. It's self-evident that the president knows policy announcement timing in advance, but the link proving that information was specifically used to direct trades is the key to any legal case.

Why does the 'Unsolicited' label matter?

It means the trade was executed on the holder's own judgment, not on an adviser's recommendation — which conflicts with the 'automated account, he doesn't know' explanation. If it were truly a fully automated account, the 'Unsolicited' designation might not apply.

What is Palantir's relationship with the Trump administration?

Palantir is a defense-tech company deepening its ties with the White House amid expectations of benefiting from Trump's second-term military modernization push. CEO Alex Karp previously donated to Biden-aligned causes but has recently expressed public support for the Trump administration. The company also sponsored the U.S. Army's 250th anniversary military parade.

How should Korean investors use this disclosure?

Trump's purchased holdings — Palantir, Nvidia, Microsoft, Amazon, Broadcom — may reflect anticipated policy benefits. It's important to cross-reference trade dates with policy announcement timelines to determine whether trades preceded or followed key decisions.

Justin Jeon
Author

Justin Jeon

Topics
FREE MEMBERSHIP

Did you find this useful?

Sign up to bookmark articles, follow gurus, and manage your portfolio — all for free.

Guru trade alerts
Portfolio tracker
Article bookmarks

Related Articles

Wall Street's Defining Moments

See more
Browse defining moments

Insights

INTELIVIEW NEWSLETTER

Smart Money Briefing

Weekly summaries of Wall Street guru moves and crypto whale activity.