---
title: "U.S. media: Trump promoted related companies on the \"Truth Social\" platform just days after buying their stocks"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/292912954.md"
description: "CNN reported that after buying stocks in more than 20 companies, including NVIDIA, Trump immediately promoted these companies on his Truth Social platform and promised to expedite government approval processes. The White House denied that he was using his power for personal gain, stating that the transactions were managed by external managers and aimed at benefiting the public"
datetime: "2026-07-16T13:21:53.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/292912954.md)
  - [en](https://longbridge.com/en/news/292912954.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/292912954.md)
generator: "portal-rs"
---

# U.S. media: Trump promoted related companies on the "Truth Social" platform just days after buying their stocks

According to CNN, last year, former U.S. President Donald Trump posted a "very significant and exciting announcement" on the Truth Social platform. At that time, computer chip manufacturing giant NVIDIA (NVDA.O) had just announced plans to build an artificial intelligence supercomputer in the United States. In a post made on April 15, 2025, to his more than 9 million followers, Trump promised that "all necessary permits will be expedited and quickly delivered to NVIDIA and similar companies." However, what Trump did not disclose at the time was that just days earlier, he had purchased between $200,000 and $500,000 worth of stock in the company. A CNN investigation found that just days after buying stocks in more than 20 companies, Trump promoted these companies on his Truth Social account—sometimes announcing government actions that could benefit the companies he had just invested in. The White House strongly denied that Trump had used his position for personal gain, stating that all his actions were intended to benefit the American public. The White House claimed that all of the President's stock trades were managed by external financial managers, and that Trump and his family had no control over specific transactions.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**