Trump bought Apple, Nvidia, tech before tariff reversal fueled rebound

As global trade and the economy faced uncertainty in early April 2025, President Donald Trump was actively engaging in the stock market turmoil he had initiated.

On April 8, 2025, Trump made 327 stock purchases, marking one of his busiest trading days of the year. His focus was on mega-cap technology stocks that had been heavily impacted by his tariff policy announcement on April 2.

Trump’s significant influence on the market was evident as he strategically bought into the dip, helping to trigger a turnaround. His social media posts and subsequent policy adjustments led to a substantial market rally, with the S&P 500 surging approximately 50% since April 8.

Despite concerns about conflicts of interest, the White House emphasized that Trump’s assets are managed independently by third-party financial institutions.

Trump’s stock purchases on April 8 predominantly involved major companies like Apple, Alphabet, Amazon, Microsoft, and Nvidia, all of which saw substantial gains following his policy reversal.

The disclosure of Trump’s financial activities in 2025 revealed a diverse revenue stream, including significant earnings from crypto, golf properties, legal settlements, and branded merchandise.

Market participants noted Trump’s impact on stock prices, with some praising his market insights while others criticized his actions as potential market manipulation.