Trump Bought Apple, Nvidia Stocks During April 2025 Tariff Sell-Off

SPX500-0.26%

President Donald Trump made 327 stock purchases on April 8, 2025, according to a CNBC analysis of his annual financial disclosure for 2025 released on Tuesday. The buying spree occurred during a steep four-day market spiral triggered by his April 2 announcement of broad tariffs, with purchases focused on megacap technology stocks including Apple, Alphabet, Amazon, Microsoft, and Nvidia. Trump's disclosure shows he bought between $100,001 and $250,000 in each of these five companies on April 8, when the S&P 500 finished below 5,000 and approached bear market territory after tumbling more than 12% over four days. The episode highlights a central dynamic of Trump's second term: a president with vast power to move markets also holds more personal investment at stake than any predecessor, according to the disclosure analysis.

Trump Purchased $100,001-$250,000 in Apple, Nvidia, Four Other Tech Giants

Trump's April 8 buying centered on some of the largest public companies in the world, according to the disclosure. He bought between $100,001 and $250,000 in shares of Apple, Alphabet, Amazon, Microsoft, and Nvidia each that day. All five stocks are members of the Magnificent Seven, a group of megacap technology stocks credited with propelling the market to record highs in recent years.

April 8 marked Trump's 11th busiest day for stock buying in 2025, with 327 purchases representing more than five times the daily average of roughly 62 for the calendar year, according to CNBC's analysis. The trades were part of a 927-page disclosure showing $2.24 billion in revenue in 2025, according to a CNBC analysis, including hundreds of millions from crypto, more than $290 million from golf and club properties, and over $86 million in legal settlements.

White House spokeswoman Anna Kelly said there are no conflicts of interest. Trump told reporters his trades are managed by outside parties, stating: "I don't get involved in my personal --- we have funds that run my money."

S&P 500 Rebounded 9.5% After Trump Posted Buy Message

The morning after Trump's April 8 purchases, minutes after the opening bell on April 9, Trump posted on Truth Social that "THIS IS A GREAT TIME TO BUY!!!". Later that day, Trump announced he was walking back some of the tariffs he had announced on April 2, which he dubbed "liberation day."

The S&P 500 climbed around 9.5% in that session, marking one of its best days on record. The benchmark has cumulatively surged around 50% since April 8, 2025. Apple dropped 5% on April 8, its fourth straight negative day, then surged more than 15% in the next session, its best trading day since 1998. Nvidia shed more than 1% on April 8, then jumped nearly 19% the next day.

The April stock trades are part of Trump's annual financial disclosure for 2025 that includes trades, income, and liabilities. Trump continues to collect income from branded merchandise and accepted numerous gifts, such as sports tickets, according to the disclosure.

FAQ

How many stock purchases did Trump make on April 8, 2025? Trump made 327 stock purchases on April 8, 2025, according to a CNBC analysis of his annual financial disclosure for 2025 released on Tuesday. This made April 8 his 11th busiest day for stock buying in 2025, more than five times the daily average of roughly 62 for the calendar year.

What tech stocks did Trump buy during the April 2025 market sell-off? Trump bought between $100,001 and $250,000 in shares of Apple, Alphabet, Amazon, Microsoft, and Nvidia each on April 8, 2025, according to the disclosure. All five stocks are members of the Magnificent Seven group of megacap technology stocks and saw significant rebounds after Trump's tariff policy change on April 9.

How much did the S&P 500 move after Trump's April 9 announcement? The S&P 500 climbed around 9.5% on April 9, 2025, after Trump posted "THIS IS A GREAT TIME TO BUY!!!" on Truth Social and announced he was walking back some tariffs. This marked one of the index's best days on record, following a more than 12% decline over the previous four days that brought it near bear market territory.

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