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Trump touted Palantir on Truth Social after buying the company's stock, records show

CNBC·Samantha Subin·17 days ago
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U.S. President Donald Trump, Secretary of Defense Pete Hegseth behind, speaks to reporters aboard Air Force One on a flight from Dover, Delaware, to Miami, Florida, U.S., March 7, 2026. Kevin Lamarque | Reuters President Donald Trump scooped up shares of artificial intelligence software maker Palantir weeks before he famously lauded the stock , with its ticker symbol, on his social media platform Truth Social , according to records released this week by the U.S. Office of Government Ethics . The records show thousands of transactions during the first quarter totaling hundreds of millions of dollars, with each trade listed as a price range. During the first three months of the year, Trump purchased between $247,008 and $630,000 worth of stock in the now Miami-based AI company, the documents show. In March alone, Trump made at least seven purchases of Palantir totalling as much as $530,000. The following month, Trump praised Palantir on Truth Social as shares suffered their worst week in over a year.…

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