According to the latest U.S. Office of Government Ethics filing, President Donald Trump's independent investment team made 517 trades in August, bringing its total to more than 29,000 trades in stocks, ETFs and debt securities since January 2025. In August the team sold up to $5 million of Advanced Micro Devices (AMD) and bought up to $25 million of Meta Platforms (META), its largest single purchase that month. The article suggests the AMD sale may relate to bubble concerns, as investors often overestimate how quickly technology gets optimized. For Meta, it points to AI-driven ad tools and a valuation that made it the second-cheapest Magnificent Seven stock on future cash flow entering October.
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on Yahoo Finance ↗
Get briefings and signals on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the morning, midday and evening briefing of each market and important news as it happens.