President Trump Sells Micron Stock and Buys Another Mega-Cap Artificial Intelligence (AI) Stock
A financial disclosure from the Office of Government Ethics shows that President Trump’s brokerage accounts executed over 500 trades in August. Those accounts are managed by third-party institutions, meaning Trump himself was not responsible for the decision to buy or sell any security.
However, the trades are still worth examining. In August, the president’s accounts sold Micron Technology (NASDAQ:MU), with net sales totaling $251,000 to $515,000. Meanwhile, the largest buy was Meta Platforms (NASDAQ:META), with net purchases totaling $5.1 million to $25.3 million.
Here’s what investors should know about these artificial intelligence stocks.
Source: www.fool.com — article syndicated from the publisher’s feed; all rights remain with the original publisher.