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Trump buys 327 stocks amid tariff chaos, then sparks 9.5% market rally with tariff rollback

Market News
02 Jul 2026
CNBC
View Source
Bullish
pluang ai news

On April 8, 2025, President Donald Trump made 327 stock purchases focused on major tech companies during a market sell-off triggered by his new tariff plan. The next day, he announced a partial rollback of these tariffs, causing the S&P 500 to surge about 9.5%, one of its best single-day gains. Trump's trades highlight his significant personal stake in the market and his influence on market movements. This episode underscores concerns about potential conflicts of interest and market manipulation during his presidency.

More News (AAPL)

AI-driven memory shortages push Amazon to hike prices on popular gadgets by up to 60%.

AI-driven memory shortages push Amazon to hike prices on popular gadgets by up to 60%.

The surge in AI demand is causing a global shortage of memory chips, leading Amazon to raise prices on devices like the Echo Dot by 60%. This shortage stems from AI data centers consuming vast amounts of high-bandwidth memory, limiting supply for con...

Market News
Neutral
8 hours ago
Apple stock at $310 offers solid value amid strong iPhone sales and AI growth despite high valuation.

Apple stock at $310 offers solid value amid strong iPhone sales and AI growth despite high valuation.

Apple's stock, currently at $310.34, remains attractive due to strong iPhone 17 sales, record Services revenue, and promising AI developments like Siri. Despite trading at a high valuation with a 35x trailing P/E, the company shows robust revenue gro...

Analyst Insights
Bullish
9 hours ago
Apple reverses plan to change Hide My Email domain, preserving user privacy.

Apple reverses plan to change Hide My Email domain, preserving user privacy.

Apple has reversed its earlier decision to switch its Hide My Email feature from the @icloud.com domain to @private.icloud.com after user backlash. The change was criticized for potentially making disposable email addresses easier to block by website...

Others
Bullish
9 hours ago
Apple launches M5 Ultra and M6 chips to boost Mac Mini and Mac Studio AI performance

Apple launches M5 Ultra and M6 chips to boost Mac Mini and Mac Studio AI performance

Apple introduced two new processors, the M5 Ultra and M6 chips, powering its latest Mac Mini and Mac Studio models. The M5 Ultra is Apple's most powerful chip yet, featuring a quad-die design with up to 36 CPU cores and 80 GPU cores, optimized for he...

Others
Bullish
10 hours ago
Vanguard Growth Fund heavily concentrated in NVIDIA, Apple, Alphabet, and Microsoft with 44.6% assets.

Vanguard Growth Fund heavily concentrated in NVIDIA, Apple, Alphabet, and Microsoft with 44.6% assets.

Vanguard Growth Index Fund Admiral Shares (VIGAX) is heavily concentrated, with about 44.6% of its assets in just four mega-cap tech stocks: NVIDIA, Apple, Alphabet, and Microsoft. This concentration means investors are effectively making a large bet...

Market News
Neutral
11 hours ago
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