Trump Buys $1m In Nvidia, Apple And Amazon While Oil Put Bets Surge
In Q1 Trump added at least $1m in Nvidia, Apple and Amazon shares to his portfolio valued at $236m, potentially signaling confidence in S&P 500 heavyweights. Separately, traders placed a 134m-barrel Brent crude oil put spread, a $91/$90 bet worth up to $129m, which may pressure energy stocks.
1. Trump’s Q1 Tech Stock Acquisitions
Trump’s portfolio, valued at $236m last year, saw additions exceeding $1m in Nvidia, Apple and Amazon shares during the first quarter. These purchases increase exposure to three of the largest S&P 500 technology components, potentially reflecting bullish sentiment on core market drivers.
2. Record Brent Crude Put Spread
Market participants executed a put spread on Brent crude oil equivalent to 134 million barrels with strike prices of $91/$90 expiring May 26. This $129m‐potential trade signals broad concern over energy prices and could weigh on energy sector contributions to the S&P 500 ETF.