Eric Trump Defends President’s Stock Trades Of Nvidia, Palantir, Meta And More

BreakingBusinessEric Trump Defends President’s Stock Trades Of Nvidia, Palantir, Meta And MoreByAlison Durkee,Forbes Staff. Alison is a senior news reporter covering US politics and legal news.Follow AuthorMay 15, 2026, 04:07pm EDTToplinePresident Donald Trump’s son Eric defended his father Friday as the president faces scrutiny for making millions of dollars worth of stock trades over the last few months—as his administration had dealings with many of those companies—with Eric Trump claiming it’s “blatantly false” to suggest any of the family’s securities trades pose a conflict.President Donald Trump (R) and his son Eric Trump (L) walk to Marine One before departing from the White House on April 10.Getty ImagesKey FactsA financial disclosure listing the president’s securities trades between January and March came out on Thursday, showing him buying and selling shares of companies like Nvidia, Palantir, Meta and Paramount Skydance.Eric Trump responded Friday to a post by Sen. Elizabeth Warren, D-Mass., who criticized the president for bringing Nvidia CEO Jensen Huang on his recent trip to China in an apparent effort to help Nvidia sell AI chips to Beijing—all while the president apparently held Nvidia stock.The president’s son claimed the Trump family’s assets are entirely controlled through a blind trust and their securities are in market indexes, writing on X, “To suggest that individual stocks are being bought or sold, at the discretion of any member of the Trump family, would be a lie and blatantly false.”Donald Trump’s financial disclosure shows he made between $220 million and $750 million worth of securities trades in the first quarter of 2026, as tallied by Reuters, but does not disclose who made the trades, the exact type of securities, or any trades below $1,000. The president has generated controversy for a number of specific trades, such as purchasing Nvidia stock right before his administration approved the company selling chips to China, and buying Pal...