00:00It's Benzinga, bringing Wall Street to Main Street.
00:02President Trump disclosed first quarter purchases of Palantir stock
00:06valued between roughly $247,000 and $630,000,
00:12according to U.S. Office of Government Ethics filings.
00:15The filings showed multiple March transactions totaling as much as $530,000
00:20before Trump later praised the company's military technology on Truth Social.
00:25Trump Organization representatives told CNBC,
00:28the investments are managed through discretionary accounts
00:31overseen by independent financial institutions.
00:34White House officials said Trump's assets are held in a trust managed by his children.
00:40Palantir shares have fallen 21.76% over the past six months, according to Benzinga Pro.
00:47Ethics filings also showed Trump invested in NVIDIA, Microsoft, Amazon, Apple, Oracle, and Broadcom.
00:53For all things money, visit Benzinga.com.
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