Trump touted Palantir on Truth Social after buying the company's stock, records show

U.S. President Donald Trump, Secretary of Defense Pete Hegseth behind, speaks to reporters aboard Air Force One on a flight from Dover, Delaware, to Miami, Florida, U.S., March 7, 2026. Kevin Lamarque | Reuters President Donald Trump scooped up shares of artificial intelligence software maker Palantir weeks before he famously lauded the stock , with its ticker symbol, on his social media platform Truth Social , according to records released this week by the U.S. Office of Government Ethics . The records show thousands of transactions during the first quarter totaling hundreds of millions of dollars, with each trade listed as a price range. During the first three months of the year, Trump purchased between $247,008 and $630,000 worth of stock in the now Miami-based AI company, the documents show. In March alone, Trump made at least seven purchases of Palantir totalling as much as $530,000. The following month, Trump praised Palantir on Truth Social as shares suffered their worst week in over a year. That came as the software selloff accelerated amid the Iran war and the company caught the ire of famed short-seller Michael Burry. "Palantir Technologies (PLTR) has proven to have great war fighting capabilities and equipment," Trump wrote on the social media platform at the time. "Just ask our enemies!!!" The company's tools have reportedly been used to identify targets in Iran. …