Trump Made His Biggest August Buy a Tech Giant That Jumped Over 30% in Seven Weeks

Meta Platforms drew President Donald Trump’s biggest August buy among his newest government disclosures, according to a periodic transaction report filed with the U.S. Office of Government Ethics. The report, covering more than five hundred transactions, lists a Meta purchase on August 21 in the $5 million to $25 million range. Meta shares closed at $549.51 on the trade date and rose to $721.31 on October 7, a 31% gain, before trading around $714.52 later that day. The move outpaced Microsoft and Alphabet over the same period. The article links the surge to Meta’s ad-driven revenue momentum and heavy AI spending after a mixed quarter, including higher capex, lower free cash flow, and a weaker EPS.