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President Trump made 94 different trades of “Magnificent Seven” stocks in the first quarter of 2026, a new ethics disclosure shows, executing millions of dollars in transactions even as he was meeting with and often promoting these top tech companies.

The trades were valued at between $50 million and $70 million across 64 buy orders and 30 stock sales.

The president, on net, loaded up on Apple and Alphabet, while selling more Tesla stock than he bought, a Yahoo Finance analysis found. His account also executed more than a dozen transactions each of Nvidia, Meta Platforms, Microsoft, and Amazon, rounding out the Magnificent Seven.

https://finance.yahoo.com/markets/stocks/article/trump-traded-over-50-million-in-magnificent-7-stocks-last-quarter-loading-up-on-apple-and-google-and-selling-tesla-100000562.html

The rallying U.S. stock market will take its cues next week from inflation and consumer spending data, developments in the ​war in Iran, and a high-stakes meeting between the leaders of the U.S. and China.

U.S. equities have been on a tear, with the benchmark S&P ‌500 up more than 16% from its low for the year, hit in late March. The strongest U.S quarterly earning season in more than four years has lifted sentiment for equities, while worries about worst-case economic fallout from the Iran war have abated and investors are jumping in for FOMO on gains.

With markets expecting a near-term resolution to the war, investors said they may focus on the CPI's core reading, which strips out energy and could offer clearer clues for projecting the path of interest ​rates. Following the war-related surge in energy prices, markets have ruled out equity-friendly rate cuts this year, and the latest Federal Reserve ​meeting indicated more hawkish ⁠sentiment from several policymakers.

Other data next week include Wednesday's producer prices, which will offer another look at inflation trends, and Thursday's monthly retail sales, where investors will focus on how much higher gasoline and overall energy costs are eating into other types of consumer spending. This week, the national average price ⁠for gasoline topped $4.50 ​a gallon for the first time since July 2022.

https://www.reuters.com/world/china/wall-st-week-ahead-data-iran-us-china-meeting-focus-scorching-us-stock-market-2026-05-08/

A humming U.S. corporate profit engine is at the heart of the U.S. stock market's rally to record highs - an encouraging sign for investors as long as the fuel driving profits keeps flowing.

More than two-thirds through ​the first-quarter reporting season, S&P 500 companies are on track for their highest quarterly earnings growth in more than four years. Future projections are also growing rosier: Analysts' estimates ‌for future 12-month U.S. earnings have risen by over 10% since the start of the year, according to LSEG Datastream.

The benchmark S&P 500 is up 6% for the year, building on three straight years of solid double-digit percentage gains. The ​index has surged more than 14% since March 30, following a swoon sparked by the start of the U.S.-Israeli war with Iran.

https://www.reuters.com/business/stunning-us-profit-strength-ignites-stocks-charge-record-peaks-2026-05-06/

Stocks leapt and oil prices dropped on Wednesday after a report said the White House believed it was closing in on a memorandum to end the war with Iran, while momentum in AI-driven trades accelerated.

The report by news outlet Axios said the U.S. expected Iranian responses on several key ​points in the next 48 hours. A Pakistani source involved in the peace efforts confirmed the report ​to Reuters on Wednesday.

Brent Crude, the global benchmark, dropped 7.5% to $101.70 per barrel.

https://www.reuters.com/world/china/global-markets-wrapup-1-2026-05-06/