Trump Claims 'Hundreds of Billions' Stock Gains in AI Posting Spree
Key Points
- On Sunday, Trump spent over 10 hours posting dozens of AI-generated images on Truth Social without providing evidence for his claims.
- Trump claimed he made hundreds of billions of dollars on stocks and other holdings for the U.S., not himself.
- The posts included unverified images depicting Iran's defeat, Trump on horseback with George Washington, and AI depictions of Trump as an action hero.
The posts occurred against a backdrop of ongoing scrutiny of Trump's Truth API feature, which costs $100,000 per month and gives early access to announcements about policy decisions that could move financial markets. U.S. Senators urged the Securities and Exchange Commission in July to investigate whether Trump Media, the parent company behind Truth Social, is violating applicable federal securities laws with the Truth API offering.
Many of Trump's Sunday posts focused on Iran, with dozens of AI-generated images and unverified claims about the country's economic condition. Trump shared infographics about Iran's economy without verifiable sources, including unsubstantiated charts claiming Iran's currency is "destroyed" and labeling Iran as "a Failing Nation." These posts came as more than six months have passed since the U.S. and Israel launched major combat operations in Iran.
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Other AI-generated images posted by Trump depicted him in action-hero roles, including as a leader flanked by futuristic robots with the Capitol in the background, as a Hulk Hogan-like wrestler wearing a red MAGA cap and draped in the American flag, and as the leader of a Space Force command center. Several images depicted countries, territories, and objects as U.S. possessions, including one showing the Strait of Hormuz labeled as a "new U.S. Territory" and another depicting the Moon with the words "The Moon is Ours."
Trump's posting of geopolitical imagery came after he signed an executive order directing the federal government to change the name of Lake Ontario to Lake America. Canadian Prime Minister Mark Carney responded at the time that Canada will keep calling it Lake Ontario. The White House did not immediately respond to a request for comment seeking details about the images.
Related coverage: Wall Street Raises AI Bar: S&P 500 Gains 0.1% as Tech Stocks Face Scrutiny
What This Means
Trump's unsubstantiated financial claims posted without evidence could intensify SEC scrutiny of Truth API's $100,000-monthly access model, potentially accelerating the July investigation into whether Trump Media violates securities laws. The pattern of posting market-moving policy announcements via a paid early-access feature creates regulatory risk that may force changes to Truth Social's business model within the next fiscal quarter.
Sources: CNBC and other international news outlets.
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