Trump Trade: Trump says completed ‘successful’ attack on Iran

Catch up on the top industries and stocks that were impacted, or were predicted to be impacted, by the comments, actions and policies of President Trump with this daily recap compiled by The Fly:

IRAN ATTACK: President Trump said via Truth Social on Saturday: “We have completed our very successful attack on the three Nuclear sites in Iran, including Fordow, Natanz, and Esfahan. All planes are now outside of Iran air space. A full payload of BOMBS was dropped on the primary site, Fordow. All planes are safely on their way home. Congratulations to our great American Warriors. There is not another military in the World that could have done this. NOW IS THE TIME FOR PEACE! Thank you for your attention to this matter.”

DEPENDENCE ON U.S. TECH COMPANIES: To comply with a Trump executive order, Microsoft (MSFT) recently helped suspend the email account of an International Criminal Court prosecutor in the Netherlands who was investigating Israel for war crimes, raising alarms across EU about how dependent its governments, businesses, and citizens are on U.S. tech companies, The New York Times’ Adam Satariano and Jeanna Smialek reported on Friday.

SENATE TO KEEP BAN ON STATE AI RULES: A Republican effort to block U.S. states from enforcing new artificial intelligence regulations will remain in President Donald Trump’s tax and spending package for now, Bloomberg’s Emily Birnbaum and Steven T. Dennis report. The Senate version of the AI moratorium would deny states federal funding for broadband internet projects if they enforce AI regulations.

TRUMP MEDIA SHARE BUYBACK: Trump Media and Technology Group’s (DJT) Board of Directors has authorized the repurchase of up to $400M of the company’s common stock. CEO and Chairman Devin Nunes said, “The Board took a vote of confidence in our Company, our stock, and our strategic plans. Since Trump Media now has approximately $3B on its balance sheet, we have the flexibility to take actions like this which support strong shareholder returns, as we continue exploring further strategic opportunities.” The share repurchase authorization will be funded separately from, and would not alter, Trump Media’s previously announced Bitcoin treasury strategy, which featured a private placement offering of approximately $2.3B in the aggregate, the company said.

‘KEEP OIL PRICES DOWN’: President Trump said Monday via Truth Social: “Everyone, keep oil prices down. I’m watching. You’re playing right into the hands of the enemy. Don’t do it!” Publicly traded companies in the oil space include BP (BP), Chevron (CVX), ConocoPhillips (COP), Exxon Mobil (XOM), Shell (SHEL) and TotalEnergies (TTE).

‘COMPLETE MORON’: President Trump on Friday called Fed Chair Jerome Powell a “total and complete moron” in a social media rant. He took to Truth Social to say: “‘Too Late’ Powell complains about costs, much of which were produced by the Biden Fake ‘Government,’ but he could do the biggest and best job for our Country by helping to lower Interest Rates and, if he reduced them to the number they should be, 1% to 2%, that ‘numbskull’ would be saving the United States of America up to $1 Trillion Dollars per year. I fully understand that my strong criticism of him makes it more difficult for him to do what he should be doing, lowering Rates, but I’ve tried it all different ways. I’ve been nice, I’ve been neutral, and I’ve been nasty, and nice and neutral didn’t work! He’s a dumb guy, and an obvious Trump Hater, who should have never been there, I listened to someone that I shouldn’t have listened to, and Biden shouldn’t have reappointed him. We have virtually No Inflation, our Economy is doing really well, and will soon be doing, with the tremendous Tariff Income coming in, and Factories being built all over the Country, better than it has ever done before. If he was concerned about Inflation or anything else, then all he has to do is bring the Rate down, so we can benefit on Interest Costs, and raise it in the future when and if these “other elements” happen (which I doubt they will!). Don’t say that you think there will be Inflation sometime in the future, because there isn’t now but, if there is, raise the Rates! We should be at the TOP of the attached List, not the bottom. I don’t know why the Board doesn’t override this Total and Complete Moron! Maybe, just maybe, I’ll have to change my mind about firing him? But regardless, his Term ends shortly!”