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Posted October 8, 2026 at 11:00 am
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 Donald Trump with this daily recap compiled by The Fly.
META STOCK: President Donald Trump disclosed more than 500 securities transactions in August, including a purchase of up to $25M in Meta (META) stock and an investment of as much as $5 million in SpaceX (SPCX). The largest transaction was an August 21 purchase of between $5M and $25M in Meta shares.
BIOHUB: The U.S. government, Meta (META), Google DeepMind (GOOGL), and Isomorphic Labs are committing $1.8B to Biohub’s effort to build standardized open biological datasets for AI training, including $300M from the tech companies and more than $500M from the Department of Energy, with additional NIH-funded datasets being incorporated, Reuters’ Krystal Hu reports. The commitments follow the $500M that Biohub, a philanthropic venture of Meta CEO Mark Zuckerberg and his wife, Dr. Priscilla Chan, put into the project in April.
IRAN STRIKES: The Trump administration has asked the Pentagon to develop strike options against Iranian targets that could occur before November’s midterm elections, The Atlantic’s Nancy Youssef and Jonathan Lemire report, citing two administration officials. Such plans underscore how much President Trump is seeking to lower gas prices and demonstrate progress in the months-long conflict with Iran before voters hit the polls, administration officials told The Atlantic. The size and targets of the possible strikes, as well as whether the White House will ultimately order the strikes, are still being debated, the authors say, noting that U.S. Central Command is developing the plans.
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Originally Posted October 8, 2026 – Trump Trade: President bought up to $25M in Meta stock in August
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This material is from The Fly and is being posted with its permission. The views expressed in this material are solely those of the author and/or The Fly and Interactive Brokers is not endorsing or recommending any investment or trading discussed in the material. This material is not and should not be construed as an offer to buy or sell any security. It should not be construed as research or investment advice or a recommendation to buy, sell or hold any security or commodity. This material does not and is not intended to take into account the particular financial conditions, investment objectives or requirements of individual customers. Before acting on this material, you should consider whether it is suitable for your particular circumstances and, as necessary, seek professional advice.
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