Quick Read Trump's 1,156 July trades stem from daily tax-loss harvesting by third-party managers, not investment conviction in stocks like MSFT. Tax-loss harvesting only benefits investors with taxable accounts, realized gains, and high marginal rates. It does nothing inside a 401(k) or IRA. Microsoft's bull case rests on Azure surpassing $100 billion in revenue (up 41%), while bears point to $175 billion in guided 2026 capital expenditures. Read More: Learn 7 secret wealth tips high net worth investors use that most investors miss (sponsor) The President's July periodic transaction report covered more than 1,100 trades, with individual sales of Microsoft (NASDAQ:MSFT) and Amazon (NASDAQ:AMZN) reported in ranges up to $25 million each.
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