President Donald Trump's investment accounts, managed by third-party advisors, added positions in Alphabet and Meta Platforms, according to financial disclosures filed with the U.S. Office of Government Ethics. The accounts made over 6,200 stock trades year to date through May, with net purchases of Alphabet totaling $1.7 million to $3.6 million and Meta seeing net buys of $845,000 to $4.8 million. Trump is not responsible for any individual trade decision. Alphabet reported second-quarter results that beat estimates, with revenue increasing 24% to $119.7 billion, driven by 82% sales growth in cloud computing. Operating income rose 30% to $40.7 billion. Shares have added 4% since the earnings report, but the stock trades at 18 times earnings versus a five-year average of 24 times. CEO Sundar Pichai noted that nearly 90% of Fortune 100 companies use Gemini Enterprise, and more than 9 million developers build on Gemini models monthly. Alphabet recently began selling Tensor Processing Units directly to certain clients. Berkshire Hathaway's Alphabet stake, personally initiated by Warren Buffett, has grown more than sevenfold since the third quarter of 2025 to roughly $31 billion. Alphabet raised its 2026 capital expenditure guidance to as much as $205 billion, pushing free cash flow negative for the first time in its public history. In the second quarter, the company spent $44.9 billion on capex, exceeding