How much ServiceNow stock did Trump buy?

The exact amount was not disclosed, but the report states it was in the millions of dollars.

Which other stocks are affected?

Oracle (ORCL), Salesforce (CRM), Adobe (ADBE), Texas Instruments (TXN).

Trump Loads Up on ServiceNow Stock Amid SaaS Rout

Q: Why is the SaaS sector declining?

Due to fears of slowing tech spending and rising interest rates.

A Barchart report reveals that former President Donald Trump bought millions of dollars worth of ServiceNow stock on February 10, 2026, amid a severe downturn in the software-as-a-service sector. The move raises questions about the future of tech stocks.

June 5, 2026

2 min read

Source: Barchart

Key Numbers

purchase date

Feb 10, 2026

purchase amount

millions

stock decline

crashed since start of year

According to a report by Barchart, former U.S. President Donald Trump purchased millions of dollars worth of ServiceNow (NYSE: NOW) stock on February 10, 2026. The investment comes as the software-as-a-service (SaaS) sector experiences a sharp sell-off, with ServiceNow shares declining significantly since the start of the year.

Purchase Details

The report indicates that Trump acquired a substantial number of ServiceNow shares in mid-February, though the exact value was not disclosed. ServiceNow is a leader in digital workflow automation and has faced similar pressures as other cloud software companies.

Broader Context

The SaaS sector has been under severe pressure since early 2026, driven by fears of slowing tech spending and rising interest rates. Stocks like Oracle (ORCL), Salesforce (CRM), Adobe (ADBE), and Texas Instruments (TXN) have also seen notable declines.

What It Means for Investors

Trump's investment in ServiceNow could be seen as a vote of confidence in the sector's long-term prospects, but it does not alleviate current headwinds. Investors should watch upcoming quarterly earnings to gauge the impact on revenue.

Frequently Asked Questions

Trump purchased millions of dollars worth of ServiceNow stock on February 10, 2026.

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This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.