256 Newsroom — Uganda's Digital News Infrastructure
Business

Nvidia and Apple get a cut of every baby’s $1,000 Trump Account - Fortune

Published by Fortune By Jay L. Zagorsky, The Conversation · 19 July 2026 at 10:00
Share
Nvidia and Apple get a cut of every baby’s $1,000 Trump Account - Fortune
Image · Fortune

What the report says

The federal gift is automatically invested in an S&P 500 fund, meaning about a fifth of every newborn's nest egg flows straight into four mega-cap tech stocks.

Read the full report at Fortune →

Loading debate for this article…

Other publishers covering this story

No additional verified coverage is currently clustered with this report.

More stories by this journalist

Other publications from this journalist — open any story without leaving the article page.

No other published stories from this publisher yet.

Related reporting

Church of Uganda in Mityana Holds Special Prayers for Kabaka, Urges Youth to Preserve Buganda ValuesNile Post 256 Newsroom URA Wins Tax-Evasion Case Against City Businessmen - ChimpReportsChimpReports Over 100 Ugandans disappear on Ukraine war frontlineThe Observer PDM Billions Under Watch: Kumumanya Orders Tough Action Against Corrupt Parish Chiefs, Town AgentsWatchdog Uganda THE GIRLS WHO CANNOT AFFORD TO MISS SCHOOL: How Fred Ssenoga’s Union Transport Alliance Is Tackling Menstrual Poverty in UgandaWatchdog Uganda 256 Newsroom Catholic Priest Jailed 21 Years for Killing URA Staff - ChimpReportsChimpReports