U.S. Rep. Nancy Pelosi, D-California, has achieved significant financial gains from her recent investment in Nvidia Corp. (NASDAQ:NVDA), a prominent company in artificial intelligence (AI) and semiconductors. On Nov. 22, Pelosi acquired 50 call options for Nvidia with a strike price of $120, expiring on Dec. 20, 2024. The transaction value ranged between $1 million and $5 million​​. As of early 2024, Pelosi has reportedly made nearly $500,000 from this investment, surpassing her annual governmen
  • oakey66@lemmy.world
    60·
    5 months ago

    Well considering she made the purchase a couple weeks before there was an announcement of a new chip plant in China. The game is rigged folks.

      • Wrench@lemmy.world
        27·
        5 months ago

        It’s obvious you’re being sarcastic, but actually yes, vote blue no matter what. This is literally the best thing you can do to fight blatant fascism with your vote.

        • doctorcrimson@lemmy.world
          1·
          5 months ago

          You should add a /s, friend

          All of the top stock traders are GOP reps, Nancy’s husband Paul didn’t even make top 10 in 2022.

      • oakey66@lemmy.world
        2·
        5 months ago

        I’m criticizing Pelosi because she is a democrat. We don’t expect anything better from the GOP. We can hopefully exert some pressure through outrage to make democrats change this. Democrats by and large suck but it’s a given that republicans do this too.

    • TropicalDingdong@lemmy.world
      5·
      5 months ago

      Well considering she made the purchase a couple weeks before there was an announcement of a new chip plant in China. The game is rigged folks.

      I mean. Its absolutely nothing compared to the post ChatGPT runup.

      • doctorcrimson@lemmy.world
        2·
        5 months ago

        If anything I could see that China news harming the stock evaluation. Bad publicity is real, and allying with China is risky in this market.