Nancy Pelosi Bets Big on Nvidia and Lightens Microsoft Before Q4 Earnings
Nancy Pelosi, a well-known member of Congress, seems to think $NVIDIA (NVDA.US)$ has significant growth potential as the "infrastructure backbone" of the AI movement.
Last week, Pelosi disclosed buying 10,000 Nvidia shares with a trade value of $1 million to $5 million. The filing also disclosed selling $1 million to $5 million in Microsoft shares with a value of $1 million to $5 million.
The trades happened a few weeks after another disclosure by Pelosi. In that disclosure, Pelosi bought 10,000 Nvidia shares in late June. Back in November 2023, Pelosi disclosed buying 50 call options, and their value has gone up a lot since then.
Nvidia stock was struggling some time ago, dropping 5% over the past month, but Pelosi isn't worried. She sees this as a chance to buy shares at a lower price before they rise again. This could probably imply that Nvidia might be recovering and getting back on track for growth after a recent dip.
Pelosi is known for her trading habits and appears positive about artificial intelligence (AI), but only for companies in her field. Traders are keeping a close eye on congressional trades because members like Pelosi have done well in the past.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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面如冠玉的惠特克 : 113 or so
Joe P : Politicians are great for advertising stocks. The sleazier The better.
Madgunn13XX : What a crook
Wntrnch : she is so sheisty about everything I would follow her
Ultratech : Pelosi is born into wealth. I've seen ppl accuse her of things. she's been into stocks before you were born and probably has financial advisors. stop being haters Cruz is the same. active investors. gotta be level headed not think dumb shit making false accusations as if investing is a crime just cuz they have more money then you
Leon Kilbert : It’s smart to follow Nancy
protraderx : The most corrupted politician in Congress. She is not even doing her job of helping her district in San Francisco, full of homeless people
webguybob Ultratech : although I dislike her for a myriad of reasons, following her trading is very smart
jasonsouza77 : pelosi for president!![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Ultratech webguybob : I don't follow ignorance saying someone is corrupt inside trading breaking law because she was speaker of house. I don't like Cruz or greene but wouldn't suspect or accuse them of things besides being idiots. they all have stock market accounts nothing illegal just buying apple and such
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