Huang Renxun sets a monthly record for cashing out with nearly $170 million in NVIDIA shares sold in June.
In the just past June, Nvidia CEO Huang Renxun sold his Nvidia shares to cash in nearly $170 million. According to the data disclosed in the documents submitted to the regulatory authorities, Huang Renxun sold 1.3 million shares of Nvidia in June, and the media estimated that the batch of stocks was worth nearly $169 million. This set a new record for his personal monthly sale of stocks. Huang Renxun's plan to sell shares has been published as early as March of this year. At that time, Nvidia mentioned in its quarterly financial report that Huang Renxun would sell up to 600,000 shares of stock through a 10b5-1 sales plan by the end of March 2025. Market analysts pointed out that Huang Renxun's sale
Bitcoin, Ethereum Decoupling From Tech Stocks Is Positive, Experts Claim
Bloomberg ETF analyst James Seyffart and macro trader Alex Krüger discussed the decoupling of cryptocurrency markets from tech stocks in recent weeks.What Happened: While the Nasdaq continues to rall
10 Information Technology Stocks Whale Activity In Today's Session
This whale alert can help traders discover the next big trading opportunities.Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scan
Unpacking the Latest Options Trading Trends in Qualcomm
Investors with a lot of money to spend have taken a bullish stance on Qualcomm (NASDAQ:QCOM).And retail traders should know.We noticed this today when the trades showed up on publicly available option
Nvidiea CEO Takes Advantage of YTD Price Surge, Sells 1.3M Shares
S&P 500, Nasdaq 100 Climb To Record Highs As Data Fosters Rate Cut Optimism Ahead Of Fed Minutes; Gold, Bonds Rally: What's Driving Markets Wednesday?
The S&P 500 and Nasdaq 100 indices surged to new all-time highs on Thursday, as investors heightened their expectations for rate cuts following June's sharply lower-than-expected services sector activ
"Congressional Stock Market God" takes action! Pelosi buys call options for Broadcom and 10,000 shares of Nvidia, sells Tesla and Visa.
Known as the 'Stock God of Congress,' former U.S. Speaker of the House Pelosi has been active recently. According to congressional trading records, Pelosi bought call options on Broadcom and 10,000 shares of Nvidia stock, while selling some Tesla and Visa stocks. Accurately catching the AI trend, she made big profits by buying Nvidia. According to records, on June 24th, Pelosi purchased 20 call options of Broadcom with a strike price of $800 and an expiration date of June 20th, 2025. The total value of this transaction is estimated to be between $1,000,001 and $5,000,000. Two days later on the 26th, Pelosi
NVIDIA Shares Are Trading Higher Amid Strength in Chip Stocks. The Stock May Also Be Rising After Nancy Pelosi Purchased Shares of the Stock.
NVIDIA Shares Are Trading Higher Amid Strength in Chip Stocks. The Stock May Also Be Rising After Nancy Pelosi Purchased Shares of the Stock.
What's Going On With Broadcom Stock Wednesday?
Broadcom Inc (NASDAQ:AVGO) shares are rising Wednesday after former Speaker of the House Nancy Pelosi (D-Calif.) disclosed a recent purchase of call options in the semiconductor giant.What To Know: Pe
Like the S&P 500, Japan's Topix Equity Index Is Highly Concentrated and Flying High
Insights Into Lam Research's Performance Versus Peers In Semiconductors & Semiconductor Equipment Sector
In today's fast-paced and highly competitive business world, it is crucial for investors and industry followers to conduct comprehensive company evaluations. In this article, we will delve into an ext
YieldMax AMD Option Income Strategy ETF Declares $0.7347 Dividend
Micron Technology Options Trading: A Deep Dive Into Market Sentiment
Investors with a lot of money to spend have taken a bullish stance on Micron Technology (NASDAQ:MU).And retail traders should know.We noticed this today when the trades showed up on publicly available
Market Whales and Their Recent Bets on AMD Options
Whales with a lot of money to spend have taken a noticeably bullish stance on Advanced Micro Devices.Looking at options history for Advanced Micro Devices (NASDAQ:AMD) we detected 8 trades.If we consi
Broadcom Up 10% Post-Stock Split: Strong Bullish Indicators With 12 Days To Go
Broadcom Inc. (NASDAQ:AVGO) climbed over 10% since its announcement of a 10-for-1 stock split on June 12. The semiconductor company's stock has been on a remarkable uptrend, boasting an 89.12% increas
Tesla Shorts Suffer As Stock Soars Over 10%, But This Fund Manager Doesn't Regret Missing Out On Rally After Paring Stake: Here's Why
Tesla, Inc. (NASDAQ:TSLA) shares have been higher for six straight sessions now, with the upward momentum accelerating after the release of second-quarter deliveries on Tuesday. The flagship fund of
Exchange-Traded Funds, Equity Futures Mixed Pre-Bell Wednesday Ahead of Economic Data Deluge
The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was flat and the actively traded Invesco QQQ Trust (QQQ) was 0.03% lower in Wednesday's premarket activity as markets traded mixed ah
Ex-Twitter Executive Steers AI Startup Abnormal Security To $5B Valuation In Latest Funding Round: Report
Abnormal Security, an AI-powered cybersecurity startup, is reportedly set to be valued at $5 billion in a new funding round, marking a significant increase from its previous valuation.What Happened: T
Nvidia CEO Jensen Huang Sells Over $29M Worth Of Shares As Company's Stock Shoots Up 155% In 2024 Amid AI Frenzy
Nvidia Corp (NASDAQ:NVDA) CEO Jensen Huang has sold over $29 million worth of shares amid the company's remarkable stock market performance.
Options Market Statistics: Tesla Deliveries Fall 5% but Slightly Exceed Market Expectations, Options Pop
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