Author Topic: Pelosi’s husband raked in over $1,200,000 on Nvidia stock bet in just three months  (Read 526 times)

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Online mystery-ak

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Pelosi's husband made over $1.25 million on Nvidia stock bet in just three months
Pelosi received widespread scrutiny over past call options in the computer chip company
By Joe Schoffstall Fox News
Published February 23, 2024 3:52pm EST

Rep. Nancy Pelosi, D-Calif., who has received widespread scrutiny over her husband's stock purchases, is making bank on another well-timed bet on a familiar corporation.

The California Democrat's husband, Paul, who owns a San Francisco investment and consulting firm, scooped up between $1 million and $5 million worth of call options in computer chip company Nvidia on Nov. 22. Pelosi, however, held off on reporting the transaction until right before Christmas.

Nvidia is not new to the Pelosis. In 2022, Paul grabbed more than $1 million in Nvidia call options — which give investors the right to buy shares of a company at a specific price — just weeks before a congressional vote on providing massive subsidies to the chip manufacturing industry. He sold them after she received criticism over their timing.

At the time, Pelosi said that her husband had never made stock purchases based on information she had given him when pressed by Fox News Digital. Her office also distanced her from Paul's financial decisions.

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https://www.foxnews.com/politics/pelosi-husband-made-over-1-25-million-nvidia-stock-bet-just-three-months

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Offline libertybele

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$1.25M - that's a whole lot of expensive ice cream to keep Nancy happy. Maybe the two of them should take a really, really, long, long, vacation out of the country.  They so deserve it. /s
Romans 12:16-21

Live in harmony with one another; do not be haughty, but associate with the lowly, do not claim to be wiser than you are.  Do not repay anyone evil for evil, but take thought for what is noble in the sight of all.  If it is possible, so far as it depends on you, live peaceably with all…do not be overcome by evil, but overcome evil with good.

Offline deb

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$1.25M - that's a whole lot of expensive ice cream to keep Nancy happy. Maybe the two of them should take a really, really, long, long, vacation out of the country.  They so deserve it. /s

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Offline PeteS in CA

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Nvidia designs Graphics Processing Units and other ICs - and relevant SW - but is fabless. Other than increasing the number of foundries Nvidia could potentially use, I'm not sure Nvidia benefited from the subsidies to the chip manufacturing industry. It's very possible that Paul Sr.'s purchase was related to some new product Nvidia was releasing, not Congressional inside information.
If, as anti-Covid-vaxxers claim, https://www.poynter.org/fact-checking/2021/robert-f-kennedy-jr-said-the-covid-19-vaccine-is-the-deadliest-vaccine-ever-made-thats-not-true/ , https://gospelnewsnetwork.org/2021/11/23/covid-shots-are-the-deadliest-vaccines-in-medical-history/ , The Vaccine is deadly, where in the US have Pfizer and Moderna hidden the millions of bodies of those who died of "vaccine injury"? Is reality a Big Pharma Shill?

Millions now living should have died. Anti-Covid-Vaxxer ghouls hardest hit.

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Offline mountaineer

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Hey, Botox ain’t cheap.
Neither, I assume, is Grey Goose.
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Offline rustynail

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Money won't buy much time.

Offline Fishrrman

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1,200,000?

Makes o'er-the-hillary's "livestock futures trading" look like peanuts...