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
  • hark@lemmy.world
    21·
    9 months ago

    Insider trading is theoretically illegal in all other contexts, why are congress creeps special?

    • doctorcrimson@lemmy.world
      2·
      9 months ago

      Former Congressman Stephen Buyer went to prison for 2 years for insider trading.

      What is Nancy Pelosi’s insider trade? I recommend submitting a tip to the SEC, you could get payed a pretty penny for it if it leads to evidence and a conviction.