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
  • OldWoodFrame@lemm.ee
    1·
    11 months ago

    Who says they do? Everyone holding Nvidia got the gains, it’s the 6th largest company by market cap, everybody with enough money in the stock market (or any shares in an S&P 500 index fund) owns some.

    And you’ll never see an article about Nancy Pelosi losing money because nobody cares, so if she has a lot of money in a lot of places, you’ll just see the bets that succeeded and think she’s killing it.