"Nancy Pelosi, the stock market goddess on Capitol Hill, bets on Nvidia and Broadcom, sells Tesla and Visa
Former Speaker of the House Pelosi submitted a new congressional trading disclosure, revealing that last month she bought shares of semiconductor giants NVIDIA and Broadcom, and adjusted her holdings of Tesla and Visa. According to the disclosure, the congresswoman representing California's 11th district purchased 10,000 shares of NVIDIA stock, valued between $1 million and $5 million. She also bought 20 call options of Broadcom with a strike price of $800 and an expiration date of June 20, 2025, with a holding value between $1 million and $5 million. Riding the wave of artificial intelligence consumer trends, NVIDIA and Broadcom have risen by 154% and 52% respectively year-to-date. The disclosure also shows that the 84-year-old congresswoman sold 2,500 shares of Tesla stock, valued between $250,001 and $500,000. She also sold 2,000 shares of Visa stock, valued between $500,001 and $1 million. Due to better-than-expected second-quarter performance, Tesla's stock price surged by 6.54% on Wednesday
According to the Zhītōng Finance and Economics APP, a new congressional trading disclosure submitted by former Speaker of the House Pelosi revealed that last month she bought shares of semiconductor giants NVIDIA (NVDA.US) and Broadcom (AVGO.US), and adjusted her holdings of Tesla (TSLA.US) and Visa (V.US).
According to the disclosure, the congresswoman representing California's 11th district purchased 10,000 shares of NVIDIA stock, valued between $1 million and $5 million. She also bought 20 call options of Broadcom with a strike price of $800 and an expiration date of June 20, 2025, with a holding value between $1 million and $5 million. Riding the wave of artificial intelligence consumption, NVIDIA and Broadcom have risen by 154% and 52% respectively year-to-date.
The disclosure also shows that the 84-year-old congresswoman sold 2,500 shares of Tesla stock, valued between $250,001 and $500,000. She also sold 2,000 shares of Visa stock, valued between $500,001 and $1 million. Due to better-than-expected second-quarter performance, Tesla's stock price surged by 6.54% on Wednesday