I can see why Nancy Pelosi's stocks are good, it's been years and my wife's

[theking]

...Nvidia GEFORCE RTX 3090 still rocks and performs flawlessly. Here's a photo of her 3090:

Nancy Pelosi, husband betting millions on Nvidia despite scrutiny of congressional stock trading

Former House Speaker Nancy Pelosi and her venture capitalist husband are once again betting big on AI software giant Nvidia after dumping their shares in the company amid scrutiny of congressional stock trading, according to new filings.

The X account known as Congresstradin g, which tracks stock trades executed by lawmakers on Capitol Hill, published a screenshot of a disclosure form that showed that Pelosi, the San Francisco Democrat, and sitting congresswoman, bought 50 call options with a strike price of $120 and an expiration date of Dec. 20, 2024.

The transaction, made last month, was for $2 million, according to popular stock-trading news site Unusual Whales. The disclosure form showed the amount as between $1 million and $5 million.

“Pelosi bet millions on $NVDA in November using call options. Using a deceptive tactic, she purposely disclosed this on the Friday before Christmas weekend to avoid media coverage,” Congresstradin g tweeted.

The Post has sought comment from Nancy and Paul Pelosi.

Pelosi, 83, sparked outrage when she was House Speaker by resisting calls to enact legislation that would bar sitting members of Congress and their spouses from buying and selling stock in companies they regulate.

Santa Clara, Calif.-based Nvidia, which is listed on the Nasdaq index, closed Friday at 488.30. Trading resumes on Tuesday after the markets were closed for Christmas.

Former House Speaker Nancy Pelosi and her husband, venture capitalist Paul Pelosi, remain active stock traders despite her being a sitting member of Congress.

Financial experts said that the Pelosis’ investment shows they are bullish on Nvidia in the coming year.

A call option “grants the holder the right, but not the obligation, to buy a specific quantity of an underlying asset at a predetermined price within a specified time frame,” Justin Rush, a financial planner with the Michigan-based family wealth management firm Nemes Rush, told The Post on Monday.

“This can be advantageous when you anticipate the value of the asset will rise, allowing you to buy it at a lower, predetermined cost,” he added.

Paul Pelosi is a noted trader and the couple has a reported net worth of more than $140 million. They have netted millions of dollars in profit from buying call options on blue-chip stocks such as Google, Salesforce, Roblox, and Disney.

In July of last year, the pair announced that they sold 25,000 shares of Nvidia at an average price point of $165.05 a share — netting themselves a sale price of $4.125 million.

[Hung_Low]

Come on... we all know what the Pelosi did was inside trading. And her claiming that she and her husband don't share financial information in regard to stocks is pure BS. If she was not such a big influencer to the Dems, she might have been arrested already. Not just her but majority of these politicians (both side of the spectrum) that became wealthy after winning offices.

[theking]

Nvidia fever is here. Why the chipmaker is the world’s hottest stock.

SAN FRANCISCO - In high school, all Pablo Nava Barrera knew about Nvidia was it made the graphics card inside his video gaming computer. But as he began looking for internships last fall, the computer science sophomore at San José State University discovered the company’s chips were behind “generative” AI tools like ChatGPT and self-driving cars.

Now Nava, 19, not only has a summer internship at Nvidia, he’s also a stockholder. Using cash saved from gifts and part-time jobs, he bought an undisclosed amount of Nvidia shares last month. He’s already seen a 15 percent gain.

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“It’s impressive how they’ve transitioned from a company with the greatest graphics chips to an AI powerhouse,” said Nava, who plans to hold on to his investment “indefinitely.”

As its stock price has soared nearly 300 percent over the past year, Nvidia fever has swept Silicon Valley and computer science programs across America. At college job fairs, hundreds of students line up to meet the company’s recruiters. On TikTok and Reddit, people debate whether it’s too late to invest. And along the highway between the valley and downtown San Francisco, billboards trumpet the availability of Nvidia’s chief product - microprocessor s known as GPUs - from start-ups that have bought the chips to cash in on the overwhelming demand.

Nvidia’s chips power the AI models behind the artificial intelligence boom, including popular tools like ChatGPT. Big Tech companies from Google to Meta to Amazon need the chips to power their AI tools and big data centers. Demand is skyrocketing, driving the price per chip to as much as $30,000 - if you can find one. The company is now worth more than $2 trillion - more than Google or Amazon - and trailing only Microsoft and Apple in the competition to claim the title as the most valuable company in the world. This week, Nvidia’s stock price increase drove the S&P 500 to a record close.