Nancy Pelosi and her husband Paul are back under the microscope, and no, this time it’s not about Paul getting whacked with a hammer in his underwear or Nancy’s “rules for thee but not for me” salon visit during COVID. No, no. This is about something that could be way bigger… like, “Did she just Matrix-dodge a $17 billion bullet?” bigger.
It all starts with Nvidia, the AI stock that tripled in 2023, doubled in 2024, and had the world convinced that CEO Jensen Huang was basically the Steve Jobs of GPUs. Then DeepSeek happened.
I know you’ve pretty much got a bachelor’s degree on the Deepseek drama but for those who don’t have social media… DeepSeek is China’s answer to OpenAI, Google’s Gemini, and Anthropic’s Claude… but with a fraction of the cost and computing power. In other words, it’s like if Toyota suddenly dropped a truck with more horsepower than a F-150 and got 500 miles to the gallon. Naturally, investors freaked out, and Nvidia’s stock crapped 20%... its worst drop since the COVID crash. And guess who wasn’t holding the bag when that happened? That’s right. Nancy and Paul Pelosi.
According to filings, Pelosi sold off 10,000 Nvidia shares on New Year’s Eve, a position worth somewhere between $1 million and $5 million. Not content with just dodging one AI landmine, she also dumped 31,600 shares of Apple (valued between $5 million and $25 million) just before Apple took a similar hit from DeepSeek’s emergence.
Paul Pelosi, who has an uncanny ability to place multi-million-dollar bets on companies right before massive government contracts and regulatory shifts, was also busy. He offloaded $5 million in Nvidia stock and $24 million in Apple shares, right before tech stocks got blown up.
But here’s where it gets even dirtier. Weeks after their flawless Nvidia and Apple trades, Paul Pelosi turned around and started loading up on call options for other tech stocks, including Google, Amazon, and a startup called Tempus AI. These options give him the right to buy shares at a set price later… a move that can pay off big if the stock soars. And wouldn’t you know it? Tempus AI spiked 30% after it was revealed Pelosi had taken a position. A pure coincidence, I’m sure.
Now, of course, Nancy Pelosi’s spokesperson assures us that she personally doesn’t own stocks and has no involvement in any of these trades. Right. And I don’t check my wife’s Amazon packages when they mysteriously pile up at the front door.
At this point, tracking congressional trades might be the best investment strategy out there. And judging by Pelosi’s net worth (hovering deep in nine-figure territory), it’s hard to argue with the results.
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Stock.News has positions in Google, Amazon, and Apple.
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