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Express News | Pelosi strikes again! Buy call options for Broadcom, shareholding in NVIDIA stocks, sell stocks of Tesla.
Nvidia rose more than 4.5% in the US stock market and received an increase in shareholding by the "Congress Mountain God".
On July 4th, Nvidia's stock rose more than 4.5% to $128.28, with a total market capitalization of $3.16 trillion. In news, Pelosi, known as the "Stock Queen on Capitol Hill" in the USA, announced several new stock trades before the July 4th holiday, continuing the tradition of reporting trades around market holidays. Among them, she purchased 10,000 shares of Nvidia's stocks, with a purchase amount ranging from $1-5 million.
Express News | Nvidia CEO Huang Renxun sold nearly $167 million worth of Nvidia stocks in June, setting a new record for monthly sales.
Is the market becoming impatient? More and more people are discussing the fact that AI burns so much money but earns so little.
So far, AI technology has produced almost no economic benefits. Faced with the huge gap between burning and earning money with AI, the market's patience for technology stocks is gradually disappearing.
In June, Nvidia's stock holdings were reduced by US$169 million, and Huang Renxun's “sell-off stocks to cash out” set a new record!
① Hwang In-hoon reduced his holdings of the company's shares worth nearly US$169 million in June, which is also the biggest reduction in a single month; ② The data shows that since the beginning of 2020, including the June sell-off, Hwang In-hoon has cashed out nearly 1.1 billion US dollars of shares.
"Stock God of Capitol Hill" makes a move: shareholding in Nvidia, selling Tesla.
Former speaker of the United States House of Representatives Pelosi and her husband have had a remarkable track record in the stock market, so their investment trends have received widespread attention from the market.