NANCY PELOSI OWNS THE STOCK OF THE MOST CORRUPT TECH COMPANIES … THAT SHE IS SUPPOSED TO REGULATE!!!

TALK ABOUT THE FOX IN THE HEN HOUSE…

SHE PROTECTS THEM AND THEIR CRIMES!!!

PELOSI COVERS-UP THE CRIMES OF BIG TECH’S BIGGEST CROOKS AND MONOPOLIES AND GETS PAID BRIBES IN INSIDER TRADING!!!

What does Nancy know? Pelosi buys up to $5m in San Fran software company’s stocks – adding to her hugely successful portfolio

What does Nancy know? Congresswoman Pelosi buys $5m in San Fran software company's stocks

Former House Speaker Nancy Pelosi spent upwards of $5 million on a 10-year-old software company called Databricks. Since 1987, Pelosi has invested $123 million in trading stocks with $60 million being spend between 2020 and 2023 alone. Pelosi has also heavily invested in Tesla, Nvidia, and Google’s parent company, Alphabet.

  • Former house speaker Nancy Pelosi spent up to $5 million on stocks
  • Databricks, a private AI software company, formed as a startup in 2013 
  • Pelosi has invested more than $120 million in trading stocks since 1987
  • READ MORE: Nancy Pelosi’s stocks trades saw a staggering 65% return last year

 

Former House Speaker Nancy Pelosi has invested up to $5 million in a San Francisco-based company, adding to her successful portfolio of Big Tech.

Documents revealed Pelosi’s transaction with privately held Databricks, which is a software company based on AI technology, took place on March 3 and was disclosed on March 21.

Databricks is just the latest newcomer to Pelosi’s long list of companies, but there are eight major names that she has invested $16 million in since 2022.

While she has not broken any laws by buying and selling stocks, many Americans and other government officials see the investments as conflicts of interest since she has access to confidential intelligence and the power to impact businesses.

Documents revealed Pelosi's transaction with privately held Databricks, which is a software company based on AI technology, took place on March 3 and disclosed on March 21

Documents revealed Pelosi’s transaction with privately held Databricks, which is a software company based on AI technology, took place on March 3 and disclosed on March 21

Databricks is just the latest newcomer to Pelosi’s long list of companies, but there are eight major names that she has invested up to $16.1 million in since 2022

Databricks, founded in 2013, raised $500 million last year based on a $43 billion valuation.

The California company offers cloud-based tools for processing and transforming data – and is used by the likes of Microsoft.

While the company is a late-stage startup, it reported $1.6 billion in revenue last year – more than a 50 percent increase from 2022 – and industry experts have speculated the firm is preparing for an initial public offering (IPO).

Databricks also announced March 18 a collaboration with Nvidia – another Big Tech company in Pelosi’s portfolio.

However, there has never been any evidence showing Pelosi has conducted insider trader when buying and selling stocks and there are no laws prohibiting government officials from playing from doing so.

Pelosi retired stepped away from her role as Speaker of the House in 2022, but still holds a position in Congress.

Chris Josephs, co-founder of Autopilot, a service that automates your portfolio by copying top-notch traders in real-time, told Investor.com: ‘From an ethical perspective, I believe it is extremely harmful for politicians to trade individual stocks.

‘There are numerous jobs out there that don’t allow employees from trading, yet our most powerful [A]mericans can.’

Her net worth was estimate to be over $100 million, yet the House of Representatives and Senate‘s salary is about $$223,500 for the year.

Many of the buying and selling of stocks has been claimed to have made by her husband Paul, but law requires spouses of public officials must report financial transactions valued at more than $1,000.

However, every released transaction document seen by DailyMail.com has been filed under ‘Nancy Pelosi.’

In 2021, Congress proposed a bill that would ban members from trading stocks under the precedent that it could be considered insider trading – when a person uses their knowledge of a company’s finances and business practices to make money off their stock.

When asked that year if members of Congress should be allowed to trade stocks, Pelosi answered: ‘We are a free-market economy. They should be able to participate in that.’

Walter Shaub, former director of the U.S. Office of Government Ethics, was outspoken against Pelosi’s argument, calling it a ‘ridiculous comment,’ in a now-deleted X post, CNBC reported at the time.

READ MORE: The members of Congress who made the MOST money out of trading stocks in 2023 as calls for a ban grow

The volume of transactions is down from previous years and former House Speaker Nancy Pelosi is no longer Congress’ best trader through her husband Paul.

He continued: ‘She might as well have said ‘let them eat cake.’ Sure, it’s a free-market economy.

‘But your average schmuck doesn’t get confidential briefings from government experts chock full of nonpublic information directly related to the price of stocks.’

Just months after Pelosi voiced her opposition to a bill banning Congress members from stock trading, she reversed her opinion and said she would be pushing to greenlight the Congressional Knowledge Act.

The bill didn’t pass, and in the two years since, Pelosi has bought a collective $27.6 million worth of stocks, bringing her total trade volume up to a whopping $123.9 million, according to Quiver Quantitative.

But again, she disclosed that many of the investments were made by Paul.

Below are the eight Big Tech company’s in Pelosi’s portfolio:

Nvidia

Nvidia is a software company that sells the high-end graphics and video processing chips that are used in AI technology, desktops, and computer servers.

In November 2023, the transaction document filed by Pelosi showed an invested amount between $1 million and $5 million in the company.

At the time, 50 call options were bought with a strike price of $120.

Those same options are now worth about $660 per option contract, suggesting an estimated gain of $1.4 million, Investing.com reported.

Call options are essentially contracts that gives the person the right to buy a stock off of the seller, but they don’t have to pay immediately.

The document from the Clerk of the House of Representatives show the stock trades that Paul Pelosi made in 2022 that also include shares he sold from Apple and Visa

If the stock increases, it means the buyer is getting it for less money than if they had waited, but if it goes down, the buyer can back out of the contract without paying and without any repercussions.

On June 17, 2022, her husband Paul also purchased 20,000 shares in Nvidia – days before a legislative vote that could hand $52 billion to semiconductor producers.

And this year, Nvidia revealed it had partnered with the US government in an AI research program.

There’s no suggestion that Paul broke the law – but some have questioned whether he may have additional information as to how the upcoming Senate vote will go.

Craig Holman, a government affairs lobbyist for the left-wing think tank Public Citizen, told the Daily Caller News Foundation that ‘it certainly raises the specter that Paul Pelosi could have access to some insider legislative information.’

Apple

Apple is the largest public company in the world and is worth about $2.9 trillion, and in June 2023, Pelosi purchased 50 call options for between $250,000 and $500,000.

Apple is the largest public company in the world and is worth about $2.9 trillion, and in June 2023, Pelosi purchased 50 call options for between $250,000 and $500,000

Apple is the largest public company in the world and is worth about $2.9 trillion, and in June 2023, Pelosi purchased 50 call options for between $250,000 and $500,000

The California Democrat also disclosed that her husband, financier Paul Pelosi, on May 13 bought Apple call options for between $500,001 and $1 million

The California Democrat also disclosed that her husband, financier Paul Pelosi, on May 13 bought Apple call options for between $500,001 and $1 million

The California Democrat also disclosed that her husband on May 13 bought Apple call options for between $500,001 and $1 million.

On May 24, he bought more Apple call options, in an amount between $250,001 and $500,000, the disclosure showed.

Microsoft

Microsoft is one of the first companies to market artificial intelligence software and has invested roughly $13 billion in ChatGPT maker OpenAI.

In June 2022, Pelosi disclosed that her husband bought Microsoft call options for as much as $600,000 – one option between $50,001 and $100,000 and another with a low of $250,001 and $500,000.

Paul also paid $1.95 million to buy 15,000 shares of Microsoft at a strike price of $130 in Marcy 2021.

Shortly after, share prices hit about $230 to $255 due to the company securing a $22 billion government contract to supply the US Army with augmented reality headsets.

Microsoft also joined Nvidia in January 2024 to work with the government on the AI project.

Alphabet

Google’s parent company, Alphabet is the leader in online advertising and in September 2022 garnered 200 call options from Paul, amounting to between $1 million and $5 million, according to the transaction information filed by his wife.

Since then, the shares have only risen by 12 percent.

Paul also sold 30,000 shares of Google sock in December 2023 – a month before the the tech giant was sued by the Department of Defense and eight states over alleged antitrust violations.

Nancy Pelosi has invested millions of dollars in the US stock exchange, with 60 percent going to tech companies

Nancy Pelosi has invested millions of dollars in the US stock exchange, with 60 percent going to tech companies

Tesla

Tesla is the primary EV maker in the US, has a market cap of $742 billion, and in March of last year, Pelosi purchased 2,500 shares.

In 2022, she disclosed that her husband had purchased the shares for between $1 million and $5 million.

Pelosi’s Tesla investment in December 2020 came only a month before President Joe Biden signed an executive order to transition all federal, state, and local government vehicles to the zero-emission alternative by 2035.

AllianceBernstein Holding LP

AllianceBernstein is an investment management and research firm that works with high net-worth and retail investors.

As of March 18, 2024, the company has a net worth of $3.8 billion.

Her yearly gains are an even bigger return than in December, when DailyMail.com used a tool dedicated to tracking her investments, revealing her portfolio returned a remarkable 50 percent in the previous 12 months

Her yearly gains are an even bigger return than in December, when DailyMail.com used a tool dedicated to tracking her investments, revealing her portfolio returned a remarkable 50 percent in the previous 12 months

The transaction document, filed by Pelosi, showed a purchased 10,000 shares in February 2022 for between $250,000 and $500,000, but since then.

Disney

Walt Disney Co. is a media and entertainment company that runs theme parks, cruise lines, movie and television studios as well as streaming services including Hulu, Disney+, and ESPN+.

In January 2022, Pelosi bought 100 call options, costing her between $1 million and $5 million.

PayPal

PayPal is a payment platform that is worth $69.7 billion, and in January of last year, Pelosi or her husband purchased 5,000 shares of the company – costing between $500,000 and $1 million.

But in December 2023, she reported the shares had been sold at a loss of more than $850,000 as the company’s stock plummeted by a shocking 78.8 percent.

Author: swmof88