Speaker Emerita Nancy Pelosi’s (D-CA) husband traded $38 million worth of stock in the weeks prior to President Donald Trump’s inauguration.
Paul Pelosi, a venture capitalist, sold $24 million of Apple stock and $5 million worth of chip-maker Nvidia stock. Nvidia has been especially because the company’s chips has helped fuel the artificial intelligence revolution.
Paul Pelosi even purchased stock in a relatively unknown Chicago, Illinois-based healthcare company, Tempus AI, that uses artificial intelligence to process clinical and molecular data.
He bought $100,000 worth of call options in Tempus AI on January 14, and since then, the AI company’s stock price has soared.
The ex-Speaker’s husband is required to disclose any stock trades.
In the year prior to December 30, the Pelosi’s stock portfolio has appreciated more than 70 percent, far eclipsing the average…