The ghost of Robodebt – Federal Court rules billions of dollars in welfare debts must be recalculated 
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks 
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
Glastonbury is as popular than ever, but complaints about the lineup reveal its generational challenge 
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit 
Columbia Student Mahmoud Khalil Fights Arrest as Deportation Case Moves to New Jersey 
Yes, government influences wages – but not just in the way you might think 
Elon Musk’s SpaceX Acquires xAI in Historic Deal Uniting Space and Artificial Intelligence 
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate 
Elon Musk’s Empire: SpaceX, Tesla, and xAI Merger Talks Spark Investor Debate 
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 
Can your cat recognise you by scent? New study shows it’s likely 
Canada’s local food system faces major roadblocks without urgent policy changes 
TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans 
AMD Shares Slide Despite Earnings Beat as Cautious Revenue Outlook Weighs on Stock 
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates 
The American mass exodus to Canada amid Trump 2.0 has yet to materialize 
Nancy Pelosi, a prominent Democrat, has reportedly earned $15 million in stock gains over the past 10 days, driven primarily by strategic investments in NVIDIA. These gains have drawn significant attention from retail traders eager to emulate her stock-picking success.
Nancy Pelosi’s Strategic Stock Moves in NVIDIA and Broadcom Draw Attention from Retail Investors
Nancy Pelosi, a prominent Democrat with a long career on Capitol Hill, has gained a reputation as a stock-picking powerhouse. She inspires many retail traders to follow her market moves to capture some of the"alpha" she generates. Alpha is a metric that measures a stock picker’s ability to achieve returns exceeding the broader markets.
In early July, Pelosi attracted attention by announcing a series of transactions just before the Fourth of July holiday in the United States. Specifically, she acquired 10,000 shares of NVIDIA and Broadcom call options, reduced her Visa stake by 2,000, and sold 2,500 Tesla shares. On July 31, Pelosi increased her position in NVIDIA by purchasing an additional 10,000 shares and sold 5,000 shares of Microsoft.
Pelosi’s $15 Million Gains Highlighted by NVIDIA Options as Congressional Trading ETF Awaits Launch
In addition to her physical shares, Pelosi holds 500 long-term NVIDIA call options (LEAPS) with a $12 strike price. According to Wccftech, these strategic moves have yielded significant returns, with Unusual Whales estimating that Pelosi has accrued approximately $15 million in profits over the past ten days—roughly 75 times the annual salary of a career Democrat, which stands at around $200,000.
These extraordinary gains appear primarily driven by NVIDIA’s strong recovery following the downturn caused by the Japanese Yen carry trade in early August. In response to the growing retail interest in following Congressional trades, particularly those of Pelosi, Tuttle Capital filed an application with the SEC in early July to launch the Tuttle Capital Congressional Trading ETF. This ETF is designed to invest in companies in which members of the U.S. Congress or their spouses have publicly disclosed investments, as required by the STOCK Act. Although trading for this ETF was expected to begin in August, it has yet to commence.
