Nancy Pelosi bought at least $3.75 MILLION of Bloom Energy and Intel.
And she bought shares AND calls.
Here’s her updated portfolio:
– $BE: 15,000 shares plus 200 call contracts. Combined purchase range: $3M–$12M.
– The Bloom calls have a $100 strike and expire June 17, 2027.
– $INTC: 10,000 shares plus 50 call contracts. Combined purchase range: $750K–$1.5M.
– The Intel calls have a $50 strike and the same June 2027 expiration.
– These were Pelosi’s trades, made July 24–28 and disclosed August 21. The filing reports dollar ranges, so nobody can honestly give you the exact amount spent.
Bloom is very interesting…
It supplies electricity directly at customer sites, including data centers. Oracle has already contracted 1.2 GW of capacity under an agreement that could reach 2.8 GW.
My read: this adds a substantial bet on the electricity needed to keep building AI.
That’s worth researching. But we’re seeing July purchases after the fact. Whether they make sense at TODAY’S prices is the question that matters for us…
Nancy Pelosi bought TEM $20 calls in Jan 2025, then exercised into 5,000 shares this January when the stock was ~$70.
$TEM is $64.50 now.
You are welcome.