Google and Amazon Outperform After Pelosi's Aggressive Call Bets, While Tempus AI Soars 17%

Google and Amazon soared over 1.5% in pre-market trading, significantly outperforming the broader index futures and other peers, after Nancy Pelosi revealed her call options. Meanwhile, Tempus AI surged 17% following her initial buy.

Former House Speaker Nancy Pelosi filed a report on Monday revealing large trades made between mid-December and mid-January, including positions in Apple, Nvidia, Amazon, and Alphabet, along with some mid-cap stocks.

Pelosi, who currently represents California's 11th Congressional District, disclosed that she sold 31,600 shares of Apple stock, valued between $5 million and $25 million, on the last trading day of 2024—her largest trade in the past month. Apple's stock has dropped 8% year-to-date and fell 2% in pre-market trading after a downgrade by Jefferies, which issued a cautionary outlook.

She also purchased 50 call options in Alphabet (Google's parent company) and Amazon, each with a strike price of $150 and an expiration date of January 16, 2026. Both transactions were valued between $250,001 and $500,000 and occurred on January 14, 2025.

In addition, Pelosi sold 10,000 shares of Nvidia (NASDAQ: NVDA) for $1 million to $5 million, exercised 500 call options on Nvidia worth between $500,001 and $1 million, and purchased 50 call options in the chipmaker with a strike price of $80 and an expiration date of January 16, 2026.

Pelosi also bought call options in mid-cap stocks, including 50 options in Tempus AI (valued between $50,000 and $100,000) and 50 options in Vistra Energy Corp. These stocks saw pre-market gains of 17% and 4%, respectively.