As Huang is a CEO with insider information, he sells stock with regular plan. The newest plan was adopted in March. There is a regular schedule. This this nothing new and the amount sold is nothing out of ordinary for him. He has a broker without insider information who follows the plan, and sells when they think it's right withing the goal in mind.
It has been batches between $30-40 million in a few weeks.
He has sold $340 million worth of Nvidia stock in the last 6 months.
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ADVICE: do not learn about investing, business or economics by following news or social media, or opinionated blogs. Those are planned to keep you clicking or having opinions without understanding or relevant context.
This was a non-news, but how many of you knew it?
visitednews•15h ago
Hey,
This article is based on the Filings submitted by Nvidia with SEC
nabla9•13h ago
Not newsworthy and it's not good journalism.
It is churnalism, rapid production of content by simply "churning out" pre-packaged material with no additional research, context, fact-checking.
More importantly there was no context. I provided the context. Basically journalists is tasked to just find something to write article about, rewording news from other sources and press statements, often with minimal additional research or fact-checking.
Replacing work that Krishna Mali does with LLM's is easy job and a good thing. You can just scan original stories from other news sites, press releases and government sites and _reword_ them.
nabla9•17h ago
It has been batches between $30-40 million in a few weeks.
He has sold $340 million worth of Nvidia stock in the last 6 months.
---
ADVICE: do not learn about investing, business or economics by following news or social media, or opinionated blogs. Those are planned to keep you clicking or having opinions without understanding or relevant context.
This was a non-news, but how many of you knew it?
visitednews•15h ago
This article is based on the Filings submitted by Nvidia with SEC
nabla9•13h ago
It is churnalism, rapid production of content by simply "churning out" pre-packaged material with no additional research, context, fact-checking.
More importantly there was no context. I provided the context. Basically journalists is tasked to just find something to write article about, rewording news from other sources and press statements, often with minimal additional research or fact-checking.
Replacing work that Krishna Mali does with LLM's is easy job and a good thing. You can just scan original stories from other news sites, press releases and government sites and _reword_ them.