Investopedia Markets News (all except PF)

• A video game maker faced pressure on Friday, Nov. 7, 2025, after delaying the release of a highly anticipated title, while strong quarterly results helped lift shares of a travel booking company.
• Expedia reported better-than-expected earnings on strong domestic demand, and its shares surged.
• Take-Two Interactive Software shares slumped after the video game maker said it would postpone the launch of its "Grand Theft Auto VI."

A video game maker's stock came under pressure after a decision to delay a highly anticipated game's launch, while solid growth in gross bookings helped shares of a travel firm push higher.

Major U.S. equities indexes finished Friday's session mixed as the Michigan Consumer Sentiment Index declined to its lowest level since June 2022, suggesting that the U.S. government shutdown is negatively affecting people's views of the economy. Tech stocks remained under pressure amid concerns about the elevated valuations of artificial intelligence plays.

The Dow added 0.2% and S&P 500 ticked 0.1% higher, while the tech-heavy Nasdaq dropped 0.2%. All three posted weekly losses, with the Nasdaq concluding its worst week since early April, when President Donald Trump's "Liberation Day" tariffs rattled markets. See here for more from Investopedia on the day's major market news.

Take-Two Interactive Software (TTWO) was the worst-performing stock in the S&P 500 Friday, as shares plunged 8% after the video game maker announced another delay in the release of its highly awaited title "Grand Theft Auto VI." The latest postponement of the major release overshadowed Take Two's stronger-than-expected earnings and an improved full-year outlook.

Shares of Block (XYZ) tumbled nearly 8% after the payments provider missed third-quarter sales and adjusted profit forecasts. While growth from the company's Cash App platform underpinned year-over-year gains in gross profit, outpacing growth from the payments unit Square, the results reflected rising expenses, including an increase in general and administrative costs.

Tesla's (TSLA) stock slipped close to 4%, a day after shareholders voted to approve a big pay package for CEO Elon Musk that could be worth $1 trillion if the company and its stock reach outlined performance goals. The plan, which represents the biggest CEO pay plan on record, passed with more than 75% of votes cast in favor.

The top daily performance in the S&P 500 belonged to shares of Expedia Group (EXPE), which soared over 17%. The online travel platform operator surpassed profit expectations for the third quarter on strong domestic demand. Expedia also lifted its guidance for annual revenue growth to a range of 6% to 7%, up from a previous forecast of 3% to 5%.

Akamai Technologies (AKAM) shares powered close to 15% higher after the cybersecurity and cloud computing firm reported better-than-expected earnings for the third quarter and boosted its outlook. Robust demand for its Guardicore security platform and cloud infrastructure services helped drive Akamai's strong performance.

Solventum (SOLV), a health care company spun off from 3M (MMM) in 2024, also topped expectations with its quarterly sales and adjusted profit. The company noted a positive impact from portfolio optimization and divestitures, including the sale of its purification and filtration business, which closed in September. Solventum shares gained 8% Friday.

• Tesla shareholders yesterday approved a pay package for CEO Elon Musk that could be worth $1 trillion if the company and its stock hit certain goals.
• One of the pay plan's performance targets is to expand Tesla's stock market valuation to $8.5 trillion from its current $1.4 trillion.

Tesla shareholders showed up for Elon Musk. Now it's up to the CEO to make good on his promises and make them—and him—richer.

Attendees at Tesla's (TSLA) annual shareholder meeting in Austin, Texas yesterday erupted in applause, chanting Musk's name after a tally showed that his compensation package valued at almost $1 trillion—the biggest CEO pay plan on record—passed with more than 75% of votes cast in favor. Enthusiasm for Tesla's future as more than just a car company eclipsed worries about the pay plan's lack of guardrails around key-person risk, as well as perceived excesses that drew tuts from the Pope.

The pay package stands to give the CEO the control he sought, with as much as a 25% stake in the company. Unlocking all 12 tranches of Tesla stock, for the largest possible financial reward, will require the company's market cap to reach at least $8.5 trillion and profits of $400 billion, and for the company to meet product goals including 20 million car deliveries, 1 million robots sold, and 1 million robotaxis in operation. (Tesla's market cap is around $1.3 trillion currently and it reported $4.2 billion in earnings before interest, taxes, depreciation, and amortization for the third quarter.)

The outcome of yesterday's shareholder meeting shows investors are eager to see Musk realize his ambitions of transforming the carmaker into a robotics and AI leader, though it also underscored some reluctance in green-lighting an investment in his private AI startup.

"What we're about to embark upon is not merely a new chapter of the future of Tesla, but a whole new book," Musk said in opening remarks last night. Later, he added: "Hang onto your Tesla stock."

Wedbush analyst Dan Ives in a report yesterday wrote that shareholders secured "Musk as a wartime CEO as the AI Revolution takes hold," giving the analyst "greater confidence in the TSLA story moving forward." Ives maintained a buy-equivalent rating on the stock and a 12-month price target of $600 that suggests upside of more than 40% from a recent price of $426.

As much as shareholders and Tesla's board appears keen on seeing the electric-vehicle company realize its potential as an AI contender, they showed some reluctance in investing in Musk's private company and OpenAI rival, xAI. The company's directors didn't take a position on a shareholder proposal for, or against, the measure that asked the board of directors to authorize an investment in it.

And while more shareholders voted in support than against, many refrained from voting; Tesla's board will "examine next steps," the company's legal counsel Brandon Ehrhart said during the company's shareholder meeting.

• Federal Reserve officials are divided on whether to cut interest rates again in December: Some are urging caution amid lingering inflation, and others are pushing for cuts to stimulate the job market.
• A lack of government data from the ongoing shutdown has made it harder for policymakers to assess the economy, deepening uncertainty about the Fed’s next move.

If another interest rate cut in December isn’t assured, this week’s barrage of Federal Reserve speakers is a clear indicator why. 

Some Fed officials appear undecided on whether to lower rates again next month, as many in financial markets expect them to do. A couple of others seem reluctant to cut again, while President Donald Trump’s newest appointee continues to press for more action. 

Fed officials are “all over the place” in their communications, Andrew Brenner, vice chairman at NatAlliance Securities, wrote to clients. He still thinks the Fed will cut rates at its next meeting on Dec. 9 and 10, though he noted persistent uncertainty from a federal government shutdown that’s now in its 38th day.

“There is a lot of wood to chop over the next five weeks, with or without government data,” Brenner said, adding that the message from the Fed has been “confusing.”

The Fed’s decision on rate cuts influences interest rates on mortgages, credit cards, auto loans, and savings returns, among other aspects of the economy.

The lack of data was clear on Friday, which marked the second month without an official U.S. jobs report. Fed officials are leaning more on private sector data, but they lack full visibility.

The cloudy picture is adding to Fed officials’ caution on a December cut. 

The data blackout “makes me even more uneasy” about lowering the fed funds rate soon, Chicago Fed President Austan Goolsbee told CNBC on Thursday. He argued that it’s easier to see in real-time whether the job market is faltering, as alternative labor market indicators should pick up stress. The official inflation data is harder to replace, however.

 “When it’s foggy, let’s just be a little careful and slow down,” Goolsbee told CNBC.

Fed Governor Stephen Miran, Trump’s latest central bank appointee, continued to press for quicker action in a Yahoo Finance interview. He said he’s more “sanguine” about inflation than other Fed officials and that higher-than-needed rates pose “unnecessary risks” to the job market.

The disparate messaging lines up with Fed Chair Jerome Powell’s description last week of “strongly differing views” within the central bank. 

“A further reduction in the policy rate at the December meeting is not a foregone conclusion—far from it,” Powell said in opening remarks at a press conference.

The caution about cutting—either in December or in 2026—is partly because inflation remains above the Fed’s 2% target.

The Fed cut rates in September and October, as the job market appeared to be weakening, putting its goal of full employment at risk. The Fed’s other goal is to keep inflation stable—which right now means ensuring it can fully return to 2% after a post-pandemic spike in prices. 

Inflation is still too high and “trending in the wrong direction,” Cleveland Fed President Beth Hammack said on Thursday, with some indices closer to 3% and suggesting momentum in bringing down inflation has stalled.

“I remain concerned about high inflation and believe policy should be leaning against it,” Cleveland Fed President Beth Hammack said at an Economic Club of New York event on Thursday, adding that “it's not obvious to me that monetary policy should do more at this time.”

Strong data on economic growth suggests “we’re in a pretty robust, healthy economy right now,” she said, arguing against more support from the Fed. 

She flagged the risk that unemployment may tick up a bit amid continued softening in the job market. But “the bigger miss” in the Fed’s dual mandate has been on inflation, not employment, she said.

“It's a really challenging time for policymakers,” Hammack said.

Hammack doesn’t vote in the Federal Open Market Committee meetings this year, though she will rotate into a voting spot in 2026. Another more hawkish member of the FOMC, Kansas City Fed President Jeffrey Schmid, voted to keep rates unchanged last week.

Other officials seem on the fence about December. Fed Governor Philip Jefferson, for example, said he’s sticking to his meeting-by-meeting approach ahead of next month’s FOMC meeting.

“This approach is especially prudent because it is unclear how much official data we will have before our December meeting,” he said. 

San Francisco Fed President Mary Daly said on Monday she will “keep an open mind” about December, according to Reuters.

St. Louis Fed President Alberto Musalem, meanwhile, noted the Fed’s cuts have been “appropriate” since they gave “insurance” against the risk of unemployment rising. However, he also noted inflation remains above the Fed’s 2% target. 

“We have to be very careful to continue to lean against above-target inflation, while continuing to provide some insurance to the labor market,” Musalem said at a Fixed Income Analysts Society event.

• Airbnb and Expedia executives expect brisk domestic demand this winter as Americans continue to book trips.
• The latest forecasts from the booking companies come as the U.S. faces the possibility of air-travel confusion due to the government shutdown.

Vacation-rental companies like the view these days.

Strong domestic demand prompted Expedia Group (EXPE) and Airbnb (ABNB) to issue rosy forecasts Thursday. Airbnb expects fourth-quarter sales to grow 7% to 10% year-over-year, according to its letter to shareholders. Expedia raised its full-year outlook and now anticipates revenue coming in 6% to 7% above last year.

Third-quarter nightly stays in the U.S. rose by a high-single digit percentage—Expedia’s fastest growth in more than three years, the parent company of Vrbo and Hotels.com said. Reservations didn’t come from the affluent alone, but also from the “lower-end”, CFO Scott Schenkel told investors on a conference call Thursday.

Schenkel's comments buck a trend outlined by a number of companies and analysts in recent months, with low- and moderate-income households seen curtailing their spending due to concerns about the job market and inflation and the affluent, who are benefiting from the frothy stock market, more comfortable continuing it.

It's hard to gauge how flight reductions will impact air travel rates and the broader travel industry. Experts seem to agree that significant repercussions are more likely the longer the situation persists. Given that, it may make sense to plan upcoming travel well in advance.

Airbnb reservations in North America grew by a mid-single digit percentage year-over-year in the third-quarter. The company had “meaningful acceleration” in the U.S. in part because it introduced a feature that allows consumers to pay their bill in installments, CFO Ellie Mertz told investors on a conference call Thursday.

“We’re encouraged by the continued momentum,” Mertz said, according to a transcript made available by AlphaSense. “Despite more difficult year-over-year comps, we're seeing strength in longer lead time bookings."

The upbeat outlooks are notable at a time when flight reductions are expected to, at least briefly, disrupt domestic travel. With the government shutdown exacerbating an air-traffic controller shortage, 40 U.S. airports began cutting capacity by 4% today and are set to reduce it by 10% by Nov. 14th, Transportation Secretary Sean Duffy said. The government will adjust capacity in response to staffing resources, and may decrease traffic by 20% if personnel becomes a bigger problem, Duffy said on Fox News Friday.

Revenue from air travel is a relatively small part of Expedia's overall revenue, Schenkel said, telling investors the company should be able to meet its goals even if the segment underperforms.

“While we, like everyone, hope for a fast and safe resolution of the situation, no matter what, we’ll be here for our travelers,” he said, according to a transcript. 

Several major hubs are part of the flight reduction mandate, presenting a risk of widespread disruption. The 40 airports in question accounted for nearly 69% of all passengers screened by the Transportation Security Administration in October, Deutsche Bank estimated.

Airlines will likely prioritize flying longer, more lucrative routes over regional ones, analysts said. People with upcoming travel plans may want to give themself an extra day to travel, steer clear of connecting and evening flights, and avoid using third-party booking services, according to the Public Interest Research Group. The consumer rights group has published a primer on travelers' rights here.

Flight reductions may temporarily increase passenger revenue per available seat mile—an industry revenue metric—but will likely be a drag on profit margins, analysts said.

“If the reductions were to continue through the Thanksgiving holiday travel period, we believe that the financial impact would be significant particularly for some of the weakest carriers,” Deutsche Bank said.

This article has been updated since it was first published to add new information and context.

• Major U.S. equities indexes lost ground Friday afternoon after a string of weaker-than-expected earnings reports and amid lingering worries about an AI bubble.
• Tesla shares slid after investors approved a pay package for CEO Elon Musk that could be worth $1 trillion if the company and its stock hit certain performance goals.
• Take-Two Interactive shares plunged after the video game maker delayed the launch of its next high-profile "GTA" game.

Major U.S. equities indexes pulled back Friday afternoon, led by the tech sector amid lingering worries about an AI bubble and after a string of weaker-than-expected earnings reports. The Dow, S&P 500, and Nasdaq all lost ground, with the Nasdaq on track to post its worst week since April, when President Donald Trump rattled markets with his "Liberation Day" tariffs.

Take-Two Interactive (TTWO) shares tumbled to lead losses in the S&P 500. The video game maker delayed the launch of its next high-profile "GTA" game until November 2026.

Block (XYZ) shares also plunged after the payments provider's third-quarter results missed analysts' estimates on the top and bottom lines, though it lifted its outlook.

Tesla (TSLA) shares slid after investors approved a pay package for CEO Elon Musk that could be worth $1 trillion if the company and its stock hit ambitious performance goals.

Expedia (EXPE) was the best-performing stock in the S&P 500 Friday afternoon, after the travel booking site posted quarterly earnings that topped analysts' expectations, with strong bookings from business clients.

Peloton (PTON) shares jumped after the connected fitness company reported better-than-expected quarterly results and gave an upbeat outlook for the holiday season, anticipating that a new product lineup could drive growth.

Oil and gold futures ticked higher. The yield on the 10-year Treasury note slid. The U.S. dollar lost ground to the euro and pound, but gained against the yen. Prices for most major cryptocurrencies traded higher.

• Block shares tumbled Friday after the payments provider posted weaker-than-expected earnings and higher expenses.
• Cash App remains a big source of growth for Block, outpacing Square's gross profit gains for the third quarter.

Block (XYZ) shares slumped Friday after the fintech company’s quarterly results fell short of Wall Street’s expectations on the top and bottom lines.

The stock dropped close to 8%, making it one of the biggest decliners in the S&P 500 Friday. Read Investopedia's full daily markets coverage here.

Block reported adjusted earnings of 54 cents a share on revenue that rose about 2% year-over-year to $6.11 billion in the third quarter. Both figures came in below analysts’ estimates. The payments provider’s gross profit grew 18% to $2.66 billion. Cash App’s 24% gross profit growth accounted for the majority of those gains, while gross profit at payments unit Square increased a more modest 9%.

The big drop in Block's stock following its results comes as traders punish companies more heavily for missed expectations this earnings season, and offer softer rewards for beating them.

Block raised its full-year guidance, citing strong trends across the business. The company now expects gross profit of $10.24 billion, up from its prior estimate of $10.17 billion. Block also boosted its forecast for full-year adjusted operating income to $2.056 billion from $2.03 billion. 

Still, investors focused on its earnings miss and rising expenses, including a nearly $70 million increase in general and administrative costs that the company attributed partly to “an in-person company event.” According to Block, general and administrative expenses would have been roughly flat year-over-year without that event. 

With Friday's plunge, shares of Block have lost nearly one-quarter of their value since the start of the year.

This article has been updated since it was first published to reflect more recent stock prices.

• Elon Musk said Tesla would need a "gigantic" semiconductor fabrication plant to support its AI ambitions and that he's considering working with Intel to make new chips.
• Such a deal would likely boost Intel's stock and sentiment around its trajectory. It could also buy some political goodwill for Tesla.

After a string of recent high-profile deals for Intel, could one with Tesla be next?

The question became inevitable after Tesla (TSLA) CEO Elon Musk told investors at the electric vehicle maker's shareholder meeting yesterday that the company, which has increasingly shifted its focus on AI and robotics, would need a "gigantic" semiconductor fabrication plant to support its AI ambitions and that he's considering working with Intel (INTC) to make new chips.

For Intel, a deal with Tesla would mark another big step in its turnaround plan, particularly if it came with commitments to its foundry manufacturing business, which has so far struggled to draw new clients. The chipmaker has also reportedly solicited business from Apple (AAPL).

A vote of confidence from Tesla in the form of a deal or partnership would likely boost Intel's stock and sentiment around its trajectory, particularly if it included commitments to Intel's foundry or manufacturing business central to maintaining its support from the U.S. government.

Shares of Intel climbed in early trading Friday following the news before paring back those gains. (Read our daily markets coverage here.) They were little changed recently, while Tesla shares were down about 4%. Intel declined to respond to Investopedia's questions about Musk's statement, while Tesla did not respond in time for publication.

The move could also buy some political goodwill for Tesla after a public spat between Elon Musk and President Donald Trump earlier this year. Some analysts suggest that companies may be see deals with Intel as opportunities to make inroads with the Trump administration.

Intel's stock has surged over 85% in 2025 so far, with most of that rise following a series of deals over the last few months—among them a partnership with AI chip leader Nvidia (NVDA), after Trump brokered an agreement giving the U.S. government a 10% stake in the chipmaker in August.

Several analysts have noted those deals have not come with foundry commitments yet, leading most to maintain neutral or bearish ratings. Not one of the analysts with current ratings collected by Visible Alpha recommends buying the stock.

• The University of Michigan Consumer Sentiment Index fell to 50.3 in November, the lowest level since June 2022, while its survey results on current economic conditions were at the lowest point in the report’s 73-year history.
• While consumers had previously brushed off the government shutdown, this month’s results showed that the budget battle was weighing more heavily on people’s perception of the economy. 

Consumers have been relatively unfazed by the U.S. government shutdown up until now, a closely watched survey revealed Friday.

The Michigan Consumer Sentiment Index fell to 50.3 in the preliminary reading for November, a low not seen since June 2022, when Americans were reeling from runaway inflation. Economists surveyed by The Wall Street Journal and Dow Jones Newswires were expecting a slight drop in the sentiment index from last month’s reading of 53.6.

Moreover, consumers’ assessment of current economic conditions was the lowest in the 73-year history of the survey conducted by the University of Michigan. The index is based on consumers’ opinions on both the current economy and on their expectations of future economic conditions.

Consumer sentiment can serve as a key indicator of the economy's direction. People who are worried about prices, their jobs, or other conditions can react by reducing their spending or taking other actions that slow down economic growth.

While inflation worries persisted, the survey showed that the current government shutdown is also weighing on people’s perceptions of the economy. Survey results from early October showed that the shutdown hadn’t yet registered with the consumers. The preliminary survey concluded before this Tuesday’s election, which saw Democrats win several state and local races. 

“With the federal government shutdown dragging on for over a month, consumers are now expressing worries about potential negative consequences for the economy,” Survey Director Joanne Hsu said in a release. 

The decline in sentiment was widespread over age groups, income levels, and political affiliation, Hsu said. The only group to show improvement was large stockholders, who have watched a series of new market highs over the survey period. 

The survey results come as the government shutdown enters its 38th day. Funding for most government agencies and programs expired on Oct. 1 when congressional Republicans and Democrats couldn’t reach an agreement on how to fund the government. 

So far, one of the main consequences of the shutdown has been a freeze on government economic data, since the workers who conduct the information gathering aren’t at work.

But more areas of the economy are starting to be affected, including air travel, as weak staffing levels for unpaid air traffic controllers prompted officials to reduce air traffic by 10% at 40 airports. The shutdown is also threatening the delivery of food assistance payments.

Inflation expectations also ticked higher in the survey, which is important because the Federal Reserve closely considers people’s feelings about price pressures when it makes decisions on interest rate moves.

• BCA researchers in a note this week recommended shorting the stocks of U.S. hyperscalers and going long Asian chipmakers in anticipation of an AI stock pullback.
• There's a good chance Big Tech's massive AI investments deliver subpar returns on investment, BCA says, which it believes will depress their stock valuations even if their profits continue to grow.

The boom-bust cycle that has lately powered a pullback in cryptocurrencies and precious metals is coming for AI stocks, according to BCA Research. And they have an idea for how to play it.

BCA's analysts this week recommended going long Korean and Taiwanese chipmakers while shorting the U.S. hyperscalers—the tech giants Microsoft (MSFT), Alphabet (GOOG), Amazon (AMZN), Meta (META), and Oracle (ORCL)—whose massive AI investments they expect will eventually weigh on share prices.

“Capital spending booms rarely end well for investors,” the analysts wrote. "Deploying vast sums quickly often leads to poor capital allocation.” 

The five hyperscalers that BCA says are at-risk of a sell-off are among the largest companies in the U.S., making up a sizable share of major stock market indexes. As such, their stock performance can have an outsized impact on the portfolios of all investors, whether they're directly invested or not.

The five hyperscalers are expected to invest more than $400 billion in infrastructure this year, with much of that used to build data centers and outfit them with the most advanced chips and servers. At times, investors have struggled to stomach the size of those investments, but concerns about overspending haven’t stopped the stocks from soaring. 

BCA analysts argue this spending spree is a departure from the investment discipline that has been key to Big Tech’s success over the past decade. They expect misallocated capital will inevitably lead to declines in hyperscalers’ return on equity, which “will depress their equity multiples even if their profit growth remains positive.”

Another cause for concern, according to BCA, is the risk that today's data centers will be obsolete in short order. BCA expects data center construction to become less expensive in the coming years as experience drives efficiencies. In addition, as more computing capacity is brought online, the value of existing capacity should decline.

“The price of ‘compute’ will drop significantly,” says BCA. That may be good for consumers, but not for the hyperscalers that effectively lease computing power to cloud customers. 

Any indication that AI investments aren't paying off as expected could spell trouble for the hyperscalers' stocks. Meanwhile, BCA expects Asian semiconductor manufacturers to continue to benefit from aggressive data center investment without the excess supply and capex headwinds that the hyperscalers face. They also note that those chipmakers' valuations remain reasonable despite a run-up in their stocks this year; in their note, they named Taiwan Semiconductor Manufacturing (TSM), along with SK Hynix and Samsung, which primarily trade overseas.

BCA predicts that its two-pronged trade will succeed over the next 12 months regardless of whether the AI rally persists or falters. Even if the bottom falls out of the AI trade and both hyperscalers and Asian chipmakers decline over the next year, they expect the hyperscalers to fare worse, making for a short trade that's more profitable than an unprofitable long call on chipmakers.

Pelosi has made millions investing in tech stocks

• Nancy Pelosi, who was the first female Speaker of the U.S. House of Representatives, will retire from Congress when her term ends in 2027.
• She has amassed a net worth of hundreds of millions of dollars thanks in large part to investments in big-cap technology stocks and real estate.
• With her husband, venture capitalist Paul Pelosi, Pelosi has an estimated net worth of over $278 million.
  

Besides being known for her career in politics, Nancy Pelosi has also made headlines with her investing moves—which often have proven highly profitable and have added millions to her net worth. Pelosi's net worth is now over $278 million, according to Quiver Quantitative, which tracks the net worth of various politicians. That net worth is up from $256.72 million at the end of 2024. It more than doubled from $121.59 million at the end 2015.

Pelosi, 85, was the nation’s first female Speaker of the U.S. House of Representatives, and so far she is the only one. She will have represented San Francisco in Congress for 39 years when she leaves office at the conclusion of her term in early 2027, a step she announced this week.

Pelosi is a Democratic representative for California's 11th Congressional District in the U.S. House. She earns $174,000 a year.

Pelosi was Speaker from 2007 to 2011 and again from 2019 to 2023. Also, Pelosi became the first woman to lead a major party in Congress when she was elected minority leader from 2003 to 2007 and again from 2011 to 2019.

Here's how Pelosi made her millions.

There is a large community of retail investors who follow Nancy Pelosi's investment decisions. Many will watch her and follow suit with buying or selling stocks, which can move the market. Her decisions have a larger impact on the market than other leaders in Congress. While you should never blindly follow another investor's moves, you may be interested in understanding how Pelosi's investments have added to her net worth over time, and it looks like her investment strategies have worked for her considering her net worth is now over $278 million.

Pelosi has been a member of the House of Representatives since 1987. Over her decades in Congress, Pelosi helped pass legislation such as the Affordable Care Act, the American Rescue Plan, the Equality Act, the Inflation Reduction Act.

As Speaker of the House, Pelosi earned $223,500 annually. Now as a member of Congress, she earns $174,000 per year. Pelosi also will receive a pension and Social Security benefits once she retires. The pension value for members of Congress can be up to 80% of a member's final salary, coming out to about $139,200 a year currently.

Pelosi's assets include publicly traded stocks, mutual funds, options, real estate, private equity, asset-backed securities, and cash, according to Quiver and her federal financial disclosures.

Over the past year, Pelosi's securities portfolio notched gains, boosted in part by a tailwind provided by several members of the "Magnificent Seven" group of high-performing technology stocks, including Alphabet (GOOGL), Apple (AAPL), Nvidia (NVDA), and Tesla (TSLA).

Going back further, Quiver back-tested the performance of Pelosi's publicly traded holdings since May 16, 2014—when Pelosi first began to report her trades. In that span, those holdings soared in value more than 855%. That is more than triple the approximately 260% gain posted in that period by the broad stock market, represented by the SPDR S&P 500 ETF Trust—which tracks the popular S&P 500 index.

Nor did the Pelosis confine themselves to plain-vanilla trades of stocks. For example, in November 2023 Pelosi bought 50 Nvidia stock call options with a strike price of $120, valued at between $1 million and $5 million, with an expiration date of Dec. 20, 2024. By about six months later, Pelosi had earned an estimated $5 million on her call options, although they had not been sold, according to Finbold.

Enough people apparently want to learn from the former Speaker's market moves that there is an X social media account, presumably belonging to someone else, that summarizes her portfolio moves. Several other websites and apps track or analyze her investments to various degrees.

Pelosi continued to buy Nvidia stock, with financial disclosures from June and July 2024 showing purchases of 10,000 Nvidia shares each, worth between $1 million and $5 million.

Federal disclosures often require officials such as Pelosi to report the value of their (plus their spouse's) assets in terms of dollar ranges rather than a single specific figure. As a result, Pelosi's shares in Apple (APPL) are valued at between $25 million and $50 million, according to Quiver. That appears to be her single most valuable holding.

Her stakes in Nvidia, Microsoft (MSFT), Salesforce (CRM), Google (GOOGL), and Amazon (AMZN) are each valued between $5 million and $25 million. In total, Pelosi's stockholdings are worth an estimated $133.7 million. That's up from $111 million in July 2024, according to Quiver.

Pelosi's publicly traded stocks are her most valuable category of assets, according to Quiver. Her ownership of trades and businesses are her second most valuable group of assets, totaling $70.2 million, per Quiver. Real estate that she and husband Paul own are their third most valuable type of assets, according to Quiver.

Paul Pelosi owns a venture capital, real estate, and investment firm called Financial Leasing Services Inc.

Pelosi and her husband also own commercial and residential real estate, valued at an estimated $45 million, according to Quiver. Their real estate holdings include a home and vineyard in St. Helena/Napa, California, and several commercial properties in San Francisco valued between $5 million and $25 million each.