CEO, Modulus: Advanced AI and trading technology developed for Nasdaq, CME, Bank of America, JP Morgan Chase, UBS, Goldman Sachs, State Street, BlackRock and thousands of others across 90+ countries.
Nancy Pelosi, a well-known professional insider trader, purchased Databricks stock days before they released their DBRX model, which greatly outperforms LLaMa2-70B, Mixtral, and Grok-1. https://lnkd.in/gkUd-jcn What does her investment advisory firm Harris Associates know that we don't? https://lnkd.in/g6igyrF3 A lot, apparently. https://lnkd.in/gj8ndyRK https://lnkd.in/gHzmNkrP Haris knows about the $1 million fines and 10 years imprisonment for insider trading, but I guess they are above the law. I try to stay apolitical, but the crimes and double standards of the Biden administration, the SEC, and government officials are egregious.
Nancy Pelosi buys up to $5m in Databricks stock for Big Tech portfolio
dailymail.co.uk
Engaging in back door corrupt practices is not just silly; it's a shameful betrayal of trust and undermines the integrity of institutions and society as a whole.
Lock them up.
Something I've been reading a lot about too!! You shouldn't be a millionaire from being a public servant!!
CEO, Modulus: Advanced AI and trading technology developed for Nasdaq, CME, Bank of America, JP Morgan Chase, UBS, Goldman Sachs, State Street, BlackRock and thousands of others across 90+ countries.
8moWhile Databricks is not publicly listed on a stock exchange, one can invest in Databricks through the Fundrise Innovation Fund (not a recommendation). Insider trading occurs when individuals trade stocks or other securities based on material information that is not available to the public. That seems to be the case here.