Free Republic

U.S. House Representative Nancy Pelosi has exercised 20,000 call options on Broadcom Inc (NASDAQ:AVGO) common stock, according to a disclosure notice filed Thursday. The call options, which were originally purchased on June 24, 2024, had a strike price of $80 per share. Pelosi exercised these options on June 20, 2025. The transaction value was reported to be between $1,000,001 and $5,000,000, according to the disclosure notice that was filed the same day as the transaction. Broadcom is a global technology company that designs, develops, and supplies semiconductor and infrastructure software solutions.

US Ambassador to Israel Mike Huckabee dismissed France’s potential upcoming recognition of a Palestinian state, calling the move “revolting” while Israel fights Hamas in the Gaza Strip. “It’s incredibly inappropriate in the midst of a war that Israel is dealing with to go out and present something that I think increasingly Israelis are steadfast against,” he told Fox News. Huckabee’s comments came after French President Emmanuel Macron said Friday that recognizing a Palestinian state, with conditions, is “not only a moral duty, but a political necessity.” Macron also said that European countries should “harden the collective position” against Israel if...