AI insiders had already cashed out $7.4 billion before stocks crashed

Insiders at nine publicly traded AI companies collectively cashed out $7.4 billion in discretionary stock sales between May and October, ahead of a sharp market correction that saw major AI indices drop significantly and broader stock markets experience severe losses. Prominent executives and directors, including individuals from Nvidia, AMD, Broadcom, SanDisk, CoreWeave, and Micron, locked in premium prices before the downturn. Open article →