Mark Zuckerberg Sells $55M in Meta Shares; Nvidia Insiders Sell $427M

Mark Zuckerberg, CEO of Meta, has sold $55 million worth of Meta shares in June, following a series of sales totaling $54 million in the last 10 days. This marks a significant insider trading activity for Meta. Concurrently, Nvidia insiders have sold $427 million worth of shares this month, the highest amount ever recorded for the company. This insider selling spree has raised concerns about the future performance of both Meta and Nvidia stocks. Nvidia also experienced its first negative week in a while, adding to market apprehensions.