StockMarket.News

$NVIDIA(NVDA.US) was down 14% at the open after Jensen Huang resigned as CEO. It closed down just 4.3%

$NVIDIA(NVDA.US) finished at $166.19 after hitting $148.80 in the first minutes of trading, with interim CEO Colette Kress now running the company 5 days before earnings on Nov 17

The rest of the AI chip trade didn't follow it down. $AMD(AMD.US) +5.9%, $Broadcom(AVGO.US) +5.5%, while $Coreweave(CRWV.US) gave back 6.9% after Wednesday's 24.7% rip

S&P 500 -0.4% to 7,592, Nasdaq -0.4% to 25,366, Dow -0.4% to 52,297 after the S&P was down nearly 1% early

Oil jumped as the Houthis said they hit a pumping station on Saudi Arabia's East-West pipeline. Brent +3.3% to $95.82, WTI +2.6% to $88.74

The 10 year Treasury yield sits at 5.10%, up 12 bps from Tuesday

The most important CEO in the market walked out the door and the S&P lost less than half a percent. Money didn't leave AI today, it just rotated from $NVIDIA(NVDA.US) into $AMD(AMD.US) and $Broadcom(AVGO.US). Next up is October PPI before tomorrow's open

Source: StockMarket.News

The 10-year Treasury yield just jumped back above 5.1%, up about 25 bps in only 3 trading days

It closed at 4.86% on Monday and is now trading near 5.11%, its highest close since Oct 21 if it holds

The trigger was another weak bond auction. The Treasury sold $25 billion of 30-year bonds today at 5.441%, a 0.4 bp tail with bid-to-cover falling to 2.36 from 2.54 last month

Dealers were left holding 11.4% of the auction, up from 6.8% in October, as foreign and institutional demand slipped

That follows Tuesday's 10-year auction, which also tailed by 1 bp

The 30-year yield is back near 5.44% and the 10-year is now only about 20 bps below its Oct 5 close of 5.31%

Bond buyers are demanding more to hold long duration, and that pressure lands right on mortgage rates and tech valuations at the worst possible time for $QQQ, which is already fighting the $NVIDIA(NVDA.US) CEO shock

Source: StockMarket.News

$NVIDIA(NVDA.US) is now facing a Justice Department antitrust probe, hours after Jensen Huang resigned as CEO

Semafor reports multiple DOJ probes threaten to sweep up $NVIDIA(NVDA.US), with one antitrust probe focused on the chipmaker itself

Two more DOJ probes target Megaspeed and $Super Micro Computer(SMCI.US) over the involvement of Alice Huang, the alleged Chinese spy at the center of the scandal

Officials say there is no indication the DOJ will seek criminal charges against $NVIDIA(NVDA.US) or Huang at this time

On top of that, lawmakers on the Senate Finance and House Ways and Means committees are launching an investigation into the Trump administration's approval of $NVIDIA(NVDA.US) chip exports to China, per Reuters

$NVIDIA(NVDA.US) is still down about 5% near $165, after crashing as much as 14% at the open

The CEO is gone, but the questions are just getting started. Washington is now pulling on every thread, and that overhang can sit on the stock well past next Tuesday's earnings

Source: StockMarket.News

Wall Street just downgraded $NVIDIA(NVDA.US) 6 times in one night

Bernstein, Baird, Evercore ISI, Melius, Oppenheimer and William Blair all cut the stock after the board met Wednesday evening to decide whether to remove Jensen Huang as CEO

Baird slashed its price target from $500 to $200, Evercore from $465 to $186 and Bernstein from $400 to $200

Even Melius, a longtime bull, moved to Hold with a $185 target

$NVIDIA(NVDA.US) is down more than 7% premarket near $161, while $AMD(AMD.US) and $Broadcom(AVGO.US) trade higher

No decision has been announced yet. Semafor reports some directors favor CFO Colette Kress as interim CEO, and Bloomberg says an outside firm is already searching for a successor

When the analysts who defended the stock for years all blink on the same night, the debate is no longer about AI demand. It is about who runs the company at the center of the AI trade

Source: StockMarket.News

Every single stock in the $SOX closed green today as $Coreweave(CRWV.US) dragged the AI trade off the mat

$SOX jumped 5.7% to its highest close since Nov 3

$Coreweave(CRWV.US) ripped 24.7% for its biggest day in more than three months after saying it expects adjusted profitability in the first half of 2028

$Nebius(NBIS.US) +15.4%, $Sandisk(SNDK.US) +13.7%, $Bloom Energy(BE.US) +13.0%, $Arm(ARM.US) +12.1%, $Micron Tech(MU.US) +11.9%, $Lumentum(LITE.US) +10.7%

$NVIDIA(NVDA.US) bounced 2.9% to $173.73 on more than double its normal volume after losing about $430 billion in market cap over the prior two sessions

Nasdaq 100 +2.3%, Nasdaq +1.6%, S&P 500 +1.3% to 7,619, Dow +0.5%

The S&P 500 is now within 2.6% of its record from last month

Oil firmed with Brent settling at $92.76 and WTI at $86.53, while the bond market was closed for Veterans Day

One week ago the AI trade looked broken. Today one neocloud print erased most of the damage, which tells you how badly positioned everyone was going into it. $NVIDIA(NVDA.US) earnings on Nov 17 are the real test now

Source: StockMarket.News

$NVIDIA(NVDA.US) is up about 5% today to $177, even as Congress gets ready to subpoena Jensen Huang

Today is the deadline House Republicans gave Huang to agree to a closed-door briefing on his affair with Alice Huang, a Megaspeed executive US officials have called a Chinese intelligence asset

House China Committee chair John Moolenaar said today that if Huang doesn't agree or offer another date, there will likely be subpoenas, per Bloomberg

ABC News also reports President Trump was warned twice that Huang may have been compromised, and still let him fly on Air Force One to China

Nvidia's board says it has no reason to believe national security or company secrets were compromised, and Trump says the FBI is looking into it

$NVIDIA(NVDA.US) closed at $168.89 yesterday, its lowest since March and about 30% below its Oct 6 record of $239.24

Today's bounce came with the whole tape, the Nasdaq 100 is up about 3% and $SOX is up more than 7%

The market is buying the AI demand story again, but the Huang overhang doesn't go away until he answers Congress, and a subpoena fight one week before Trump meets Xi in Shenzhen keeps it front and center

Source: StockMarket.News

$Coreweave(CRWV.US) is up about 26% today, its biggest one-day gain since April 2025

The spark was a blowout Q3

Revenue $3.66B vs $3.55B expected, up 168% from a year ago

Adjusted loss of 95 cents a share vs $1.16 expected

Revenue backlog jumped to $132.5B from $104B in June

2026 revenue guidance raised to $13.0B to $13.3B, with about 10x more demand than available capacity

The rally is spilling across AI hardware. The $SOX is up 7.4% for its best day since July, with $Micron Tech(MU.US) up 13.7%, $Oracle(ORCL.US) 9%, $AMD(AMD.US) 7.9% and $NVIDIA(NVDA.US) 4.4%

Even after today, $Coreweave(CRWV.US) is still more than 40% below its August high. The quarter answered the demand question loudly, but with $46.9B of debt and a Q4 interest bill guided above $1B, the debt question is the one this stock still has to win

Source: StockMarket.News

$NVIDIA(NVDA.US) has now erased more than $1.7 TRILLION in market value in just 5 weeks

The stock is down 6.4% today to about $167, its lowest level since late March

That's 30% below its record close of $239.24 on Oct 6, when $NVIDIA(NVDA.US) was worth about $5.78 trillion

At roughly $4.03 trillion, it's now neck and neck with $Microsoft(MSFT.US) for the #2 spot, while $Apple(AAPL.US) sits on top at about $5.06 trillion

The slide deepened this week after Jensen Huang admitted an affair with a former Megaspeed executive reportedly suspected of spying for Beijing, the board opened an independent probe, and a shareholder lawsuit followed

Today's hot CPI and a 10-year yield back above 5% aren't helping

The business hasn't broken, with earnings due Nov 17, but the market is now pricing key-person risk on the most important company in AI

Source: StockMarket.News

BREAKING. Anthropic $Anthropic(ANT.US) just set its IPO price range at $70 to $78 a share, valuing the AI lab at up to $1.405 trillion fully diluted

That's up from the $965 billion valuation in its May funding round

Anthropic is offering 825 million shares, raising up to $64.35 billion at the top of the range

On top of that, $Alphabet(GOOGL.US) $NVIDIA(NVDA.US) $AMD(AMD.US) $Broadcom(AVGO.US) $Micron Tech(MU.US) $Microsoft(MSFT.US) and $Taiwan Semiconductor(TSM.US) agreed to buy $26 billion of stock at the IPO price in a private placement

All in, that's up to $90.4 billion, which would top SpaceX's record $85.7 billion raise from June

The stock will trade on the Nasdaq under ANT, with the debut expected in mid-November

Until recently Anthropic was eyeing a $2 trillion valuation, and last week some investors called even $1.5 trillion a stretch. The companies writing $26 billion in checks are mostly the same ones supplying Anthropic's chips and cloud, so this IPO becomes the first real public market test of what frontier AI is actually worth

Source: StockMarket.News

All 3 major U.S. indexes jumped 2% or more on the same day for the first time since April

$NVIDIA(NVDA.US) was the worst stock in the Dow, falling 4.3% to $178.67 as its board investigates CEO Jensen Huang

The Nasdaq rose 2.7% to 25,253 and climbed back out of correction territory

The S&P 500 gained 2.3% to 7,549.94 and the Dow added 1,104 points to 52,389.75

$AMD(AMD.US) led the chip bounce with a 13.3% jump, while $Monolithic Power(MPWR.US) rose 16.6%, $Teradyne(TER.US) 12.7%, $Micron Tech(MU.US) 6.3% and $Sandisk(SNDK.US) 6.2%

$Caterpillar(CAT.US) gained 7.2% for the best day in the Dow after falling more than 10% last week

Oil kept sliding on Iran deal hopes, with WTI settling at $86.85, its lowest close since August 31, and Brent down 5.85% to $92.57

October CPI lands tomorrow morning with futures pricing an 84% chance of a December Fed hike

The market just showed it can rally hard without $NVIDIA(NVDA.US) carrying it, and cheaper oil is doing a lot of the lifting. Tomorrow's CPI decides whether this bounce has legs or hike fears take over again

Source: StockMarket.News

$Moderna(MRNA.US) is now up more than 840% this year

Shares jumped another 9% today to a fresh 2026 high near $278, up from $29.49 at the end of 2025

That's more than 3x the 273% YTD gain of $Sandisk(SNDK.US), another one of the S&P 500's biggest winners of 2026

Fuel for the run

The personalized cancer vaccine with $Merck(MRK.US) cut melanoma recurrence or death by 42% in a Phase 3 trial, with a 2027 launch targeted

Q3 revenue came in at $1.31B vs $885M expected, and EPS was $0.38 vs an expected loss of $1.25

Full-year revenue growth guidance was raised to 15% to 25%, from up to 10%, which would be the first year of growth since 2022

Moderna went from a post-Covid cautionary tale to the hottest large-cap in the market in under a year, and it did it with drug data, not AI. With the stock at 9x its January price, every pipeline headline from here moves it hard in both directions

Source: StockMarket.News

BREAKING. A U.S. probe into suspected $NVIDIA(NVDA.US) chip smuggling to China was halted after Nvidia reached out to investigators, per the New York Times

The Commerce Department had spent months investigating Megaspeed, a Singapore data center firm suspected of routing Nvidia AI chips into China

In August 2025, $NVIDIA(NVDA.US) general counsel Tim Teter emailed the investigators asking about the case and said senior Commerce official Jeff Kessler had given him permission to reach out

The case was then moved to the Justice Department, which is now running a criminal inquiry into Megaspeed

Commerce says it handled the case strictly by the book, and the report shows no evidence Nvidia changed the outcome

$NVIDIA(NVDA.US) is down more than 5% today while the Nasdaq 100 is up 3%, a gap of roughly 8 points on a day Big Tech is ripping

The Huang story keeps getting bigger, and the market is now pricing headline risk into the world's most valuable chipmaker even as everything around it rallies

Source: StockMarket.News

$NVIDIA(NVDA.US) is falling 4.6% to $178 while the rest of Big Tech rips higher

The drop has erased more than $200 billion of $NVIDIA(NVDA.US) market value after the board opened an independent probe into reports that Jensen Huang was the target of a foreign intelligence effort

Huang told staff he was unfaithful to his wife and says he is cooperating fully with the review, while China's Foreign Ministry called the spy story unsubstantiated

Everything else is bouncing hard after the S&P 500's worst week since April 2025

$AMD(AMD.US) +7.8%, $Broadcom(AVGO.US) +7.3%, $Amazon(AMZN.US) +4.9%, $Meta Platforms(META.US) +4.6%, $Tesla(TSLA.US) +4.6%

The Nasdaq 100 is up 2.3%, the S&P 500 is up 1.7% and the VIX has dropped to 21.5

Chips without $NVIDIA(NVDA.US) are ripping, so for now the market is treating this as a Jensen problem and not an AI problem. The real test is whether the board probe ever puts the CEO seat itself in play

Source: StockMarket.News

Taiwan's Taiex just posted the second biggest point gain in its history, +1,960 points or +4.94% to 41,661.70

The rebound came after the government approved the 10th National Financial Stabilization Fund intervention since 2000 and regulators tightened short selling rules

$Taiwan Semiconductor(TSM.US) closed +4.68% at NT$2,235 and alone added about 800 points, while MediaTek and ASE both hit their 10% daily limit

Only the 3,186 point surge on Jul 31 was bigger, and the index is still 16.6% below its Oct 6 high of 49,969

Rallies backed by a stabilization fund can squeeze shorts fast, but the AI spending worries behind the 20% drop haven't gone away, so $NVIDIA(NVDA.US) and US tech will decide if this is a bottom

Source: StockMarket.News

The S&P 500 just posted its biggest weekly decline since April 2025, even after today's bounce

S&P -2.7% on the week to 7,377. Nasdaq -3.4% for a 4th straight weekly drop. The chip index -12.2%

Friday itself was a partial clawback. Nasdaq +1.1% to 24,579, S&P +0.3%, Dow -0.5% to 51,286

Chips led the rebound. $AMD(AMD.US) +11%, $Intel(INTC.US) +7.7%, $Taiwan Semiconductor(TSM.US) +6.3%, $Micron Tech(MU.US) +5.1%, $Arm(ARM.US) +4.7%, $NVIDIA(NVDA.US) +2.8%, SOX +4.2%. $IREN(IREN.US) jumped 20% on earnings

The VIX fell 9% to 25.64 after Thursday's spike to 28.18. The 10-year yield held near 4.86% after October jobs +165K put a December hike back near 80% odds

WTI settled at $90.83, up 0.3% on the day but still about -13% for the week. Bitcoin flat near $75.8K

One green session after the worst AI wipeout since Covid does not unwind a week that just repriced what data centers are allowed to cost, and what the crowded winners of 2026 are still worth

Source: StockMarket.News

Taiwan just activated its NT$500 billion market stabilization fund after the Taiex's fourth-worst point drop on record

The index closed down 1,873 points, or 4.5%, at 39,702, and now sits 20.6% below its October high in bear-market territory

It is the 10th deployment of the fund since 2000, with officials cleared to buy shares as needed

Regulators also crushed short selling. Intraday borrow limits fall from 30% of average volume to 3%, and short-sale margin jumps from 90% to 130%, both starting Monday

Foreigners dumped a record NT$994 billion of Taiwan stocks in October, then sold another NT$524 billion so far in November

This follows South Korea's circuit-breaker halt yesterday. Asia's AI supply chain is getting the full policy toolkit as $Taiwan Semiconductor(TSM.US) and the chip complex reprice U.S. data-center risk

Source: StockMarket.News

Chip stocks are clawing back part of Thursday's historic wipeout

$IREN(IREN.US) +20%

$AMD(AMD.US) +10%

$Intel(INTC.US) +7.5%

$Micron Tech(MU.US) and $Taiwan Semiconductor(TSM.US) +6%

$Tesla(TSLA.US) +4.9%

$Sandisk(SNDK.US) +4.4%

$NVIDIA(NVDA.US) +3.9%

The Philadelphia Semiconductor Index is up about 4.3% after plunging 12.2% yesterday, its worst day since March 2020

Nasdaq is higher by about 1.6%, recovering a slice of Thursday's 5.5% correction slide that erased more than $2 trillion

The bounce is real, but it still leaves semis deep in the hole after a five-day drop of about 22%, the worst stretch since 2001. Crowded AI longs are buying the dip with one eye on December Fed hike odds near 80% after this morning's hot jobs print

Source: StockMarket.News

US employers added 165,000 jobs in October, more than double what Wall Street expected

The unemployment rate fell to 4.1% from 4.2%, beating the 4.2% forecast

Average hourly earnings rose 0.4% on the month and 3.1% over the past year, both hotter than expected

August and September were revised up by a combined 84,000 jobs

Professional and business services led with +70,000, followed by health care (+42,000), transportation and warehousing (+25,000), and manufacturing (+19,000)

December Fed hike odds jumped to about 80% after the print, up from the mid-70s going into the report

The labor market just handed the Fed more room to focus on inflation, even after this week's AI crash wiped trillions off $QQQ

Source: StockMarket.News

South Korea's KOSPI just plunged 8.5% and trading was halted

A first-level circuit breaker froze the market for 20 minutes from just after 9 a.m. Seoul time after the index fell 459 points to 4,925

New orders stopped. Only cancellations went through

Wall Street's AI rout overnight lit the fuse. Nasdaq -5.5% and S&P -4.4% as blue wave fears hit data center buildouts

Samsung Electronics -10% and SK Hynix -11.7% led the drop. Memory and chips are the core of the KOSPI

US traders see it in $EWY. When Asia's open needs a circuit breaker to catch a Wall Street session, the AI selloff is no longer a one-market story

Source: StockMarket.News

The Nasdaq 100 just crashed 6.4%, its worst day since March 2020

Nasdaq -5.5% to 24,315 and now in correction territory

S&P 500 -4.4% to 7,354, worst day since the April 2025 tariff crash

Dow -1,833 points (-3.4%) to 51,523

The chip index collapsed 12.2% as $Sandisk(SNDK.US) -22%, $Micron Tech(MU.US) -17.5%, $AMD(AMD.US) -17%, $Arm(ARM.US) -13%, $Taiwan Semiconductor(TSM.US) -11%, $Broadcom(AVGO.US) -10% and $NVIDIA(NVDA.US) -9%

$Tesla(TSLA.US) -10.8% and $Palantir Tech(PLTR.US) -9.7%

$Qualcomm(QCOM.US) and $Arm(ARM.US) earnings lit the fuse overnight, then blue wave fears of data center limits finished the job

The VIX jumped 70% to 28.18, and Bitcoin fell 5.7% to $75.8K

WTI crude rose $2.98 to $91.10 while gold edged up to $4,100

Wednesday's entire post-election rally was gone in one session. When the market starts asking what AI actually earns instead of what it costs to build, the most crowded winners of 2026 become the first thing everyone sells

Source: StockMarket.News

More than $2 trillion has been wiped from the S&P 500 as the AI selloff deepens

$Sandisk(SNDK.US) -20%

$AMD(AMD.US) -15%

$Micron Tech(MU.US) -15%

$Tesla(TSLA.US) -12%

$NVIDIA(NVDA.US) -9%

$SMH and the chip index are both down about 10%, and the Nasdaq 100 $QQQ is off 5.9%

Ten of the largest tech names had already erased $1.7 trillion by late morning, with $NVIDIA(NVDA.US) alone losing more than $400 billion

Wednesday's post-election rally is gone. Traders are pricing a slower data center buildout under a Democratic Congress, and the most crowded trade in the market is still looking for an exit

Source: StockMarket.News

BREAKING. The Nasdaq 100 $QQQ is down 4.8% and on pace for its worst day since April 2025

The chip index is down 9% after trading down more than 11% this morning

$Sandisk(SNDK.US) -15.9%

$AMD(AMD.US) -13.7%

$Micron Tech(MU.US) -11.8%

$Tesla(TSLA.US) -10.0%

$NVIDIA(NVDA.US) -6.8%

The S&P 500 $SPY is down 3.1%, the Dow is down 2.4% and the $VIX is up 40%

This is a full reversal of Wednesday's post-election rally, with traders dumping the AI and data center trade on fears a Democratic Congress slows the buildout

Nothing about AI demand changed overnight, the policy risk did. When the most crowded trade in the market gets a new reason to sell, the exit gets very narrow, very fast

Source: StockMarket.News

Anthropic has now signed up for nearly $900 billion in AI compute and infrastructure

The exact figure is $895.4 billion in purchase commitments and leases, more than 50x its Q3 revenue of $17.0 billion

About $447.5 billion is expected before the end of 2030, with nearly all of the rest landing between 2031 and 2045

$69.8 billion comes due in just the next 12 months

The numbers come from the updated S-1 Anthropic filed with the SEC as the $Anthropic(ANT.US) IPO heads toward a Nasdaq listing

And it is resurfacing on one of the worst days for tech since April 2025, with $NVIDIA(NVDA.US), $AMD(AMD.US) and the chip names hit hardest on fears the AI buildout slows

When one AI lab has committed to almost $1 trillion of compute, the whole AI trade from $NVIDIA(NVDA.US) to $Amazon(AMZN.US) to $Alphabet(GOOGL.US) is leaning on that revenue showing up on schedule

Source: StockMarket.News

BREAKING 🇬🇧 The Bank of England just raised interest rates for the first time since August 2023

Bank Rate goes from 3.75% to 4.00%

The vote was 8 to 1, and the one dissenter, Catherine Mann, wanted a bigger half point hike to 4.25%

UK inflation is already at 3.5% and the BoE now expects it to hit about 5% by mid 2027 as the Iran war keeps energy prices high

Governor Andrew Bailey says this "shouldn't be seen as the first in an inevitably long sequence of hikes," but unless the Middle East conflict is resolved it doesn't look like the last one either

This lands the same morning US jobless claims fell to 189K, the fewest since mid July

A major central bank going from cutting to hiking in under a year is the energy shock showing up in policy, and it makes it a lot harder for anyone to argue rate cuts are coming back soon $EWU $TLT $SPY

Source: StockMarket.News

Dan Ives says 40 to 100 planned US AI data centers may never get built after the blue wave

He estimates 5% to 10% of the 800 to 1,000 facilities mapped for the AI buildout are now at risk of delays or cancellation

Big Tech's capex growth peak moves to 2027, earlier than the Street had been modeling

Texas alone accounts for 25% to 30% of expected US data center power capacity through 2030, and new Governor Gina Hinojosa campaigned against the boom

Brad Gerstner at Altimeter separately flags 10 to 15 gigawatts of planned capacity at risk

A CBS News poll found more than twice as many Americans oppose new data centers in their towns as support them

Names tied to the physical buildout like $Coreweave(CRWV.US), $Vertiv(VRT.US) and $SpaceX(SPCX.US) got hit into the midterm session, while $Microsoft(MSFT.US) and $Amazon(AMZN.US) rallied on the idea that slower spend could ease financing pressure

Wall Street bought the blue wave for lower yields, but Ives is saying the same election just put a speed limit on the AI power build. Pace slows, thesis stays, and the choke point moves from chips to local politics

Source: StockMarket.News