--- title: "β˜•οΈ [Task Coins Giveaway] Daily Market Talk β€” Nvidia Sinks After Hours on Report Board May Oust CEO" type: "Topics" locale: "en" url: "https://longbridge.com/en/topics/100000000983296.md" description: "$NVIDIA(NVDA.US) closed +2.87% but sank after hours on a report its board may oust its CEO. Chips ripped, with $Micron Tech(MU.US) up 12%. At home, SIA paid a special dividend. Let's dig in πŸ‘‡πŸ’¬ Nvidia:..." datetime: "2026-11-12T02:00:29.000Z" locales: - [en](https://longbridge.com/en/topics/100000000983296.md) - [zh-CN](https://longbridge.com/zh-CN/topics/100000000983296.md) - [zh-HK](https://longbridge.com/zh-HK/topics/100000000983296.md) author: "[Captain's Watch](https://longbridge.com/en/profiles/24747427.md)" generator: "portal-rs" --- # β˜•οΈ [Task Coins Giveaway] Daily Market Talk β€” Nvidia Sinks After Hours on Report Board May Oust CEO $NVIDIA(NVDA.US) closed **+2.87%** but sank after hours on a report its board may oust its CEO. Chips ripped, with $Micron Tech(MU.US) up **12%**. At home, SIA paid a special dividend. Let's dig in πŸ‘‡ **πŸ’¬ Nvidia: buy the dip or wait for the board's decision?** ## πŸ“Š Quick Recap β€” What Moved & Why ### πŸ‡ΊπŸ‡Έ US: Nvidia's Board Weighs a CEO Change **πŸ”‘ Key Event:** Nvidia closed **+2.87%**, then sank after hours when the Wall Street Journal reported its board is preparing to replace CEO Jensen Huang. **The stock's next move rests with the board.** > @Gene Munster : AI infrastructure customers will act in their best interest… they’ll keep buying just as many NVDA chips with or without Jensen. **πŸ‘€ Other to Watch** - $Dow Jones Industrial Average(.DJI.US) **+0.49%**, $S&P 500(.SPX.US) **+1.31%**, $NASDAQ Composite Index(.IXIC.US) **+1.60%**, all before the Nvidia report. - **Chips** β†’ $Micron Tech(MU.US) **+11.89%**, $Sandisk(SNDK.US) **+13.69%**, $AMD(AMD.US) **+7.32%** as CoreWeave revived the AI trade. > @NewUser\_OLAl4 : The rebound is a reminder that sentiment around AI remains a major market driver. - $Coreweave(CRWV.US) β†’ **+24.71%** after raising guidance; it plans at least $4B in investment-grade loans. - $Sea(SE.US) β†’ **-3.66%**, extending its post-results slide as margin worries outweighed 43% sales growth. > @FaithAnchor : Can SEA keep growing without hurting its margins? ### πŸ‡ΈπŸ‡¬ Singapore: SIA Pays Up Despite a Fuel-Hit Half **πŸ”‘ Key Event:** $SIA(C6L.SG) posted record first-half revenue of S$11.3B, but net profit fell 43.9% on fuel costs, though Q2 profit rebounded to about S$210M. **It still declared 7 cents in dividends, including a 5-cent special.** > @Fattycat : Do you think SIA can maintain this strong Q2 recovery? **πŸ‘€ Other to Watch** - $FTSE Straits Times Index(STI.SG) closed **+0.59%** at 5,289.66 Wednesday, a second straight gain, and is edging lower near 5,280 this morning. - **Banks** β†’ $UOB(U11.SG) about **+0.7%** and $DBS(D05.SG) **+0.2%**, but $OCBC Bank(O39.SG) **-1.1%** this morning as the STI dips. > @JPJP : I think I will just hold onto my existing position and wait for next opportunity. - $SGX(S68.SG) β†’ about **-0.6%** this morning even as October turnover rose 32% from a year ago. - **REITs** β†’ $Lion-phillip S-Reit(CLR.SG) is steady this morning after Wednesday's **-1.16%**, its second straight decline. ### πŸ‡­πŸ‡° HK/China: Hang Seng Extends Its Slide **πŸ”‘ Key Event:** The $Hang Seng Index(00HSI.HK) is down about **-1.1%** near 24,050 this morning, with tech leading losses, after Wednesday's **-0.98%** close at 24,315.92. $BABA-W(09988.HK) **slipped back below HK$100, about** **-2.6%****.** **πŸ‘€ Other to Watch** - $TENCENT(00700.HK) β†’ about **-1.2%** this morning, extending Wednesday's **-1.96%** drop. - **AI models** β†’ $Z.AI(02513.HK) about **-2.2%** and $MINIMAX-W(00100.HK) **-1.6%** this morning, giving back recent gains. ### 🌍 Global/Macro - **πŸ‡ΊπŸ‡Έ Fed** β†’ Goldman, Nomura and Deutsche Bank raised their Fed hike forecasts; markets fully price a December hike. - **πŸͺ™ Gold** β†’ slipped below $4,000 as hike bets lifted the dollar, and sits near it this morning. - **πŸ‡ΊπŸ‡Έ Anthropic** β†’ its IPO is reportedly oversubscribed several times, though reports differ on valuation. ## πŸ“… Upcoming Key Events | When (SGT) | What | | ---------- | ---- | πŸ‘‡ Drop your take (20+ words) & click "Repost" to earn 288 Task Coins ✨ 🚫 No duplicates Β· ⏰ Deadline: Nov 12, 11:59 PM SGT Not investment advice, just market talk πŸ™ ### Related Stocks - [NVDA.US](https://longbridge.com/en/quote/NVDA.US.md) - [MU.US](https://longbridge.com/en/quote/MU.US.md) - [.DJI.US](https://longbridge.com/en/quote/.DJI.US.md) - [.SPX.US](https://longbridge.com/en/quote/.SPX.US.md) - [.IXIC.US](https://longbridge.com/en/quote/.IXIC.US.md) - [SNDK.US](https://longbridge.com/en/quote/SNDK.US.md) - [AMD.US](https://longbridge.com/en/quote/AMD.US.md) - [CRWV.US](https://longbridge.com/en/quote/CRWV.US.md) - [SE.US](https://longbridge.com/en/quote/SE.US.md) - [C6L.SG](https://longbridge.com/en/quote/C6L.SG.md) ## Comments (64) - **Blinkfans:) Β· 2026-11-12T15:54:42.000Z**: 🐱 Blink Fans Market Talk: Nebius β€” Is the AI Star Getting Too Expensive? πŸ’—While Nebius has exciting AI growth potential, I also want to look at the other side. Growing revenue fourfold sounds amazing, but spending US$40–45 billion on expansion is a huge commitment! Customer prepayments provide fundi - **NewUser_oPJWOU Β· 2026-11-12T15:53:28.000Z**: Memory sector is slowly recovering again along with majority of the tech companies, with Nvidia being the obvious loser as Jensen steps down as CEO. With earnings coming up next week, I expect more volatility - **optionspuppy Β· 2026-11-12T15:53:12.000Z**: 🐢 Options Puppy: Nebius (NBIS) β€” The AI Infrastructure Opportunity!Nebius is more than just another technology stock. It provides AI cloud infrastructure, allowing businesses to rent GPUs instead of building expensive data centres themselves. FY27 revenue is projected to reach US$12–13 billion, almo - **NewUser_zS0M8w Β· 2026-11-12T15:47:05.000Z**: Breaking news to the AI industry as Jensen steps down immediately, marking an end (for now) to potentially one of the greater Wall Street success stories. Moreover, I am more concerned with Nvidia's earnings next week despite the loss of their key leader. - **NewUser_ThinkSwim Β· 2026-11-12T14:48:11.000Z**: If the opposite company or Jensen becomes a developer in the semiconductor space then the stock of the potential company will most likely increase sharply after employing him. But markets are wild so be cautious and slowly DCA if Nvidia will still be a giant in the semiconductor space after the foun - **HKP Β· 2026-11-12T14:35:29.000Z**: The NVDA stock price is Fall Sharply as due to the current CEO has tendered resigned and new ones will be reported and replaced his role of CEO - **ShortWalk Β· 2026-11-12T14:25:04.000Z**: Guess he ownself send himself out instead of being ousted. Things will spiral now. Prepare for a dip in coming days! - **NewUser_CkrdqW Β· 2026-11-12T14:06:30.000Z Β· πŸ‘ 2**: So the nail in the coffin as Jensen retires from Nvidia. This will probably send the stock plummeting even lower today as he has undeniably been the face of AI and Nvidia. Either ways, short term pain and paper losses are inevitable as investors have to bear the grunt of the scandalous news. - **Midas Β· 2026-11-12T14:02:49.000Z**: πŸ‘ŒπŸ» - **Ruthie Β· 2026-11-12T13:59:41.000Z**: My take is to hold and watch the situation. If the idea of ousting Jensen already sent the Nvidia stock price down, the outcome may result in a nosedive. Resist the temptation to buy. - **Vt3 Β· 2026-11-12T13:55:02.000Z Β· πŸ‘ 1**: πŸ“ŒπŸ‡ΊπŸ‡Έ It is official Jensen resigned both as President and CEO immediately NOW - **Vt3** (2026-11-12T13:57:26.000Z): πŸ‘‡πŸŸ₯ - **Vt3** (2026-11-12T14:26:38.000Z): πŸ‘‡ By the largest platformI sold mine ALL - **Vt3** (2026-11-12T14:56:35.000Z): πŸ‘‡ Interim CEO meeting on 18/11 - **ynwa Β· 2026-11-12T13:52:20.000Z**: It may seem rather tempting to buy the dip, but I think we need to pause and look at the bigger picture. NVDA’s near term business is safe, yet we cannot discount the visionary profile of Jensen Huang. Take him out of the equation and you are faced with a whole different ball game. Markets are prici - **FaithAnchor Β· 2026-11-12T13:20:23.000Z**: $NVIDIA(NVDA.US)Jensen Huang has been the driving force behind Nvidia’s rise from a GPU maker to an AI powerhouse. If he exits, investors face a bigger question: can anyone carry his vision forward? The chips may still lead, but losing the man behind the strategy could change Nvidia’s story. - **Blinkfans:) Β· 2026-11-12T12:35:08.000Z**: πŸ’— Blink Fans Market Update! πŸš€ QQQ rebounded 2.31% as technology and AI stocks recovered. CoreWeave surged 24.71%, showing strong investor interest in AI infrastructure. However, inflation, Treasury yields and NVIDIA governance concerns could reverse the rally. 🐱 My strategy is to stay cautiously opt - **Blinkfans:)** (2026-11-12T12:35:27.000Z): @Captain's Watch help - **optionspuppy Β· 2026-11-12T12:16:16.000Z**: 🐢 NVIDIA’s sharp fall from US$173 to US$156 may reflect uncertainty, institutional profit-taking and possible forced selling. Breaking US$168 could trigger stop-losses and margin calls, accelerating the decline. Heavy volume confirms intense trading activity, not seller identity. I’m watching US$156 - **Vt3 Β· 2026-11-12T12:01:24.000Z**: πŸ“ŒπŸ‡ΊπŸ‡ΈπŸ‘€All eyes on NVDA but do not buy as yet, sell up to individual subject pricing, as must wait after Congress 18/11 the last verdict will be out to oust who to win its final gameπŸ₯‡We must adapt to the fact that every day crazy things are happening in this country of heavy debts !πŸ€‘Only monies make ma - **Pamcake Β· 2026-11-12T10:42:35.000Z**: Good sharing - **CoinYeye Β· 2026-11-12T10:38:09.000Z**: Thanks for the comprehensive market wrap! It's great to see SIA rewarding shareholders with a solid special dividend despite cost pressures, while global tech navigates these major headlines. - **ah_head Β· 2026-11-12T09:25:27.000Z**: Thanks ☺️ --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**