$NVIDIA(NVDA.US) was down 14% at the open after Jensen Huang resigned as CEO. It closed down just 4.3%$NVIDIA(NVDA.US) f…
$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 17The 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% ripS&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% earlyOil 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 $88.74The 10 year Treasury yield sits at 5.10%, up 12 bps from TuesdayThe 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 openSource: StockMarket.News
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