Video explainer: Nvidia fell about 5% before the open after Jensen Huang admitted to an affair and the board opened an independent investigation. The woman is reported to be a former Megaspeed executi
Nvidia fell about 5% before the open after Jensen Huang admitted to an affair and the board opened an independent investigation. The woman is reported to be a former Megaspeed executive who U.S. intelligence believes was passing information to Beijing.
The board says it has no reason to believe any secrets were compromised. I think the real issue for the stock is key person risk because so much of the Nvidia story is tied to Jensen. Earnings on Nov 17 are now a much bigger test. @nvidia $NVDA
Not financial advice
Nvidia's CEO probe in 3 pictures. The board says it has no reason to believe secrets were compromised and the stock still fell about 5% before the open. I would not want to be the analyst asking the first question on the Nov 17 earnings call. @nvidia $NVDA
Sources: Trending on X Mon Nov 9 ~9:40 AM ET: "Nvidia" and "$NVDA" in US trends; X trending story · Inspiration post · www.nytimes.com · www.cnbc.com · www.cnbc.com · www.cnbc.com
Not financial advice. For informational and educational purposes only.
Constellation Q3: $5.06 adjusted EPS is 40% of the full-year guide; Google uprates cost about 4x per MW what the Rhode Island gas plant does
$CEG Q3 adjusted EPS came in at $5.06 vs $3.04 a year ago. That one quarter is 40% of the new full-year guide…
Google's TPU 8tx is the more interesting half of the November 9 announcement, because confidential inference gives enterprise buyers a…
Google's TPU 8tx is the more interesting half of the November 9 announcement, because confidential inference gives enterprise buyers a security reason to pick Google over Nvidia. What would change my mind on Nvidia is a named customer moving secure workloads onto 8tx.
Ted Sarandos
Netflix trades about 46% below its 52-week high as it pursues growth in live events, ads and gaming after abandoning the WBD deal.
Netflix trades about 46% below its 52-week high, sitting just above its 52-week low, and the Co-CEO running its content strategy just sold another 27,312 shares. Ted Sarandos has spent 26 years at Netflix. No college degree, a stint managing a video-store chain in his 20s, then over a decade running merchandising at Video City/West Coast Video, learning what people…
The 2008 Financial Crisis — Lehman, 18 Years Later
Citi remains below its pre-crisis share price despite the recovery in stocks and jobs, highlighting the crisis’s uneven legacy.
On September 15, 2008, Lehman Brothers filed the largest bankruptcy in U.S. history, about $639 billion in assets, gone almost overnight. On October 3, 2008, the $700 billion bank bailout was signed into law, and on November 25 the Fed announced its initial large-scale asset purchase program,…