A new setback for the AI trade: Nvidia’s board is probing CEO Huang’s relationship with an alleged spy
Jensen Huang will remain in his role and cooperate with the investigation, though analysts say the matter could cloud over Nvidia’s stock for some time.…
Nvidia-led tech selloff weighs on crypto majors
Only five of the top 100 cryptocurrencies by market value are up 1% or more over the past 24 hours. That is the state of the market today. Source:CoinDesk
BTC price eyes $73K amid Nvidia volatility: Three things to know in Bitcoin this week
Bitcoin price action fell to its lowest levels since midAugust as Nvidia reports added to sellside pressure across stockmarket futures. Source:Cointelegraph
U.S. inflation, corporate earnings: Crypto Week Ahead
Your look at what’s coming in the week starting Nov. 9. Source:CoinDesk
Bitcoin ETFs shed $1.3B in biggest weekly outflow since late June
Investors pulled a net $1.21 billion from BlackRock’s IBIT last week as Bitcoin fell below $76,000 and US technology stocks sold off. Source:Cointelegraph
SpaceX proposes a $24 billion Texas supercomputer and a gas plant
The $24 billion project, which includes an AI supercomputer in Texas with its own gasfired power plant, is about 17 times the value of SpaceX's bitcoin…
You follow the rules for smart stock trading. But are they the right rules?
Apply the wisdom of investment pros to develop your own consistent methodology. Source:MarketWatch
This retired professor has reinvented himself — as a Taylor Swift scholar
His niece convinced him to spend his retirement analyzing Taylor Swift lyrics. Now he’s a successful podcaster at 72. Source:MarketWatch
The AI trade is now counting on Anthropic’s IPO — but it couldn’t be happening at a worse time
The ongoing tech selloff is leading investors to wonder if Anthropic will delay its IPO or list at a discount. Source:MarketWatch
Suspicious prediction market activity seen before election poll release: NYT
Bets were placed shortly before two recent New York Times/Siena political polls were released to the public, according to a report. Source:Cointelegraph
Elon Musk opens the door for a big SpaceX acquisition
The rocket and satelliteinternet company is looking to challenge telecom giants. Source:MarketWatch
Data centers run on debt. That was a problem for bonds this year — and it’s only going to get worse.
AI debt issuance this year overwhelmed investor portfolios, and has disappointed from a performance perspective. The funding need won’t get any better with…