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JUST IN: After Jensen Huang’s exit, what top financial advisors are doing with Nvidia: Exclusive CNBC poll.
Advisors say investors should weigh their Nvidia exposure, time horizon and risk tolerance before reacting to the leadership change.
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JUST IN: Bitcoin Hits 12-Week Low as Fed Rate Fears Undo Most of Summer Rally.
Bitcoin is back near August levels as persistent inflation, growing expectations of another interest-rate hike and ETF withdrawals pressure prices.
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JUST IN: Chicago Fed's Goolsbee says central bank 'has definitely got work to do' on inflation.
The policymaker expressed concern about the latest inflation data, telling CNBC that the central bank likely will need to take action.
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STRATO Odds retweeted
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@sirsamjenks talks with STRATO's CEO @kjameslubin about how it works and where tokenized gold fits in today’s macro and geopolitics.
Tune in on X at 2 PM GMT today.
STRATO Odds retweeted
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Livestream: Putting Gold Onchain with STRATO with @sirsamjenks and @kjameslubin teapaw.org/i/broadcasts/2ReWgAKAX…
NEW: Gold Rebounds After Sharp Selloff as Oil and Inflation Fears Shake Global Markets
Gold & Silver: Gold recovered 0.5% to $3,895 per ounce on Friday but remains down nearly 4% this week. Silver held near $50 as expectations of further Fed rate hikes continue to pressure precious metals.
Oil & Inflation: Brent crude climbed above $95 following renewed tensions between the US and Iran. Higher energy prices could keep inflation elevated and interest rates higher for longer.
Crypto & Stocks: Bitcoin slipped below $70,000, while Ethereum fell below $2,000 in Friday morning trading. NVIDIA lost 4.3% on Thursday, dragging the S&P 500 down 0.35%.
Make your predictions and trade these markets now on STRATO Odds: stratoodds.com
Jensen Huang scandal casts doubt on Nvidia’s AI dominance. How we got here.
Nvidia is facing its biggest crisis in its 33 year history, with founder Jensen Huang resigning as CEO.
How the Jensen Huang affair changes the outlook for U.S.-China relations.
The political climate heading into next week's Trump-Xi summit is drastically different from the last meeting in September.
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JUST IN: North Korea Stole $400 Million in Crypto Using Deepfake Video Calls, DOJ Says.
The FBI says the “FaceStealer” scheme uses prerecorded footage and AI deepfakes of trusted contacts to trick crypto workers into installing malware on video calls.
As the DOJ also moves to seize $1.2 billion from the Binance hack.
JUST IN: Who Is Colette Kress, Jensen Huang’s Successor as Nvidia CEO?
Nvidia’s longtime finance chief inherits its first leadership transition in 33 years, bringing decades of technology experience and Wall Street credibility to a company facing a very public leadership test.
STRATO Odds retweeted
Jensen Huang (@JensenHuang) has resigned as CEO of Nvidia.
Reports describe two alleged affairs, one involving a Chinese citizen that raised concerns within the US government about possible foreign intelligence targeting. Nvidia has not publicly given a reason for his departure.
Whatever people think of the circumstances, I find this deeply sad.
Because look at what we chose to measure.
Not 33 years of building.
Not the countless doors he helped open.
Not the generations of people whose lives were changed by what he created.
His private life.
In 1993, Jensen Huang co-founded Nvidia. What followed was extraordinary.
GPUs that transformed gaming. Hardware that helped make cryptocurrency mining possible. Computing power that accelerated scientific discovery. Chips that became part of the foundation of the AI revolution.
Think about how many people built careers, businesses, discoveries and dreams on technology his company helped bring into the world.
That is a legacy no headline can erase.
And I cannot ignore another question.
This is my opinion, not an established fact: I believe he may have been targeted. Reports of possible foreign intelligence involvement deserve serious scrutiny.
When the leader of one of the world's most strategically important technology companies suddenly disappears from his position, asking who benefits is not unreasonable.
But suspicion is not proof. And the truth matters.
So does something else.
We live in a world where it takes decades to build something extraordinary, but only moments for the conversation to forget everything you built.
We can acknowledge someone's mistakes without reducing their entire existence to them.
We can demand accountability without abandoning gratitude.
A person's private failures do not automatically erase a lifetime of public contributions.
And perhaps the saddest part is what this moment reveals about us.
We became more fascinated by the man behind the headlines than by the extraordinary things he helped humanity achieve.
History should remember more than someone's worst chapter.
It should remember what they gave the world.
Jensen, whatever comes next, I hope you know that millions of people have been touched by something you helped create, even if they never knew your name.
Thank you for 33 years of building. Thank you for helping shape a generation. Thank you for showing what one vision, pursued relentlessly, can become.
I'm sorry for how this chapter has unfolded.
And I hope your legacy is remembered in its entirety.
🙏📖
JUST IN: Jensen Huang's exit from Nvidia raises critical questions about the future of AI.
Nvidia CEO Jensen Huang has been a singular figure in the development of the AI industry, which suddenly has to survive without him.
JUST IN: Nvidia's market cap crashes under $4 trillion for the first time since July 2025.
$NVDA falls to $153, down 13% today following CEO Jensen Huang resignation.
JUST IN: Jensen and Lori Huang's Nvidia fortune is jointly controlled. How that makes things complicated now that he's resigned.
Jensen Huang’s $140 billion stake in Nvidia is largely held by trusts co-owned with his wife, Lori, creating added uncertainty for his financial future.
JUST IN: Colette Kress to replace Jensen Huang as Nvidia's $NVDA interim CEO.
JUST IN: Jensen Huang resigns as NVIDIA CEO and board member.
Colette Kress will remain Nvidia’s chief financial officer while serving as interim CEO as the board searches for a permanent successor.
NEW: INFLATION SHOCKS MARKETS AS CRYPTO, STOCKS AND COMMODITIES FACE RENEWED PRESSURE
Higher-than-expected US inflation is reshaping expectations across global financial markets.
Crypto: Bitcoin has slipped below $73K, while Ethereum remains near $2,050. Institutional ETF outflows and rising interest-rate expectations continue to weigh on sentiment.
Stocks: Wall Street faces renewed uncertainty. NVIDIA dropped over 8% in after-hours trading amid reports about CEO succession, while Nasdaq futures declined around 1.2%.
Commodities: Gold fell below $4,000 to around $3,950, while silver declined toward $51. A stronger dollar and expectations of tighter monetary policy are pressuring precious metals.
Macro: Markets now price approximately a 91% probability of a December Fed rate hike following stronger-than-expected inflation.
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