NVIDIA INTERVENTION PRECEDED HALT OF US CHIP SMUGGLING PROBE A US Commerce Department investigation into suspected Nvidia ($NVDA ) chip smuggling to China was halted and transferred to the Justice Department after Nvidia's legal team contacted investigators, according to The New York Times. Nvidia's general counsel reportedly cited authorization from a senior Commerce official, raising concerns among investigators about potential interference. The case involves Megaspeed, whose former executive has been accused by US officials of links to Chinese intelligence

NVIDIA INTERVENTION PRECEDED HALT OF US CHIP SMUGGLING PROBE A US Commerce Department investigation into suspected Nvidia ($NVDA ) chip smuggling to China was halted and transferred to the Justice Department after Nvidia's legal team contacted investigators, according to The New York Times. Nvidia's general counsel reportedly cited authorization from a senior Commerce official, raising concerns among investigators about potential interference. The case involves Megaspeed, whose former executive has been accused by US officials of links to Chinese intelligence

BREAKING: The S&P 500 surges over +100 points as dip buyers rotate back into technology stocks. US stocks have now added +$1 trillion today.

US SHUTDOWN RISK RISES AS CONGRESS RETURNS Lawmakers face a December 11 funding deadline after Democrats’ midterm sweep, with negotiations complicated by the approaching transfer of power. Prediction markets now price a 38% chance of a government shutdown on December 12, up 5 points. Congress has just over a month to avert another funding crisis.

US SHUTDOWN RISK RISES AS CONGRESS RETURNS Lawmakers face a December 11 funding deadline after Democrats’ midterm sweep, with negotiations complicated by the approaching transfer of power. Prediction markets now price a 38% chance of a government shutdown on December 12, up 5 points. Congress has just over a month to avert another funding crisis.

US OCTOBER CPI PREVIEW: WALL STREET EXPECTS COOLER INFLATION Release: Tuesday, November 10, at 8:30 AM ET Consensus forecasts (M/M): 🔸 Headline CPI: 0.23% (September: 0.65%) 🔸 Core CPI: 0.22% (September: 0.33%) 🔸 Core PCE estimate: 0.23% Bank forecasts — Headline / Core CPI (M/M): 🔸 Goldman Sachs: 0.21% / 0.16% 🔸 Morgan Stanley: 0.19% / 0.19% 🔸 Deutsche Bank: 0.20% / 0.20% 🔸 Wells Fargo: 0.28% / 0.21% 🔸 Barclays: 0.24% / 0.22% 🔸 HSBC: 0.20% / 0.23% 🔸 JPMorgan: 0.25% / 0.23% 🔸 UBS: 0.26% / 0.23% 🔸 Jefferies: 0.23% / 0.24%

US OCTOBER CPI PREVIEW: WALL STREET EXPECTS COOLER INFLATION Release: Tuesday, November 10, at 8:30 AM ET Consensus forecasts (M/M): 🔸 Headline CPI: 0.23% (September: 0.65%) 🔸 Core CPI: 0.22% (September: 0.33%) 🔸 Core PCE estimate: 0.23% Bank forecasts — Headline / Core CPI (M/M): 🔸 Goldman Sachs: 0.21% / 0.16% 🔸 Morgan Stanley: 0.19% / 0.19% 🔸 Deutsche Bank: 0.20% / 0.20% 🔸 Wells Fargo: 0.28% / 0.21% 🔸 Barclays: 0.24% / 0.22% 🔸 HSBC: 0.20% / 0.23% 🔸 JPMorgan: 0.25% / 0.23% 🔸 UBS: 0.26% / 0.23% 🔸 Jefferies: 0.23% / 0.24%

Tesla has just officially announced a new Robotaxi city! San Antonio, Texas @Tesla robotaxi rides begin on November 9th at 5 AM CT.

Tesla has just officially announced a new Robotaxi city! San Antonio, Texas @Tesla robotaxi rides begin on November 9th at 5 AM CT.

Last week was extremely volatile dealing with US midterm election results and Trump Iran War updates. This week has some more volatility: 1. CPI Inflation data - Tuesday 2. OPEC Monthly Report - Wednesday 3. Initial Jobless Claims data - Thursday 4. PPI Inflation data - Friday 5. 17 Fed Speakers This Week Earnings: $RKLB, $ASTS, $QMCO $ZETA, $HIMS $CRWV, $CSCO, $AMAT, $NBIS, $CBRS, $MARA, $SE

Last week was extremely volatile dealing with US midterm election results and Trump Iran War updates. This week has some more volatility: 1. CPI Inflation data - Tuesday 2. OPEC Monthly Report - Wednesday 3. Initial Jobless Claims data - Thursday 4. PPI Inflation data - Friday 5. 17 Fed Speakers This Week Earnings: $RKLB, $ASTS, $QMCO $ZETA, $HIMS $CRWV, $CSCO, $AMAT, $NBIS, $CBRS, $MARA, $SE

Without many car line left $TSLA Is it safe to say Tesla is no longer a car company.. Terafab , Optimus SI will be the future. Elon is thinking 3 steps ahead. Totally make sense if weee to merge with $SPCX

Without many car line left $TSLA Is it safe to say Tesla is no longer a car company.. Terafab , Optimus SI will be the future. Elon is thinking 3 steps ahead. Totally make sense if weee to merge with $SPCX

BREAKING: Google’s parent Alphabet added another 3.85 million shares of SpaceX in Q3, its latest SEC filing shows. Alphabet held 555 million shares worth $83.7 billion as of Sept. 30. SpaceX alone made up nearly 95% of its reported stock portfolio. Google first put $900 million into SpaceX in January 2015. By the end of Q3, the stake was worth about 93 times Google’s original investment.

BREAKING: Google’s parent Alphabet added another 3.85 million shares of SpaceX in Q3, its latest SEC filing shows. Alphabet held 555 million shares worth $83.7 billion as of Sept. 30. SpaceX alone made up nearly 95% of its reported stock portfolio. Google first put $900 million into SpaceX in January 2015. By the end of Q3, the stake was worth about 93 times Google’s original investment.

US OPTIONS TRADING HITS ALL-TIME RECORD AMID MARKET ROUT US options volume surged to a record 112 million contracts on Thursday, November 5, as investors rushed to hedge against a sharp stock-market selloff. 🔸 Options volume: 53% above October's daily average 🔸 Put options: Just over 50% of contracts traded 🔸 S&P 500: -4.4% 🔸 Nasdaq 100: More than -6% 🔸 VIX: Highest level since March

US OPTIONS TRADING HITS ALL-TIME RECORD AMID MARKET ROUT US options volume surged to a record 112 million contracts on Thursday, November 5, as investors rushed to hedge against a sharp stock-market selloff. 🔸 Options volume: 53% above October's daily average 🔸 Put options: Just over 50% of contracts traded 🔸 S&P 500: -4.4% 🔸 Nasdaq 100: More than -6% 🔸 VIX: Highest level since March

Just to put today's crash into perspective: After today's crash, Nvidia, $NVDA, is now trading at a Forward P/E ratio of ~13x. That's 7 turns below the S&P 500's ~20x Forward P/E and less than one-third of Walmart's ~43x. Ironically, the name at the forefront of the AI buildout is now one of the "cheapest" stocks in the market. Truly incredible.

Just to put today's crash into perspective: After today's crash, Nvidia, $NVDA, is now trading at a Forward P/E ratio of ~13x. That's 7 turns below the S&P 500's ~20x Forward P/E and less than one-third of Walmart's ~43x. Ironically, the name at the forefront of the AI buildout is now one of the "cheapest" stocks in the market. Truly incredible.

Tech Stocks in Bear Market Territory: 1. SanDisk, $SNDK: -66% 2. Arm Holdings, $ARM: -64% 3. Coinbase, $COIN: -63% 4. Nebius, $NBIS: -62% 5. Seagate, $STX: -60% 6. Marvell Technology, $MRVL: -59% 7. ServiceNow, $NOW: -57% 8. Oracle, $ORCL: -56% 9. AppLovin, $APP: -54% 10. Circle, $CRCL: -54% 11. Super Micro Computer, $SMCI: -51% 12. Micron, $MU: -48% 13. Dell, $DELL: -47% 14. SpaceX, $SPCX: -47% 15. Qualcomm, $QCOM: -43% 16. Broadcom, $AVGO: -41% 17. AMD, $AMD: -39% 18. Robinhood, $HOOD: -38% 19. Alphabet, $GOOGL: -32% 20. Tesla, $TSLA: -32% 21. Palantir, $PLTR: -28% 22. TSMC, $TSM: -28% 23. Meta, $META: -26% 24. CrowdStrike, $CRWD: -26% 25. Nvidia, $NVDA: -25% The S&P 500 has now erased -$4 trillion in market cap since October 6th.