BlockBeats

NVIDIA founder and CEO Jensen Huang sent an email to employees apologizing for personal disloyalty and stated that he would fully cooperate with the independent investigation initiated by the board of directors. The board's statement said that an independent committee has been established to review relevant national security concerns, but emphasized that there is currently no evidence showing that confidential information has been compromised.

Several large funds have experienced significant drawdowns, even turning negative for the entire year, and subsequently began layoffs, returning funds, and adjusting strategies.

The results of the U.S. midterm elections will dominate sector rotation and the year-end U.S. stock market trends: if the Republican Party unexpectedly retains control of the Senate, it is likely to boost the market and benefit financial stocks; if the Democratic Party wins a larger-than-expected majority, it may trigger the market to price in the risk of corporate tax increases in 2028 ahead of time, thereby putting pressure on valuations.

Initially attacked banks, later discovered that cryptocurrency generates money faster.

Intel's third-quarter earnings exceeded expectations, but fourth-quarter revenue, gross margin, and earnings per share guidance are all below market expectations.

Its slogan, or rather the goal it aspires to, is "to accommodate the entire financial system."

JPMorgan raised its growth forecast for Google Cloud in 2027 to 107% (previously 70%) ahead of the Q3 earnings report, and increased the growth rate for AWS during the same period to 40%; the increase mainly comes from TPU sales and price hikes in AI computing power, but the return on AI investment has not yet been fully validated.

Jensen Huang responded to the controversy over AI's return on investment and bubble: it is not right to place all the pressure on NVIDIA and OpenAI; land, electricity, chassis, and construction resources are the main bottlenecks.

Goldman Sachs expects another interest rate hike in December, but the duration of high rates will determine the economic cost.

With inflation and competitive pressure overlapping, the market is beginning to examine whether AI companies can sustain themselves until revenue realization.