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Top pre-market news for US stocks: Trump says no need to reach a deal with Iran; Nvidia's board is preparing to oust Jensen Huang; AMD invests in quantum computing firm PsiQuantum.

4 hours ago

Key pre-market news for U.S. stocks today is as follows: 1. Trump says no deal with Iran is needed, noting the era of such agreements is long gone. 2. Multiple investment banks have adjusted NVIDIA’s price targets and ratings: JPMorgan Chase cut NVIDIA’s price target from $320 to $215; Evercore ISI downgraded NVIDIA from "Outperform" to "Market Perform", slashing its price target from $465 to $186. Meanwhile, BofA Global Research lowered NVIDIA’s price target from $350 to $280. 3. Per The Wall Street Journal: Sources familiar with the matter state that NVIDIA’s board is preparing to oust Jensen Huang. 4. Elon Musk: SpaceX is expected to achieve practical computing power equivalent to roughly half of the global total next year. 5. Head of Tesla’s German Gigafactory: Battery cell production will kick off at Grünheide, on the outskirts of Berlin, by mid-next year. 6. Amazon: AWS’s South America region is now open to select customers, with full launch expected by the end of 2026. 7. Head of Microsoft’s Cloud Operations and Innovation division said the company will cover power costs from data center expansion on its own, and will not pass these costs to other power consumers. 8. AMD will make an equity investment in U.S. quantum computing firm PsiQuantum. 9. Google is integrating its Gemini voice assistant into Apple CarPlay, expanding into the in-vehicle AI sector. 10. Strive raised SATA’s dividend yield to 13.25%, and holds approximately 43,153 BTC.

Relevant content

NVIDIA is facing an antitrust investigation by the U.S. Department of Justice, and there are currently no signs indicating that Jensen Huang will face criminal charges.

According to U.S. financial media Semafor, NVIDIA (NVDA) is facing an antitrust investigation by the U.S. Department of Justice. However, there are currently no indications that the DOJ is seeking to file criminal charges against NVIDIA CEO Jensen Huang. The investigation targets antitrust issues concerning the company, and there is no basis to conclude that Huang is personally involved in a criminal case.

1 hours ago

A crypto whale was liquidated four times for long BTC positions within 33 minutes, incurring a total loss of $972,700.

According to monitoring by Onchain Lens, a Hyperliquid whale trader faced 4 liquidations of BTC long positions within 33 minutes, with total losses amounting to $972,700. Currently, the trader still holds 40x leveraged BTC long positions worth $16.16 million, with a liquidation price of $71,119 — just around 1.07% away from the current price. The trader’s unrealized loss stands at roughly $609,500, bringing their total historical trading losses to $1.01 million.

1 hours ago

US Media: NVIDIA’s Interim CEO Is Not The Decision-Maker For The Company’s Major Decisions

According to a report from The Information, Nvidia’s interim chief executive is not leading the company’s major decision-making nor responsible for setting its major decision-making agenda. Separately, data from the BIT stock platform shows Nvidia’s intraday decline has narrowed to within 4%.

1 hours ago

Jensen Huang has agreed to testify before the U.S. Congress.

The Chair of the U.S. House Foreign Affairs Committee stated that Jensen Huang has agreed to testify before Congress.

1 hours ago

Vanda: Retail investors net-purchased $111 million worth of NVIDIA stock within the first half hour of market open, setting a new historical record.

Financial market research firm Vanda Data reports that retail investors net bought $111 million worth of Nvidia (NVDA) shares in the first half hour after the US stock market opened, marking the largest retail net purchase of the stock during the opening phase on record. Despite Nvidia’s recent stock price headwinds, retail funds have shown strong willingness to buy the dip.

1 hours ago

Investment bank D.A. Davidson cuts NVIDIA's price target from $300 to $200.

Investment bank D.A. Davidson has cut its price target for Nvidia (NVDA.O) from $300 to $200.

1 hours ago

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