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.
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.
1 hours ago
A crypto whale was liquidated four times for long BTC positions within 33 minutes, incurring a total loss of $972,700.
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US Media: NVIDIA’s Interim CEO Is Not The Decision-Maker For The Company’s Major Decisions
1 hours ago
Jensen Huang has agreed to testify before the U.S. 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.
1 hours ago
Investment bank D.A. Davidson cuts NVIDIA's price target from $300 to $200.
1 hours ago
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