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BREAKING: Last week's series of events which ultimately led to Jensen Huang's resignation were "set in motion" by US Secretary of State Marco Rubio, per The Washington Post. Details include: 1. Rubio initially issued a memo warning President Trump about the relationship between Jensen Huang and a suspected Chinese spy 2. This memo was based on a CIA report which was "recasted in his own assertive terms" 3. The findings of Rubio’s memo were then leaked to the media setting off last week's chain of events 4. Jensen Huang's resignation came just 6 days after the leaks Rubio has reportedly declined to answer reporters’ questions on his role in alerting the White House to Huang’s affair.

BREAKING: Bitcoin falls below $65,000 and ETH falls below $1,750 as total liquidations hit $1.8 billion over the last 24 hours. Crypto markets have now erased -$330 billion in market cap this week.

On the Nvidia situation: Nvidia's board can still make things right. It has now been 48 hours since Jensen Huang resigned from his role as CEO, President, and board member of Nvidia. Meanwhile, a thorough investigation has not been completed, countless critical questions are unanswered, and one of the world's greatest CEOs was forced out before the full facts of the situation were established. In fact, the US Attorney General, the CIA, the DNI, and members of the House Intelligence Committee have also suggested that the current evidence remains inconclusive regarding whether Jensen Huang was involved in an affair with a Chinese spy. The reality is that Jensen Huang resigned in the heat of the moment and the board acted based on speculative information. We believe Nvidia's board, $NVDA, has a duty to shareholders to openly acknowledge that Jensen Huang could return to the company, pending a thorough investigation. What happens in a CEO's personal life should not automatically dictate his role in a company, particularly if an investigation fails to establish national security misconduct or other wrongdoing that warrants removal. The right move is to acknowledge that Jensen Huang is innocent until proven guilty. Nvidia's board must do this now. It is not too late.

BREAKING: An open letter to reinstate Jensen Huang as CEO of Nvidia, $NVDA, now has over 65,000 signatures, alleging that Huang was removed "without meaningful due process." The letter has been signed by more than 35,000 shareholders and 4,700 current and former Nvidia employees. Elon Musk has publicly stated that he has signed the petition and fully supports Huang's return to the company. We maintain our view that Huang was removed prematurely, without a conclusive investigation.