Daniel Forero (@danielforeroj) header
Daniel Forero (@danielforeroj) profile picture

Building @swarmbase & https://nitter.gq/t.co/u4tJHZ1Gdk. AI resources for your company 馃憞

Joined November 2011
Photo by Daniel Forero (@danielforeroj)Photo by Daniel Forero (@danielforeroj)Photo by Daniel Forero (@danielforeroj)Photo by Daniel Forero (@danielforeroj)Photo by Daniel Forero (@danielforeroj)Photo by Daniel Forero (@danielforeroj)Photo by Daniel Forero (@danielforeroj)Photo by Daniel Forero (@danielforeroj)Photo by Daniel Forero (@danielforeroj)Photo by Daniel Forero (@danielforeroj)
Jensen Huang resigned today as Nvidia CEO, effective immediately, four days after admitting an affair. The stock fell as much as 14% this morning, and bettors are already pricing his replacement. Here is who runs Nvidia now, what the market did, and what comes next.
2
1
173
The risk of one person: since Friday, Nvidia has lost more than USD 740 billion in market value. It happened over one man's private life, not over a product. If you own a US index fund, you own Nvidia. A scandal at the top can move a stock more than any launch.
1
16
Without him, another hard week: quarterly results on November 17, and testimony before Congress before Thanksgiving. The permanent CEO is still pending. The test on the 17th is simple: do the numbers hold without the founder presenting them?
7
Anthropic offers 825 million shares on Nasdaq under the ticker ANT, raising up to $64.35 billion. About 20% is reserved for retail investors, double the usual 5% to 10%. For once, regular people can get in at the IPO price.
1
36
It wanted $2 trillion and asked for $1.4 trillion. In May it was valued at $965 billion, so the top of the range is still a big jump. Watch the gap between the goal and the price.
6
A second affair, reportedly. Jensen Huang admitted one on Sunday, and today The New York Times reports another. The stock fell almost 9% after hours, and prediction markets now price his exit at 90%. Here is what is confirmed, what is only reported, and what comes next.
4
3
215
It is your money too. Nvidia is worth more than USD 4 trillion, and today its price moved on reports nobody has confirmed. Know what your index fund holds. Read bets as signals and read reportedly as not yet. None of this is investment advice.
1
21
A decisive week: quarterly results on November 17 and a closed-door meeting with House Republicans on November 18. The board still has to decide, and nothing is confirmed until it does. Would you sell on a report, or wait for the announcement?
16