Oh we are so fucked
BREAKING: US officials believe Nvidia, $NVDA, CEO Jensen Huang had a "romantic relationship" with a Chinese spy from China’s main intelligence agency, per FT.
Details include:
1. US officials say Jensen Huang had been romantically involved with Alice Huang, an executive at Megaspeed
2. US intelligence shows that Alice Huang was recruited as a spy by China’s Ministry of State Security
3. Megaspeed has now come under US scrutiny for allegedly smuggling advanced Nvidia chips into China
It's unclear what the implications of this development will be.
There are no recessions because this shit is just regular.
Tech Stocks in Bear Market Territory:
1. AppLovin, $APP: -65%
2. CoreWeave, $CRWV: -57%
3. Coinbase, $COIN: -56%
4. Western Digital, $WDC: -52%
5. Oracle, $ORCL: -50%
6. Arm Holdings, $ARM: -49%
7. Circle, $CRCL: -44%
8. Sandisk, $SNDK: -42%
9. Robinhood, $HOOD: -40%
10. Seagate, $STX: -39%
11. ServiceNow, $NOW: -37%
12. Super Micro Computer, $SMCI: -35%
13. Intel, $INTC: -35%
14. Adobe, $ADBE: -34%
15. Broadcom, $AVGO: -31%
16. Marvell Technology, $MRVL: -30%
17. Alphabet, $GOOGL: -28%
18. IBM, $IBM: -25%
19. Micron, $MU: -24%
20. Meta, $META: -22%
We are in a "stealth" bear market.
Read our analysis below.




