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Nvidia (NASDAQ:NVDA) stock fell 5.5% on Tuesday, Nov. 10, after a report deepened the scandal surrounding its CEO, Jensen Huang.

Mark Robinson, North Carolina’s former lieutenant governor, and his wife are seeking federal bankruptcy protection, according to court records filed this month. 

CoreWeave (CRWV) stock rose in after-hours trading on Tuesday as the cloud provider reported better-than-expected quarterly revenue and raised its revenue outlook, fueled by booming customer demand for AI compute capacity.

Total NOI: Grew 8.5% year-over-year (approximately $10.2 million), including ~$2.5 million in lease surrender revenue; excluding that, up 6.5%.

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Back in January 2015, Google and Fidelity put $1 billion into SpaceX, a rocket company then valued at around $10 billion. Few people back then would have guessed that the same company would one day rent Google the chips behind its AI tools.

It took five minutes for Tuesday’s hot inflation report to knock stocks lower, and chip stocks struggled to hold an early rebound. Nvidia (NVDA) hasn’t been sold this hard, this fast since 2019, but the typical S&P 500 stock is barely down.

Picture two proposals for a data center bid. The pricing is similar. The timelines are similar. One covers the construction scope. The other shows how the project can be structured not just on a blueprint but on a tax return to unlock additional financial value.

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Nov 10 (Reuters) – US consumer prices rose more than expected in October, prompting financial markets to ‌pile into bets the Federal Reserve will have ‌to respond aggressively with interest rate increases to rein in inflation.