Forwarded from The Kobeissi Letter
You can't make this up:
At 6:00 PM ET, US stock market futures opened for the first time since Nvidia CEO Jensen Huang admitted to a "relationship" with a Chinese spy.
By 6:01 PM ET, S&P 500 futures had erased an implied -$300 billion in market cap.
Then, by 6:07 PM ET, all losses were erased and S&P 500 futures turned green, adding back an implied +$350 billion in market cap as traders bought the dip.
That's a $650 billion swing in implied market cap due to a CEO's relationship.
We all just witnessed the strangest record in stock market history.
(@TheKobeissiLetter)
At 6:00 PM ET, US stock market futures opened for the first time since Nvidia CEO Jensen Huang admitted to a "relationship" with a Chinese spy.
By 6:01 PM ET, S&P 500 futures had erased an implied -$300 billion in market cap.
Then, by 6:07 PM ET, all losses were erased and S&P 500 futures turned green, adding back an implied +$350 billion in market cap as traders bought the dip.
That's a $650 billion swing in implied market cap due to a CEO's relationship.
We all just witnessed the strangest record in stock market history.
(@TheKobeissiLetter)
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Forwarded from unfolded.
NYSE TO SETTLE TOKENIZED STOCKS ON AVALANCHE BLOCKCHAIN - BBG | AI comment
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Forwarded from Ian's Intel
STRATEGY PURCHASED 1,036 BTC NOV 2–8, 2026
STRATEGY USD RESERVE FALLS TO $4.91B -$8.0M NOV 2–8, 2026
STRATEGY REPURCHASED $188M STRC STOCK NOV 2–8, 2026
SOURCE
STRATEGY USD RESERVE FALLS TO $4.91B -$8.0M NOV 2–8, 2026
STRATEGY REPURCHASED $188M STRC STOCK NOV 2–8, 2026
SOURCE
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