Tag Archives | Colette Kress

MIB Daily: Nvidia Lost Huang and the AI Trade Rotated to AMD and Broadcom, but Bonds Broke as the 10-Year Jumped to 5.13%, Brent Hit $96 and Home Sales Sank to a 2010 Low

Jensen Huang quit Nvidia effective immediately; NVDA fell 4.34% and at least six firms cut it to Hold, while AMD (+5.86%) and Broadcom (+5.54%) rallied. Hammack and Daly called for higher rates, a December hike is fully priced, and the 10-year jumped 13.7 bps to 5.133%. Brent rose 3.51% on Houthi strike claims against Saudi oil sites. Existing-home sales sank to their lowest since August 2010. Trump threatened to double Mexico tariffs, and SpaceX-Tesla merger talks advanced, per Bloomberg.

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  ANNOUNCEMENT : The next generation WLEI3 had its first out-of-sample update! An auspicious moment for index builders.