Stock Market Rebounds Even As Nvidia CEO Jensen Huang Resigns, Treasury Yields Jump: Weekly Review
Detailed summary
The stock market rebounded bullishly this week, especially techs, even as Nvidia CEO Jensen Huang resigned over affairs and Treasury yields surged. The post Stock Market Rebounds…
Stocks continued to rebound from the Nov. 5 sell-off. The Nasdaq staged a follow-through day on Wednesday, though the major indexes pared weekly gains. Nvidia (NVDA), sold off as CEO Jensen Huang came under fire and eventually resigned over extramarital affairs – one with an alleged Chinese agent. CoreWeave (CRWV) skyrocketed on better-than-expected quarterly results but neocloud rival Nebius (NBIS) plunged…
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