unusual_whales
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71% of Americans want Congress to end the Iran war, including 51% of Republicans, per Reuters.
BREAKING: Huang and his wife Lori jointly own about 800 million Nvidia, $NVDA, shares worth roughly $135 billion through a complex web of trusts and LLCs, according to SEC filings.
Jensen Huang directly owns about 70 million shares valued at about $12 billion.
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BREAKING: Morgan Stanley tells investors to hold off on buying the dip
The bank says market breadth keeps weakening and worries about funding for AI infrastructure haven’t gone away.
Wall Street is turning on Nvidia $NVDA.
Four firms downgraded the stock this morning:
Bernstein: to Market Perform, with its price target halved to $200 from $400
Oppenheimer: to Perform, price target withdrawn
William Blair: to Market Perform
Evercore ISI: to In Line, price target $186
Five more cut their price targets:
Stifel: $205, from $315
Citi: $225, from $285
Wedbush (Dan Ives): $225, from $300
RBC: $230, from $330
BofA: $280, from $350
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BREAKING: Trump has said we don't need a deal with Iran.
BREAKING: Colette Kress has been appointed interim CEO of Nvidia, $NVDA, following Jensen Huang's immediate resignation.
BREAKING: Jensen Huang just officially resigned as CEO of Nvidia $NVDA effective immediately
Florida ranks as the 4th-worst state for job seekers, per WalletHub’s 2026 study.
The state came in 47th out of 50, and dead last for employment growth.
Job opportunities: 38th
Job security: 42nd
Commute times: 44th
Unemployment: 23rd
Income, adjusted for cost of living: 30th
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America’s 706 biggest corporations paid an average federal tax rate of just 10.4% on $1.88 trillion in US profits last year, per the Institute on Taxation and Economic Policy.
That’s the lowest rate in more than 40 years of the group’s research, below even the 11.2% after Reagan’s tax cuts in 1982, and less than half the official 21% rate.
114 of the companies paid nothing at all, including Tesla, Disney, CVS, Citigroup, United Airlines and DoorDash.
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France has a pay problem.
After adjusting for inflation, the average French worker earns slightly less than in 2019, per OECD data charted by the WSJ. In the US, real wages rose about 8% over the same period.
Real average annual wages, 2019 → 2025:
US: $82K → $88K
Germany: $76K → $77K
UK: $68K → $67K
South Korea: $59K → $62K
France: $62K → $61K
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70% of Americans have cut back on extras like dining out and streaming, due to inflation, per PEW
For the first time in more than a decade, polls show that voters trust Democrats more on the economy, per WaPo
Revenue per employee, past 12 months, per YF:
Nvidia: $7.2M
Anthropic: $6.6M+
Meta: $3.6M
Apple: $3.1M
Alphabet: $2.2M
SpaceX: $1.5M
Microsoft: $1.5M
Tesla: $0.8M
Amazon: $0.5M
26 states now have at least one $1 million starter-home city, up from 9, per FORTUNE
A company backed by Eric Trump is in talks with the Israel Defense Forces to supply humanoid robots to patrol Hamas tunnels beneath Gaza and potentially engage in combat, per FT
Microsoft , $MSFT, says it will “pay our own way” to power its data centers, without government subsidies or pushing up electricity costs for other customers, per Bloomberg.
“We don’t want other customers to be paying for our growth,” said Noelle Walsh, president of Microsoft’s cloud operations.
Microsoft is spending about $117 billion this year on AI and cloud data centers, and says it will keep building.
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Treasury Secretary Scott Bessent was reportedly moved from his Washington, D.C., home to a military base due to Iranian threats on his life, per CNBC
U.S. officials had concluded Iranian plotting against current and former American officials had reached a more advanced stage.
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Sam Altman told Samsung executives that AI demand has been “double counted,” according to Korea’s Financial News.
In a closed-door session with about 50 Samsung presidents on Oct 31, Altman reportedly said only OpenAI and Anthropic are driving major demand growth.
He warned of supply shocks and turbulence ahead but said he expects AI demand to surge in the long run.
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BREAKING: Alice Huang, the founder of Megaspeed International and a suspected Chinese intelligence asset, has returned to China and is living in Beijing, per Bloomberg.
Jensen Huang has admitted to an affair, and Nvidia’s board has launched an independent investigation. Trump has said the FBI is looking into the matter, and Nvidia is facing a class-action lawsuit.
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BREAKING: Trump administration officials for years have been scrutinizing Jensen Huang, the CEO of Nvidia, with warnings over his business operations in China and strong advocacy for curtailing US export controls.
Those concerns were brought to the White House and largely ignored prior to revelations he was having an affair with an alleged Chinese spy, per WSJ
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