💻 Nvidia and CEO Jensen Huang have been hit with a lawsuit accusing them of allegedly misleading shareholders by hiding ties to an alleged Chinese spy.
‼ The plaintiffs claim the company and Huang withheld information that could have influenced investors' decisions to buy or hold NVDA.
⚠ A lawsuit being filed doesn't mean the allegations are proven.
🕯 NVDA's reaction to the suit is neutral so far. Waiting for the market open.
🪙 Yesterday BlackRock sold $213.23M worth of BTC and $118.28M worth of ETH. Bitcoin remains below $75K, and the odds of a $70K retest are rising.
⚡ Anthropic plans to go public next week, WSJ reports. The company aims to raise $80–100B.
📈 The probability of a Fed rate hike in December has jumped to a record 80%. Looks like tighter Fed policy is now unavoidable.
I added "alleged" before "spy" to keep the wording safe for a lawsuit story.
#Macro Insights# #Altcoin Season#NvidiaInvestigatesAfterHuang’sAffairApology
‼ The plaintiffs claim the company and Huang withheld information that could have influenced investors' decisions to buy or hold NVDA.
⚠ A lawsuit being filed doesn't mean the allegations are proven.
🕯 NVDA's reaction to the suit is neutral so far. Waiting for the market open.
🪙 Yesterday BlackRock sold $213.23M worth of BTC and $118.28M worth of ETH. Bitcoin remains below $75K, and the odds of a $70K retest are rising.
⚡ Anthropic plans to go public next week, WSJ reports. The company aims to raise $80–100B.
📈 The probability of a Fed rate hike in December has jumped to a record 80%. Looks like tighter Fed policy is now unavoidable.
I added "alleged" before "spy" to keep the wording safe for a lawsuit story.
#Macro Insights# #Altcoin Season#NvidiaInvestigatesAfterHuang’sAffairApology
