Jensen Huang has resigned.
Nvidia just issued an announcement: its CEO of 33 years is stepping down immediately, with the CFO taking over on an interim basis.

The U.S. stock market hasn’t even opened yet, but NVDAUSDT on Binance is already down 11% 📉

I took a look at “Smart Money” on Binance Futures, and this time it’s a total one-sided bet:
· $187 million in short positions, average entry price 170, with 98.7% in profit
· $30 million in long positions, average entry price 163, with only 1.9% in profit

When I posted about Smart Money this afternoon, the bears were already betting on a drop.
Now that the news is out, nearly all the shorts are making money, while almost all the dip-buying longs have been wiped out.

The news is always one step behind the positions.
Want to know what happens next? First, see what the people making money are doing 🤣

Go to: Binance Futures → Search NVDAUSDT → Smart Money

Do you think Nvidia can still weather next week’s earnings report without Jensen Huang?
#黄仁勋 #英伟达 #黄仁勋再被曝与下属婚外情,或遭董事会罢免