Guys, Jensen Huang has resigned. The CEO and all the directors are stepping down, effective immediately, after 33 years.
CFO Colette Kress is the interim CEO. They’re still looking for a permanent replacement, and the earnings report will be released as scheduled on the 17th. Nvidia shares fell as much as 13% at the open, then recovered half of the loss.
In my post at noon, I said that if the leadership change really happened, the Nasdaq would take a hit and Bitcoin wouldn’t escape unscathed. Sure enough, it didn’t.
An hour after the US market opened, Bitcoin had already fallen below 72.7k—the low from CPI night—and dropped as far as 71.3k. It’s now at 71.6k. At 3 p.m., I said that if it broke below 72.7k again, it could head for 72k. It plunged right past that.
The news is out, but nobody knows what the new boss will do. When the AI pillar wobbles, Bitcoin wobbles along with it.
The earnings report on the 17th is the next hurdle. I’ll let you guys know as soon as it’s out.
#JensenHuangAgainAccusedOfAnAffairWithASubordinateCouldBeRemovedByTheBoard#黄仁勋辞任CEO，英伟达战略走向受关注 $BTC
CFO Colette Kress is the interim CEO. They’re still looking for a permanent replacement, and the earnings report will be released as scheduled on the 17th. Nvidia shares fell as much as 13% at the open, then recovered half of the loss.
In my post at noon, I said that if the leadership change really happened, the Nasdaq would take a hit and Bitcoin wouldn’t escape unscathed. Sure enough, it didn’t.
An hour after the US market opened, Bitcoin had already fallen below 72.7k—the low from CPI night—and dropped as far as 71.3k. It’s now at 71.6k. At 3 p.m., I said that if it broke below 72.7k again, it could head for 72k. It plunged right past that.
The news is out, but nobody knows what the new boss will do. When the AI pillar wobbles, Bitcoin wobbles along with it.
The earnings report on the 17th is the next hurdle. I’ll let you guys know as soon as it’s out.
#JensenHuangAgainAccusedOfAnAffairWithASubordinateCouldBeRemovedByTheBoard#黄仁勋辞任CEO，英伟达战略走向受关注 $BTC
