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NBC reports U.S. Commerce Secretary Lutnick has agreed to testify before Congress.

2026-11-13

NBC reports U.S. Commerce Secretary Lutnick has agreed to testify before Congress.

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2026-11-13

CITIC Securities said NVIDIA CEO Jensen Huang’s departure, combined with shifts in the US political backdrop, could trigger a valuation repricing across the AI supply chain and a style rebalance in US equities, though the medium‑term effect depends o

CITIC Securities said NVIDIA CEO Jensen Huang’s departure, combined with shifts in the US political backdrop, could trigger a valuation repricing across the AI supply chain and a style rebalance in US equities, though the medium‑term effect depends on corporate earnings evolution. In tech, markets may short‑term reprice slower AI capex growth and downward revisions to semiconductor earnings; supply‑chain inventory risk appears limited and hardware downside should be manageable. Slower AI capex would improve cloud service providers’ (CSPs’) free cash flow, and, together with a potential retreat in long‑end yields, could support the SaaS sector. For US equities, the midterm elections and tech leadership turnover may increase near‑term volatility but systemic selling pressure is likely limited; as political risk is digested, pricing should refocus on earnings growth and upward revisions to underpin medium‑term performance.
2026-11-13

Fed's GOOLSBEE said AI investment looks like a stimulus.

Fed's GOOLSBEE said AI investment looks like a stimulus.
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