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U.S. Treasury Secretary Bessent said the Fed should focus on the future.

2026-11-13

U.S. Treasury Secretary Bessent said the Fed should focus on the future.

Other News
2026-11-13

South Korea's KOSPI was up 2.05% in early trade. SK Hynix and Samsung Electronics each rose more than 3%.

South Korea's KOSPI was up 2.05% in early trade. SK Hynix and Samsung Electronics each rose more than 3%.
2026-11-13

Matt Witheiler, head of late-stage growth investing at Wellington Management's private equity arm, stated that Nvidia's $4 trillion market capitalization is primarily due to its $100 billion revenue and 100% year-over-year growth last quarter, not to

Matt Witheiler, head of late-stage growth investing at Wellington Management's private equity arm, stated that Nvidia's $4 trillion market capitalization is primarily due to its $100 billion revenue and 100% year-over-year growth last quarter, not to Jensen Huang's personal tenure as CEO. He believes the company's business plan for the next two to three years is largely set, and whoever takes over will not affect product launches or the pace of development during this period. While Witheiler's portfolio does not hold Nvidia stock, Wellington Management as a whole is a major shareholder in the tech giant. Stephen Yiu, a manager at Blue Whale Fund, stated that investors need to focus on the company's competitive position, and Nvidia's strong relationships with customers and suppliers remain intact. One of Nvidia's top ten shareholders pointed out that Huang is a key figure in the company, and his departure could have a painful impact. Another portfolio manager from a major shareholder believes this is an isolated incident primarily affecting Nvidia and will not have a widespread impact on the entire AI industry. A portfolio manager who is a major Nvidia shareholder pointed out that the actual impact of AI on business operations is still in its early stages. As new technologies continue to improve operational efficiency, other related stocks may also benefit from the AI boom and fill the performance gap when the valuations of some popular AI stocks decline.
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