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Huang Resigns: Nvidia's Bank Runs Dry, Bitcoin Breaks Key Support, MSCI Cuts Strategy cover art

Huang Resigns: Nvidia's Bank Runs Dry, Bitcoin Breaks Key Support, MSCI Cuts Strategy

Huang Resigns: Nvidia's Bank Runs Dry, Bitcoin Breaks Key Support, MSCI Cuts Strategy

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 Jensen Huang is out at Nvidia, effective immediately - CFO Colette Kress takes the interim CEO seat as the board moves following the affair scandal that's dogged the company all week. NVDA stock craters another ten percent premarket, dragging AI infrastructure names lower and reversing Wednesday's CoreWeave-fueled rally. We break down why this is bigger than a leadership shakeup - it's a test of whether the entire AI financing ecosystem can survive without its architect. Meanwhile Bitcoin breaks below its fifty-week moving average, erasing September's bullish breakout signal, as spot ETFs log a ninth straight day of outflows led by BlackRock's IBIT. MSCI confirms Strategy's index removal at month-end, setting up billions in forced selling. Plus: Iran escalates in the Strait of Hormuz, Treasury yields push toward five percent, and jobless claims hit the tape. Tight, fast, zero fluff - everything moving markets right now.
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