Epstein-level espionage.
That about sums up the fetid situation surrounding Nvidia founder and CEO Jensen Huang. Somebody or some group wants the company, and it's vast wealth and enterprise.
And they'll get it.
The story about Huang having an affair with a supposed Chinese spy is nothing more than cover for the upcoming ouster. While Huang most certainly was having an affair with one Alice Huang (no relation), there's little to no evidence she was working for the CCP. Furthermore, Huang would not likely have passed along company secrets to a paramour.
It's all about power and control and Huang is too powerful and unable to be controlled, so the architects of the world's destiny will install one of their own and do as they please with the Nvidia empire. Adding a second affair for Huang - with Nvidia employee Kimberly Powell - gives the board of directors cause to fire Huang.
As this note was being written, Huang announced his resignation as Nvidia CEO. That didn't take long.
What happens once Huang is dispatched is predictable. The company's books will reveal all kinds of sketchy deals and financing that will cause a ripple effect across the semi and tech sectors. It's already begun as skeptics have alleged circular financing arrangements with companies such as Coreweave. Nvidia finances Coreweave - Coreweave buys Nvidia's chips - everybody goes home happy... until the bill comes due on Coreweave's massive debt.
If this assessment of the current environment sounds to you like fantasy or conspiracy, then just go right on believing that everybody and everything is on the up-and-up and there aren't evil people who wish to do harm to various elements of society, including your personal net worth and standard of living.
Benefits will be paid to those who believe half of what they read and less of what they see and hear with their own eyes and ears. Beyond AI, there's not much truth left out there in the public space. Sentiment is shaped by narratives and expectations. The powers behind the masters of the universe on Wall Street and their cohorts in Washington, D.C., and statehouses across the country are not easily satisfied. They want it all and they are actively pursuing it.
If, at some point, you question the actions of politicians or corporations, wondering why they would embark upon certain quests that make little to no logical sense, like the war with Iran, you might consider that there's a hidden agenda. What it actually is may be elusive and difficult to pinpoint, but when decisions are made and conditions arise - like those with gold and silver - that don't add up in any rational manner, then maybe it's time to question the motives and incentives behind the actions and events.
On the good news side of things, Costco (COST) announced a $30 per share special dividend payable on December 4 to shareholders of record on November 24 and re-authorized a $4 billion stock repurchase program. That's a solid Christmas gift for those wishing to stock up on essentials in case anything bad might happen around, during or after the holidays.
On the downside, stock futures have fallen in advance of the opening bell, as news of Huang's departure spreads. Stocks may be down today, or up, but Friday brings the October PPI report and it's also Friday the 13th.
Blame whatever happens on simple bad luck.
At the Close, Wednesday, November 11, 2026:
Dow: 52,486.49, +254.60 (+0.49%)
NASDAQ: 25,466.19, +400.31 (+1.60%)
S&P 500: 7,619.38, +98.45 (+1.31%)
NYSE Composite: 24,648.53, +186.20 (+0.76%)
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