Power Lunch

Your midday look at the top business stories with @SullyCNBC and @KellyCNBC. Weekdays at 2p ET on CNBC.

[Power Lunch @PowerLunch]

POWER POLL: Are you buying the Nvidia dip?

[Power Lunch @PowerLunch]

Jensen Huang is stepping down as CEO of Nvidia. $NVDA

Follow live updates here: https://t.co/rm20CbYzH5

[Brian Sullivan @SullyCNBC]

Including the drop right now, Nvidia has now lost $2 TRILLION in investor value in a month.

$NVDA's market cap loss is larger than all of Meta, six of Intel or three combined ExxonMobils

Expensive stuff.

[CNBC @CNBC]

Nvidia prepares to oust Jensen Huang, WSJ reports — stock sinks further https://t.co/agpjBgDgic

[Brian Sullivan @SullyCNBC]

Critical on the grou .. er, on the water … intel.

[Power Lunch @PowerLunch]

Nvidia prepares to oust Jensen Huang, WSJ reports — stock sinks. $NVDA
https://t.co/X4zm87Lqup

[Power Lunch @PowerLunch]

“It’s a daily risk assessment.”

International Seaways CEO Lois Zabrocky explains why her company’s tankers aren’t traversing the Strait of Hormuz yet. $INSW
https://t.co/xb61wsqXbk

[Power Lunch @PowerLunch]

Treasury Secretary Scott Bessent has moved from his Washington home to a military base amid growing threats, a person familiar with the situation told CNBC.
https://t.co/PydHmsNzLV

[Power Lunch @PowerLunch]

“We’re not out of the woods.”

@Piper_Sandler’s Craig Johnson explains why he’s skeptical about today’s relief rally. $SPY $QQQ
https://t.co/MxGi76tQ6l

[Power Lunch @PowerLunch]

“It really looks like a hit job on Nvidia and on Jensen [Huang].”

Tech investor @Moonalice weighs in on calls for the Nvidia CEO to resign after his affair with an alleged Chinese spy. $NVDA
https://t.co/JIRAXxA0I5

[Power Lunch @PowerLunch]

Baird downgrades Nvidia, slashes price target to $200 from $500. $NVDA
https://t.co/50DoZbX3HZ

[Power Lunch @PowerLunch]

Read more about it: https://t.co/9MazcVtNKE

[Power Lunch @PowerLunch]

Nvidia hires law firm Wachtell Lipton to conduct an investigation of CEO Jensen Huang. @seemamody reports. $NVDA
https://t.co/eLdZaAhZfc

[Power Lunch @PowerLunch]

Pres. Trump was reportedly told about Jensen Huang’s relationship with an alleged Chinese spy during a flight to China in May. @EamonJavers has the details. $NVDA
https://t.co/2okBTrGYTG

[Power Lunch @PowerLunch]

Nvidia stock is “silly cheap,” says @MizuhoAmericas’s Jordan Klein.

He explains why now is the time to buy $NVDA, despite the Jensen Huang controversy.
https://t.co/iW9X0UTZex

[Power Lunch @PowerLunch]

Anthropic sets IPO price range of $70 to $78, looks to start trading Nov. 19, sources say.
https://t.co/OUkEpMhyYY

[Power Lunch @PowerLunch]

Read more about it: https://t.co/33ie47oySc

[Power Lunch @PowerLunch]

The controversy swirling around Jensen Huang isn't stopping one trader from making a massive bet on Nvidia.

@OJRenick breaks down the $100 million trade on $NVDA.
https://t.co/gvfmRDmC0V

[Power Lunch @PowerLunch]

"If Jensen [Huang] is no longer at Nvidia, stock is down 25-30%."

@Divestech weighs in on the potential fallout from the controversy surrounding $NVDA.
https://t.co/c1ewE7Nlu5

[Power Lunch @PowerLunch]

"The potential criminal exposure here is quite significant."

Former DOJ Assistant Attorney General @JKBustertruster breaks down the potential legal fallout at Nvidia. $NVDA
https://t.co/fkCIoQ0uIM