Nvidia's interim CEO and CFO, Colette Kress, had objected to the high-risk deal pushed by Jensen Huang. Kress opposed Nvidia's plan to provide up to $250 billion in credit support for OpenAI, a deal that was ultimately broken up, with Nvidia currently only committing to approximately $100 billion in credit support. With data center projects delayed and cloud computing deals canceled, Colette Kress has begun diversifying Nvidia's financial exposure to a small number of customers. Nvidia has provided over $100 billion in financial support, including investments and credit guarantees, to customers and supply chain partners, raising concerns among some investors that the company may tighten its financing. One cloud service provider has already considered switching to Google or AMD chips. Colette Kress also faces challenges such as diversified customer sourcing, tightening U.S. export controls, and internal power realignment within the company. She has also had disagreements with Jensen Huang and his family over company matters. (Source: The Information)

According to data from the U.S. Treasury Department, the U.S. fiscal deficit reached $404 billion in the first month of fiscal year 2027 (October 2026), an increase of 42% year-on-year. Government spending that month increased by 12% year-on-year to $773 billion, while tax revenue decreased by 9% to $369 billion, of which tariff revenue decreased by approximately 39% year-on-year to $19.2 billion. Increased military spending, healthcare expenditures, and national debt interest payments have driven up government spending, while higher-than-expected tariffs and corporate tax refunds have dragged down tax revenue. The U.S. Treasury Department projects the fiscal deficit will rise slightly to approximately $2.2 trillion this fiscal year. The previous fiscal year's deficit was $1.99 trillion, approximately 6% of GDP.

Bank of America's trading division noted that hedge funds are re-betting that interest rate-sensitive stocks will fall. Data from Bank of America traders showed that as of 1:40 p.m. New York time on Thursday, small-cap stocks with predominantly short positions were down an average of 2.47%. As of 2:43 p.m., the Russell 2000 index was down 1.4%. John Egan, head of global short selling analytics and tactical solutions at Bank of America, said that stocks with widespread short positions are underperforming, which favors short selling.

AiCoin data shows that the cryptocurrencies with the most significant price fluctuations currently include: Unusual upward movement: • BARD: 24-hour increase of 47.56%, trading volume increased by 3205.38% • MAGMA: 24-hour increase of 25.18%, trading volume increased by 660.94% · AKE: 24-hour increase of 12.09%, trading volume increased by 90.73%. Abnormal downward movement: JCT: 24-hour decline of 53.34%, trading volume decreased by 46.53%. • NBIS: 24-hour decline of 17.16%, trading volume increase of 103.5% IDOL: 24-hour decline of 15.23%, trading volume increase of 365.06%. Among them, BARD and MAGMA saw the most significant increases in trading volume, indicating a marked increase in short-term trading activity. Cryptocurrencies exhibiting unusual price movements may experience significant volatility; please be aware of position and leverage risks. Data is for reference only and does not constitute investment advice.

Chicago Federal Reserve President John Goolsby said that the U.S. inflation situation is at a dangerous juncture, with the CPI rising for the second consecutive month in October, and persistent price pressures in the service and healthcare sectors. Goolsby points out that the Federal Reserve is distinguishing between the impact of supply-side shocks and the effects of excessive AI-related demand. Currently, AI-related inflation is mainly concentrated in the technology and related industries. If the excessive demand caused by data center construction spreads to the overall economy, it will become a problem. (Source: Yahoo Finance)