Bernstein said that the personal relationship-related allegations facing Huang Renxun could increase regulatory and political pressure on NVIDIA, but it maintained its “Outperform” rating and a target price of 400 USD.
NVIDIA's U.S. stock fell more than 3% in after-hours trading; following Jensen Huang's admission of an extramarital affair and apology, NVIDIA's board of directors launched an investigation.
Open Standard said that Coinbase, Mastercard, Shopify, Stripe, and Visa will invest as its first founding partners and support OUSD launch liquidity exceeding 1 billion US dollars; Zach Abrams will serve as full-time CEO.
Microsoft agreed to maintain the current threshold for retail investor proposals for 1 year while the SEC reviews shareholder-proposal rules, protecting investor rights.