US Stock Pre-Market Roundup: Trump Says No Need for a Deal with Iran; Nvidia Board Reportedly Preparing to Remove Jensen Huang; AMD Invests in Quantum Computing Firm PsiQuantum
On November 12, key pre-market news for US stocks is as follows: 1. Trump said there is no need to reach a deal with Iran, noting that the…
On November 12, key pre-market news for US stocks is as follows: 1. Trump said there is no need to reach a deal with Iran, noting that the era of deal-making is long over. 2. Multiple investment banks have intensively adjusted Nvidia's price targets and ratings: JPMorgan cut its Nvidia price target from $320 to $215; Evercore ISI downgraded Nvidia from "Outperform" to "In Line" and slashed its price target from $465 to $186. Meanwhile, BofA Global Research lowered its Nvidia price target from $350 to $280. 3. According to the Wall Street Journal, sources say Nvidia's board is preparing to remove Jensen Huang.
4. Musk: SpaceX could achieve roughly half of the world's total practical computing power next year. 5. Tesla's Germany plant head said battery cell production will begin in Grünheide, near Berlin, by mid-next year. 6. Amazon: AWS's South America region has opened to select customers, with full availability expected by the end of 2026. 7. Microsoft's head of cloud operations and innovation said the company will bear the electricity costs of data center expansion itself, without passing costs on to other electricity consumers.
8. AMD will make an equity investment in US quantum computing company PsiQuantum. 9. Google is integrating its Gemini voice assistant into Apple CarPlay, expanding into the in-car AI space. 10. Strive has raised its SATA dividend yield to 13.25%, holding approximately 43,153 BTC.
[Rhythm]
Original: https://www.theblockbeats.info/flash/377017
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