Pre-market dynamics in the US stock market: NVIDIA falls by 7.8%, companies of AI compete to ensure overseas production capacity
2026-11-12 21:33:02
According to CoinMeta, as reported by Newsquawk, during pre-market trading in the U.S. stock market, the S&P 500 index fell by 0.8%, and the Nasdaq index fell by 1.3%. NVIDIA's stock price dropped by 7.8% due to the board of directors' plans to remove CEO Jensen Huang, and several institutions including Evercore downgraded their ratings. Chinese AI companies are eager to ensure their NVIDIA overseas production capacity due to concerns about stricter restrictions from the United States. AMD's stock price rose by 0.7%, and William Blair upgraded its rating to "outperforming the market." CRWV's stock price fell by 10.4%, with plans to issue at least $4 billion in IG loans through Morgan Stanley and Mitsubishi UFJ Financial Group. Lilly's stock price rose by 1.7% after obtaining Chinese approval for an oral GLP-1 medication for weight management. KDP's stock price fell by 4.5% following the launch of a $2 billion underwritten public offering of shares. MSTR's stock price dropped by 6.6%, and MSCI decided to remove it from the stock index.
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Source:X
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