Nvidia Shares Fall Amid Spy Allegations — Daily Tech Trends Digest

Excerpt from Bloomberg: “Grace Peters, global investment strategy co-head at JPMorgan Private Bank, calls semiconductor stocks “the epicenter of this drawdown,” but says that earnings assumptions show markets are “reasonably valued.” She says the firm doesn’t have a reason to step back from investing in…”

Excerpt from Bloomberg: “Cloud computing and cybersecurity company Akamai Technologies Inc. is looking to raise $2.2 billion from selling two sets of convertible bonds to help fund spending.”

Excerpt from Bloomberg: “Oil fell on an unconfirmed report that Iran had made concessions on its demands over the Strait of Hormuz as diplomatic efforts to end the war in the Middle East continue.”

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Excerpt from Bloomberg: “Spying scandal adds to pressure on chipmaker’s stock.”

Excerpt from Bloomberg: “Jensen Huang’s admission of an affair has ramifications for politics and technology alike.”

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Excerpt from Bloomberg: “Nvidia's board has launched an independent probe into reports its CEO Jensen Huang was targeted by foreign intelligence after he admitted to an affair with a suspected Chinese spy. (Source: Bloomberg)”

Excerpt from Bloomberg: “At the heart of the biggest controversy to confront Nvidia Corp. in its three-decade history is a former television journalist who became a semiconductor power broker renting advanced chips to China’s top firms.”

Excerpt from Bloomberg: “Nadia Calviño, President of the European Investment Bank, joins Bloomberg's Oliver Crook on Bloomberg's "The Opening Trade" to discuss the race to succeed Christine Lagarde at the ECB, how the US midterm elections may impact Europe, and the latest on European technology…”

Excerpt from Bloomberg: “Nvidia Corp. co-founder Jensen Huang’s daughter planned to showcase deepening ties with two of South Korea’s most important AI players Monday. Instead, Madison Huang cancelled her appearance, a senior government official pulled out and company executives fended off uncomfortable…”

Excerpt from Bloomberg: “Philippine Vice President Sara Duterte’s impeachment trial resumed on Monday after a month-long break, with attention shifting to her defense team’s strategy to avoid a guilty verdict that could end her political career.”

Excerpt from Bloomberg: “Sheikh Hasina, Bangladesh’s ousted former prime minister, has asked the government to issue her a new passport and national identity card, a move that could facilitate her return more than two years after she fled to India following a mass uprising.”

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Excerpt from Bloomberg: “European stocks rose, with banks among the strongest gainers after better-than-expected earnings for Italy’s UniCredit SpA and a merger proposal for Banco BPM SpA.”

Excerpt from Bloomberg: “US President Donald Trump struck a more conciliatory tone about Iran over the weekend, saying it’s “highly unlikely” he will order extensive strikes on the Islamic Republic.”

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Excerpt from Bloomberg: “Japan and Vietnam agreed to deepen cooperation in trade, technology, defense and energy security as their leaders met in Tokyo on Monday, seeking to strengthen economic and strategic ties amid rising regional geopolitical and trade tensions.”

Excerpt from Bloomberg: “Oil extended its biggest weekly drop since April 2020 as diplomatic efforts to end the war in the Middle East continued despite fresh attacks in the region.”

Excerpt from Bloomberg: “US stocks started Monday on a more solid footing following the S&P 500’s worst week since April 2025, as oil prices fell and dip-buyers picked up beaten-down shares despite a sharp drop in Nvidia Corp.”

Excerpt from Bloomberg: “Former Israeli general Gadi Eisenkot faces a daunting political test as he tries to cobble together a coalition from a divided opposition while luring allies away from Benjamin Netanyahu, a master political tactician who remains a formidable force.”

Excerpt from Bloomberg: “Nvidia Corp.’s investigation into Chief Executive Officer Jensen Huang’s affair with an alleged Chinese spy raises a series of once-unthinkable questions, including whether the man at the center of the AI boom is at risk of losing his job.”

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