Top story
Nvidia Shares Drop 11% Premarket as CFO Colette Kress Takes Interim CEO Role
Jensen Huang is stepping down immediately, with Chief Financial Officer Colette Kress taking over on an interim basis.
Top stories
Business
Bristol Myers Squibb Sets Unified R&D Organization for Jan. 1, 2027
Cristian Massacesi will lead the unified, end-to-end research and development organization.
Regulation
Coinbase Executive Warns Extending EU Suitability Checks Could Limit DeFi Access
The European Banking Authority listed suitability tests for crypto lending and borrowing. Applying checks to other DeFi activities is a hypothetical raised by Coinbase’s EU policy chief.
Business
Meta’s Long-Term Deals Cover Lower-Carbon Materials and Electric Freight
The package includes 25 battery-electric trucks on an I-10 route. Fortera’s cement agreement was announced Oct. 29, before Meta’s Nov. 12 package.
Investing
Crypto Liquidations Hit $31.32 Million in One Hour, Mostly Longs
The tally covered Binance, Bybit and OKX only; Ether and Bitcoin had the largest asset totals.
People
Redwire Appoints William Mahoney as Defense Tech Chief Technology Officer
Mahoney brings more than 25 years of engineering and technology leadership, including senior roles at Leidos and Northrop Grumman.
Business
Beam Global Plans Ukraine Meetings on Energy and Reconstruction
The planned talks follow earlier remote meetings in which Ukrainian officials expressed interest in decentralized energy generation and storage.
Business
Anthropic Q4 Revenue Guidance Annualizes to $77.2 Billion
Seasonality, weaker model-distillation demand and lower Claude Opus 5.5 prices shape the comparison; Anthropic's 2027 training and R&D compute spending is projected at $90 billion.
Business
SOLV Energy Raises 2026 Revenue Outlook as Q3 Revenue Jumps 65%
The power infrastructure company also lifted its adjusted EBITDA outlook; diluted GAAP earnings per share were $0.53.
Markets
InvestingCrypto Liquidations Hit $31.32 Million in One Hour, Mostly Longs
The tally covered Binance, Bybit and OKX only; Ether and Bitcoin had the largest asset totals.
Regulation
RegulationCoinbase Executive Warns Extending EU Suitability Checks Could Limit DeFi Access
The European Banking Authority listed suitability tests for crypto lending and borrowing. Applying checks to other DeFi activities is a hypothetical raised by Coinbase’s EU policy chief.
Bitcoin
InvestingCrypto Liquidations Hit $31.32 Million in One Hour, Mostly Longs
The tally covered Binance, Bybit and OKX only; Ether and Bitcoin had the largest asset totals.
Ethereum
InvestingCrypto Liquidations Hit $31.32 Million in One Hour, Mostly Longs
The tally covered Binance, Bybit and OKX only; Ether and Bitcoin had the largest asset totals.
DeFi
RegulationCoinbase Executive Warns Extending EU Suitability Checks Could Limit DeFi Access
The European Banking Authority listed suitability tests for crypto lending and borrowing. Applying checks to other DeFi activities is a hypothetical raised by Coinbase’s EU policy chief.
Stablecoins
InvestingPepe Leads Crypto Decliners With 10.88% Drop in Nov. 12 Snapshot
Seventy-five of the 89 largest cryptocurrencies, excluding stablecoins, fell over 24 hours.
AI & Tech
PeopleRedwire Appoints William Mahoney as Defense Tech Chief Technology Officer
Mahoney brings more than 25 years of engineering and technology leadership, including senior roles at Leidos and Northrop Grumman.
RWA
InvestingHuobi HTX Analyst Outlines Different Roles for Bitcoin, Gold and Treasurys
Cloud described Treasurys as a defensive allocation and gold as a credit-risk hedge; he said Bitcoin’s volatility makes macro liquidity, risk appetite and institutional flows factors to watch.
