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Summit Therapeutics, Inc. is a biopharmaceutical company, that focuses on the discovery, development, and commercialization of patient, physician, caregiver, and societal-friendly medicinal therapies intended to improve quality of life, increase potential duration of life, and resolve serious unmet medical needs. The firm conducts clinical programs focusing on Clostridioides Difficile Infection (CDI). Its lead product, Ridinilazole, is an orally administered small molecule antibiotic that is in Phase III clinical trials for the treatment of CDI. The company was founded in 2003 and is headquartered in Miami, FL.

Summit Therapeutics Inc

Summits shares are under pressure after the FDA issued a Complete Response Letter for ivonescimab, saying the application lacked a statistically significant overall-survival benefit. Traders debate whether the strong progression-free-survival results and improving survival trend support the drugs longer-term prospects, while others see the decision as a major setback because the FDA had identified overall survival as a requirement.

Bitcoin (BTC) is a cryptocurrency launched in 2010. Users are able to generate BTC through the process of mining. Bitcoin has a current supply of 20,112,050. The last known price of Bitcoin is 63,437.21016941 USD and is down -7.02 over the last 24 hours. It is currently trading on 12780 active market(s) with $45,086,253,428.50 traded over the last 24 hours. More information can be found at https://bitcoin.org/.

Bitcoin

Bitcoins sharp selloff and volatile rebound from recent support dominate the discussion, with traders debating whether the bounce marks a bottom or is only a pause before further losses. Many point to oversold conditions and leveraged liquidations, while others warn that selling pressure could continue.

L3Harris Technologies, Inc. engages in the provision of defense and commercial technologies across the air, land, sea, space, and cyber domains. It operates through the following segments: Communication Systems, Integrated Mission Systems, Space and Airborne Systems, and Aerojet Rocketdyne. The Communication Systems segment enables warfighters across all domains with solutions critical to mission success even in the most contested environments. The Integrated Mission Systems segment focuses on the differentiated mission capabilities and prime systems integration for the air, land, and sea domains. The Space and Airborne Systems segment provides full mission solutions as a prime and subsystem integrator in the space, airborne, and cyber domains. The Aerojet Rocketdyne segment includes propulsion, power and armament products and systems to U.S. government, including the DoD, National Aeronautics and Space Administration (“NASA”) and major aerospace and defense prime contractors. The company was founded in 1890 and is headquartered in Melbourne, FL.

L3Harris Technologies Inc

A nationwide FAA communications outage is drawing scrutiny to L3Harris after officials said a company-managed router may have overwhelmed the system; investigators have not determined whether equipment defects or installation errors caused the failure, and cyberattack claims remain speculation. Traders debate whether L3Harris is being unfairly blamed or could face consequences, with bearish calls and short interest talk countered by dip-buying interest.

Algorand (ALGO) is a cryptocurrency launched in 2019. Algorand has a current supply of 10,000,000,000 with 9,079,921,637.950731 in circulation. The last known price of Algorand is 0.07697008 USD and is down -9.60 over the last 24 hours. It is currently trading on 586 active market(s) with $68,192,697.70 traded over the last 24 hours. More information can be found at http://algorand.foundation.

Algorand

Algorands steep decline toward long-term lows and a weak bounce have fueled debate over whether support is forming or the selloff will continue. Bulls point to a possible double-bottom retest and are accumulating, while bears warn that resistance and weak momentum could lead to further losses.

Praxis Precision Medicines, Inc. is a clinical-stage biopharmaceutical company, which engages in the genetic epilepsies into the development of therapies for central nervous system, or CNS, disorders characterized by neuronal excitation-inhibition imbalance. It focuses on two proprietary platforms: Cerebrum and Solidus. The Cerebrum platform utilizes a deep understanding of neuronal excitability and neuronal networks and applies a series of computational and experimental tools to develop orally available precision therapies. The Solidus platform consists of antisense oligonucleotide, or ASO. The company was founded by Kiran Reddy, David Goldstein, and Steven Petrou on September 22, 2015 and is headquartered in Boston, MA.

Praxis Precision Medicines Inc

Praxiss Investor Day and launch preparations for ulixacaltamide in essential tremor and relutrigine in developmental epileptic encephalopathies are driving discussion, alongside upcoming FDA decisions and expected EMERALD trial results. Traders are enthusiastic about the drugs commercial potential, while some debate approval timing, pricing and how quickly launches could gain traction.

Delta Air Lines, Inc. engages in the provision of scheduled air transportation for passengers and cargo. It operates through the Airline and Refinery segments. The Airline segment provides scheduled air transportation for passengers and cargo. The Refinery segment provides jet fuel to the airline segment. The company was founded by Collett Everman Woolman in 1928 and is headquartered in Atlanta, GA.

Delta Air Lines, Inc.

A nationwide FAA ground stop caused by an air-traffic-control communications outage is weighing on Delta and other airline stocks, with ongoing delays and cancellations raising concern about operational and earnings impacts. Traders are divided between expecting further pressure and viewing the disruption as temporary now that the ground stop has been lifted; claims of deliberate or cyber-related causes remain speculation.

Dogecoin (DOGE) is a cryptocurrency . Users are able to generate DOGE through the process of mining. Dogecoin has a current supply of 156,752,062,860.16806072. The last known price of Dogecoin is 0.05689686 USD and is down -11.89 over the last 24 hours. It is currently trading on 1545 active market(s) with $1,128,721,930.78 traded over the last 24 hours. More information can be found at http://dogecoin.com/.

Dogecoin

Dogecoin is drawing attention amid a broad crypto selloff, with traders focused on its steep decline, broken support, and lows not seen in years. The community is split between buying the dip and expecting more downside, with some pointing to Bitcoins weakness as broader market context.

Worldcoin (WLD) is a cryptocurrency launched in 2023and operates on the Ethereum platform. Worldcoin has a current supply of 10,000,000,000 with 3,785,317,463.598902 in circulation. The last known price of Worldcoin is 0.25340812 USD and is down -14.02 over the last 24 hours. It is currently trading on 594 active market(s) with $288,215,183.49 traded over the last 24 hours. More information can be found at https://worldcoin.org/.

Worldcoin

Worldcoins volatile rebound is being linked by traders to OpenAIs reported confidential IPO filing and the broader proof-of-humanity narrative as AI agents proliferate. Others caution that WLD is not OpenAI equity and view the IPO connection as speculative, while some point to Arthur Hayess reported selling as a bearish signal.

ProShares Trust II - ProShares UltraShort Bloomberg Crude Oil -2x Shares

ProShares UltraShort Bloomberg Crude Oil

Traders are using SCO, a leveraged inverse-crude ETF, to wager on oils direction amid Iran- and Strait of Hormuz-related supply disruptions and shifting expectations for de-escalation or restored flows. Views are divided between a potential oil decline and further supply-driven gains, while many holders complain that futures-curve effects and daily-reset decay have made SCOs performance fall short of their expectations.

Candel Therapeutics, Inc. is a clinical stage biotechnology company, which engages in the development and commercialization of viral immunotherapies. Its pipeline includes CAN-2409 and CAN-3110. The company was founded by Estuardo Aguilar-Cordova in 2002 and is headquartered in Needham, MA.

Candel Therapeutics Inc

Candel pushed its planned prostate-cancer BLA filing for aglatimagene to mid-2027 amid FDA discussions and assay refinement, prompting a sharp selloff; a new at-the-market share-sale facility adds dilution concerns. Some investors view the delay as a CMC hurdle that does not undermine the Phase 3 results, while others question managements execution and transparency and worry about prolonged cash burn.

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Elon Musk, Trump, Kress, Nvidia’s Board On Jensen Huang’s Exit: Mag 7 Voices This Week

SMH is drawing attention as Nvidias abrupt CEO departure weighs on the ETFs large Nvidia exposure, amid wider concerns about the sustainability of AI-related chip spending and data-center investment. Traders debate whether the selloff signals deeper weakness across semiconductors or is an overreaction to Nvidia-specific uncertainty, with some looking for a rebound in the broader chip basket.

Equity

This week, Nvidia's Jensen Huang resigned as president, CEO, and a board member, just four days after the board publicly expressed confidence in his leadership.


S&P 500, Dow, Nasdaq End Lower Amid Nvidia Turmoil, But Record Best Week Since August —  SPCX, NVDA, ARM, AZN In Focus

Nvidia saw its worst week since April last year after Jensen Huang stepped down as CEO, and its board is looking for candidates. 

Amodei Highlights Computing Power, Capex Dilemma Ahead Of Anthropic IPO

Dario Amodei warns that managing massive computing power and infrastructure spending is the company's deepest business challenge, in a fireside chat with JPMorgan chief Jamie Dimon.


Nvidia Board Reportedly Approached Arm CEO Rene Haas To Succeed Jensen Huang As Top Execs Threaten To Quit, Join SpaceX Terafab 

Haas is among multiple candidates being evaluated for Huang’s position, FT reported. 


Tom Lee Says Jensen Huang's Return Would Be ‘Shocking’: Trump Reportedly Urged Him To Fight For His Job

Fundstrat’s Tom Lee listed “China hawks,” frontier labs, Nvidia competitors, “anti-AI people,” and short sellers among the groups that could potentially want Huang removed.


AMAT Stock Gets Slew Of Price Target Cuts Even After Beat-And-Raise Quarter: Morningstar Calls AI Worries ‘Overblown’

At least 10 firms cut their price targets on Applied Materials on Friday after the fiscal fourth-quarter report, according to TheFly.


Nvidia Fallout Widens: Commerce Secretary Lutnick To Appear Voluntarily Before Senate, Huang Agrees To Testify Before Thanksgiving 

According to CNBC, Commerce Secretary Howard Lutnick has agreed to appear voluntarily before the Senate Banking Committee on December 10 to discuss his department’s oversight of Nvidia’s chip exports to China.

Nvidia CEO Jensen Huang’s Exit Raises AI Financing Risks, Says Ed Yardeni — Sees Selloff As Buying Opportunity

The Yardeni Research President said Washington could tighten chip export controls and close loopholes that let Chinese companies remotely access Nvidia-powered computing capacity.


Michael Burry Says Nvidia’s ‘Avalanche’ Of AI Chips Is The Real Story — Here’s What Investors Should Watch

“The real story is that the AI Bubble started to come apart for real this year,” Burry said, pointing to his analyses in the past year.


S&P 500, Dow, Nasdaq Futures Recover After Markets End Lower On Jensen Huang’s Exit, Oil Price Pressure  —  CRWV, CBRS, NVDA, TSLA In Focus

Nvidia’s CEO Jensen Huang ousted; CFO Colette Kress named interim chief executive officer. 


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<ul class="summary-bullets"><li>Elon Musk said it would be an honor to have Huang at Tesla or SpaceX, but made no formal offer or specified a potential role.</li><li>President Donald Trump praised Huang and suggested former Apple CEO Tim Cook could replace him.</li><li>Trump also stated that the FBI was investigating Huang’s relationship involving the woman allegedly suspected of being a Chinese spy.</li></ul>At the start of the week, Nvidia’s (NVDA) board publicly expressed “absolute confidence in Jensen and his leadership team.” Four days later, CEO Jensen Huang had resigned, effective immediately, leaving the company facing an unexpected leadership transition just days before its next earnings report.Nvidia said Huang&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/nvidia-s-jensen-huang-resigns-as-ceo-cfo-colette-kress-to-step-in/cNGzUFDR9aS">stepped down</a> as president, CEO, and board member. Chief Financial Officer Colette Kress will serve as interim CEO while the board searches for a permanent replacement. The company is scheduled to report third-quarter results next Tuesday.The abrupt departure prompted reactions from across the board, including Tesla (TSLA) and SpaceX (SPCX) CEO Elon Musk and President Donald Trump. Their comments ranged from Musk suggesting it would be an honor to bring Huang to his companies to Trump publicly floating former Apple CEO Tim Cook as a possible successor.<h2 class="st-heading-2">Nvidia’s Board: From ‘Confidence In Jensen’ To ‘Immeasurable Contributions’</h2><blockquote>“The Board has confidence in Jensen and his leadership team.”– Nvidia Board Statement (November 8, 2026)</blockquote>Nvidia’s board issued the above statement on Sunday while announcing an independent investigation into reports that Huang had been targeted by a foreign intelligence effort. It also said it had “no reason to believe” that national security or Nvidia’s confidential information had been compromised.<blockquote>“Immeasurable contributions to the company and the industry.”– Nvidia Board Statement (November 12, 2026)</blockquote>Four days later, the board’s tone had shifted. Its announcement of Huang’s departure thanked him for his “immeasurable contributions to the company and the industry,” but offered no reason for his resignation and included no statement from Huang.According to the company’s SEC filing, the board accepted Huang’s resignation on Nov. 11. Kress will retain her CFO responsibilities while serving as interim CEO. The board said it will consider both internal and external candidates in its search for a permanent chief executive.This week,&nbsp;<a href="https://stocktwits.com/symbol/NVDA">NVDA stock</a> logged its longest weekly losing streak since 2012, with its market capitalization sinking by over $1.6 trillion. On Stocktwits, retail sentiment around Nvidia trended in the ‘extremely bullish’ territory over the past week, with chatter rising to ‘extremely high’ from ‘high’ levels. Platform data showed an uptick of nearly 400% in message volume over the last seven days.<figure class="image"><img src="https://news.stocktwits-cdn.com/Screenshot_2026_11_13_060402_b639b4b013.png" alt="Screenshot 2026-11-13 060402.png" width="1272" height="686"><figcaption>NVDA stock retail sentiment in the week on November 9. | Source: Stocktwits</figcaption></figure><h2 class="st-heading-2">Colette Kress, Harvey Jones: ‘The Extraordinary Foundation Jensen Created’</h2><blockquote>“The Board has full confidence in Colette and the leadership team.”Harvey Jones, board chair, Nvidia</blockquote>Kress struck a continuity-focused tone in her statement, emphasizing the foundation Huang had built during his 33 years at the company.&nbsp;The board also expressed confidence in Kress and the existing leadership team, signaling that it does not expect the change at the top to disrupt the company's day-to-day operations or longer-term plans.<blockquote>“Committed to building on the extraordinary foundation Jensen created over the last 33 years.”– Colette Kress, interim CEO and CFO, Nvidia</blockquote>The board also announced Harvey Jones, former CEO of Synopsys, as the first chair in Nvidia’s history. He has served on the board since 1993. Jones said the company expects its operations, customer commitments and product roadmap to continue without interruption.<h2 class="st-heading-2">Jensen Huang: An Apology And A Phone Call</h2><blockquote>“I owe my family and all of you an apology.”– Jensen Huang, in a message to Nvidia employees (Nov. 8, 2026)</blockquote>Huang’s message to employees on Sunday set the stage for the events that followed. In it, he acknowledged being unfaithful to his wife, without identifying the woman involved.Reports linked the relationship to Alice Huang, a former executive at Nvidia customer Megaspeed. U.S. intelligence reportedly suspects her of working for China. Alice Huang is not related to Jensen Huang, and the reports did not allege that he knowingly assisted Chinese intelligence.The New York Times later&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/nvda-stock-hit-lowest-level-in-a-year-dan-ives-values-nvidia-at-225-without-jensen-huang/cNGzMuWR9aO">reported</a> a second relationship involving an Nvidia employee who reported to Huang. By Thursday afternoon, Reuters reported that a third alleged relationship with another employee may also be under scrutiny.Huang had not made a public statement after the board announced his resignation.<h2 class="st-heading-2">ElonMusk Thinks It Would ‘Be An Honor’ To Have Huang At SpaceX, Tesla</h2><blockquote>“That would be an honor.”– Elon Musk, CEO, Tesla and SpaceX</blockquote>Musk made the above comment in response to a post by ZeroHedge, which said, “Elon please hire Jensen.” He replied roughly two hours later, around the time Nvidia’s board was reportedly in a meeting deciding Huang’s fate.&nbsp;Musk did not specify what role Huang might take at either company, and his response did not amount to a formal job offer.SpaceX has committed to a $40-billion lease of Nvidia equipment, adding another dimension to the relationship between the companies.On Stocktwits, retail sentiment around&nbsp;<a href="https://stocktwits.com/symbol/TSLA">TSLA stock</a> flipped to ‘bullish’ from ‘extremely bearish’ over the past week, while sentiment around&nbsp;<a href="https://stocktwits.com/symbol/SPCX">SPCX stock</a> dipped to ‘neutral’ from the ‘bullish’ zone.<figure class="image"><img src="https://news.stocktwits-cdn.com/Screenshot_2026_11_13_060353_d408b147de.png" alt="Screenshot 2026-11-13 060353.png" width="1256" height="678"><figcaption>TSLA stock retail sentiment in the week on November 9. | Source: Stocktwits</figcaption></figure><h2 class="st-heading-2">Donald Trump Wants Tim Cook To Take Over For Huang</h2><blockquote>“I really believe him.”– President Donald Trump, on his Monday call with Huang</blockquote>Trump said he had spoken with Huang on the phone and that the Nvidia CEO told him he had no idea the woman in question was a spy.Following Huang’s resignation, Trump took to Truth Social and suggested that former Apple CEO Tim Cook should replace him.<blockquote>“A Legend replaces a Legend!”– President Donald Trump, on Truth Social</blockquote>Trump wrote that “there is only one man to take his place,” naming Cook, who stepped down as Apple’s CEO in September and now serves as executive chairman.“It would be a betrayal of Apple or seen as such,” said CNBC’s John Fortt, citing why Cook stepping in for Huang may not work. “I've talked to Jensen about Apple a few times over the years, and I always got kind of a chilly reception to any comparison between Nvidia and Apple,” he added, stating that Apple and Nvidia's cultures are “not compatible.”<blockquote>“That’s so sad to see that happen.”– &nbsp;President Donald Trump</blockquote>Trump also described the situation as a “horrible thing,” CBS reported. Earlier in the week, he said the FBI was investigating the relationship between Huang and the woman allegedly suspected of being a Chinese spy.While Musk and Trump weighed in publicly on Huang’s departure, other major technology leaders have so far remained silent. Amazon (AMZN) CEO Andy Jassy and the heads of the other Magnificent Seven companies had not publicly commented on the Nvidia leadership shake-up at the time of writing.Read also:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/tom-lee-jensen-huang-exit-no-impact-on-tech-amd-avgo-stocks-lead-chip-rally/cNGCcGiR9aH">Tom Lee Says Jensen Huang Exit Doesn’t Change His Bullish Tech Outlook: AVGO, AMD Stocks Lead Chip Rally</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

Tesla CEO Elon Musk (L) talks with Nvidia CEO Jensen Huang during the U.S.-Saudi Investment Forum at the Kennedy Center on November 19, 2025 in Washington, DC. (Photo by Win McNamee/Getty Images)

At the start of the week, Nvidia’s (NVDA) board publicly expressed “absolute confidence in Jensen and his leadership team.” Four days later, CEO Jensen Huang had resigned, effective immediately, leaving the company facing an unexpected leadership transiti

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Too early to tell

Semiconductor stocks have been under significant selling pressure in recent weeks, leaving retail investors debating whether the worst is over or if more downside lies ahead. Cast your vote and let us know your reasoning in the comments.

Is the pullback in semiconductor stocks over? 
 
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The semiconductor sector is gripped by scandal and market instability following the sudden exit of the long-time AI leader.

Massive subscription demand for the upcoming hardware-heavy IPO is shifting focus toward the next phase of AI infrastructure plays.

Persistent skepticism regarding circular financing and capital expenditure risks has bears warning of a potential sector-wide capitulation.

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