FiveMinute Daily FiveMinute Daily | Fri, Nov 13 |
8 items · about 3 min
Markets · Economy & rates · Taiwan stocks & chips · AI & tech · Podcast picks · What's next
1 The US 2-year Treasury yield jumped to 4.74% on Nov 10, its biggest rise since April 2025. Source →
2 Jensen Huang owns only 3.4% of Nvidia, so the board could replace him fairly easily. Source →
3 Bloomberg reports Megaspeed imported about 136,000 Nvidia GPUs, and most are unaccounted for. Source →
Markets
| Indicator | Latest | vs prior day | vs year ago |
| S&P 500 | 7,619 | ▲1.3% | ▲11.3% |
| Nasdaq | 25,466 | ▲1.6% | ▲8.5% |
| US 10-year Treasury yield | 4.98% | ▲0.10 | ▲0.85 |
| VIX (fear gauge) | 17.5 | ▼10.1% | ▲1.2% |
| Brent oil (US$) | 107.0 | ▼0.3% | ▲62.7% |
| US$ in Taiwan dollars (NT$) | 32.85 | ▼0.3% | ▲6.2% |
| Australian dollar in US$ | 0.6875 | ▼1.2% | ▲6.3% |
▲ green is up, ▼ red is down. Direction only, not good or bad. Yield changes are in percentage points (4.86% → 4.88% is ▲0.02). A higher US$ in NT$ means a weaker Taiwan dollar.
Source: FRED closing values, often 1–2 trading days behind. Data dates: S&P 500, Nasdaq, VIX (fear gauge) Nov 11; US 10-year Treasury yield Nov 10; Brent oil (US$) Nov 3; US$ in Taiwan dollars (NT$), Australian dollar in US$ Nov 6.
Source: FRED closing values, often 1–2 trading days behind. Data dates: S&P 500, Nasdaq, VIX (fear gauge) Nov 11; US 10-year Treasury yield Nov 10; Brent oil (US$) Nov 3; US$ in Taiwan dollars (NT$), Australian dollar in US$ Nov 6.
Economy & rates
News｜Bloomberg (via swissinfo)｜3-min read
Hot inflation sends short-term US bond yields sharply higher →US consumer prices (CPI) released Nov 10 came in strong, and markets bet more on a Fed rate hike in December. The 2-year Treasury yield rose to 4.74%, and US stocks slipped 0.4%.
Worth clicking? It quotes Fed Governor Waller saying December may need a half-point hike.
Taiwan stocks & chips
News｜NOWnews (in Chinese)｜4-min read
Only a few thousand of 136,000 Nvidia GPUs found →Bloomberg reports Megaspeed, the company in the Huang scandal, imported about 136,000 Nvidia GPUs, but audits found only thousands of the newest chips. The US Commerce probe has reportedly gone to the Justice Department.
Worth clicking? It lays out how Huang's story changed within 10 days.
AI & tech
News｜TechNews (in Chinese)｜5-min read
Nvidia has no successor, and Huang owns just 3.4% →Nvidia's board is investigating Jensen Huang. He owns only 3.4%, and there are no special voting shares, so replacing him would not be hard. The stock fell 4.3% on Nov 9.
Worth clicking? It names five executives who could take over, plus prediction-market odds.
Podcast picks
Podcast｜Odd Lots｜54 min｜from show notes
A Bloomberg reporter unpacks Megaspeed, the company at the heart of the Nvidia scandal →Megaspeed, the Singapore cloud company in the Jensen Huang story, is one of Nvidia's big customers. Bloomberg tech reporter Mackenzie Hawkins shares what she has found.
Worth clicking? The fastest way to see how the scandal ties into chip export rules.
Podcast｜TBPN｜31 min｜from show notes
An analyst on how the AI industry changes if Jensen Huang leaves →The show notes say Huang has stepped down; we could not confirm this in the news. Dylan Patel of SemiAnalysis talks about who could take over, how Chinese AI labs see it, and whether chip export limits get tighter.
Worth clicking? Just 31 minutes, all of it the full Patel interview.
Podcast｜20VC｜67 min｜from show notes
Nasdaq loses US$2.5 trillion in a day, and VCs argue about Nvidia →The week in tech in one episode: Nvidia's board investigates Jensen Huang, the Nasdaq 100 loses US$2.5 trillion in a day, and Anthropic's IPO valuation target.
Worth clicking? Has timestamps: Nvidia from 14:46, Anthropic from 24:13.
Podcast｜M View (in Chinese)｜75 min｜from show notes
The Jensen Huang scandal and Anthropic's IPO, discussed in Chinese →Three topics: the red alert around Jensen Huang, the latest on Anthropic's IPO, and what Musk's Grok bot costs.
Worth clicking? In Chinese; the first topic starts at 07:31.
Podcast｜a16z｜46 min｜from show notes
AI lets anyone make games, so studios can take more risks →Two a16z partners talk about AI that draws art, writes code and runs game engines. Cheaper development could let studios take more creative risks.
Worth clicking? A lighter episode with nothing about Huang: AI in practice.
What's next
Tue Nov 17 Nvidia earnings: besides the numbers, watch what management says about the investigation. News source →
Wed Nov 18 Republican members of the US House have asked Huang to attend a closed-door briefing. News source →
Thu Nov 19, 8:30 AM Taipei time Australia October jobs: unemployment was 4.7% in September; will it rise again? ABS calendar →
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For information only, not investment advice. Summaries are based on each source; check the original for details. Past issues