Jensen Huang News Dominates Morning Headlines

Monday, November 9th, 2026

Pre-market futures are up to start a new trading week, still filling in the crater left by last week’s big selloff — the worst trading week in around 18 months — and the ebb-and-flow lower from early October highs. The Dow is +620 points, the Nasdaq +229 and the S&P 500 is +62 points at this hour. The small-cap Russell 2000 is +39 points.

Cooling rhetoric on the U.S.’s sabre-rattling versus Iran is helping spot oil prices pull back further: $87 per barrel (/bbl) on WTI and $93/bbl on Brent crude — well off early April highs that saw WTI climb to nearly $113/bbl. Bond yields are also relatively subdued: the 10-year is currently sitting at +4.84%, the 2-year is +4.52% nd the 30-year +5.42%.

News headlines are being dominated this morning by NVIDIA NVDA CEO Jensen Huang reportedly having engaged in a year-long affair with an alleged Chinese spy. Shares of the world’s largest corporation by market cap are down -6% on the news. A public apology from Huang has already been made, and the company has opened an internal investigation. We expect hearings in U.S. Congress on this matter, as well.
 

Energy Companies Up on Earnings Reports: NRG, CEG

Natural-gas supplier NRG Energy NRG shares are up +7% this morning, following huge Q3 beats on its report out before this morning’s opening bell. Earnings came in at $4.63 per share, a +36% positive surprise, and the company announced it is selling six natural gas plants for $4 billion. Revenues of $9.47 billion in the quarter came in a whopping +40.6% ahead of estimates. 

Constellation Energy CEG, the top nuclear power producer in the U.S., posted Q3 earnings of $5.06 per share this morning, ahead of the $3.90 in the Zacks consensus by +29.7%. Revenues of $9.55 billion outpaced estimates by almost a full billion dollars, +45% year over year. This is the fourth-straight quarterly beat for the company, and shares are up +2.8% on the news.
 

What to Expect from the Stock Market Today & This Week

After today’s open, we’ll hear from Fed Presidents Austan Goolsbee (Chicago) and Tom Barkin (Richmond, VA) on their outlook for future monetary policy. Also, Monthly Wholesale Trade numbers for September are expected. A month ago, this metric gained +0.5% on headline.

After the close today, we’ll see more earnings results — including from two Zacks Rank #2 (Buy)-rated companies: The Trade Desk TTD and Grand Theft Auto maker Take-Two Interactive Software TTWO look to outperform their expected quarterly losses on both top and bottom lines. Groupon GRPN, a Zacks Rank #3 (Hold) stock, is expected to post strong earnings growth for its quarter.

Later this week, key Inflation Reads hit the tape, including the October Consumer Price Index (CPI) on Tuesday and Producer Price Index (PPI) on Friday. These will illustrate where the economy stands on both retail inflation and wholesale inflation, respectively. Last month, headline CPI reached +3.7% while PPI was +6.3% — both far ahead of the optimal inflation rate of +2%, according to the Fed.

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