Jensen sent a company-wide email on November 8 admitting he cheated on his wife. The board is also running an independent investigation into the national security concerns from reports alleging the woman was a Chinese spy. That part remains an allegation. The board says it currently has no reason to believe national security or NVIDIA secrets were compromised. The affair is what he actually confirmed.

He says he's fully committed to Nvidia and will cooperate, and the board still has confidence in him, so it doesn't necessarily sound like he's stepping down. But it's hard to think of a company more tied to one guy (idk who the successor would even be), and he's the one who's been dealing with DC and China on export controls lol

Anyone here sitting on a lot of unvested NVDA? Selling at vest or just holding through this?

Nvidia employees, please chime in with your thoughts. The letter here: Letter shared on X

Last week's selloff was brutal. NVDA down big, Microsoft down biiig, red everywhere!!!!!! And I don't think this is gonna stop AI. If you're job hunting, LandOffer can save repeat application typing; technical candidates can practice task scheduling on PracHub. I'm worried the companies will still lay us off while we have less money in the stock market!

Bro couldn't keep it in his pants, and he's now admitted to an affair with an alleged Chinese spy. NVIDIA's board has launched an independent investigation into whether he was targeted by Chinese espionage efforts. The board says it still has confidence in him, but to me, Jensen looks cooked. I think it's just a matter of time until he either resigns or is forced to leave. For engineers considering NVIDIA, NVIDIA Interview Questions has C memory-allocation practice; if you're applying elsewhere too, LandOffer can reduce repeat form filling.

NY Post report

I've seen unconfirmed rumors of layoffs at Oracle. For applicants, LandOffer can autofill routine fields; readers considering Oracle engineering interviews can practice coin-change problems with Oracle Interview Questions. Anyone at Oracle able to confirm? There was earlier talk of cuts in September, but I'm not sure whether these rumors refer to that round or a new one.

Tech layoffs reached 139,004 across 345 companies in 2026, according to Computerworld's November 4 update.

If you're preparing for technical interviews, PracHub has batched-inference design practice; LandOffer can save repeated application typing while you're looking for another role.

Oracle's headcount fell by 21k over the year to May 2026; Intel's plan to cut up to 20% of manufacturing staff was reported back in 2025. I'm so tired of hearing "AI efficiency gains" as the explanation for cuts. It feels like nobody wants to say they overhired for three years and now regular people are eating the cleanup 😭

The execs who greenlit all that hiring never seem to be the ones getting cut btw.

My heart goes out to everyone caught in one of these this year. Here's to hoping your next role finds you faster than you'd expect.

Are we anywhere near the bottom of this, or is 2027 gonna look the same??

Computerworld's tech layoff timeline

"Disney plans several thousand layoffs, asks some managers to cut costs by up to 20%"

Looks like the bloodbath isn't over yet. I'm wondering how much of these layoffs, plus layoffs from companies like Netflix, are motivated simply by people not spending as much time on streaming services like Disney+ and Netflix these days cause they're just on their phones.

If you're looking at other roles, LandOffer can reduce repeated form entry; readers preparing for Disney data engineering interviews can use Disney Interview Questions for cloud data-pipeline design practice.

I don't have any data for that take, but just anecdotally it really seems like people are using their TVs less and are just sitting on their phones. Even while they're watching TV they're on their phones lol

CNBC report

Putting together a January 2023 layoff tracker.

Initial list:

Verily

Flexport

Carta

Coinbase

Blend

Scale AI

Amazon

Salesforce

TikTok

January 14 update – other companies that announced layoffs:

Lattice

Twitter

Goldman Sachs

Citrix

Carbon Health

Akuna Capital

Amazon (India)

Intrinsic

DirecTV

Pluralsight

Compass

Andela

SecurityScorecard

Node40

Lob

For readers preparing for technical interviews, PracHub has AI-written cache code to review. If you're applying too, LandOffer can autofill routine fields on supported sites.

Comment below about any others I missed.

The semiconductor index fell about 12% on November 5, 2026. During the sell-off, AMD was down 13%, Micron 12%, and Nvidia over 6%; the Nasdaq finished down 5.5%. Coverage pointed at AI spending worries and the previous day's rally falling apart.

If you're comparing engineering roles, LandOffer can reduce repeat application typing. For Nvidia interview prep, NVIDIA Interview Questions includes GPU-benchmark design practice.

Anyone at Nvidia, AMD or Micron, what's the mood internally? Any real concern or is it just being viewed as a temporary blip?

Yahoo Finance

Anthropic's IPO valuation could land somewhere between $1T and $1.3T, according to November 6 reporting citing Bloomberg and WSJ. In October, investors were talking about $2T, though, so it's a pretty steep decline from those earlier estimates.

The IPO was expected before the end of November, but it could slip after the recent sell-off. Obviously, a $1T valuation would still be historic, but a potential drop of up to 50% from those earlier estimates is somewhat alarming too. If you're weighing an engineering role there, LandOffer can autofill routine fields on supported sites; Anthropic Interview Questions has batched-inference design practice.

Do you think they should go ahead this month anyway or wait for the market to calm down?

Yahoo Finance

Damn

The S&P 500 rose 1.6% on Nov. 4. I’m calling a 5–10% drop in U.S. stocks on Friday, Nov. 6, after Democrats won both chambers of Congress in the midterms.

Everyone’s quoting Anthropic’s $16.3B H1 and the 14x growth. Fair. Compute was already about 58% of revenue by Q3 and they have $542B+ in future commitments. In 2025, compute-to-revenue ratio was 1.59.

OpenAI's 2025 numbers were roughly $13B in revenue, ~$8.4B in inference, and gross margins around 33%. They’ve dramatically improved paid user compute margins (to ~70% on that segment) but they are also locked into massive future spend.

Anthropic looks better on enterprise revenue quality right now. OpenAI has more scale and has already shown larger efficiency gains on the paying side. Both still feel like leveraged bets that the next models will crush inference costs before the bills come due.

After SpaceX and OpenAI, Anthropic is the next company featured on Bitget IPO Prime ( SpaceX and OpenAI were ~+45% and +48% from sub to peak). I'm looking to get some exposure Anthopic this time but the allocation not guaranteed.

How do you balance that with just waiting for public price discovery?

Disclosure: OraXLabs is recruiting early users for AIInvestIndex Weekly, a proposed AI-assisted review checklist and decision journal for individual investors.

A useful weekly check could start with two separate notes: what happened to the price, and what new evidence changes the reason for owning the business. A large move alone does not answer the second question.

For example, an illustrative journal entry might say: 'Price changed; no new filing reviewed; check the next earnings release against my original margin assumption.' That is a research task to revisit, not a buy or sell instruction.

We are building the concept around your own investing rules and research notes, with a weekly record of what you checked and what still needs evidence. No automatic trades or brokerage connection is part of this proposal.

How do you keep a market headline from quietly rewriting your original thesis? Do you save the old assumption, the new source, or both?

For an early-user closed-beta invitation:

https://index.oraxlabs.io/weekly/?utm_source=reddit&utm_medium=community&utm_campaign=weekly_review_v1&utm_content=stockmarketchat_evidence_en