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Elon Musk: Will sign the petition to reinstate Jensen Huang as CEO of NVIDIA

1 hours ago

Elon Musk posted that a petition to reinstate NVIDIA (NVDA.O) CEO Jensen Huang is underway, and he will sign it. BlockBeats reported yesterday that some NVIDIA employees are urging the company’s board of directors to reconsider Jensen Huang’s return to the CEO role. A long-tenured NVIDIA engineer previously posted in the company’s internal suggestion box, asking the board to fully consider employee opinions before making major decisions. The post has since received over 1,600 comments, most of which support Huang’s reinstatement. One employee commented: “If you believe in the company’s mission, let the real boss come back.” Another employee, via internal company email, demanded management disclose the investigation process of Huang’s departure, noting that supporting Huang does not mean believing no one made mistakes, but rather hoping the company will treat fairly the leader who has made significant contributions to NVIDIA’s development.

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WSJ: Meta is internally testing its prediction market application Takes, with employees using virtual reputation points to place bets.

According to a Wall Street Journal (WSJ) report, Meta employees have begun testing an in-development prediction market application tentatively named "Takes". This follows Meta’s standard internal testing process before official public product launches. Sources familiar with the matter revealed that users can predict and wager on the outcomes of various questions or events using a virtual token called "cred" (short for credibility). Unlike prediction market platforms such as Kalshi and Polymarket, Takes does not currently support real-money betting. The internal test signals that Meta is exploring a prediction market product, though the company has not yet disclosed whether or when the application will be made available to the public.

9 minutes ago

SpaceX fell more than 2% in post-market trading; Starship’s 15th test flight resulted in the booster failing to return to the launch site as planned.

SpaceX's heavy-lift launch vehicle Starship completed its 15th test flight on the afternoon of the 13th (Central Time). The mission marked the first attempt to have both the booster and spacecraft return to the launch site, with the launch tower's robotic arm set to perform a "capture" recovery, but the booster failed to return as planned. Starship lifted off from its southern Texas launch site at around 16:48 Central Time (06:48 Beijing Time on the 14th). The rocket's first and second stages separated shortly after liftoff. The Super Heavy booster failed to return to the launch site as planned and splashed down in the Gulf of Mexico in a controlled manner. SpaceX closed 0.59% lower on Friday, fell 2.05% in after-hours trading, and its dark pool was down 0.93% at $136.52.

9 minutes ago

Bitcoin fell below $68,000 again early this morning, with $1.291 billion in liquidations across the network over the past 24 hours.

According to HTX market data, Bitcoin once again dipped below $68,000 early this morning, hitting a low of $67,865. As of press time, it has rebounded to $68,274, with its 24-hour decline narrowing to 3.73%. Over the past 24 hours, total network liquidations hit $1.291 billion, including $1.078 billion in long positions and $213 million in short positions. A total of 164,145 traders were liquidated in the period, with the largest single liquidation order coming from Hyperliquid-BTC-USD, valued at $20.1535 million.

9 minutes ago

U.S. Federal Aviation Administration: Ground stop order has been canceled.

The U.S. Federal Aviation Administration (FAA) announced that the ground stop order has been lifted. According to data from flight tracking website FlightAware, more than 700 flights to and from the U.S. were canceled on Saturday. As of 7:45 PM ET, Delta Air Lines canceled 5% of its flights, United Airlines canceled 4%, and American Airlines canceled 2%. Airlines often proactively cancel flights for various reasons, including weather, maintenance issues, or crew scheduling problems.

9 minutes ago

U.S. stocks close: Nasdaq down 0.91%, Nvidia falls for six straight weeks, semiconductor sector remains under pressure.

According to data from BIT Stock Platform, U.S. stocks closed on Friday: the Dow Jones Industrial Average posted a preliminary 0.1% gain, the S&P 500 index fell 0.4%, and the Nasdaq Composite dropped 0.91%. AMD (AMD.O) fell 8.75%, Dell (DELL.N) dropped 7.24%, Coreweave (CRWV.O) declined 6.13%, SanDisk (SNDK.O) fell 5.59%, and Broadcom (AVGO.O) fell 4.76%; SK Hynix ADR (SKHY.O) fell 4.3%, NVIDIA (NVDA.O) dropped 2.01%; Meta Platforms (META.O) rose 2.9%, and Microsoft (MSFT.O) gained 0.17%.

9 minutes ago

The U.S. national ground stop order is set to be lifted soon. The order had previously weighed on U.S. stocks and aviation concept stocks.

According to Air Current, the nationwide U.S. ground stop order is set to be lifted. After the U.S. Federal Aviation Administration (FAA) issued a nationwide ground stop order to all airports Friday morning due to a special situation, S&P 500-tracking ETFs temporarily fell 0.5% in after-hours trading, while Nasdaq 100-tracking ETFs dropped 0.8% at one point. Airlines were also weighed down by the news: United Airlines declined 1.2%, JetBlue Airways fell 2.4%, and American Airlines dropped 1.7%. Conversely, cybersecurity stocks advanced: Palo Alto Networks gained 2%, Zscaler rose 1%, and CrowdStrike increased 2%. The ground stop is tied to a communications frequency failure in the air traffic control (ATC) system. U.S. Transportation Secretary Sean Duffy previously said all en route air traffic control centers were affected by the communication issues, and technicians are probing the root cause of the fault. The Federal Bureau of Investigation (FBI) has concluded that the ATC communication outage was not caused by a cyberattack or criminal act. Investigators are currently checking whether the fault is linked to a software update.

9 minutes ago

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