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Bank of America drops Nvidia from top US investment ideas amid CEO controversy and security concerns

Market News
10 Nov 2026, 15:35 WIB
Finbold
View Source
Bearish
Bank of America drops Nvidia from top US investment ideas amid CEO controversy and security concerns

Bank of America has removed Nvidia from its US 1 list of top investment ideas due to growing concerns around CEO Jensen Huang's personal scandal and national security issues. Huang admitted to an extramarital affair linked to a former executive suspected of Chinese intelligence ties, prompting an independent investigation. Despite this, BofA kept a 'Buy' rating on Nvidia, reflecting confidence in the company's fundamentals amid broader worries about AI spending and market volatility. Nvidia's shares fell over 4%, wiping out about $190 billion in market value, while the company reported strong revenue growth of 83.4% year-over-year.

Nvidia trades at USD 175.59 on Pluang as of Nov 10, 2026 20:51 WIB, down 1.72% for the day. The stock's market cap stands at $4.31 trillion with a typical hold time of 118 days. Pluang order activity shows a balanced interest with 45% selling and 55% buying.

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