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Nvidia dips after CEO resignation; AI IPOs and oil flow stabilize markets with potential gains into 2027

Market News
13 Nov 2026, 15:52 WIB
Seeking Alpha
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Neutral
Nvidia dips after CEO resignation; AI IPOs and oil flow stabilize markets with potential gains into 2027

Nvidia's stock fell after CEO Jensen Huang resigned, but recovered some losses by the day's end. Meanwhile, strong demand for Anthropic's IPO signals ongoing enthusiasm for AI investments. Stable Middle East oil production near 24 million barrels per day is expected to keep oil prices from spiking, with WTI crude potentially near $70 if regional conflicts ease. Market volatility is seen as a rotation in leadership rather than a downturn, with lower energy prices and yields possibly supporting broader market gains into 2027.

Following the leadership change at Nvidia, the stock has shown resilience rather than a sharp decline. On Pluang, Nvidia shares trade at USD 169.65 with a positive 1-day change of 2.08% as of Nov 13, 2026 20:42 WIB. Investor interest remains strong, reflected in an 84% buy order activity and a market cap of $4.01 trillion, indicating confidence despite recent volatility.

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