0:00 Democratic nominee Scott Colom has won Mississippi's Senate race, unseating Republican incumbent Cindy Hyde-Smith in a seat Democrats haven't held since nineteen eighty-two.0:09 In our last episode, we tracked the shift from Congress to Wall Street; overnight, both lines broke into open movement.0:16 Look, the political map just tilted, but the immediate shockwave is hitting the trading floor.0:21 Nvidia shares dropped over six percent in extended trading after reports surfaced that the board is weighing the removal of co-founder and chief executive Jensen Huang.0:31 That turmoil dragged Nasdaq one hundred futures down nearly one percent.0:35 Now, here are the other verified developments you need to know.0:39 First, Senate Democrats Elizabeth Warren and Chris Coons formally demanded the Trump administration preserve all export records connected to Nvidia.0:47 That follows reports that Huang's contacts may have compromised semiconductor safeguards.0:52 Axios reports Commerce Secretary Howard Lutnick previously stalled planned crackdowns on Chinese chip diversion.0:59 Second, the fallout has spread overseas.1:01 In Hong Kong, Alibaba shares dropped more than six percent on fears that Washington will tighten access to advanced chips.1:08 Chinese artificial intelligence companies are already scrambling to rent computing capacity outside mainland borders before regulators close remote-access arrangements.1:17 Well, across Washington, the Interior Department confirmed a new directive to decrease the size of federal lands, preparing to offer parcels to states, localities, and tribal governments.1:28 In federal court, a judge rejected the British Broadcasting Corporation's motion to dismiss President Donald Trump's ten billion dollar defamation suit, clearing it to proceed to sworn depositions.1:39 And Senate investigators launched an inquiry into unreported travel gifts provided to Robert F.1:45 Kennedy Junior by a private security executive.1:47 Here's the thing.1:48 We must separate what is documented from what remains unverified.1:52 The board met late Wednesday to consider Huang's position.1:55 Reports from major outlets state directors are reviewing personal relationships, including allegations involving a contact suspected by federal officials of links to Chinese intelligence, and an undeclared relationship with a senior executive.2:09 Semafor reports chief financial officer Colette Kress is under consideration as an interim replacement.2:15 That is claimed, not confirmed.2:17 I will tell you the moment it is.2:19 What is established on the ground is the market exposure.2:22 Nvidia carries no named successor.2:24 Analysts calculate an unmanaged departure could erase up to twenty-five percent of the company's value.2:30 With October core consumer prices hitting three point seven five percent and central banks already signaling tighter money into December, the semiconductor sector was carrying the ENTIRE growth narrative.2:41 When the anchor wavers, the whole screen turns red.2:44 Okay.2:44 That is the picture from here.2:46 Back to you in the studio.
