According to Jin10, OPEC's monthly report showed oil-producing countries significantly increasing output as geopolitical risks eased and production recovered. Investment banks expect crude oil to be entering a downward trend, but refined-product markets remain tight, potentially making a sharp, one-way drop in oil prices difficult.

Nvidia's board met late Wednesday to decide whether to oust Chief Executive Officer Jensen Huang, a source familiar with the matter told Reuters, as the world's dominant AI chip supplier confronts reports of two extramarital affairs involving its longtime leader. Nvidia did not immediately respond to a request for comment. The meeting marks a sharp reversal from Sunday, when the board expressed confidence in Huang and his leadership team. Under Nvidia's bylaws he can be removed "with or without cause" by a majority of directors. Nvidia has 11 directors and considers all but Huang independent. The stock slid more than 8% in extended trading after the Wall Street Journal first reported the company was preparing to fire Huang. If those losses hold, Nvidia will have shed about $600 billion in market value since the board opened its investigation. US intelligence was examining Alice Huang, a businesswoman alleged to be a Chinese spy, over facilitating shipments of Nvidia chips to Chinese firms. The disclosures prompted questions about governance and Huang's conduct, an internal probe with outside counsel, and calls from lawmakers for tighter export curbs. Armina Rosenberg of Minotaur Capital, which holds the shares, said the market was starting to price Nvidia without its founder as the likely outcome rather than a tail risk, and that losing Jensen would be a real blow. His departure would leave a vacuum at the roughly $4 trillion company he co-founded and built over more than three decades. Huang, 63, has no obvious successor and owns about 3.6% of the stock. Bloomberg reported the board has worked with an outside firm to identify replacements. Rosenberg said Chief Financial Officer Colette Kress, in the role for more than a decade, would be the natural interim choice, though the harder question is who leads the technology roadmap. Polymarket put an 88% chance on Huang resigning or being removed this year, with odds favoring Ian Buck as successor. The New York Times reported earlier Wednesday that Huang also had an affair with Kimberly Powell, Nvidia's vice president of healthcare, who reported to him. Asked about the relationship by phone, Huang said he did not think the reporter should be speaking to him directly, then hung up, the Times said. Reuters could not verify that report. Nasdaq futures fell 1%. Micron dropped nearly 2% and CoreWeave 6% in after-hours trading, while rivals AMD and Broadcom rose 4% and 3%. In Asia, Samsung gained about 1% and SK Hynix slipped nearly 1%. Quarterly results are due Nov. 17. Nick Ferres of Vantage Point Asset Management said Nvidia is financing its customers, and that in a boom or bubble a slowdown alone can tip the cycle into bust. US President Donald Trump has voiced support for Huang, a close ally. Huang could face a congressional subpoena if he does not answer a request for a closed-door briefing. Axios reported that Commerce Secretary Howard Lutnick stalled Trump's crackdown on companies suspected of diverting Nvidia chips.

Chevron has nearly 2 million acres and an interest in one out of every five wells in the Permian Basin. After recently reaching a production plateau, the company is focusing on reliability and efficiency in its West Texas operations, according to Bloomberg. On Bloomberg Chief Future Officer, CFO Eimear Bonner shows Annmarie Hordern facilities and technologies that contribute to Chevron’s competitive advantage in the region.

India's stock market value climbed to $5.4 trillion, overtaking Taiwan and returning to the world's five largest markets, Bloomberg reported.

Nvidia perps on Hyperliquid fell as much as 10% late Wednesday as its board reportedly weighed ousting CEO Jensen Huang. The Wall Street Journal said directors could meet Wednesday to discuss Huang’s future; The New York Times reported allegations of extramarital affairs with Kimberly Powell and Alice Huang, a suspected Chinese spy, according to The Block. NVDA-USDC perps were down 6.8% at $158.86 as of 7:50 p.m. ET Wednesday; tokenized NVDAx fell as much as 9%, and Nvidia shares dropped 8% after hours. Kalshi odds that Huang would step down before Nov. 13, 2026, climbed to 64%; Polymarket put the odds at 67% by Nov. 12 and 71% by Nov. 13. U.S. futures fell, while Asian equities were mixed.

Bank of Japan board member Toichiro Asada said the central bank should monitor how interest-rate increases affect the economy, citing a risk that higher rates could weigh on the price trend, according to Bloomberg.

Nvidia is the anchor of the entire AI chain. Cloud vendors' capital expenditures, computing power leasing companies' debts, and modeling company valuations are all betting on Nvidia's supply shortage, and the person endorsing this premise is Jensen Huang. Nobody wants the AI ​​bubble to actually burst because of Huang, right?

The monetary policy dilemma arising from the coexistence of declining real income and AI investment-driven growth.

The Wall Street Journal reports that Nvidia's board of directors is preparing to discuss CEO Jensen Huang's future, with a meeting potentially scheduled as early as Wednesday. The controversy has spread from his personal life to corporate governance and leadership stability.

No exchange would want a piece of the stock market pie, but Upbit is still blocked by regulators and can only rely on continuously listing new coins to maintain its traffic.

Congress is now under Democratic control, but the legislature is no longer as aging. From a long-term perspective, any pullback triggered by this election is likely a buying opportunity for cryptocurrencies.

The timing of New York Fed President Williams' departure has sparked controversy within the Federal Reserve: can he remain in office until June 2028, or must he retire in June 2027 when he turns 65? If he leaves earlier, Warsh could influence the selection of this key position a year earlier.

Jinse Finance launches its cryptocurrency and blockchain industry daily news bulletin, "Jinse at 8 AM," issue 3240, providing you with the latest and fastest news on the digital currency and blockchain industry.

With the implementation of individual income tax on offshore trusts, tax loopholes surrounding crypto assets are being gradually filled.

Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on AI, DeFi, DAO, NFT, and the metaverse.

Six real-world incidents demonstrate that attackers can recover the private key even without reading it, by exploiting implementation flaws.