Stockwatch
HedgeWeekly Stockwatch: Nvidia falls on CEO probe as KKR reports
Nvidia, KKR, Constellation Energy and Take-Two are in focus on a busy Monday for results.
HedgeWeekly Markets Desk ·
NVDA, Nvidia: Nvidia's independent directors opened an investigation into whether CEO Jensen Huang was targeted by a foreign intelligence effort, after reports of his relationship with a former Megaspeed executive. Bull case: Nvidia says Huang stays as CEO and it has no reason to believe secrets were compromised. Bear case: Reuters put the potential value loss at about $270 billion, and three House committee chairs asked for a briefing.
KKR, KKR: The private markets group reports into a weak patch for credit: HFR data show credit arbitrage hedge funds lost 2.7% in October. Bull case: Analysts expect earnings of $1.41 a share, up from $1.22 a year ago, StockTitan said. Bear case: Options priced a move of about 5.8% either way as of November 6, Earnings Watcher said.
CEG, Constellation Energy: The power producer reports as Democrats, who take Congress in January, plan proposals to shield consumers from higher power costs tied to data centres. Bull case: Consensus is $3.90 a share, up from $3.04 a year earlier, StockTitan said. Bear case: Options priced a move of about 8% either way as of November 6, Earnings Watcher said.
TTWO, Take-Two Interactive: The Grand Theft Auto publisher reports quarterly results after the close; in May it scheduled GTA VI for November 19 and guided full-year bookings to $8.0-8.2 billion. Bull case: Its fiscal 2027 bookings guidance of $8.0-8.2 billion compares with $6.72 billion in fiscal 2026. Bear case: Consensus earnings of $0.49 a share are down from $1.04 a year ago; options priced about 9% either way.
Sources
- Börse Express
- Earnings Watcher
- Grafa
- Hedge Fund Research via Hedgeweek
- Investing.com
- Reuters via Investing.com
- StockTitan
- TipRanks
- Yahoo Finance