By Tom Lauricella
Publication Date: 2026-11-14 12:00:00
In This Week’s Newsletter
It was about as hectic a week as you can get in the financial markets, with massive corporate news and key inflation data coming just days ahead of what could be the largest IPO in history.
The remarkable fall from grace (and power) of Nvidia CEO Jensen Huang dominated headlines. With Huang’s resignation and investigations into his relationship with an alleged Chinese agent, the firm’s stock fell more than 12% during the week. Still, the stock market took it in stride. The Morningstar US Total Market Index gained more than 2.5% for the week, led by energy stocks.
Nvidia is no ordinary semiconductor company. It has played a central role in the AI boom, and its stock is among the most widely held in Americans’ portfolios. In the wake of the Huang scandal and the stock’s collapse, Morningstar’s Colin Laidley looked at Nvidia’s remarkable run and what it has meant for the market.
Nvidia has a lot to contend with. As Huang steps down and investigations build, questions still loom about a potential post-midterms data center slowdown. Amid these headwinds, Morningstar senior equity analyst Brian Colello late this week sharply reduced his fair value estimate for Nvidia stock. Check out his deep dive into the questions around the company and what they could mean.
All this comes as Nvidia is set to report earnings Tuesday afternoon. You can find Colello’s thoughts here on what to watch when the company reports. That’s going to be quite the…
