New Hadron Energy (HDRN) engineering EVP reports zero shares owned

Nvidia (NASDAQ: NVDA) has secured financing partnerships worth $500B with major financial institutions to fund AI infrastructure. Skeptics question the independence of this capital and whether demand for AI chips is genuine. CEO Jensen Huang has pledged to backstop 25% of these deals, drawing mixed interpretations. The financing arrangements are still in early stages, with no confirmed capital raised yet.

Microsoft canceled a data center deal with UK-based Nscale, threatening Nscale's $35bn IPO plans. Microsoft was to be the anchor tenant, and its withdrawal raises concerns about Nscale's ability to secure financing and proceed with the listing. Nscale is backed by Nvidia and aims to be a leading UK data center provider.

HDFC Bank deputy managing director Kaizad Bharucha will step down by December 31, 2026. The bank's board approved his request, which will be sent to the RBI for approval. Bharucha was a candidate for the CEO role, but faced tenure constraints.

Ralph Lauren (RL) is outperforming the struggling retail sector due to resilient high-income customers. Bank of America analyst Kendall Toscano maintained a Buy rating and $450 price target, citing steady demand and strong growth in Asia. RL beat Q1 earnings expectations by 7% and is expected to report another strong quarter in November. Shipping costs, up 8%, are less impactful on RL due to fixed pricing agreements.

Boeing won contracts for the US Air Force's F-47 and Navy's F/A-XX sixth-generation fighter jets, making it the sole supplier for both. The Pentagon's reliance on a single contractor raises concerns about potential risks and delays.

MSCI adopted new rules that could remove Strategy (MSTR) and Metaplanet from its indexes. Companies with mainly investment assets may be ineligible. Final decisions are due 11 November. JPMorgan estimates $2.8B outflows if MSTR is excluded. MSTR holds 848,250 BTC, worth $69.67B. MSTR shares are down 72% from their 2024 high.