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Mercor CEO Brendan Foody says he has met Nvidia’s Jensen Huang 'a variety of times'

CNBC reported that Mercor CEO Brendan Foody appeared on 'Squawk Box' to discuss a $750 million Series D at a $20 billion valuation and commented on the scandal surrounding Nvidia CEO Jensen Huang.

MarketAlleys Research Desk

Published · 3 min read

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Illustration for: Mercor CEO Brendan Foody says he has met Nvidia’s Jensen Huang 'a variety of times'
Illustration (AI-generated) — not a photograph of the events described.

What happened

CNBC reported on Nov 10, 10:48 UTC that Mercor co-founder and CEO Brendan Foody joined 'Squawk Box' to discuss the company's latest $750 million Series D funding round that brings its valuation to $20 billion, his thoughts on the scandal surrounding Nvidia CEO Jensen Huang, and more. The CNBC headline also quoted Foody saying "I've met with Jensen Huang 'a variety of times'." The segment concerned Mercor and comments about Nvidia's chief executive.

Stocks market context

As of Nov 10, 20:01 UTC, the SPY ETF was $748.51 (fell 0.56% from the prior close), the QQQ ETF was $672.17 (fell 1.06% from the prior close), NVIDIA was $166.51 (fell 6.81% from the prior close), Apple was $348.16 (fell 0.72% from the prior close), and Microsoft was $533.84 (fell 2.08% from the prior close).

Instrument Last Change Basis As of Source
S&P 500 (via SPY ETF) $748.51 -0.56% vs prior close Nov 10, 20:01 UTC Finnhub
Nasdaq 100 (via QQQ ETF) $672.17 -1.06% vs prior close Nov 10, 20:01 UTC Finnhub
NVIDIA $166.51 -6.81% vs prior close Nov 10, 20:01 UTC Finnhub
Apple $348.16 -0.72% vs prior close Nov 10, 20:01 UTC Finnhub
Microsoft $533.84 -2.08% vs prior close Nov 10, 20:01 UTC Finnhub
Amazon $271.89 +1.86% vs prior close Nov 10, 20:01 UTC Finnhub
Alphabet $287.17 -0.34% vs prior close Nov 10, 20:01 UTC Finnhub
Meta Platforms $642.80 +0.22% vs prior close Nov 10, 20:01 UTC Finnhub
Tesla $377.67 -0.10% vs prior close Nov 10, 20:01 UTC Finnhub
JPMorgan Chase $343.84 +0.51% vs prior close Nov 10, 20:01 UTC Finnhub

Yahoo published several related headlines on Nov 10, including "Nvidia is worth nearly 30% less if Jensen Huang is no longer CEO: tech analyst", "Trump says FBI investigating Nvidia CEO Huang over Chinese scandal", and "Nvidia and Jensen Huang Just Got Sued by Shareholders Over His Ties to a Suspected Spy". Yahoo also ran "Nvidia CEO Jensen Huang's affair appears to have short-circuited Wall Street analysts."

What to watch

Finnhub lists AMAT Q4 2026 earnings as scheduled Thu Nov 12 (after the close) with an EPS estimate of 4.13, and Finnhub lists CSCO Q1 2027 earnings as scheduled Thu Nov 12 (after the close) with an EPS estimate of 1.35; both events are upcoming in the week ahead.

  • Tue Nov 10 (after the close) — CRWV Q3 2026 earnings · EPS estimate -1.18
  • Wed Nov 11 (time not confirmed) — NIO Q3 2026 earnings · EPS estimate -0.09
  • Thu Nov 12 (time not confirmed) — NU Q3 2026 earnings · EPS estimate 0.23
  • Thu Nov 12 (before the open) — M Q3 2026 earnings · EPS estimate -0.18
  • Thu Nov 12 (after the close) — CSCO Q1 2027 earnings · EPS estimate 1.35
  • Thu Nov 12 (after the close) — AMAT Q4 2026 earnings · EPS estimate 4.13

Sources and data

  • CNBC (secondary source) — Mercor CEO Brendan Foody on Nvidia investment: I've met with Jensen Huang 'a variety of times'
  • Yahoo (secondary source) — Nvidia is worth nearly 30% less if Jensen Huang is no longer CEO: tech analyst
  • Finnhub (market data) — market data

Market data as of Nov 10, 20:01 UTC; report generated Nov 10, 20:01 UTC. All times are UTC. Each table row shows its own timestamp and provider.

This report was produced by the MarketAlleys Research Desk using automated data processing and language tools from the sources listed above, and checked against our automated-content validation rules. It is for information only and is not investment advice.

Terms in this article

Sources & data

  1. CNBC (secondary, retrieved Nov 10, 2026, 08:05 PM UTC)
  2. Yahoo (secondary, retrieved Nov 10, 2026, 08:05 PM UTC)
  3. Finnhub (market-data, retrieved Nov 10, 2026, 08:05 PM UTC)

Market data as of Nov 10, 2026, 08:01 PM UTC.

This report was produced by the MarketAlleys Research Desk using automated data processing and language tools, built only from the cited sources and validated by rules described in our methodology. Spot an error? Request a correction.

Ask about this story

Questions are answered only from this article and the sources it cites.

MarketAlleys provides news and analysis for information only; it is not investment advice or a recommendation to buy or sell any security. Markets involve risk. Risk disclaimer.

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CNBC market-open bulletin for Nov. 10, 2026

CNBC published a market-open item on Nov 10, 09:58 UTC describing its business and market coverage as "fast, accurate, and actionable business news and market updates."

MarketAlleys Research Desk · · 3 min read