Nvidia scandal spotlights perpetual futures, CNBC reports
CNBC reported Nov 9, 10:31 UTC that weekend trading around the Nvidia scandal highlighted the growing use of perpetual futures and other trading products.
Developing storyCNBC: Gil Luria on Nvidia CEO probe and the stock4 reports · latest 38 min agoTimeline →What happened
CNBC reported Nov 9, 10:31 UTC that weekend trading of the Nvidia scandal shined a light on the growing use of perpetual futures and other trading products. The item identified Nvidia as the company at the center of the scandal and discussed trading in perpetual futures and other trading products around that weekend activity. CNBC's headline lists no other outlets as also reporting the item.
Stocks market context
Finnhub shows at Nov 9, 21:00 UTC the following: the SPY ETF was $752.69 and rose 2.37% from the prior close, and the QQQ ETF was $679.35 and rose 3.54% from the prior close. Nvidia was $178.67 and fell 4.27% from the prior close. Other large-cap names included Apple at $350.69 (rose 2.43% from the prior close), Microsoft at $545.18 (rose 2.75% from the prior close) and Amazon at $266.93 (rose 2.94% from the prior close).
| Instrument | Last | Change | Basis | As of | Source |
|---|---|---|---|---|---|
| S&P 500 (via SPY ETF) | $752.69 | +2.37% | vs prior close | Nov 9, 21:00 UTC | Finnhub |
| Nasdaq 100 (via QQQ ETF) | $679.35 | +3.54% | vs prior close | Nov 9, 21:00 UTC | Finnhub |
| NVIDIA | $178.67 | -4.27% | vs prior close | Nov 9, 21:00 UTC | Finnhub |
| Apple | $350.69 | +2.43% | vs prior close | Nov 9, 21:00 UTC | Finnhub |
| Microsoft | $545.18 | +2.75% | vs prior close | Nov 9, 21:00 UTC | Finnhub |
| Amazon | $266.93 | +2.94% | vs prior close | Nov 9, 21:00 UTC | Finnhub |
| Alphabet | $288.15 | +1.18% | vs prior close | Nov 9, 21:00 UTC | Finnhub |
| Meta Platforms | $641.37 | +5.12% | vs prior close | Nov 9, 21:00 UTC | Finnhub |
| Tesla | $378.05 | +5.54% | vs prior close | Nov 9, 21:00 UTC | Finnhub |
| JPMorgan Chase | $342.08 | +2.27% | vs prior close | Nov 9, 21:00 UTC | Finnhub |
Related coverage
Yahoo published a Nov 9 headline that Nvidia stock fell Monday as the company dealt with an embarrassing “honeypot” scandal involving the CEO. CNBC also published a Nov 9 item discussing how the scandal could lead to reduced microchip exports, attributed to a strategist in that piece.
- Weekend trading of Nvidia scandal shines light on new financial products — CNBC, Nov 9, 10:31 UTC
- Nvidia Stock Drops On Spy Scandal, CEO Probe — Yahoo, Nov 9, 15:20 UTC
- Nvidia scandal could lead to reduced microchip exports: Strategist — CNBC, Nov 9, 07:29 UTC
- Nvidia Scandal Hurdled on Pre-Bell Wall Street; Asia, Europe Up — Yahoo, Nov 9, 11:10 UTC
- Job Hopping Advantages, Nvidia Scandal and More of Today’s Top Money News — Yahoo, Nov 9, 17:49 UTC
What to watch
No scheduled events directly related to Nvidia or to perpetual futures and similar trading products were available in the upcoming events list.
- Tue Nov 10 (before the open) — SE Q3 2026 earnings · EPS estimate 0.82
- Tue Nov 10 (before the open) — VG Q3 2026 earnings · EPS estimate 0.51
- 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
Sources and data
- CNBC (secondary source) — Weekend trading of Nvidia scandal shines light on new financial products
- Yahoo (secondary source) — Nvidia Stock Drops On Spy Scandal, CEO Probe
- Finnhub (market data) — market data
Market data as of Nov 9, 21:00 UTC; report generated Nov 9, 22:10 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
Perpetual futures
Crypto futures with no expiry date.
Exchange-traded fund (ETF)
A fund that trades on a stock exchange like a share, usually tracking an index, sector, commodity or strategy.
S&P 500
A float-adjusted, market-cap-weighted index of about 500 leading US companies selected by a committee at S&P Dow Jones Indices.
Price-to-earnings ratio (P/E)
Share price divided by earnings per share.
Earnings per share (EPS)
A company's net profit attributable to ordinary shareholders divided by its average number of shares.
Sources & data
- Finnhub (market-data, retrieved Nov 9, 2026, 10:11 PM UTC)
- CNBC (secondary, retrieved Nov 9, 2026, 10:11 PM UTC)
- Yahoo (secondary, retrieved Nov 9, 2026, 10:11 PM UTC)
Market data as of Nov 9, 2026, 09:00 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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