Developing story
Mercor CEO Brendan Foody says he has met Nvidia’s Jensen Huang 'a variety of times'
2 reports · first reported Nov 10, 2026, 08:05 PM UTC · last development 13h ago
What happened
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.
Read the first report · Nov 10, 2026, 08:05 PM UTC
Why this matters
- cnbc.com reported Nov 10, 23:41 UTC that Jim Cramer said Tuesday investors shouldn't let mounting market risks overshadow the potential for a rebound. [source]
- Market breadth for the desk shows 8 tracked, with 0 up and 8 down. [source]
- Two near-term macro releases are scheduled: Weekly jobless claims on Thu Nov 12 (time not confirmed) and the Producer Price Index on Fri Nov 13, 13:30 UTC. [source]
Drawn from the takeaways of the latest report (Nov 11, 2026, 12:41 AM UTC); each point links to its source.
What changed
What comes next
Scheduled
US Retail sales (Census)
Calendar: fred
Scheduled items are calendar listings; times can change. Full calendar
All coverage
- Mercor CEO Brendan Foody says he has met Nvidia’s Jensen Huang 'a variety of times'
First report · Nov 10, 2026, 08:05 PM UTC
- Jim Cramer: Wall Street focusing on what could go wrong, CNBC reports
Nov 11, 2026, 12:41 AM UTC
Terms in this story
Market breadth
How many stocks are taking part in a market move — measured by advancing versus declining issues, new highs versus new lows, or the share of stocks above their moving averages.
Price-to-earnings ratio (P/E)
Share price divided by earnings per share.
- Reported
- Published reporting of something that happened
- Unconfirmed
- Reported as possible, planned or under discussion — not confirmed
- Scheduled
- On the economic or earnings calendar; has not happened yet
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