Google TPUs could gain share from Nvidia turmoil, Bloomberg Intelligence notes, eyeing $50B
Though, the trade is driven by headlines, and a clean leadership outcome or robust results from Nvidia on November 17 could swiftly reverse the relative moves for now. Nvidia shares dropped upwards of 10% in after-hours trading, while rival chipmaker AMD climbed.
In this article
In today's stock market today news, Though, the trade is driven by headlines, and a clean leadership outcome or robust results from Nvidia on November 17 could swiftly reverse the relative moves for now, according to investingLive. Nvidia shares dropped upwards of 10% in after-hours trading, while rival chipmaker AMD climbed.
Key points
- It projects TPU sales to ramp to over $50 billion in 2027.
- The note comes as Nvidia faces the most serious leadership lack of clarity in its history.
- The question is whether it can turn interest in TPUs into firm commitments while its steepest rival is distracted for Google.
Stock market today: the details
It projects TPU sales to ramp to over $50 billion in 2027. The note comes as Nvidia faces the most serious leadership lack of clarity in its history. The question is whether it can turn interest in TPUs into firm commitments while its steepest rival is distracted for Google.
Why stock market today matters for traders
Equity moves reflect expectations for earnings, interest rates and economic growth. Strong or weak results from large companies can shift sentiment across whole sectors and indices.
Stock-market sentiment also spills over into currencies: risk-on moods tend to favour higher-yielding currencies, while sell-offs often support safe havens.
Market reaction and data
Crypto prices at the time of writing, from Binance spot data (2026-11-12 02:12 UTC):
| Asset | Last price (USDT) | 24h change | 24h high | 24h low |
|---|---|---|---|---|
| Bitcoin (BTC) | 73,860.01 | 0.60% | 74,811.45 | 73,209.12 |
| Ethereum (ETH) | 2,058.71 | 0.39% | 2,103.78 | 2,035.83 |
On the currency side, the latest ECB daily reference rates (2026-11-11) show EUR/USD 1.1127, GBP/USD 1.3307, AUD/USD 0.6859, NZD/USD 0.5583, USD/JPY 159.23, USD/CHF 0.8299, USD/CAD 1.4235, USD/CNY 6.6707. These are reference fixes, not live quotes.
What to watch next for stock market today
Traders will track upcoming earnings, guidance from company management, bond yields and macro data that could change the rate outlook.
Key scheduled releases on the economic calendar:
- GBP GDP m/m on Thu Nov 12, 07:00 UTC, forecast 0.0%, previous 0.1%
- USD Core PPI m/m on Fri Nov 13, 13:30 UTC, forecast 0.3%, previous 0.7%
- USD PPI m/m on Fri Nov 13, 13:30 UTC, forecast 0.4%, previous 1.3%
Follow every update in our Top 10 Forex News Today, read BoJ’s Asada, who opposed 2 hikes this year, urges caution on pace as rates near neutral or see all of today's top market news.
FAQ
What is the latest stock market today news?
Though, the trade is driven by headlines, and a clean leadership outcome or robust results from Nvidia on November 17 could swiftly reverse the relative moves for now.
Why do stock markets react to interest rates?
Higher rates raise borrowing costs and reduce the present value of future profits, which tends to weigh on stock valuations, especially for growth companies.
Where does this information come from?
This report is based on coverage from investingLive, checked against market data where available. It is a summary for information only and not investment advice.
Risk warning: This article is for information only and is not investment advice. Trading forex, CFDs, stocks and crypto carries a high risk of losing money. Prices move fast – check live quotes before you trade.
