With midday trade underway, Remy Blaire goes to Chicago for a live check-in with FINTECH.TV contributor Errol Coleman from the Cboe trading floor. Coleman says the market has seen a lot of volatility this morning without falling through to either side, and that the trading ranges of about 200 to 300 points are massive. He says that is thanks to the increase in volatility over the last couple of weeks, and that he is watching to see whether the market gets any directionality before the close.
The conversation then turns to Jensen Huang, whom Blaire says faces a board investigation at Nvidia, which she calls the world’s second most valuable company. Coleman says prediction markets are pricing in about an 18% chance that Huang is replaced or resigns by December 31st, 2026, and about a 23% chance by March 31st, 2027. He adds that while he understands how probabilities work, an 18% chance is not very likely.
Coleman shares his personal view that he would not want to see Huang go. He says he understands the breach of trust, but that with Nvidia leading in AI and the U.S. in a race with China, he is not sure how smart that decision would be.