Nvidia earnings, Binance CEO reportedly to step down in DOJ settlement: Yahoo Finance Live
All eyes are on Nvidia’s (NVDA) third-quarter results. The last of the Magnificent Seven to report, Nvidia’s stock is up about 240% thanks to its big bet on AI. In the world of crypto, Binance Founder and CEO Changpeng Zhao will be stepping down with the company agreeing to pay $4.3 billion in fines in a settlement with the US Department of Justice, according to a report from The Wall Street Journal. The report says the charges stem from violations of US anti-money-laundering requirements. Trending tickers on Yahoo Finance include Tesla (TSLA), Lowe’s Companies (LOW), and Best Buy (BBY). Top guests on Yahoo Finance Live today include:
3:05 p.m. ET - Krishna Memani, Lafayette College, Chief Investment Officer
3:35 p.m. ET - Fran Horowitz, Abercrombie & Fitch CEO
3:50 p.m. ET - Patrick De Haan, GasBuddy, Head of Petroleum Analysis
4:20 p.m. ET - David Swartz, Morningstar Analyst
4:30 p.m. ET - Patrick Moorhead, Moor Insights & Strategy Founder, CEO & Chief Analyst