{
  "id": 19507175,
  "title": "10 Wednesday AM Reads",
  "url": "https://urgent.news/2026/11/11/10-wednesday-am-reads",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-11T11:30:17.000Z",
  "source": {
    "name": "The Big Picture",
    "slug": "the-big-picture",
    "url": "https://ritholtz.com/2026/11/10-wednesday-am-reads-397/"
  },
  "original_language": "en",
  "account": "My mid-week morning reads: Focusing on the significant selloff on Thursday, 108 separate pods closed and unwound in what appears to be forced liquidations, potentially contributing to the $2.5 trillion loss. Additionally, Nvidia CEO Jensen Huang's succession crisis is explored, with his prominent role in decision-making raising questions about his successor. A story highlights how Honey Pot Huang, a woman allegedly involved in a romantic liaison with Huang, led to Megaspeed investing in chips that may have ended up misplaced. The impact of SpaceX's record-breaking IPO on index funds is analyzed, demonstrating its significance. The Wall Street Journal discusses the persistent issue of high beef prices due to a shrinking U.S. cattle herd, leading to supply chain fractures and plant closures. The employment landscape for 20-somethings is changing as AI empowers them to become entrepreneurs, with 23% of this age group running a business or side hustle in 2025. Lastly, the article explores the consequences of abandoning American capitalism, with Gen Z and millennials using prediction markets and sports betting more frequently than older generations.",
  "summary": "My mid-week morning reads: • Quant Quake II? Thoughts on the Selloff: My contrarian take on Thursday’s rout: strip out the hindsight bias, causal assumptions and narrative fallacy, then sort what we actually know from what we’re guessing. ~108 separate pods closed and unwound on Thursday in what is best described as “forced liquidations.” That might… Read More The post 10 Wednesday AM Reads…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}