HSBC downgrades Nvidia, says stock to struggle until new CEO named

Analyst Frank Lee downgraded the chipmaker to hold from buy.

Profit surprises are normalizing — and that may signal a healthier stock market, say Citi strategists November 13, 2026
Although the majority of S&P 500 companies reported earnings above analysts’ expectations, the beats were significantly lower than in more recent quarters.
Nora Redmond
‘He calls my plans a fantasy’: My husband says we can’t afford our $200,000-a-year dream retirement. I think he’s cheap. November 13, 2026
“We have $2 million saved in our retirement accounts and a house worth $1.3 million.”
Quentin Fottrell
Investors are underestimating AI. But the real challenge is diversification, this strategist says. November 13, 2026
Artificial intelligence is all everyone has talked about since the arrival of ChatGPT, but HSBC’s global chief investment officer thinks investors are still underestimating it.
Steve Goldstein
‘She has a history of financial mismanagement’: My brother cut my sister out of his will. I’m getting everything. Do I tell her? November 13, 2026
“I’m torn between respecting my brother’s wishes, being fair to my sister, and preserving a relationship that means a great deal to me.”
Quentin Fottrell
Earnings growth is set to peter out — but not the bull market, says Goldman Sachs. Here’s what the firm recommends. November 13, 2026
Earnings growth is almost halving across major indices in 2027 but stocks have already discounted much of that deceleration. Goldman recommends investors focus closely on those companies still delivering strong growth – as strong growth becomes a scarce commodity.
Jules Rimmer
My wife has dementia and may outlive me. How do we prepare for long-term memory care? November 13, 2026
“She’s 69 and otherwise healthy as a horse.”
Alessandra Malito
‘The thought of living to 100 terrifies me’: Is Social Security a giant Ponzi scheme? November 13, 2026
There is already a demographic ‘run’ on Social Security.
Quentin Fottrell
Who can replace Jensen Huang as Nvidia CEO? These four names are buzzing in AI circles. November 12, 2026
As Nvidia’s board seeks a new CEO, experts say that person will need a rare balance of tech vision and business savvy
Britney Nguyen
Opening trading-card packs has become a $2 billion market November 12, 2026
Pack-ripping apps are changing the way people buy and sell cards. But analysts say their “slot-like payoff” raises risks.
Bill Peters
Bond yields just saw their biggest surge since 2022 as expectations grow for more Fed rate hikes November 12, 2026
Fed Chair Warsh’s quiet style of communicating interest-rate policy has led to more volatile markets.
Joy Wiltermuth