Nvidia's chief and the spy scandal
Today is Wednesday, November 11, 2026
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- Good morning, and welcome to Hark News. Here's what the world got up to while you slept. First, the weather in New York. A high of 63 and a low of 45, with clear skies.
- Nvidia's CEO Jensen Huang has admitted to an extramarital affair with a woman US officials believe was a Chinese spy. The company has launched an investigation by independent directors and outside counsel.
- Defense Secretary Pete Hegseth faces eight articles of impeachment from Republican Thomas Massie, covering the Iran war, boat strikes and Yemen. Hegseth called the effort a political spectacle and a farce at a rare Pentagon press conference.
- Consumer prices rose 0.4% in October, more than expected, and core prices kept climbing. Markets now expect the Fed to raise rates in December. Governor Christopher Waller floated a half-point hike, and the two-year Treasury yield jumped.
- Anthropic is seeking a valuation of about $1.4 trillion in its IPO, with shares marketed at $70 to $78. That is below some earlier hopes of $2 trillion.
- Roughly three quarters of Americans will soon have a Democratic governor, with at least 28 states flipping or staying Democratic. Democrats added more than 500 state legislative seats and six new trifectas.
- House Republicans picked Jim Jordan as minority leader, beating Steve Scalise 106 to 73 in a secret ballot. Thune was reelected Senate Republican leader without opposition.
- Democrats already plan a flurry of oversight. Sixteen senators want to delay Medicaid work requirements due January 1, 2027. Warren called for a higher minimum wage and a ban on congressional stock trading.
- The Kennedy family is joining a lawsuit to block construction of Trump's 250-foot triumphal arch in Washington. Whistleblowers also say Interior Department paperwork tied to the president's DC projects has been destroyed.
- The New York Times reports Secretary of State Marco Rubio told Trump about intelligence on Huang in May, contradicting Trump's claim that he knew nothing.
- Hegseth's impeachment vote could come as early as Wednesday, with Republicans like Ernst and Tillis voicing doubts. A Senate conviction would need two-thirds, which is a hard lift.
- A 41-year-old US Army soldier was arrested in the UK on suspicion of espionage related to Russia, according to London police.
- Federal prosecutors allege a commander of an Iranian proxy group directed a failed plot against a UK Air Force base used by the US for the Iran war, from a New York jail.
- The national average gasoline price fell below $4 a gallon for the first time since July, as Brent crude dipped under $90 on signs of possible US-Iran de-escalation.
- The Senate advanced a bipartisan permitting bill 73 to 25, a lopsided margin. Schumer said he has outstanding concerns, and Trump said he would not approve new wind projects.
- Trump promised federal help to states if Republicans won, including Camp Lejeune settlements and Hurricane Helene aid. Now some beneficiaries are asking him to deliver anyway.
- IBM said it will stop sponsoring US visas and green cards in its largest division, a win for the administration's crackdown on hiring foreign workers.
- Google DeepMind says AI agents mathematically verified the encryption code behind Signal, generating millions of lines of proofs in about four weeks. Researchers say it points toward unhackable software.
- Javier Milei is pitching Argentina as a regulation-free AI hub with cheap energy and land, as US firms look abroad after voters rejected data centers at home.
- Medical workers in Afghanistan report more births and younger mothers under the Taliban, reversing a fertility decline. Women's restricted access to care is making pregnancies riskier.
- Pope Leo is visiting Argentina and returning to Peru, where the populist Keiko Fujimori took power in July, extending the region's rightward swing.
- Johnson Associates expects Wall Street bonuses to climb sharply this year, with equity bankers up 20 to 30 percent, while private credit and private equity lag.
- Semafor argues Nvidia's board has light resumes and long tenures, with no obvious successor for Huang. Prediction markets put his firing at about 14 percent by year end.
- Semafor reports Singapore cloud operators are a legal loophole for Chinese firms seeking advanced Nvidia chips, with export controls spawning lucrative workarounds.
- Anthropic reportedly secured 1.7 gigawatts of gas generators for $3.4 billion, moving deeper into physical infrastructure as power shortages constrain data centers.
- Airbnb and DoorDash report very few bookings from personal AI agents, suggesting adoption of horizontal agents may be far slower than expected.
- The New York Times reports the US Commerce Department halted an investigation into Megaspeed after Nvidia intervened, a company whose director was the woman in Huang's affair.
- And that's your world for today. The full stories and the links are waiting in the app. Tap through, bookmark what matters, and share what's worth sharing. And if you want to see what stuck, take today's quiz in the app: five quick questions. And if Hark is making your mornings a little better, share it with a friend. It's the best way to help us grow. I'll see you again tomorrow morning. Until then, have a great day.