TechFlow Intelligence: Jensen Huang Resigns as NVIDIA CEO Amid Multiple Extramarital Affair Scandals; Microsoft Global Outage Still Unresolved After 12 Hours

Nvidia CEO Jensen Huang resigned amid multiple extramarital affair scandals, sending the stock down 10% to $156 and wiping out nearly $500 billion in market capitalization, with CFO Colette Kress stepping in as interim CEO. Bitcoin fell 6.11% in 24 hours from $73,866 to a low of $68,943, triggering $622 million in liquidations within four hours, of which $549 million were longs, while spot Bitcoin ETFs saw a fifth straight day of outflows totaling about $1.44 billion and turning year-to-date flows negative. Microsoft suffered a global outage exceeding 12 hours that disabled Outlook and Teams for enterprise and consumer users. DTCC confirmed plans to bring tokenized securities to Solana, and Frax Finance launched its Burn Engine to buy back and burn FRAX using protocol revenue starting with frxETH income in Q4. Cerebras raised its Q4 core revenue guidance to $310-330 million, well above the $271 million consensus, as Nvidia's turmoil shifts the AI chip competitive landscape. Markets now face simultaneous key-person and critical-infrastructure risk, with attention on whether Nvidia can stabilize leadership, whether Bitcoin ETF outflows persist, and whether the Fed's hawkish tilt toward consecutive rate hikes pushes Treasury yields through 5%.