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It is rumored that Jensen Huang's wife’s statement was actually written by a netizen, and she has not yet responded

A few days ago, Jensen Huang, the founder of NVIDIA, publicly admitted to being unfaithful to his wife Lori Huang, with whom he has been married for over 40 years, in an internal letter to all employees. He apologized to his family, employees, and shareholders regarding this matter. The incident sparked discussions, and within two days, NVIDIA's market value evaporated by approximately $400 billion to $470 billion, with the stock price dropping by about 11%.After the incident gained traction, a public response allegedly from Lori Huang circulated on X. The main points included that her husband had informed her before the public disclosure, that a public apology could not restore trust overnight; she did not understand the truth behind the accusations against the related women and believed that national security issues should be handled by investigators rather than the media; she would not join in the attack on the related women, that decisions regarding the marriage should be made by the family, and she requested time and privacy from the outside world. Some related tweets garnered over a million views.This statement was not released by Lori Huang herself. Some media reports indicate that as of now, she has not publicly made any statements regarding her husband's infidelity. The statement claims that for 28 years, they have kept their private life out of the public eye, but the couple has actually been married for about 41 years, which does not match the timeline, and there is a lack of official channels, verified accounts, or lawyers, spokespersons, and other verifiable primary sources.

first_img Full statement from the Federal Reserve: Interest rates unchanged, two members support rate hike

In the early hours of Thursday, the Federal Reserve decided to maintain the federal funds rate target range at 3.75% to 4.00% with 10 votes in favor and 2 votes against. Lisa D. Cook and Beth M. Hammack cast the dissenting votes, both advocating for a 25 basis point increase at this meeting.The Federal Open Market Committee approved the following statement with 10 votes in favor and 2 votes against:The Committee decided to maintain the federal funds rate target range at 3.75% to 4.00% to support the Federal Reserve's dual mandate. The Committee continues to implement a policy of maintaining ample reserves in the banking system.Economic activity is expanding at a strong pace. Despite factors such as geopolitical tensions keeping uncertainty high, domestic spending remains resilient. Productivity growth is strong, and capital investment is robust. Employment growth is in line with the growth of the labor force, and the unemployment rate has not changed significantly.Inflation remains elevated. Gathering more information will help the Committee determine the appropriate policy stance to ensure inflation returns to the Committee's 2% target in a timely manner. The Committee will achieve price stability.The members voting against this monetary policy action were Lisa D. Cook and Beth M. Hammack, both advocating for a 25 basis point increase in the federal funds rate target range at this meeting.

Forward Industries: Released a white paper on the regulatory framework for crypto vaults, responding to SEC Commissioner Peirce's statement

According to Forward Industries (NASDAQ: $FWDI) in a public letter, the company's General Counsel Georgia Quinn officially responded to SEC Commissioner Hester Peirce's statement on July 22, 2026, titled "Headstands and Summervaults," and proposed a three-tier vault regulatory framework centered on "management freedom" as a core variable:• Type I - Use: Developers provide out-of-the-box software, and users configure parameters themselves without registration;• Type II - Follow: Referencing the SEC's 2013 no-action letter regarding AngelList, Angels set strategies for others to follow, meeting conditions such as co-investment and information disclosure, without needing to register as investment advisors;• Type III - Advised: Involves active management, requiring registration or applicable exemptions, suggesting that the SEC and CFTC jointly regulate to avoid dual compliance conflicts.The article also presents five baseline requirements applicable to all vaults, including conflict of interest disclosure, code public audit, exclusion of disqualified persons, applicability of anti-fraud rules, and state law preemption. The article specifically notes that Peirce's statement did not mention the CFTC, and the inter-agency regulatory issues regarding mixed-asset vaults urgently need to be addressed by the SEC and CFTC.
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