Market Open: Stocks Mixed, Nvidia Chips an "Investable Asset," Oil Lower | 8/11/26

Watch on YouTube ↗  |  August 11, 2026 at 13:59  |  3:32  |  CNBC
Speakers
Carrie Firestone — Investment Committee Member
Jensen Huang — CEO, NVIDIA
Tim Richards — CEO, View

Summary

Markets opened mixed with the Dow slightly higher and the Nasdaq down. Orius Asset Management's Carrie Firestone warned of a potential pullback driven by inflation and rate concerns similar to the May selloff. Nvidia CEO Jensen Huang highlighted the company's AI factory platform as an investable asset, backed by $500 billion in financing partnerships with major asset managers.

  • Major averages mixed at the open: Dow up 63 points, S&P 500 up 2, Nasdaq down 7.
  • Carrie Firestone cautions that go-go market conditions could trigger a drop as hyperscaler spending, data center constraints, and rising rates on uncontrolled inflation resurface.
  • Nvidia secures $500 billion in financing partnerships with BlackRock, Brookfield, Goldman Sachs, KKR, Blackstone.
  • Nvidia CEO Jensen Huang states the company's AI factory platform is now an investable asset, not just chips.
  • Oil lower, gas prices down 7 cents in a week but still above $4/gallon.
  • Box office recovery cited with multiple billion-dollar films, but no tradeable vehicle mentioned.
  • Other corporate news: IHG profit jump, Cardinal Health mixed results, First Solar upgraded by Baird.
Ideas
Carrie Firestone Investment Committee Member 0:30
SPY pullback risk; no explicit short
Avoid SPY: CNBC guest says the market could get jittery and drop due to hyperscaler spend, data-center constraints and rates/inflation pressure, but does not state an explicit short/puts position.
SPY MED
Jensen Huang CEO, NVIDIA 1:17
Nvidia AI platform now investable asset.
Nvidia's AI factory platform has evolved from just selling chips to becoming an investable asset, supported by a $500 billion financing partnership with six of the world's largest asset managers. This reflects an extraordinarily significant infrastructure build involving energy, land, and computing, positioning Nvidia as a core long-term holding.
NVDA HIGH
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This CNBC video, published August 11, 2026, features Carrie Firestone, Jensen Huang discussing SPY, NVDA. 2 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Carrie Firestone, Jensen Huang  · Tickers: SPY, NVDA