CPI came in hot versus expectations. October headline CPI rose 0.4% month over month, above the 0.3% forecast and down from September’s 0.6%. The BLS skipped the year-over-year reading because last year’s shutdown left it without an October 2025 comparison. A December hike was already widely expected before the print. SGH Macro put the odds at 80–85% for December and 65% for March 2027 before CPI. Those are economist estimates. NVDA scandal rocks company. Nvidia’s board said an independent investigation examined whether Jensen Huang had been targeted by foreign intelligence. The board said it had no reason to believe company secrets or security were compromised and reiterated its support for Huang. AP reported that President Trump said the FBI was investigating and that Nvidia shares fell 4.3% Monday. Today, watch whether NVDA continues to lag the broader chip group, especially if Treasury yields ease. CoreWeave reports after the close. FactSet consensus is $3.54 billion in revenue and an adjusted loss of $1.27 per share. The call is at 5 p.m. ET. I’d focus on forward guidance, how quickly contracted demand turns into revenue, and what it will cost to fund the buildout. That last piece matters more if yields keep climbing. Rest of the week, all times Eastern - Wednesday: Veterans Day. U.S. stocks are open and the bond market is closed. - Friday: October PPI and core PPI at 8:30 a.m., the next inflation check after CPI. For the open, watch the yields alongside QQQ. If the yield holds its post-CPI move higher and QQQ struggles, rates are a plausible driver of broad tech weakness. If yields give back the move and NVDA still lags other chips, the company-specific headlines deserve more weight.