The Bear Cave #351
Welcome to The Bear Cave by Hunterbrook Media! The last premium articles for paid readers were “ Problems at Dream Finders Homes (DFH) ” and “ Problems at Twist (TWST) .” Our next special investigation is scheduled for Thursday, November 19. Subscribe now New Activist Reports Quiet week for short reports — even as the overall market took a bath, with tech stocks seeing a “ historic rout .” Viceroy Research published two follow-ups on Blue Moon Metals (NASDAQ: BMM — $341 million). Its November 2 update pointed out that the company released a report after-hours on Friday disclosing that its planned acquisition of “33 tungsten and antimony projects in the western US” was dead. Its November 3 follow-up argued that Blue Moon may be selling assets for much needed cash. Blue Moon’s share price has fallen by almost half since Viceroy began writing about the company in August. Notable Departures The Head of Life Sciences AI at Snowflake (NYSE: SNOW — $97.3 billion) left in October after approximately 18 months, with her LinkedIn profile now listing Anthropic as her employer. Earlier this year, executives at the company responsible for U.S. enterprise sales, retail and travel, and consumer industries left Snowflake for OpenAI. The Chief Revenue Officer and Senior Vice President of Revenue Operations also departed this year. The Chief Marketing and Brand Officer of Mattel (NASDAQ: MAT — $4.39 billion) resigned effective November 10, about three months after his promotion . His exit follows the CEO’s October 2 departure . Mattel is bringing its former President and Chief Commercial Officer back into an operating role, reversing plans for him to leave at year-end. Chief Financial Officer of Morgan Stanley Investment Management, a subsidiary of Morgan Stanley (NYSE: MS — $283 billion), resigned on October 30 after roughly six months in the role. Her appointment in May followed her predecessor’s resignation that same month, making this the subsidiary’s second CFO departure in less than six months. Senior Vice President and Chief Financial Officer of Fluence Energy (NASDAQ: FLNC — $971 million) left on October 30 after approximately 34 months in the job. The President and CEO and the Chief Customer Success Officer departed the same day. Chief Financial Officer of Pacific Biosciences of California (NASDAQ: PACB — $700 million) stepped down on November 3 after approximately 19 months in the role. The change follows its August CEO transition and its chief accounting officer’s March resignation . Chief Financial Officer at Power Solutions International (NASDAQ: PSIX — $903 million) will leave later this month, the company disclosed in a Friday afternoon 8-K. This disclosure came the day after the company hosted an earnings call, in which the departure was not discussed, despite the fact that the departing CFO had informed the company earlier in the week. Departure research provided by Canary Data . News of the Week “The Comprehensive Guide To The Bank of Nvidia” ( Hunterbrook Media ) ‍ “Every financial news publication has written about Nvidia’s financial commitments. Hunterbrook decided to go a step further — tracing every dollar Nvidia has committed to its partners in one comprehensive place. This will be a living document; and as new Nvidia financing agreements are announced, we will add them. Because if Nvidia is really the central bank of AI, as the company’s backers say, then the world needs to know everything it is backstopping.” Graphic by Daniel DeLorenzo “US believes Nvidia’s Huang had romantic relationship with alleged Chinese spy” ( Financial Times ) “The US government believes Nvidia’s chief executive Jensen Huang had a romantic relationship with a Chinese woman who was recruited to spy for China’s main intelligence agency, according to people familiar with the matter. US officials earlier this year wrote a memo, based on information obtained by American intelligence, which said Huang had been romantically involved with Alice Huang, an executive at Megaspeed, a Singapore-based customer of the US chip group, said people familiar with the memo.” Shout out to Culper Research, the short-seller who wrote a report on Nvidia early this year — which dove very deep on the chip maker’s ties to Megaspeed, calling Jensen Huang’s relationship with Alice Huang “uncomfortably close.” Culper wrote: “Nvidia CEO Jensen Huang has not only vouched for Megaspeed, but seems to have quite literally walked alongside Megaspeed at every step, while maintaining an uncomfortably close relationship with Megaspeed’s Alice Huang, a Chinese national. He was first spotted partying with Alice Huang in June 2024 – the same month the Apex/Alibaba pledge was filed. He then dined with Alice Huang in Taiwan in May 2025 – just weeks after the news of U.S. trade restrictions. Finally, per one current Megaspeed employee, Jensen visits Megaspeed-linked data centers “every few months” and “every single time” he visits, he is accompanied by representatives from Alibaba. The Megaspeed employee characterized their relationship with Jensen as “very close”, corroborating another former Nvidia employee’s suggestion to us that many Nvidia employees wondered if there was a special relationship. The same employee added that, in contrast to public reporting suggesting otherwise, Alice Huang is ‘actually still our boss.’” Culper even found an… odd video of the two Huangs together: Tweets of the Week @rampagingruss discussed his post-midterm views on rates, inflation and the shift from capital to labor.\n\nTo me what was most surprising was that this …","username":"maxwiethe","name":"Max Wiethe","profile_image_url":"https://pbs.substack.com/profile_images/1838214055577657345/QuSMHiTe_normal.jpg","date":"2026-11-05T16:49:37.000Z","photos":[{"img_url":"https://substackcdn.com/image/fetch/$s_!kb9-!,w_1028,c_limit,f_auto,q_auto:best,fl_progressive:steep/l_play_button_usfui2,w_88,e_colorize:0/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F__ss-rehost__tw-video-preview-13_2118379002591133696.jpg","link_url":"https://t.co/sZ3UUN8ach"}],"quoted_tweet":{},"reply_count":4,"retweet_count":4,"like_count":21,"impression_count":3926,"expanded_url":null,"video_url":"https://video.twimg.com/amplify_video/2118379002591133696/vid/avc1/1280x720/963d9_Qw_LB4hfJP.mp4","video_preview_media_key":"13_2118379002591133696","belowTheFold":true}" data-component-name="Twitter2ToDOM"> Until next week, The Bear Cave New? 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