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Ukraine’s Neptune Missiles Strike Novorossiysk Port, Damaging Key Russian Infrastructure

  Ukraine's President Volodymyr Zelenskiy awards a Ukrainian serviceman while he visits a command position of the 65th Separate Mechanized Brigade 'Velykyi Luh' at a front line, amid Russia's attack on Ukraine, in Zaporizhzhia region, Ukraine November 13, 2025. Ukrainian forces carried out a significant overnight strike on Russia’s Black Sea port of Novorossiysk , using domestically produced Neptune cruise missiles . The attack, which took place on the night of November 13–14, 2025 , targeted strategic military and energy facilities in the port city of Krasnodar Krai. According to Ukraine’s General Staff, the strike damaged valuable port infrastructure , including the Sheskharis oil terminal , a launcher from Russia’s S-400 air defense system , and a missile storage site. The latter reportedly detonated, causing fires across the port area. Video footage and reports confirmed that drones accompanied the missile barrage, amplifying the destruction. President Volodymyr ...
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Tech Stocks Decline Amid “Triple Witching” and Nvidia’s Rebalance


The stock market experienced a pullback as tech stocks faced pressure, and a significant options expiration loomed. Here are the key points:

  1. Tech Under Pressure:

    • Tech stocks, including megacap companies, declined.
    • Nvidia Corp. led the losses in this segment.

  2. Triple Witching:

    • Wall Street faced a quarterly event known as “triple witching.”
    • Derivatives contracts tied to stocks, index options, and futures were set to mature.
    • About $5.5 trillion in contracts were expiring, compelling traders to adjust positions.

  3. Volatility and Vulnerability:

    • Short interest in major equity ETFs hit record lows.
    • Lack of bearish investors signaled vulnerability to negative news.
    • Implied volatility on S&P 500 options remained low.

  4. Nvidia’s Rebalance:

    • Nvidia’s sharp rally prompted the Technology Select Sector SPDR Fund (XLK) to rebalance.
    • Over $10 billion of Nvidia shares were acquired, while Apple’s weight was significantly reduced.

  5. AI Frenzy and Inflows:

    • Nvidia’s AI-related surge made it briefly the world’s most valuable company.
    • Record inflows flowed into tech funds, driven by the ongoing artificial intelligence frenzy.

In summary, tech stocks faced headwinds, and market participants closely watched Nvidia’s earnings and rebalancing dynamics. The landscape remains dynamic, with implications for investors and traders alike.


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