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Jensen Huang has resigned as Nvidia's CEO and left its board, effective immediately. CFO Colette Kress takes over as interim CEO, Harvey C. Jones becomes the company's first board chair, and the stock fell around 10% before the opening bell.
Nvidia's board has opened an independent investigation after reports that CEO Jensen Huang was the target of a Chinese intelligence effort. Huang admitted an affair in a staff email, the stock slid before Monday's open, and Beijing calls the spy claims a smear.
The Dow lost 1,833 points, the S&P 500 fell 4.4% and the Nasdaq slid into a correction on 5 November 2026 as AI chip stocks crashed. Here is why, the biggest losers, and what to watch on Friday.
The biggest AI and chip stocks shed about $5 trillion in market value in a month, led by Nvidia and Alphabet, while 625 other large US stocks gained. Here is what caused the rout and what Apple earnings, the midterms and Friday’s jobs report could mean.
A busy week in the US-China AI contest: a DeepSeek removal order, new sanctions, a scramble for Nvidia chips and China's own export curbs. What it means for India.
Nvidia, Meta and CoreWeave fell sharply as AI spending and debt worries hit Wall Street. Here is what triggered the sell-off and why Indian IT stocks rose the next morning.
