BORSA: Stock News & Alerts Free on the App Store Free on Google Play Get Get ×
← The wire · Thursday, November 12 Nvidia CEO Jensen Huang Resigns Amid Board Probe; Tech Futures Tumble Nvidia announced Jensen Huang resigned as CEO effective immediately, with CFO Colette Kress as interim. The resignation follows reports of an affair with an alleged Chinese spy and a second affair with VP Kimberly Powell. Nvidia stock fell nearly 11% premarket. Broader tech futures dropped as Nasdaq-100 futures fell 1.2%, with oil rising on Trump's Iran remarks and jobless claims higher than expected.
Sentiment bearish 25
Bearish · 25 of 100 Impact 90
high · market-wide Confidence 90%
high confidence · 3 wires Event developing
v3 · alerted to followers News Calendar Reports Stocks Sign in NVDA +1.40% $168.52 CSCO −1.57% $100.41 SPCX +0.61% $140.80 NSPR Prev. session −5.67% $0.73 Nov 12, 16:17 ET HAWK +6.27% $15.59 MSCI Prev. session +1.01% $658.67 Nov 12, 19:50 ET MSFT −2.38% $510.54 NBIS −2.05% $126.00 AMAT +0.30% $382.08 FFR Prev. session +2.33% $0.80 Nov 12, 19:30 ET RUBI −2.54% $0.93 EG −0.46% $420.40 META +0.71% $628.05 AFYA Prev. session +0.77% $10.41 Nov 12, 19:43 ET NDAQ +0.04% $108.69 BN −0.02% $41.63 SMCI +0.11% $27.02 MRNA −0.07% $231.18 LWAY Prev. session −1.39% $20.60 Nov 12, 19:30 ET ROK +1.00% $408.23 ALNY +1.02% $158.25 INTC −0.26% $61.04 VEON Prev. session 0.00% $75.15 Nov 12, 19:34 ET CCB Prev. session +0.39% $43.41 Nov 12, 18:15 ET KDP −0.25% $35.33 SMR +0.62% $4.85 TTWO +0.57% $228.25 SO 0.00% $92.47 MAMA Prev. session −0.08% $13.23 Nov 12, 19:30 ET UAL +0.16% $111.43 NVDA +1.40% $168.52 CSCO −1.57% $100.41 SPCX +0.61% $140.80 NSPR Prev. session −5.67% $0.73 Nov 12, 16:17 ET HAWK +6.27% $15.59 MSCI Prev. session +1.01% $658.67 Nov 12, 19:50 ET MSFT −2.38% $510.54 NBIS −2.05% $126.00 AMAT +0.30% $382.08 FFR Prev. session +2.33% $0.80 Nov 12, 19:30 ET RUBI −2.54% $0.93 EG −0.46% $420.40 META +0.71% $628.05 AFYA Prev. session +0.77% $10.41 Nov 12, 19:43 ET NDAQ +0.04% $108.69 BN −0.02% $41.63 SMCI +0.11% $27.02 MRNA −0.07% $231.18 LWAY Prev. session −1.39% $20.60 Nov 12, 19:30 ET ROK +1.00% $408.23 ALNY +1.02% $158.25 INTC −0.26% $61.04 VEON Prev. session 0.00% $75.15 Nov 12, 19:34 ET CCB Prev. session +0.39% $43.41 Nov 12, 18:15 ET KDP −0.25% $35.33 SMR +0.62% $4.85 TTWO +0.57% $228.25 SO 0.00% $92.47 MAMA Prev. session −0.08% $13.23 Nov 12, 19:30 ET UAL +0.16% $111.43
Jensen Huang resigned as president, CEO, and board member effective immediately.
CFO Colette Kress named interim CEO.
Huang admitted to an affair with a woman alleged to be a Chinese spy.
A second reported affair with Nvidia VP Kimberly Powell.
Nvidia board was probing Huang's conduct under the company's code of conduct.
Nvidia stock fell nearly 11% premarket. FREE ACCOUNT · NO CARD The headline and the read are open. The reasons are one free account away, on every story. One free account opens every story complete, the live board, the 30-day calendar, a watchlist and breaking alerts on your phone. No card. The wire stays free to read.
WHY IT MATTERS •••••••••• Market transmission and exposed assets BULL / BEAR CASE •••• / •••• Competing evidence, edited together NEWS ON PRICE ••.•% reaction Confirmation versus SPY and sector WHAT TO WATCH •• catalysts The facts that can change the read $NVDA on BORSA NVIDIA
$168.52 +1.40%
NEWS READ Bearish
MATERIAL EVENTS 24H 63
STORIES 30D 162
More on NVIDIA (NVDA) newest first
NVIDIA (NVDA) stock news → How it developed 23 wires · newest first
Wed to Thu Thu 12:17 PM Stock Market Today: Nasdaq Higher Amid Nvidia CEO Change; Software Name Jumps (Live Coverage) -- IBD Thu 11:15 AM Stock Market Today: Indexes Turn Positive; Nvidia Off Lows Amid CEO Change As Apple Hits Highs (Live Coverage) -- IBD Thu 10:15 AM Nvidia CEO Huang resigns, stock plunges; Nebius sinks on capex outlook bearish 25 · impact 75Thu 9:12 AM Stock Market Today: Futures Fall On Trump Oil Remarks; Nvidia Plunges As Jensen Huang Resigns (Live Coverage) -- IBD Thu 8:45 AM Stock Market Today: Futures Fall On Trump Oil Remarks; Nvidia Plunges On New CEO Reports (Live Coverage) -- IBD Thu 8:20 AM Nvidia plunges 8% premarket as board reportedly mulls ousting CEO Jensen Huang bearish 10 · impact 90 · this page Thu 6:20 AM Nvidia reportedly plans to oust CEO Jensen Huang after allegations bearish 20 · impact 75Thu 5:29 AM Global Equities Roundup: Nvidia Leadership Crisis Spurs Rotation, UK Homebuilders Gain Where this story sits ringed dot is this story
Every story, complete free account
A free account opens the reasons behind every story, the live board, the 30-day calendar, a watchlist and breaking alerts on your phone, plus 3 complete ticker and report views a day. BORSA Plus removes the daily limit and adds alerts on your names.
Create a free account · no card → BORSA uses AI-assisted classification and synthesis with deterministic event controls. Market sentiment is informational and is not individualized investment advice.
bearish 25
Thu 5:09 AM European stocks hit record highs as Nvidia crisis sparks rotation bearish 30 · impact 60
Thu 4:44 AM Nvidia board prepares to oust CEO Jensen Huang over extramarital affairs bearish 25 · impact 90
Thu 4:22 AM Nvidia board reportedly preparing to oust CEO Jensen Huang bearish 20 · impact 90
Thu 4:04 AM Nvidia downgraded by Bernstein on CEO removal risk, shares fall after hours bearish 20 · impact 60
Thu 3:22 AM European stocks rise as tech rotation continues; dollar hits 19-month high neutral 50 · impact 40
Thu 3:12 AM Citi Cuts Nvidia Target to $225 on Leadership Uncertainty neutral 50 · impact 50
Thu 2:52 AM Nvidia leadership uncertainty deepens as Citi cuts target, analysts weigh risks bearish 25 · impact 80
Thu 2:32 AM Global Equities Roundup: Nvidia uncertainty, dollar at 19-month high bearish 30 · impact 70
Thu 1:31 AM Nvidia leadership uncertainty could accelerate shift to alternative suppliers bearish 30 · impact 50
Thu 12:56 AM Nvidia board preparing to oust CEO Jensen Huang bearish 25 · impact 85
Wed 9:43 PM Global Equities Roundup: Market Talk
Wed 8:22 PM Nvidia board reportedly planning to oust CEO Jensen Huang bearish 15 · impact 90
Wed 7:29 PM Nvidia board prepares to oust CEO Jensen Huang over extramarital affairs bearish 20 · impact 90
Wed 6:29 PM Nvidia board prepares to oust CEO Jensen Huang over extramarital affairs bearish 25 · impact 80
Wed 5:53 PM Nvidia board preparing to oust CEO Jensen Huang over extramarital affairs bearish 15 · impact 90 · first wire Nvidia CEO Jensen Huang Ousted; CFO Kress Named Interim Cisco reports record Q1 revenue, lifts FY27 guidance, AI revenue target doubled to $9B Jensen Huang ousted as Nvidia CEO, Silicon Valley reacts with shock Nvidia CEO Jensen Huang resigns; stock falls 4.9%, AMD and Broadcom gain InspireMD wins FDA nod for CGuard Prime TCAR stent, Q3 loss $0.12/share Cisco reports record Q1 revenue, lifts FY27 guidance on AI demand Cisco 1Q adj EPS beats estimates, 2Q and FY outlook above consensus Grand Theft Auto VI Launch Set for Nov. 19; Take-Two Stock Seen as Undervalued Lutnick fights for job as Trump aides blame him for Nvidia chip scandal fallout Yorkville Ives Bullish on Nvidia Despite Huang Departure Nvidia CEO succession: Kress interim, but Huang's AI financing role seen as irreplaceable Nvidia CEO Jensen Huang Resigns Amid Affair Reports; Stock Falls 4.3% Flower Foods cuts Outlook Amid Consumer Spending Pullback InspireMD receives FDA approval for CGuard Prime in TCAR procedures, expects to double US addressable market InspireMD announces proposed public offering of common stock Nvidia CEO Jensen Huang resigns; stock falls 4%, Nasdaq drops 0.4% Yeti misses Q3 estimates, lowers guidance on cautious holiday demand ETFs That Avoid Nvidia Outperform S&P 500 This Year Sempra closes $4.56B infrastructure stake sale to KKR, appoints CFO PRF Technologies receives Nasdaq delisting determination, requests hearing HawkEye 360 reports Q3 revenue up 84%, lifts full-year guidance Oil Rebounds After Trump: US Doesn't Need Iran Deal US 10-year yield closes at 5.102% after largest two-day gain since April 2025 Lilly breaks ground on $3.5 billion Pennsylvania site for obesity drugs Super Micro Computer Falls on DOJ Probe Into Alice Huang gold Falls to 52-Week Low, Settles at $3,889.40 Everest Group faces securities class action over casualty risk disclosures Coastal Financial faces class action over CCBX loan losses Chicago Fed's Goolsbee: inflation going in wrong direction, stokes overheating demand concerns Keurig Dr Pepper prices 58M share offering at $34.50 to fund $2B debt paydown ahead of split Trump suggests Tim Cook for Nvidia CEO; analysts call it unlikely Williams: Fed still has work to do on policy, inflation too high BioNTech undervalued with oncology pipeline and special-situation potential Memory chip stocks fall on Nvidia shakeup; Micron, SK Hynix, Sandisk down 2-4% Aris Mining PFS Shows 5.9 Moz Reserves, $2.8B NPV for Toroparu Gold Project Materials fall as dollar hits 52-week high on Fed rate hike fears SpaceX-Tesla merger talks progressing, deal possible by December Nvidia CEO Jensen Huang resigns; shares fall 4.3% Robinhood Reports October 2026 Operating Data: Net Deposits $15.1B, Crypto Volumes Slide ExxonMobil approves Longtail development offshore Guyana, targets 2030 startup Appeals Court Rules Pacira Owes Royalties on Exparel Made With 200-Liter Process Moderna's cancer-drug spending plan lifts stakes for post-Covid growth Cerebras Reports Q3 Earnings Beat, Revenue $230.9M vs $214.7M Est; Shares Up After Hours Birchcliff Energy forecasts 5% production growth in 2027 to 87,000-90,000 boe/d Lifeway Foods reports record Q3 sales but margin compression crushes profit Cisco Systems lifts FY27 Revenue and Adjusted EPS Guidance Cisco Systems sees 2Q EPS $1.07-$1.09 Cisco Systems fiscal Q1 net income $4.6 billion 2-year Treasury yield rises to 4.862%, posts largest four-day gain since June 2022 Applied Materials CEO: 60% of AI capex goes to semiconductors Iran shifts cyber strategy to cause real-world damage, targeting critical infrastructure Westpac sees RBA rate hikes likely over as housing downturn deepens JGB yields rise 7.5 bp to 2.865% after US Treasury selloff Applied Materials CEO: AI growth depends on semiconductor scaling U.S. natural gas futures extend gains on cold weather, solid LNG exports $NVDA 20·90 $NVDA 30·90 $HYFM 65·85 $NVDA 20·80 $NBIS 25·80 $YETI 20·70 $SRE 70·70 $EG 30·60 label = ticker sentiment·impact · dot size follows impact · click a dot to open the story
