Huang Resigns, Nvidia Shares Slide
8h
Nvidia shares fell about 5% after Chief Executive Jensen Huang resigned, weighing on Wall Street, where major U.S. indexes closed lower Thursday.
Reposted by Stacy D. VanDeveer, Nathan P. Kalmoe, Robert Black
Turns out that is not true. Trump dumped a HUGE stake in NVIDIA stock.
He didn't warn Huang. He didn't order investigations into national security risks.
Turns out that is not true. Trump dumped a HUGE stake in NVIDIA stock.
He didn't warn Huang. He didn't order investigations into national security risks.
They still owe Congress answers.
They still owe Congress answers.
Reposted by Greg Linden
Main Link | Techmeme Permalink
Main Link | Techmeme Permalink
Reposted by Daniel W. Drezner
AP: The company named Colette Kress as interim CEO. Shares of Nvidia, one of the largest companies in the world, plunged 10% in premarket trading.
AP: The company named Colette Kress as interim CEO. Shares of Nvidia, one of the largest companies in the world, plunged 10% in premarket trading.
Yet, far from concluding this episode, it is just one chapter of a bigger issue with economic, financial, and geopolitical repercussions...
Yet, far from concluding this episode, it is just one chapter of a bigger issue with economic, financial, and geopolitical repercussions...
by Ian Bremmer
last night’s dip alone = big tech’s fourth worst one-day loss (-$360b)
jensen: out
last night’s dip alone = big tech’s fourth worst one-day loss (-$360b)
jensen: out
The situation will remain in the spotlight, not only as the company navigates the loss of its highly-influential founder, but also as various political investigations (formal and informal) unfold.
#economy #markets @nvidiabot.bsky.social #nvidia #JensenHuang
The situation will remain in the spotlight, not only as the company navigates the loss of its highly-influential founder, but also as various political investigations (formal and informal) unfold.
#economy #markets @nvidiabot.bsky.social #nvidia #JensenHuang
by Amir Attaran
by Amir Attaran
After the earlier Nvidia-led selloff, all three major indices rebounded and are currently trading higher for the day.
(CNBC data below.)
#economy #markets #nvidia #investors #investing
After the earlier Nvidia-led selloff, all three major indices rebounded and are currently trading higher for the day.
(CNBC data below.)
#economy #markets #nvidia #investors #investing
Reposted by Greg Linden
Main Link | Techmeme Permalink
Main Link | Techmeme Permalink
Reposted by Nicolas Véron
by Steve Peers
www.wsj.com/business/nvi...
www.wsj.com/business/nvi...
Reposted by Edgar Morgenroth