Nvidia's Jensen Huang to Step Down; Wall Street Opens Split
Jensen Huang, Nvidia's founder and long-time president, is stepping down, and the news hit the market before the opening bell. Stocks opened mostly lower, with the Nasdaq 100 down 1.43% and the S&P 500 off 0.74%, while the Dow edged higher.
- 5 sources report it: breakingthenews.net, msn.com, coinpedia.org, finance.yahoo.com and 1 more.
- The source published it on Nov 12, 2026 at 2:31 PM.
Nothing open. Every check passed.
Jensen Huang, Nvidia's founder and long-serving president, will resign, according to Breaking The News. The announcement landed before Thursday's opening bell and rippled across the tech sector, with several major names sliding alongside the chipmaker. The Dow Jones Industrial Average was the odd one out, adding 0.09%.
The Nasdaq 100 took the hardest hit, falling 1.43%, while the S&P 500 dropped 0.74%. Huang has been the public face of Nvidia through its rise to the center of the AI boom, making his exit an immediate jolt for investors holding the stock and its peers.
Pressure came from the policy side too. Federal Reserve Bank of Cleveland President Beth Hammack said tighter monetary policy will be needed to tackle inflation, sharpening worries about where the central bank heads next.
In currencies, the euro gained 0.08% against the dollar, selling for 1.10972 at 9:27 am ET.
This story is developing.
TopicsNvidia · Jensen Huang · Wall Street · Nasdaq 100 · S&P 500 · Dow Jones Industrial Average · Beth Hammack · Federal Reserve Bank of Cleveland
Written by Paparazzi with AI. Not financial advice.
More stories
- Tech & AIx.com0viewsAMD Crushes Nvidia by 53.2 Points in Five Days, Biggest Gap Since 1999
- Tech & AItechcrunch.com0viewsUber tells drivers hackers swiped license data from vendor Fireworks AI
- Tech & AIcryptobriefing.com0viewsAnthropic's $131.7B cash pile ranks third among US non-bank firms
- Tech & AIcryptobriefing.com0viewsAnthropic Files for Record IPO That Could Raise $64.35B