Another Scandal of Jensen Hunag Moves the Stock Markets - We Show What Is Happening in the Markets
4 Articles
4 Articles
Taiex plunges over 1,100 points amid Nvidia controversy
Taipei, Nov. 12 (CNA) Shares in Taiwan plunged over 1,100 points Thursday as investors feared a sell-off on Wall Street following heavy losses in Nvidia futures amid controversy surrounding its CEO Jensen Huang (黃仁勳), dealers said.
Another scandal from Jensen Huang is shaking the mood in the stock markets this morning, Nvidia's price fell sharply after closing, US futures indices also turned negative and Asian stock markets also mostly see falls. However, Europe looks resilient this morning, trading could start with a rise based on the futures indices.
Allegations that Nvidia CEO Jensen Huang may be removed from his post increased selling pressure in global markets. The company's shares fell nearly 8% in after-hours trading, and AI companies were also affected by the developments. The dollar strengthened, while gold remained below $4,000.
📉 Nvidia shares fell by up to 10% on the possibility of Jensen Huang's departure. 🌏 Nasdaq 100 futures fell by 1.2%, and the Taiwan index declined by 2.6%. 🏦 The 30-year US Treasury yield fell to 5.33%. The 10-year yield remained at 4.99%. 💱 The Indonesian Central Bank intervened after the rupiah fell to a record low. 🛢️ Brent oil fell below $92, and gold continued its decline. Read More: Global stock markets declined, sales concentrated in…
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