‘A dark day for Nvidia’: Here’s what strategists are saying as markets brace for news on Huang's fate
Nvidia market participants were on tenterhooks Thursday morning alongside reports that the chip giant's board had convened to discuss CEO Jensen Huang's future with the business. Huang had engaged in a second extramarital affair with an employee, the New York Times on Wednesday reported.
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On the stock market today front, Nvidia market participants were on tenterhooks Thursday morning alongside reports that the chip giant's board had convened to discuss CEO Jensen Huang's future with the business, according to CNBC World. Huang had engaged in a second extramarital affair with an employee, the New York Times on Wednesday reported.
Inside the Stock market today story
The CEO was already under scrutiny following Huang admitted to having a romantic relationship with a woman American intelligence believes is a Chinese spy. That said, CNBC verified late on Wednesday that the board was meeting to decide whether or not to oust him following over 30 years at Nvidia's helm. The firm's stock is down 7% up to now this week, following tumbling 4.3% on Monday and 5.5% on Tuesday as Huang dominated headlines around the world.
Here's what market watchers are saying about the business and its shares.
Why stock market today matters for traders
Equity moves reflect expectations for earnings, interest rates and economic growth. Strong or weak results from large companies can shift sentiment across whole sectors and indices.
Stock-market sentiment also spills over into currencies: risk-on moods tend to favour higher-yielding currencies, while sell-offs often support safe havens.
Market reaction and data
Crypto prices at the time of writing, from Binance spot data (2026-11-12 10:20 UTC):
| Asset | Last price (USDT) | 24h change | 24h high | 24h low |
|---|---|---|---|---|
| Bitcoin (BTC) | 73,510.71 | -0.37% | 74,811.45 | 73,260.00 |
| Ethereum (ETH) | 2,046.68 | -0.48% | 2,103.78 | 2,035.83 |
What to watch next for stock market today
Traders will track upcoming earnings, guidance from company management, bond yields and macro data that could change the rate outlook.
Key scheduled releases on the economic calendar:
- GBP GDP m/m on Thu Nov 12, 07:00 UTC, forecast 0.0%, previous 0.1%
- USD Core PPI m/m on Fri Nov 13, 13:30 UTC, forecast 0.3%, previous 0.7%
- USD PPI m/m on Fri Nov 13, 13:30 UTC, forecast 0.4%, previous 1.3%
Follow every update in our Top 10 Breaking Market News, read China economy: Lutnick should ban Chinese memory maker CXMT from US, Sen. Cotton notes or see all of today's top market news.
FAQ
What is the latest stock market today news?
Nvidia market participants were on tenterhooks Thursday morning alongside reports that the chip giant's board had convened to discuss CEO Jensen Huang's future with the business.
Why do stock markets react to interest rates?
Higher rates raise borrowing costs and reduce the present value of future profits, which tends to weigh on stock valuations, especially for growth companies.
Where does this information come from?
This report is based on coverage from CNBC World, checked against market data where available. It is a summary for information only and not investment advice.
Risk warning: This article is for information only and is not investment advice. Trading forex, CFDs, stocks and crypto carries a high risk of losing money. Prices move fast – check live quotes before you trade.
