Nasdaq today: Nasdaq defies Nvidia impact as Huang faces espionage affair probe
Nvidia CEO Jensen Huang has issued an apology to his family, the firm and traders following admitting to an affair with a woman who is alleged to be a Chinese spy. The stock is under heavy selling pressure in premarket trading, at present down over…
In this article
In the latest Nasdaq today update, Nvidia CEO Jensen Huang has issued an apology to his family, the firm and traders following admitting to an affair with a woman who is alleged to be a Chinese spy, according to CNBC World. The stock is under heavy selling pressure in premarket trading, at present down over 5% and lower by over 6% in Frankfurt.
Key points
- Alice Huang works for Megaspeed, a Singapore-based cloud firm that is an Nvidia customer.
- US intelligence services have reportedly expressed worry that the woman, Alice Huang.
- Megaspeed has been accused of helping restricted Chinese businesses acquire AI chips.
What happened: Nasdaq today
US intelligence services have reportedly expressed worry that the woman, Alice Huang, has been passing information to Beijing. Alice Huang works for Megaspeed, a Singapore-based cloud firm that is an Nvidia customer. Megaspeed has been accused of helping restricted Chinese businesses acquire AI chips.
Why Nasdaq 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 (2026-11-09 11:09 UTC):
| Asset | Last price (USDT) | 24h change | 24h high | 24h low |
|---|---|---|---|---|
| Bitcoin (BTC) | 74,061.75 | -2.45% | 76,200.00 | 73,510.00 |
| Ethereum (ETH) | 2,105.88 | -5.84% | 2,246.00 | 2,060.00 |
What to watch next for Nasdaq 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:
- USD Core CPI m/m on Tue Nov 10, 13:30 UTC, forecast 0.2%, previous 0.3%
- USD CPI m/m on Tue Nov 10, 13:30 UTC, forecast 0.3%, previous 0.6%
- 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 Inflation data: Treasury yields stable as market participants await more economic data or see all of today's top market news.
FAQ
What is the latest Nasdaq today news?
Nvidia CEO Jensen Huang has issued an apology to his family, the firm and traders following admitting to an affair with a woman who is alleged to be a Chinese spy.
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.
