InvestingLive Asia-Pacific market news: Nvidia drops on Huang ouster reports
Nvidia dropped around 7% after hours as reports stated its board is weighing whether to oust CEO Jensen Huang. Its shares were about $161 in after-hours trading, down around 7%, after The Wall Street Journal indicated that the business's board is preparing to oust chief…
In this article
In the latest stock market today update, Nvidia dropped around 7% after hours as reports stated its board is weighing whether to oust CEO Jensen Huang. Its shares were about $161 in after-hours trading, down around 7%, after The Wall Street Journal indicated that the business's board is preparing to oust chief executive Jensen Huang.
Key points
- The Nikkei 225 climbed around 0.25% to about 61,400 and the Topix added around 0.5% in Tokyo.
- Nasdaq 100 futures were down around 0.8%, against around 0.3% for S&P 500 futures.
- Hong Kong's Hang Seng slipped nearly 1%, while the Shanghai Composite added roughly 0.2%.
- Reuters noted the board was meeting on Wednesday to decide his future.
- On balance, the moves suggest traders are treating the Nvidia shock as a governance problem specific to the business.
What happened: Stock market today
Reuters noted the board was meeting on Wednesday to decide his future, and no decision had been made public at the time of writing. Nasdaq 100 futures were down around 0.8%, against around 0.3% for S&P 500 futures. The Nikkei 225 climbed around 0.25% to about 61,400 and the Topix added around 0.5% in Tokyo.
Hong Kong's Hang Seng slipped nearly 1%, while the Shanghai Composite added roughly 0.2%. On balance, the moves suggest traders are treating the Nvidia shock as a governance problem specific to the business, not a verdict on AI demand.
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 05:10 UTC):
| Asset | Last price (USDT) | 24h change | 24h high | 24h low |
|---|---|---|---|---|
| Bitcoin (BTC) | 73,674.39 | -0.04% | 74,811.45 | 73,390.13 |
| Ethereum (ETH) | 2,048.74 | -0.70% | 2,103.78 | 2,035.83 |
| Cardano (ADA) | 0.1729 | -1.03% | 0.1809 | 0.1718 |
On the currency side, the latest ECB daily reference rates (2026-11-11) show EUR/USD 1.1127, GBP/USD 1.3307, AUD/USD 0.6859, NZD/USD 0.5583, USD/JPY 159.23, USD/CHF 0.8299, USD/CAD 1.4235, USD/CNY 6.6707. These are reference fixes, not live quotes.
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 Forex News Today, read CBA’s Chambers sees room for higher US 10-year yields even with the slide in oil prices or see all of today's top market news.
FAQ
What is the latest stock market today news?
Nvidia dropped around 7% after hours as reports stated its board is weighing whether to oust CEO Jensen Huang.
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 investingLive, 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.
