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November 12, 2026

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What next for Nvidia stock as board considers ousting Jensen Huang?

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Nvidia stock plunged in the extended hours after reports that the company’s board of directors was meeting and planning to oust Jensen Huang. NVDA erased the gains it made in the regular session and dropped to a low of $158, its lowest level in months. It has now plunged into a bear market after falling by 34% from its highest point this year.

Nvidia board is planning to remove Jensen Huang

According to the Wall Street Journal, Nvidia’s board of directors is planning to remove Jensen Huang as Chief Executive, marking one of the biggest downfalls in corporate history.

The move comes after Huang admitted to infidelity, including to Alice Huang, a Chinese national who is believed to be a spy. Most importantly, the WSJ reports that Huang was also in another affair with an employee. 

It is possible for a board to remove a company’s founder from its leadership, especially when they don’t have a majority shareholding. In this case, Huang owns less than 10% of the company, which is currently valued at $145 billion. According to Bloomberg, Huang’s net worth has slumped by over $23 billion year-over-year. 

Huang admitted to having an affair in a note to employees on Sunday. This note came a few weeks after the New York Times reported that he was seeing Alice Huang, an employee of Megaspeed, a Singapore-based company. 

Huang’s removal presents a major risk

The potential removal of Jensen Huang as the CEO presents a major risk for Nvidia. For one, Huang has been in the industry for over three decades and is seen as a visionary leader. 

Most importantly, it presents a major risk because the company has not been doing any succession planning. As such, it is unclear who will become the CEO if he departs and whether he will be as effective as Huang. 

Also, the allegations could open the company to further investigations now that Democrats have won the midterm elections. One area they will look at is whether Nvidia has been selling its chips to China. In a report released in May, Culper Research estimated that about 20% of the company’s sales were from China. In all its recent earnings reports, Nvidia has maintained that it made no money in China. 

On the positive side, many companies have survived after the removal of their popular CEOs. A good example of this is Apple, which has become the biggest company in the world. Apple’s board of directors fired Steve Jobs in 1985 and then rehired him in 1997. Since then, the company thrived, including by launching the iPhone. 

Looking ahead, Nvidia shares will be highly sensitive to the actions of the board. At the same time, it will be sensitive to next week’s earnings report, which will provide more hints about its operations. These results are expected to show that its revenue growth intensified, with Yahoo Finance estimating that it hit $108 billion.

Nvidia stock price technical analysis

NVDA stock chart | Source: TradingView

The daily chart shows that the NVDA stock price has been in a strong downward trend in the past few weeks. This sell-off intensified on Monday after Huang admitted to infidelity. After rebounding on Wednesday, the stock retreated to $158 in the extended hours after reports on his removal. 

The stock has remained below all moving averages and is now below the key support level of $164, its lowest level in March. Therefore, there is a likelihood that it will drop further in the

The post What next for Nvidia stock as board considers ousting Jensen Huang? appeared first on Invezz

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Diversifying the Digital Portfolio in an AI World

Investing 2 Mins Read

For many investors over the last year, the conversation around technology has begun and ended with Nvidia. The chipmaker’s meteoric rise has turned it into the primary engine of market growth, creating a gravitational pull that makes other opportunities seem insignificant. However, relying solely on one hardware giant can leave a portfolio vulnerable to volatility, prompting experts to look toward the broader ecosystem that allows artificial intelligence to actually function.

One area gaining significant traction is the energy infrastructure required to power massive data centers. As AI models grow more complex, their appetite for electricity becomes insatiable, shifting focus toward smart grid technologies and sustainable power sources. Investors are increasingly realizing that while chips provide the brainpower, stable energy is the heartbeat of the entire operation, making utility upgrades and green energy integration essential pillars for long term growth.

Beyond power, there is a growing interest in cybersecurity firms capable of defending against AI driven threats. As hackers leverage automation to create more sophisticated attacks, companies that offer autonomous defense systems are becoming indispensable. This creates a symbiotic relationship where every leap forward in generative AI necessitates an equal leap in digital security, ensuring that protection software remains a constant necessity regardless of which specific AI model wins the popularity contest.

Finally, attention is shifting toward edge computing and specialized software applications that bring AI directly to consumer devices rather than keeping it locked in distant clouds. By processing data locally on smartphones and industrial sensors, these technologies reduce latency and improve privacy. Moving away from a single point of failure like one dominant chip manufacturer allows investors to capture value across the entire pipeline, from the power plants and security shields to the handheld devices in our pockets.

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Business

High Street Battle Intensifies Over Future of Poundland

Business 2 Mins Read

Poundland appears to have dodged an immediate collapse after its American owners signaled they are open to extending the deadline for a rescue deal. The discount giant, which employs roughly 11,000 people across 600 stores, had been spiraling toward administration due to a restrictive grip on its finances held by investment firm Gordon Brothers. While a critical midnight cutoff loomed, insiders suggest that recently released funding will buy the company precious extra time to secure a sustainable buyer.

The situation has sparked a political firestorm, with members of Parliament accusing Gordon Brothers of acting like wolves on Wall Street. During a tense hearing with the business and trade committee, lawmakers suggested the investment firm might be intentionally squeezing the retailer to profit from selling off assets piece by piece rather than saving the brand as a whole. At the center of the dispute is approximately 50 million pounds in frozen funds that left managers unable to properly stock shelves or cover essential costs just as the busy Christmas shopping season began.

Despite these tensions, there is evidence that the core business remains resilient. Chief executive Barry Williams reported that like for like sales have climbed significantly and noted an annual profit of over 18 million pounds, marking a sharp turnaround from previous losses. However, Gordon Brothers continues to maintain that the chain is fragile and vulnerable, arguing that splitting the estate among rivals such as Tesco or B&M might actually be the safest way to preserve some employee roles.

With three separate bids already on the table and another ten days granted following a fresh injection of nine million pounds into operating accounts, the focus now shifts back to the boardroom. For thousands of workers and shoppers relying on affordable goods during a cost of living crisis, the next fortnight represents a desperate race to find an owner willing to prioritize stability over short term liquidation profits.

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Stock

Nasdaq futures sink amid Nvidia CEO crisis: 5 things to know before Wall Street opens

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US stock futures were mixed early Thursday as renewed uncertainty surrounding Nvidia’s leadership threatened to interrupt Wall Street’s recovery.

Nasdaq-100 futures fell over 170 points, or 0.63%, while S&P 500 futures declined 0.31%. Dow futures edged higher in overnight trading.

The cautious sentiment followed Wednesday’s rebound, when the S&P 500 gained 1.3%, the Nasdaq advanced 1.6% and the Dow rose 0.5%.

5 things to know before Wall Street opens

1. Nvidia’s leadership uncertainty unsettles global technology stocks

Nvidia shares plunged more than 8% in Wednesday’s extended trading after reports that its board was considering removing founder and CEO Jensen Huang.

The reported leadership crisis threatens to disrupt the recovery in semiconductor shares, which had helped lift US markets during Wednesday’s session.

The uncertainty spread across Asian technology markets on Thursday, with Taiwan’s benchmark index falling approximately 2.8%.

2. Treasury yields and Fed rate expectations remain in focus

Wall Street continues to assess the consequences of Tuesday’s stronger-than-expected US inflation report.

October consumer prices increased 0.4% month-on-month, exceeding economists’ forecast of 0.3%. Core inflation also rose 0.3%, above the expected 0.2%.

The figures prompted traders to increase expectations that the Federal Reserve could raise interest rates at its December meeting.

The benchmark 10-year Treasury yield approached 5% on Tuesday, while the dollar strengthened as investors adjusted their monetary policy forecasts.

3. US jobless claims and housing data could shift market expectations

Investors face two important economic releases on Thursday that could provide fresh evidence about the strength of the US economy.

Weekly initial jobless claims are scheduled for 8:30 a.m. ET. Economists expect approximately 195,000 new applications, compared with 189,000 the previous week.

October existing-home sales are due at 10 a.m. ET, offering another assessment of housing demand amid elevated mortgage rates and affordability pressures.

Stronger economic readings could reinforce expectations that interest rates will remain elevated.

4. Oil prices rebound as geopolitical risks counter supply concerns

Oil prices reversed early losses on Thursday as persistent Middle East tensions complicated expectations of an easing global supply outlook.

Brent crude rose 0.49% to $93.21 a barrel by 07:32 GMT, while West Texas Intermediate gained 0.31% to $86.80.

Both benchmarks had fallen more than $1 earlier in the session.

Investors are weighing higher OPEC+ production against continuing disruptions around the Strait of Hormuz and uncertainty surrounding US-Iran negotiations.

5. Cisco and Applied Materials earnings put technology spending to the test

Investors will turn their attention to Cisco Systems and Applied Materials, which are scheduled to report quarterly results after Thursday’s closing bell.

Cisco’s earnings will provide insight into enterprise networking demand, including spending on infrastructure supporting artificial intelligence.

Applied Materials will offer a separate perspective on semiconductor manufacturing investment and demand for advanced chipmaking equipment.

The results follow a strong Wednesday rally in AI infrastructure stocks, led by CoreWeave’s nearly 25% surge after its latest earnings.

AI disclosure: AI tools assisted with research and drafting of this piece. An Invezz editor reviewed the facts, sources and wording before publication. Any opinions or analysis are Invezz’s, not those of an automated system.

The post Nasdaq futures sink amid Nvidia CEO crisis: 5 things to know before Wall Street opens appeared first on Invezz

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Beyond the Stock Market: Why Billionaires Are Redefining Their Portfolios

Investing 2 Mins Read

The world’s wealthiest individuals are quietly shifting their financial strategies, moving away from a historical reliance on stocks and bonds toward a diverse array of alternative investments. From global family offices to Asian billionaires, there is a growing appetite for hedge funds, private equity, and infrastructure projects. This trend is driven largely by an environment of stubborn inflation and geopolitical instability, leaving many high-net-worth investors feeling that traditional portfolios no longer offer sufficient protection against sudden market crashes.

Recent data highlights just how dramatic this pivot has become. In the Asia-Pacific region, JPMorgan Asset Management reported a staggering forty percent surge in alternative asset holdings over the last year. Some reports suggest that within single-family offices, these non-traditional assets now make up sixty percent of total portfolios, overtaking public markets for the first time. Investors are specifically drawn to hedge funds and private credit because they provide returns that aren’t strictly tied to whether the stock market is trending up or down, allowing them to preserve purchasing power even when volatility spikes.

Beyond financial instruments, physical infrastructure has become a primary target for the super-rich, fueled in large part by the artificial intelligence revolution. The massive need for data centers and upgraded electrical grids has created a gold mine for those seeking long-term growth paired with predictable cash flows. While private equity remains a staple, wealthy families are becoming more surgical in their approach, opting for direct company investments or buying existing fund stakes at a discount rather than simply dumping money into general pools.

However, experts warn that this migration isn’t without its perils. Unlike public stocks, these assets often lock up capital for years, meaning investors cannot easily exit their positions during a crisis. There is also the risk of hidden concentration; someone might believe they are diversified while actually being overexposed to the AI bubble across multiple different fund types. Despite these warnings, the trend appears firmly entrenched. Rather than selling off their shares in public companies, the wealthy are using fresh piles of cash to build a sophisticated safety net designed to weather an unpredictable economic future.

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Business

Crisis at the Core of AI as Nvidia Board Moves Against Jensen Huang

Business 2 Mins Read

Investors sent Nvidia shares tumbling during after hours trading on Wednesday following reports that the company’s board of directors is moving to remove founder and CEO Jensen Huang. The stock dropped over eight percent to 159.51 dollars, adding to a staggering loss of more than 450 billion dollars in market value since an internal probe into Huang’s conduct began earlier this month. This latest instability comes after Huang admitted in a message to staff that he had engaged in an extramarital affair, expressing deep regret to his family.

The situation has escalated beyond a personal scandal due to troubling connections involving national security. U.S. intelligence agencies have reportedly linked Huang to Alice Huang, a former executive at Megaspeed International who is suspected of being an asset for China’s Ministry of State Security. Because Megaspeed has been one of Nvidia’s largest international clients, spending billions on AI hardware, the FBI is now investigating whether these romantic and business ties compromised sensitive interests. President Trump confirmed the federal probe this week, while members of Congress prepare to question how Nvidia’s cutting edge technology may have reached China via third parties.

Industry analysts warn that losing Huang would be a catastrophic blow because there is no clear successor capable of filling his role as the visionary leader of the AI revolution. As the man who anticipated the current boom long before the arrival of ChatGPT, Huang became synonymous with the company’s meteoric rise. Experts note that his alleged actions likely violated Nvidia’s own strict code of ethics regarding conflicts of interest and professional standards, leaving the board with little choice but to act despite the risk to the company’s stability.

Wall Street observers are now bracing for a period of extreme volatility as they speculate on who could possibly lead the world’s most influential chipmaker through such a storm. Some analysts describe the sudden collapse of Huang’s leadership as surreal, noting that while he may be irreplaceable from a strategic standpoint, the combination of ethical lapses and potential espionage concerns makes his continued tenure untenable. For now, shareholders remain anxious about how government investigations and a change in leadership will reshape Nvidia’s dominance in the global semiconductor market.

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