Nvidia shares slide after fresh Huang allegations

Loading player...
Shares in AI giant Nvidia fall following allegations CEO Jensen Huang had second affair.
And Singles' Day is the big retail event of the year for the Chinese economy, but early signs suggest shoppers aren't spending. With Black Friday and Cyber Monday a few weeks' away, and inflation running hotter than expected, will US consumers also be reluctant to spend?
And as Spain's first general strike in 14 years draws to a close, we hear from the picket lines in Madrid.
Photo: Lisi Niesner, Reuters.
11 Nov 6PM English United Kingdom Business

Other recent episodes

US Airlines grounded

All flights grounded in the US due to 'extraordinary circumstances' as a communications glitch hits air traffic control centres. The software giant says its Microsoft 365 suite is slowly being restored to normal use. Products like Teams, Word and Co-pilot were all affected during the outage. A row has broken…
13 Nov 6PM 26 min

Out of Office: Are we too reliant on Microsoft?

It's estimated that half a billion people were hit by Microsoft's Outlook outage. Microsoft says today's disruption was due to an internal failure rather than an external attack. But are we over-reliant on this workplace favourite? Elsewhere we take stock of what's ahead for Nvidia after a torrid week of…
13 Nov 11AM 10 min

Nvidia without Jensen Huang: What happens next?

Nvidia has lost the man who built it into one of the world's biggest companies. Jensen Huang has resigned as chief executive following reports about his personal relationships, leaving the AI chipmaker facing questions about what comes next. The company's finance chief has stepped in temporarily, but with Huang having…
12 Nov 6PM 26 min

Jensen Huang out at Nvidia

Nvidia names Colette Kress to replace Jensen Huang as CEO after the AI chips company co-founder accused of second extramarital affair. Wall Street investors sold off the tech stock heavily in early trading, wiping hundreds of millions dollars more off the company's value. Elsewhere we get reaction to reports that…
12 Nov 11AM 8 min

Spain's national strike grinds business to a halt

Ahead of crucial elections this month,Spanish workers take part in a national strike over affordability. Will it be an economic blip or a seismic shock to politicians in Madrid? Elsewhere, we hear from a retail expert in Shanghai calling this year's Singles Day a dud and learn about the risks…
11 Nov 11AM 10 min