# Live updates: Bitcoin slumps below $72,000 as Nvidia's Huang resigns, interest rates surge

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11 outlets covering · First listed: CoinDesk, Nov 12, 2026, 3:15 AM · Read it: <https://www.coindesk.com/tech/2026/11/12/live-news-strategy-kicked-out-of-msci-indexes-as-nvidia-slump-rattles-markets>

Nasdaq 100 futures are down more than 1%, with Nvidia falling 10% on the news.

AI summary (may contain mistakes): Jensen Huang has resigned as Nvidia CEO. Reports cited affairs, including one with an alleged Chinese spy, and national security concerns; Nvidia said CFO Colette Kress will serve as interim chief executive. The company accepted his resignation yesterday, according to a filing.

## Who's covering it

In the order they published:

- Nov 11, 2026, 11:43 AM: [Jensen Huang must resign](<https://www.economist.com/leaders/2026/11/11/jensen-huang-must-resign>) — The Economist (Magazine, United Kingdom)
  And his should not be the only head to roll
- Nov 11, 2026, 4:48 PM: [Jensen Huang Resigns From Nvidia After Affairs](<https://www.nytimes.com/2026/11/11/technology/nvidia-jensen-huang.html>) — New York Times (Newspaper, United States)
  The chief executive has been under scrutiny for an affair with a woman said to be a Chinese spy, as well as for a relationship with a subordinate at his A.I. chip company. Nvidia’s finance chief, Colette Kress, was named interim leader.
- Nov 11, 2026, 5:10 PM: [Nvidia CEO Jensen Huang has resigned](<https://arstechnica.com/gadgets/2026/11/ceo-jensen-huangs-job-is-suddenly-on-the-line-at-nvidia/>) — Ars Technica (Digital news, United States)
  The FBI is investigating as Nvidia’s board holds urgent talks over Huang’s future.
- Nov 12, 2026, 3:15 AM: [Live updates: Bitcoin slumps below $72,000 as Nvidia's Huang resigns, interest rates surge](<https://www.coindesk.com/tech/2026/11/12/live-news-strategy-kicked-out-of-msci-indexes-as-nvidia-slump-rattles-markets>) — CoinDesk (Specialist, United States)
  Nasdaq 100 futures are down more than 1%, with Nvidia falling 10% on the news.
- Nov 12, 2026, 7:51 AM: [Jensen Huang resigns as Nvidia chief executive](<https://www.ft.com/content/b4a0f3d9-f075-47ea-9a85-77cdade9a06f?syn-25a6b1a6=1>) — Financial Times (Newspaper, United Kingdom)
  Shares in chipmaker tumble 13% after group says chief financial officer Colette Kress to take over as interim head
- Nov 12, 2026, 7:56 AM: [Jensen Huang resigns as Nvidia CEO immediately](<https://www.reuters.com/live/nvidia-live-board-meets-fate-ceo-jensen-huang-after-affair-reports-2026-11-12/>) — Hacker News (Aggregator, United States)
- Nov 12, 2026, 7:58 AM: [Jensen Huang Resigns as Nvidia CEO](<https://www.wired.com/story/nvidia-ceo-jensen-huang-steps-down/>) — Wired (Magazine, United States)
  Nvidia’s cofounder and chief executive resigned on Thursday after the company opened an investigation into his affair with an alleged Chinese intelligence asset.
- Nov 12, 2026, 8:04 AM: [Jensen Huang is out as NVIDIA CEO](<https://www.engadget.com/2314584/jensen-huang-is-out-as-nvidia-ceo/>) — Engadget (Digital news, United States)
  He has held the position since the company's founding.
- Nov 12, 2026, 8:21 AM: [Jensen Huang resigns as Nvidia chief executive](<https://www.theregister.com/systems/2026/11/12/jensen-huang-resigns-as-nvidia-chief-executive/5309411>) — The Register (Digital news, United Kingdom)
  Company accepted resignation yesterday, it reveals in filing
- Nov 12, 2026, 8:25 AM: [Nvidia CEO Jensen Huang Resigns](<https://www.cnet.com/tech/services-and-software/nvidia-ceo-jensen-huang-resigns/>) — CNET (Digital news, United States)
  The company’s founder stepped down after reports of multiple affairs.
- Nov 12, 2026, 8:39 AM: [Jensen Huang officially resigns as Nvidia CEO](<https://mashable.com/tech/jensen-huang-resigns-nvidia-ceo>) — Mashable (Digital news, United States)
  Jensen Huang resigned as Nvidia CEO and left its board effective immediately. CFO Colette Kress will serve as interim CEO.
