Nvidia stock rebounds 6% after Jensen Huang’s resignation

First reported by CryptoNews at Thu 12:45 AM · 25 outlets in all

1. Crypto Briefing43mNvidia stock rebounds 6% after Jensen Huang’s resignationNvidia's stock rebound hints at renewed investor confidence, suggesting potential strategic realignment and growth amid leadership changes.
2. Financial Times(subscription required)1hWill Jensen Huang sell his $135bn of stock?Any attempt by Nvidia co-founder to offload his shares would unnerve investors but is fraught with legal and price risks
3. CNBC5hNvidia stock tries to recover from Jensen Huang resignation sell-offJensen Huang resigned as CEO of Nvidia on Thursday after coming under scrutiny for two extramarital affairs.
4. Wall Street Journal(subscription required)7hAsia’s Stock Rebound Fades as Nvidia Uncertainty LingersThe tentative rebound in Asia’s bruised technology stocks faded Friday afternoon as bearish sentiment overpowered the initial lift.
5. Business Insider(subscription required)14hPhotos show flowers outside Nvidia’s headquarters following Jensen Huang’s resignationApparent tributes to Jensen Huang were photographed outside Nvidia's headquarters following his resignation in the midst of an affair scandal.
6. The Hill15h5 takeaways from Nvidia’s Jensen Huang scandalCorporate America is in the midst of its most dramatic scandal in years. Jensen Huang, the CEO and co-founder of Nvidia, resigned Thursday after admitting to one extramarital affair, with a woman suspected of being a Chinese agent, and amid new reporting of a second affair, this time with an Nvidia colleague. The vast company…
7. PBS NewsHour16hWhat we know after Jensen Huang's resignation as Nvidia's CEONvidia announced Huang's resignation on Thursday, effective immediately. The California-based company said that Colette Kress — who has been Nvidia's chief financial officer and executive vice president since 2013 — will step into the role of interim CEO.
8. Wired(subscription required)16hJensen Huang Is Out. Will Nvidia’s Rivals Cash In?In a special episode of “Uncanny Valley,” we break down Jensen Huang’s resignation from Nvidia, what comes next for the company, and where the AI industry goes from here.
9. The Verge17h‘It’s a mistake’: reactions from tech leaders on Jensen Huang’s resignationNvidia announced this morning that Jensen Huang has resigned as CEO following reports of two affairs, including one with an alleged Chinese spy and one with a direct report. The situation surrounding Huang has unfolded quickly, with The New York Times only reporting on Friday that Huang and the suspected spy were "close" before other
10. Forbes17hJensen Huang’s Net Worth Is Down 12% This Week As Affairs Scandal Hits Nvidia StockJensen Huang started the week with a net worth of $162.2 billion, and ended Thursday’s trading day at $143 billion.
11. ABC News18hRepublicans push for Jensen Huang's testimony following Nvidia CEO's resignation"I don't think he's got anything to hide now. Let it fly," Rep. Burchett said.
12. Techmeme19hSources: Jensen Huang had an intimate relationship with a second employee; revelations about two other extramarital affairs led to his resignation (Reuters)
13. NY Post19hCalifornia Dem’s wife caught in curious Nvidia trade before Jensen Huang sex scandals imploded stockA trust linked to the wife of Rep. Ro Khanna sold Nvidia shares near their peak — just weeks before a sex-and-spy scandal engulfed the company and led to Jensen Huang’s ouster as CEO.
14. CBS News19hHere's how Jensen Huang's abrupt resignation unfolded at NvidiaJensen Huang's shocking exit as CEO of Nvidia unspooled suddenly, yet signs of trouble had emerged much earlier.
15. CNN20hJensen Huang’s resignation shows the “AI King” wasn’t untouchable
16. Yahoo News20hJensen Huang's resignation and its impact on Nvidia and the AI industry
17. Fortune(subscription required)21hJensen Huang’s downfall cut the P/E of Nvidia stock by a third. But don’t call it a bargain yetWall Street calls it panic selling. But losing the CEO who held off commoditization could justify every dollar of the $2 trillion wipeout.
18. Mashable22hNvidia stock plunges as CEO Jensen Huang resigns: How low it might goNvidia stock dipped sharply on the news of Jensen Huang's resignation, which followed reports he engaged in multiple affairs.
19. MS NOW24hNvidia CEO Jensen Huang agrees to testify to Congress after resignation, key House member saysReports say the artificial intelligence pioneer, who resigned Thursday, admitted to two extramarital affairs, including with a woman U.S. intelligence reportedly suspected was a Chinese spy.
20. Engadget24hJensen Huang is out as NVIDIA CEOHe has held the position since the company's founding in 1993, but has recently been embroiled in an international scandal.
21. Hacker News24hJensen Huang resigns
22. Fox News25hSound off on Jensen Huang's resignation from NvidiaWhat's Nvidia's future after the resignation of CEO Jensen Huang amid scandals? Weigh in here!
23. New York Times(subscription required)26hNvidia Stock Tumbles After Jensen Huang Resigns as CEONews that the chipmaker’s chief executive, Jensen Huang, resigned drove Nvidia’s stock down, though the broader market rose slightly.
24. MarketWatch31hJensen Huang built Nvidia into a behemoth. His resignation puts the entire AI boom in jeopardy.Huang fueled his company and the AI ecosystem with advanced chips and creative financing deals across the supply chain. What will happen now that’s he gone?
25. CryptoNews32hBitcoin Price Rebounds Despite Quantum Threat as Nvidia’s Jensen Huang Faces Ouster After Two AffairsBitcoin price rebounds as Glassnode flags $500B in quantum-exposed BTC and Nvidia weighs removing CEO Jensen Huang. What's next?