Nvidia shares fell roughly 7% on Monday after CEO Jensen Huang admitted to having an extramarital affair and the company said it was investigating reports he was the “target of a foreign intelligence effort.”

#ceo #nvidia #huang

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Nvidia launches investigation into CEO Jensen Huang over foreign intelligence concerns | CNN Business

Business & Economy

4d ago

Nvidia launches investigation into CEO Jensen Huang over foreign intelligence concerns | CNN Business

Nvidia announced Sunday that it is launching an independent investigation into its chief executive and founder Jensen Huang over concerns that he was the “target of a foreign intelligence effort.”

#ceo #nvidia #jensen-huang

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Trump defends Jensen Huang after the CEO admits affair | CNN Business

Business & Economy

5d ago

Trump defends Jensen Huang after the CEO admits affair | CNN Business

President Donald Trump called Jensen Huang “an honorable guy” after Nvidia launched an investigation into the CEO over foreign spy claims.

#trump #ceo #jensen-huang

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Nvidia launches foreign spy investigation as Jensen Huang admits affair | CNN Business

Business & Economy

5d ago

Nvidia launches foreign spy investigation as Jensen Huang admits affair | CNN Business

Nvidia chief Jensen Huang has admitted to having an extramarital affair as his company announced it will investigate concerns he was the “target of a foreign intelligence effort” by China. CNN’s Hadas Gold reports.

#nvidia #jensen-huang #china

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The vanity economy is taking over America’s downtowns | CNN Business

Business & Economy

5d ago

The vanity economy is taking over America’s downtowns | CNN Business

City streets and suburban shopping malls are being reshaped by our collective obsession with appearance, health and fitness.

#usa

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AI nerves reinforce age-old investing lesson: Get diversified | CNN Business

Business & Economy

5d ago

AI nerves reinforce age-old investing lesson: Get diversified | CNN Business

A $2.5 trillion wipeout for the Nasdaq Composite this week is reminding even the smallest investors just how reliant we’ve all become on the success of the artificial intelligence buildout.

#nasdaq #composite

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Business & Economy

6d ago

Two killed, at least 10 injured in shooting in Polish city of Krakow, TVN24 reports | CNN

‌Two people were killed and at least 10 were injured ⁠in a shooting ⁠near the main market square of Krakow ‌in ⁠southern Poland, TVN24 reported citing the fire brigade.

#polish #krakow #n24

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Market turmoil saps enthusiasm for the buzziest IPO of the year | CNN Business

Business & Economy

1w ago

Market turmoil saps enthusiasm for the buzziest IPO of the year | CNN Business

Anthropic couldn’t have picked a worse time to pull off the biggest IPO the world has ever seen.

#ipo #anthropic

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The US economy added 165,000 jobs in October and the unemployment rate fell | CNN Business

Business & Economy

1w ago

The US economy added 165,000 jobs in October and the unemployment rate fell | CNN Business

Job growth surpassed expectations in October, new data showed Friday, with the US economy adding 165,000 jobs.

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What sparked Wall Street’s crazy sell-off? | CNN Business

Business & Economy

1w ago

What sparked Wall Street’s crazy sell-off? | CNN Business

A stunning $2.5 trillion was wiped off the value of the tech-heavy Nasdaq on Thursday as investors rushed to dump tech stocks, rattled by fears that Democrats’ midterm victories could slow the AI buildout. But another force made the sell-off more brutal: Investors who had borrowed heavily to bet on the boom were under pressure to sell.

#nasdaq #democrats

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Business & Economy

1w ago

Musk spent big money in Texas and lost. Now his business empire braces for what’s next | CNN Politics

What does Elon Musk have to show for his nearly $500 million in campaign spending in the midterms? According to Charlie Warzel, staff writer with The Atlantic, “not a heck of a lot.”

#elon-musk #texas #charlie

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Asian markets follow US rout as AI investment jitters spread | CNN Business

Business & Economy

1w ago

Asian markets follow US rout as AI investment jitters spread | CNN Business

Stock markets in Asia plunged Friday, following a tech-led sell-off in the US on anticipation that newly elected Democratic officials could stymie an AI investment boom that’s driven global stocks to record highs.

#asia

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