Nasdaq-100 Futures Slip 0.62% After Report on Nvidia CEO
Nasdaq-100 futures fell 0.62% in early Thursday trading. The report said Nvidia’s board was preparing to remove CEO Jensen Huang; S&P 500 futures also dropped, but the supplied text gives no magnitude.
Story updates
10:28:43 AM UTC
SquawkNews
WASHINGTON (dpa-AFX) - Nvidia Corp.'s Board of Directors is considering the ouster of the company's chief executive Jensen Huang after a report about a second affair involving him emerged, reports say.Nvidia's share price plummeted by more than 7 percent in after-hours trading Wednesday after the r…
10:40:03 AM UTC
SquawkNews
By Eliot BrownThe prospect of Jensen Huang's ouster is not sitting well with vassal states in Nvidia's circular financing world.Among the stocks premarket traders are shedding as the Nvidia board weighs its CEO's fate: CoreWeave (down 5%), Iren (down 3%), Coherent (down 3%) and Marvell Technology…
Nasdaq-100 futures slipped in early trading on Thursday as Nvidia (NVDA) shares came under pressure following a report that the chipmaker’s board was preparing to remove CEO Jensen Huang.As of 4.45 a.m. ET, futures linked to the tech-heavy Nasdaq-100 were down 0.62%, while S&P 500 futures dropped 0…