Live: ASX to fall as Nvidia shares tumble following CEO exit
Quick Look
- Australian shares are set to open lower after Wall Street wavered, with Nvidia shares plunging following CEO Jensen Huang's resignation amid allegations of two extramarital affairs, including one with a woman suspected by US intelligence of being a Chinese spy.
- Microsoft platforms including Outlook were hit by a widespread outage.
AI-generated summary
Why It Matters
Australian shares are set to open lower after Wall Street wavered. Nvidia shares plunged following CEO Jensen Huang's resignation, which follows revelations of two alleged extramarital affairs, including one with a woman suspected by US intelligence of being a Chinese spy. Microsoft platforms including Outlook were hit by a widespread outage.
Australian shares are set to open lower after Wall Street wavered, with Nvidia shares plunging following the resignation of CEO Jensen Huang.
His departure follows revelations of two alleged extramarital affairs, including one with a woman suspected by US intelligence of being a Chinese spy.
Meanwhile, Microsoft platforms, including Outlook, has been hit by a widespread outage.
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What to Watch
AI outlook — possibilities, not facts
Nvidia shares will continue to decline in the immediate term following the CEO resignation
Likely · Within hours
Open Questions
- What specific impact will Jensen Huang's resignation have on Nvidia's stock price?
- What is the extent and duration of the Microsoft outage?
- Has US intelligence confirmed the espionage allegations?