Nvidia PE falls to 14-year low, but CEO exit and AI worries cloud the bargain

PM Modi extends Chhath wishes, thanks journalists for joining amid busy schedules

Nvidia faced pressure to boost its AI backstop before Jensen Huang's exit

Nvidia's ambitious $500 billion AI financing partnership with six major Wall Street firms is facing hurdles, with customers and financial partners seeking a larger financing backstop than the chipmaker's proposed 25%. No deals have emerged so far, and Jensen Huang's exit as CEO adds uncertainty, potentially delaying the first transaction until January.

Logitech at Adobe MAX 2026 | Customisable dial pad and MX Master 4 Creator Edition

Global Market Today: Asian stocks gain after Nvidia shakeup, oil steady

The MSCI Asia Pacific Index rose 0.3%, led by gains in South Korea. US equity futures also advanced, with Nasdaq 100 contracts up 0.6% and those for the S&P 500 gaining 0.4% after both underlying benchmarks fell Thursday. Nvidia, the company at the heart of the AI boom, dropped 4.3% after Chief Executive Officer Jensen Huang was ousted.

Morning Brief Podcast: The AI Boom Hits a Political Wall. Can India Cash In?

Jensen Huang's third affair revealed after Nvidia exit; latest involves another employee: Report

Ousted Nvidia CEO Jensen Huang had an intimate relationship with a second employee, Reuters reported, days after his resignation following revelations of two other extramarital affairs. The disclosures triggered a board investigation into possible foreign intelligence involvement, while Nvidia appointed finance chief Colette Kress interim CEO. Its shares fell 5.5% Thursday.

Cancer Drugs: 1,000% Markups, Price Cuts & the Hospital Profit Puzzle

Cancer Drugs: 1,000% Markups, Price Cuts & the Hospital Profit Puzzle

Anthropic IPO draws sixfold demand, targets $1.4 trillion valuation

The strong investor response comes as the artificial intelligence company prepares a potentially record-breaking listing alongside a substantial private placement

'US will put entire world into depression': GOP Rep's dire debt warning, 'borrowing $80K per second'

US Stock market down: Why did S&P 500, Dow Jones, Nasdaq, Russell 2000 fall? List of hit, flop Wall Street stocks

Wall Street Stocks broadly felt pressure from a rise in oil prices after President Donald Trump said he’s no longer interested in a deal with Iran to end their war.

Is Microsoft Outlook still down and when will it be back up? Here's latest Microsoft 365, Teams, Copilot, SharePoint, Defender, To Do and Purview outage update

Microsoft Outlook still down? Thousands of users across the US and the UK reported issues in accessing Microsoft Outlook, Microsoft 365, Teams, SharePoint and other services on November 12. The company has said that it had begun to restore affected servers and implement mitigations. The number of outage reports has begun to drop from afternoon peaks. Several services are still down.