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Nvidia drags on S&P, Nasdaq

US stocks were pressured after Nvidia dropped over 10% on Jensen Huang's resignation

⚡️ Nvidia update

Nvidia says CFO Colette Kress will take over as interim CEO following Jensen Huang’s resignation as the company seeks a permanent successor.

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Nvidia shares tumble 13% after CEO Jensen Huang was ousted. The Nasdaq 100 falls 1.4% and a closely watched gauge of chipmakers slumps 3.5%.

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The shooting took place near 15th and P Street Northwest, police said on X. The location is near Logan Circle, a trendy upscale neighborhood less than a mile north of the White House.

Multiple people shot in Washington, DC, as police confirm a 'barricade situation'

Chip away

Jensen Huang is out. His successor has the toughest job in tech

Nvidia stock falls 13% as CEO Jensen Huang announces resignation

S&P 500 declines as Huang ouster sends Nvidia reeling: Live updates

Financial Times

Nvidia shares tumble 13% after Huang resigns as CEO — follow live

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Multiple people injured after ‘active shooter’ opens fire near White House

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Nvidia CEO Jensen Huang resigns over affair scandal after stock price plunges

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Nvidia CEO Jensen Huang resigns after alleged affair with suspected spy

Multiple people shot near White House and suspect on run, police say - follow live

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The decision comes after Nvidia said on Nov. 8 that its board was probing whether Huang had been the target of a foreign intelligence effort.