Newsfeed – Business News
Nvidia CEO’s exit rattles markets, boosts chip rivals AMD and Broadcom
NEW YORK, Nov 13 — Jensen Huang’s resignation as CEO of Nvidia whiplashed markets yesterday, hitting the AI giant but lifting some of its rivals as investors tried to game […]
Exponential growth: Jensen Huang faces third workplace relationship allegation after Nvidia resignation
Nov 13 — Former Nvidia chief executive Jensen Huang faces a further allegation of a workplace relationship following his resignation from the chipmaker on November 12. Reuters, citing two people […]
Trump calls for Apple’s Cook to replace Huang at Nvidia
WASHINGTON, Nov 13 — US President Donald Trump said yesterday that former Apple CEO Tim Cook should replace Jensen Huang at Nvidia, after Huang quit over revelations of two affairs, […]
Jensen Huang resigns as Nvidia CEO after affair revelations, ending 33 years at helm
SAN FRANCISCO (US), Nov 12 — Jensen Huang, the leather-jacketed architect of the artificial intelligence boom, resigned as chief executive of Nvidia yesterday after revelations of two extramarital affairs, including […]
Fed rate hike expectations push ringgit lower against US dollar
KUALA LUMPUR, Nov 12 — The ringgit ended higher against major and Asean currencies on Thursday but dipped against the US dollar as growing expectations of an aggressive US interest […]
Bursa extends losing streak as broad selling drags benchmark to yearly low
KUALA LUMPUR, Nov 12 — Bursa Malaysia extended its losing streak for a fourth consecutive session, closing lower on Thursday amid continued broad-based selling that weighed on market sentiment, an […]
Penang shareholders back Perak water deal, clearing key hurdle for 2032 supply
GEORGE TOWN, Nov 12 — A majority of PBA Holdings Bhd’s shareholders have approved Penang Water Supply Corporation’s (PBAPP) proposal to purchase a minimum of 300 million litres per day […]
Tokyo, Seoul and Hong Kong all in the red: Asia stocks slide as investors fret about life after Jensen Huang
HONG KONG, Nov 12 — Asian stocks fell Thursday as investors kept a nervous eye on Nvidia whose influential boss Jensen Huang faces a probe into an affair with a […]
Asia’s worst-performing currency just got worse: Rupiah slides past 18,000 to the US dollar
HONG KONG, Nov 12 — Indonesia’s rupiah hit a record low against the dollar on Thursday as traders rushed into the US unit on expectations the Federal Reserve will hike […]
Kimberly Powell, the engineer who became Nvidia’s healthcare VP and is now caught in the Jensen Huang storm
LOS ANGELES, Nov 12 — For nearly two decades, Kimberly Powell has been the person Nvidia sends out to explain what its chips can do for medicine. This week, she […]