Cointime reports: Nvidia shares fell more than 8% in after-hours trading on reports the company is preparing to remove CEO Jensen Huang, with separate reports alleging a past extramarital affair involving Huang and an executive. The Nasdaq closed up 1.6% as AI trading reignited, with CoreWeave surging 24%. Gold fell below the $4,000 mark as the dollar extended gains, and Goldman Sachs, Nomura and Deutsche Bank all raised their Fed rate-hike path forecasts, with markets fully pricing a 25-basis-point December hike.
Nvidia Shares Plunge After-Hours on Report of CEO Huang Ouster; Nasdaq Closes Up 1.6%
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