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Global AI stocks sink as Nvidia CEO's exit deepens sector selloff

Global AI stocks sink as Nvidia CEO's exit deepens sector selloff

By Shashwat Chauhan Nov 12 (Reuters) - Global AI-linked stocks fell on Thursday after Nvidia CEO Jensen Huang resigned following a deepening scandal around his affairs, upending the chipmaker's leadership and posing fresh risks to a sector already reeling with funding and regulatory concerns.
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S&P 500, Nasdaq rise as CoreWeave results ease AI spending worries

S&P 500, Nasdaq rise as CoreWeave results ease AI spending worries

By Utkarsh Hathi and Tharuniyaa Lakshmi Nov 11 (Reuters) - The S&P 500 and the tech-heavy Nasdaq climbed on Wednesday after neocloud firm CoreWeave's strong earnings calmed investor jitters about bloated AI expenditure.
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Nvidia board meets to decide CEO Huang's future as leadership crisis deepens

Nvidia board meets to decide CEO Huang's future as leadership crisis deepens

By Aishwarya Venugopal and Alexandra Alper Nov 11 (Reuters) - Nvidia's board is meeting late Wednesday to decide whether to oust CEO Jensen Huang, a source familiar with the matter told Reuters, as the world's dominant supplier of AI chips grapples with reports of two extramarital affairs involving
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Nasdaq, S&P 500 futures fall as Nvidia turbulence unsettles AI stocks

Nasdaq, S&P 500 futures fall as Nvidia turbulence unsettles AI stocks

By Niket Nishant Nov 12 (Reuters) - Futures tracking the Nasdaq 100 led Wall Street lower on Thursday after Nvidia shares plunged on reports that its board was weighing the ouster of CEO Jensen Huang, souring sentiment toward AI-linked stocks.
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Stocks climb as CoreWeave results ease AI spending concerns

Stocks climb as CoreWeave results ease AI spending concerns

By Chuck Mikolajczak and Utkarsh Hathi Nov 11 (Reuters) - US stocks climbed on Wednesday, with the S&P 500 and the Nasdaq each rallying more than 1% as earnings from neocloud firm CoreWeave cooled investor concerns about the durability of the AI trade, while Nvidia stabilized after two straight
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Wall Street set for higher open as CoreWeave results temper AI spending concerns

Wall Street set for higher open as CoreWeave results temper AI spending concerns

By Utkarsh Hathi and Tharuniyaa Lakshmi Nov 11 (Reuters) - The main US indexes were on track to open higher on Wednesday after neocloud firm CoreWeave's strong earnings assuaged investor worries about bloated AI expenditure.
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Stocks cut gains, dollar and yields up as US CPI cements December rate hike bets

Stocks cut gains, dollar and yields up as US CPI cements December rate hike bets

By Shashwat Chauhan Nov 10 (Reuters) - US stocks were set for a lower open on Tuesday and European shares pared gains after a hotter-than-anticipated inflation reading bolstered the case for a US Federal Reserve interest rate hike next month.
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Stocks climb as oil prices dip heading into US CPI print

Stocks climb as oil prices dip heading into US CPI print

By Shashwat Chauhan and Ankur Banerjee Nov 10 (Reuters) - World stocks rose on Tuesday as a drop in oil prices after US President Donald Trump said he plans to hold off on new military strikes against Iran lifted sentiment ahead of US inflation data that could sway the near-term interest rate
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Wall St roars back as oil slide eases inflation jitters; Nvidia drops

Wall St roars back as oil slide eases inflation jitters; Nvidia drops

By Niket Nishant and Utkarsh Hathi Nov 9 (Reuters) - Wall Street's main indexes rebounded on Monday as a drop in oil prices soothed investor nerves after last week's selloff, even as AI heavyweight Nvidia hit a seven-month low following the controversy surrounding CEO Jensen Huang.
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S&P 500, Nasdaq rise over 1% as CoreWeave results calm AI spending jitters

S&P 500, Nasdaq rise over 1% as CoreWeave results calm AI spending jitters

By Utkarsh Hathi and Tharuniyaa Lakshmi Nov 11 (Reuters) - The S&P 500 and the tech-heavy Nasdaq climbed more than 1% on Wednesday after neocloud firm CoreWeave's solid earnings eased investor concerns about bloated AI expenditure, while Nvidia recovered some ground following a rout in the last two
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Wall St rallies after last week's AI rout; Nvidia falls

Wall St rallies after last week's AI rout; Nvidia falls

By Niket Nishant and Utkarsh Hathi Nov 9 (Reuters) - Wall Street's main indexes climbed on Monday, as investors attempted to shake off last week's AI anxieties while awaiting more clarity on the controversy surrounding Nvidia CEO Jensen Huang.
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Nasdaq futures slip with Nvidia woes, Anthropic IPO in focus

Nasdaq futures slip with Nvidia woes, Anthropic IPO in focus

Nov 10 (Reuters) - Futures tracking the tech-heavy Nasdaq 100 index fell on Tuesday as investors assessed fresh updates on the controversy surrounding Nvidia CEO Jensen Huang as well as details on Anthropic's initial public offering.