{"id":442140,"date":"2026-11-13T06:00:07","date_gmt":"2026-11-12T23:00:07","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/investinglive-americas-market-news-wrap-jensen-huang-ousted-from-nvidia-442140\/"},"modified":"2026-11-13T06:00:07","modified_gmt":"2026-11-12T23:00:07","slug":"investinglive-americas-market-news-wrap-jensen-huang-ousted-from-nvidia","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/investinglive-americas-market-news-wrap-jensen-huang-ousted-from-nvidia-442140\/","title":{"rendered":"investingLive Americas market news wrap: Jensen Huang ousted from Nvidia"},"content":{"rendered":"<div>\n<ul>\n<li><a href=\"https:\/\/investinglive.com\/news\/us-weekly-initial-jobless-claims-200k-vs-195k-expected\" rel=\"follow\">US weekly initial jobless claims 200K vs 195K expected<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/central-banks\/fed-s-hammack-we-need-to-move-to-restrictive-mon-pol-to-lower-inflation\" rel=\"follow\">Fed&#8217;s Hammack: We need to move to restrictive mon pol to lower inflation<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/stocks\/jensen-huang-ousted-as-ceo-of-nvidia\" rel=\"follow\">Jensen Huang ousted as CEO of Nvidia<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/news\/us-october-existing-home-sales-3-75m-vs-3-85m-expected\" rel=\"follow\">US October existing home sales 3.75m vs 3.85m expected<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/central-banks\/fed-s-goolsbee-inflation-has-been-well-above-target\" rel=\"follow\">Fed&#8217;s Goolsbee: Inflation has been well-above target<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/central-banks\/fed-s-daly-how-much-tightening-and-when-is-no-a-decision-for-right-now\" rel=\"follow\">Fed&#8217;s Daly: How much tightening and when is no a decision for right now<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/news\/us-30-year-bond-auction-tails-as-demand-disappoints-for-second-straight-day\" rel=\"follow\">US 30-year bond auction tails as demand disappoints for second straight day<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/news\/us-october-federal-budget-deficit-sets-a-record\" rel=\"follow\">US October federal budget deficit sets a record<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/news\/oil-prices-rise-after-iran-reports-strikes\" rel=\"follow\">Oil prices rise after Iran reports strikes<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/news\/trump-i-would-consider-a-week-long-campaign-against-cuba\" rel=\"follow\">Trump: I would consider a week-long campaign against Cuba<\/a><\/li>\n<li>Anthropic IPO said to be six times oversubscribed<\/li>\n<\/ul>\n<p>Markets:<\/p>\n<ul>\n<li>Gold down $112 to $3874<\/li>\n<li>US 10-year yields up 13 bps to 5.12%<\/li>\n<li>WTI crude oil up $2.47 to $89.00<\/li>\n<li>USD leads, AUD lags<\/li>\n<li>S&amp;P 500 down 0.3%, Nadaq down 0.4%<\/li>\n<\/ul>\n<p>The drama at Nvidia was the focus of trading today as CEO and founder Jensen Huang was ousted over extra-marital affairs, including one with a purported Chinese agent. The whole things stinks of a hit job but that&#8217;s the game of corporate thrones. The ouster didn&#8217;t hit as a shock as the WSJ reported it was coming late yesterday. In any case, shares fell as much as 11% before rebounding to finish down 4.5%, in part because earnings weren&#8217;t pushed back. A new CEO search is underway and Trump suggested Tim Cook on Truth Social.<\/p>\n<p>Critically, the turmoil and NVDA didn&#8217;t sink the broader market as stocks bounced around, briefly turning positive. That was particularly impressive given that Treasury yields jumped once again, rising 10-15 bps across the curve. Oil helped to push rates higher as Trump indicated JD Vance won&#8217;t be attending the rumored talks. Later, Iran reported strikes in a southern cited and oil finished at the highs of the day.<\/p>\n<p>The euro fell to the lowest since April 2025 on broad US dollar strength. A few Fed officials spoke but I found it most-notable that the hawkish Hammack argued against a 50 bps hike in December and somethign gradual instead.\u00a0<\/p>\n<\/p>\n<p>                            This article was written by Adam Button at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>US weekly initial jobless claims 200K vs 195K expected Fed&#8217;s Hammack: We need to move to restrictive mon pol to lower inflation Jensen Huang ousted as CEO of Nvidia US October existing&hellip;<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-442140","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/442140","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=442140"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/442140\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=442140"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=442140"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=442140"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}