Stocks fell on Thursday as markets were roiled by the ouster of Jensen Huang as Nvidia's CEO following a flurry of scandals. The Dow Jones Industrial Average dropped 0.36%, while the S&P 500 did so ...
An investigation found that Alice Huang held interests in Chinese companies linked to a data center serving Huawei, but uncovered no evidence of unauthorized Nvidia chip transfers.
The exchange centered on Megaspeed, a company that national security officials have pushed Commerce to place on its Entity List.
Colette Kress will serve as interim CEO as Nvidia's board searches for a successor, and investors assess the risks to its AI-driven growth.
Jensen Huang has reportedly resigned as Nvidia CEO amid allegations involving extramarital affairs, including an alleged Chinese spy. CFO Colette Kress will serve as interim CEO.
Some Democrats see potential in taking government stakes in private businesses, even as others question how Trump's deals were negotiated and which companies benefit.
Maritime authorities had recorded 134 confirmed incidents and 25 seafarer deaths as of Wednesday, as commercial shipping continued through the Strait of Hormuz despite the risks.
"We've got their money, Hundreds of Billions of Dollars, and we've got their Strait!" Trump said in a social media post.
Kress has been appointed to lead Nvidia temporarily following Huang's departure. The AI chipmaker is already searching for a permanent successor.
UFORCE has raised $700 million from investors including a British government-backed fund as demand grows for autonomous weapons tested in Ukraine.
Earlier this week, Ukrainian and Russian officials met with U.S. officials in hopes of paving the way for some sort of peace agreement.
The Israel Defense Forces are expected to buy up to 1,000 humanoid robots to potentially send to Gaza's tunnels, according to a new report. The IDF is immersed in talks with Foundation Future ...