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Nvidia Stock Price Premarket Falls 7%
Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.
Nvidia (NASDAQ: NVDA) stock fell around 7% in premarket trading as reports of a possible leadership change involving CEO Jensen Huang raised investor concerns. The company’s board is reportedly discussing his future following allegations involving two extramarital affairs. No official decision has been announced. Huang’s potential departure could create uncertainty for Nvidia, given his role in major partnerships, investments and AI industry relationships. Meanwhile, Polymarket odds of Huang leaving by December 31 reportedly climbed to 89%. The broader market also faced pressure, with Nasdaq-100 futures falling 0.7% and S&P 500 futures declining 0.3%.
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