# Wall Street edges up, Nvidia drops after CEO resigns

- URL: https://talkfuse.com/story/wall-street-edges-up-nvidia-drops-after-ceo-resigns/
- Published: 2026-11-12T16:26:37+00:00
- Updated: 2026-11-12T21:53:29+00:00
- Original publisher: CNA (publisher lean: Centre)
- Original article: https://www.channelnewsasia.com/business/wall-street-edges-up-nvidia-drops-after-ceo-resigns-6544496
- Topics: Business, Companies, World

## Key points

- Nvidia fell about 4 per cent after Jensen Huang resigned.
- Colette Kress will serve as interim CEO.
- US stocks rose slightly as rivals gained.

## Summary

US stocks edged higher after recovering early losses, while Nvidia shares fell following chief executive Jensen Huang’s resignation. The departure has raised questions about the chipmaker’s direction and the durability of the AI boom, although gains in rivals helped offset some of Nvidia’s decline.

Nvidia was down about 4 per cent, with CFO Colette Kress named interim CEO as the company searches for a permanent successor. AMD rose 7 per cent and Broadcom gained 5.4 per cent, while the Dow, S&P 500 and Nasdaq advanced between 0.29 and 0.40 per cent. The 10-year US Treasury yield reached 5.066 per cent, and the dollar hit a 19-month high as investors anticipated a possible Federal Reserve rate rise in December.

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.