European stocks fall after Jensen Huang's resignation as Nvidia CEO

FinanceInternationalEuronews.comNov 13, 2026, 3:22 AMAI summary

European and Asian stock markets mostly fell on Friday as investors assessed the impact of Jensen Huang's departure as Nvidia chief executive on the AI industry. Nvidia said Huang left his roles with immediate effect and that chief financial officer Colette Kress is taking over as interim chief executive. Nvidia shares fell 4.3% on Thursday on Wall Street. Brent rose 0.7% to $96.48 after Trump said the US does not need a deal with Iran.

In 40 seconds

Nvidia announced that Jensen Huang ceased to be chairman, chief executive and board member with immediate effect; Colette Kress takes over as interim CEO.
Nvidia shares fell 4.3% on Thursday; the S&P 500, the Nasdaq Composite and the Dow Jones fell around 0.4%.
The FTSE 100 opened down 0.2% and Paris and Frankfurt fell 0.3%; the Kospi lost 1.0% and the Hang Seng more than 1.5%.

Read the full story at Euronews.com

IASummary generated by artificial intelligence from a story by Euronews.com. It may contain errors: the original source prevails.

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European stocks fall after Jensen Huang's resignation as Nvidia CEO

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Inflation holds at 4.9% in October, its highest level since February 2023

Inflation holds at 4.9% in October on pressure from tourism and gas

Schroders sees cheap quality companies outside the US and a 2027 shaped by bonds

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