Colette Kress is taking on the role after the resignation of CEO Jensen Huang.
Nov 12, 2026
Nvidia stock took a sharp dive on Thursday, after longtime CEO Jensen Huang resigned amid reports he engaged in two extramarital affairs. The chipmaker’s stock fell to $148.80 per share after the opening bell, down 14.4 percent from closing on Wednesday. Nvidia stock later rebounded slightly, topping $162 per share, but it was down about...
Nvidia’s ousted leader was a rhetorical and financial booster for investments that are driving economic growth.
Federal Reserve Chair Kevin Warsh disclosed transactions his wife made related to a company that invests in pet care. Warsh reported to the U.S. Office of Government Ethics (OGE) six equity and warrant purchases in TAW LLC in August and September. A Fed spokesperson told The Hill that Warsh’s wife, Jane Lauder, made the transactions....
Nvidia CEO Jensen Huang resigned on Thursday from the company he co-founded after revelations of extramarital affairs, including one with a woman alleged to be a spy for China. Sen. Cindy Hyde-Smith (R-Miss.) conceded to Democrat Scott Colom on Wednesday night, notching one more state in the Democrats' belt after last week's blue tsunami flipped several...
Nvidia CEO Jensen Huang will step down from his role at the AI chip giant following explosive reports of two extramarital affairs, one of which involved an alleged Chinese spy. The company announced Thursday morning that Huang was resigning immediately and Colette Kress, executive vice president and chief financial officer of Nvidia, will take over...
Sen. Elizabeth Warren (D-Mass.) is poised to take the reins of the Senate Banking Committee, a crucial perch from which the progressive senator aims to put corporate America under the microscope. Warren, who made her name as a consumer advocate in the wake of the 2008 financial crisis, has been one of the Senate's fiercest critics...
Sen. Kevin Cramer (R-N.D.) said he feels “strongly” that Nvidia CEO Jensen Huang should resign following reports alleging the tech leader had an "intimate relationship” with an accused Chinese spy and another with an Nvidia executive who reported to him. "I can't believe we are even considering him not resigning. I mean, I do feel...
Nov 11, 2026
Shares of Nvidia tanked early Wednesday evening, after The New York Times reported that the tech firm’s CEO Jensen Huang had a second affair. The company’s stock was down roughly 8.3 percent during after-hours trading, dipping below $160 per share. Nvidia shares had not fallen below that threshold since June 2025. Nvidia shares were trading at...
Palantir CEO Alex Karp revealed he has been criticizing President Trump “in private” over his handling of immigration and the administration detaining a record number of people throughout the summer. "Well, I'm really happy to hear the president, you know, in his words: ‘yeah, we kind of went too far," Karp told Politico’s Adam Wren....
