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Nvidia CEO Jensen Huang Admits Infidelity as Nasdaq Futures Briefly Fall 1%

Nasdaq futures briefly recovered before falling 0.5% by 7 p.m. ET; Nvidia's board opened an independent review and plans to hire outside lawyers.

Nvidia CEO Jensen Huang apologized for being unfaithful to his wife in a company-wide email, as Nasdaq futures briefly fell 1% at Sunday's U.S. market reopen and the company's board opened an independent investigation.

In the message, Huang acknowledged the infidelity, apologized and accepted full responsibility. Nasdaq futures fell 1% when trading reopened at 6 p.m. ET Sunday, Nov. 8 (23:00 UTC), then erased the decline within minutes and briefly turned higher. The rebound did not last: By 7 p.m. ET (00:00 UTC Monday), Nasdaq futures were down 0.5%, and S&P 500 futures were off 0.11%.

The board also expressed confidence in Huang and the leadership team while planning to hire outside lawyers for the independent review. A company spokesperson said the investigation would not slow Nvidia's operations and Huang would continue working without interruption.

The 1% reading marked the initial futures move at reopening; the later 0.5% figure captures trading after the brief recovery faded.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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