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Nasdaq-100 futures slide, dragged lower as Nvidia sell-off resumes: Live updates

Nasdaq-100 futures are sliding, pulled lower by a renewed Nvidia sell-off that has the stock down about 7% as investors weigh the possibility that CEO Jensen Huang could be ousted. The S&P 500 and Nasdaq are set to retreat at the open while the Dow is seen steadier. Despite the turbulence, the S&P 500 still secured a weekly gain of 2.5% and the Nasdaq added 2.3% for the week. The leadership question is pressuring the broader AI trade and spilling into Asian markets, where stocks tumbled on the news.

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  • ✓ Nvidia stock fell about 7% as investors await the board's decision on CEO Jensen Huang's future.
  • ✓ Nasdaq-100 futures slid, dragged lower by the Nvidia sell-off.
  • ✓ The S&P 500 posted a weekly gain of 2.5% and the Nasdaq added 2.3% for the week despite the turbulence.
  • ✓ Asian stocks tumbled on the Nvidia leadership news.
🛡️ Source Corroboration: 10 independent reporting domains (85% confidence) ⏱ Read time: ~2 min

What changed

Nvidia shares fell roughly 7% in pre-market trading and Nasdaq-100 futures turned lower as reports emerged that the company's board is deciding CEO Jensen Huang's fate.

Live updates

  1. Nasdaq-100 futures fall as Nvidia sell-off deepens on leadership uncertainty

    Nasdaq-100 futures are sliding, pulled lower by a renewed Nvidia sell-off that has the stock down about 7% as investors weigh the possibility that CEO Jensen Huang could be ousted. The S&P 500 and Nasdaq are set to retreat at the open while the Dow is seen steadier. Despite the turbulence, the S&P 500 still secured a weekly gain of 2.5% and the Nasdaq added 2.3% for the week. The leadership question is pressuring the broader AI trade and spilling into Asian markets, where stocks tumbled on the news.

    Why it matters

    Nvidia has been the bellwether for the AI-driven rally that lifted U.S. equities through 2026. A potential leadership change at the company introduces strategic uncertainty for the entire semiconductor supply chain and the massive capital expenditures underpinning AI infrastructure. Markets are now pricing in not just a single-stock event but a reassessment of the AI investment thesis, making the board's decision on Huang a pivotal catalyst for near-term direction.

    What is confirmed

    • Nvidia stock fell about 7% as investors await the board's decision on CEO Jensen Huang's future.
    • Nasdaq-100 futures slid, dragged lower by the Nvidia sell-off.
    • The S&P 500 posted a weekly gain of 2.5% and the Nasdaq added 2.3% for the week despite the turbulence.
    • Asian stocks tumbled on the Nvidia leadership news.

    Still unconfirmed

    • Nvidia's board may oust CEO Jensen Huang.

    What to watch next

    • Nvidia board announcement on Jensen Huang's status
    • Pre-market and opening auction price action in Nvidia and Nasdaq-100 futures
    • Any guidance or commentary from Nvidia's CFO or board members on strategic direction
    Sources used for this update (14)
    1. stocktwits.com — Stocktwits - Stock Market Live Quotes, Social Community...
    2. www.zerohedge.com — Futures Rise, Oil Slides As Iran's Supreme Leader Talks Peace And Shrugs Off Ras Tanura Attack
    3. www.cnbc.com — Oil today: Iran, US, crude, wti, brent, trump
    4. The New York Times — With Its Giant I.P.O., Anthropic Ties Itself Closer to Nvidia
    5. Reuters — Nvidia selloff deepens, adding to AI jitters
    6. Barron's — Anthropic, Nvidia, CoreWeave, Take-Two, D-Wave, Securitize, and More That Explain Today’s Market
    7. MarketWatch — Nvidia couldn’t derail the stock market’s rally. Hot inflation might.
    8. CNBC — Nasdaq-100 futures slide, dragged lower as Nvidia sell-off resumes: Live updates
    9. Bloomberg.com — Asian Stocks Set to Gain on Renewed US Tech Rally: Markets Wrap
    10. Reuters — Asian stocks tumble, Nvidia stings as board to decide CEO's fate
    11. CNBC — Nvidia stock falls 7% as investors await Jensen Huang’s fate
    12. MarketWatch — Stock Market Today: Dow seen steady as S&P 500 and Nasdaq set to retreat on concerns Jensen Huang may be ousted from Nvidia — live updates
    confidence 85%
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