Markets

Jensen Huang’s affair with a woman US officials say is a Chinese spy has drawn attention to the role of intimate relationships in espionage.

US stocks have opened mostly lower as investors digested news of Nvidia chief executive Jensen Huang resigning from the company.

Nvidia’s stock plunged at the open Thursday, taking the chipmaker’s market capitalization below $US4 trillion for the first time since 2025.

The executive’s relationship with an alleged Chinese spy first drew scrutiny about a year ago. Here’s how it has unfolded.

Nvidia co-founder Jensen Huang is stepping down as CEO of the tech titan which he built into a $US4 trillion company, the company announced Thursday.

The scandal surrounding Nvidia chief executive Jensen Huang led to billions being wiped off the company’s value, adding to investor concerns over the AI giant’s future.

The department store’s collapse could lead to a $30 million fallout, as investors dumped shares in Westfield landlord Scentre.

Texas elected its first blue senator, Kansas its first first in nearly a century — but how did the blue tsunami affect the US’s stock market.

THE ECONOMIST: The three factors keeping oil prices at near peak levels.

China’s regulators have sought to cultivate a “slow bull market” to lift consumer sentiment and raise money without running wild — but bearishness has spilled over to broader indices.

With another Reserve Bank rate rise looming and household budgets under pressure, Morgans offers suggestions to help investors weather a slowing economy.

Treasury secretary Jenny Wilkinson made the admission after 13 minutes of tortured questions.

Government spending remains near historic highs as the RBA raises rates to contain inflation, with an economist warning one sector is being “absolutely hammered” by the hikes.

Anthropic has revealed its breakneck revenue growth and warned about the risks of AI again as it files for a groundbreaking IPO.

There are two forces that could crash markets - public debt or AI. But it would only be a major crisis that would see both hit.

JPMorgan says SpaceX’s bet on AI data centres could propel its value to $US6.6 trillion, but the extraordinary growth forecast is drawing scepticism.

The number of building companies going under has soared during the past year — with insolvency levels more than double what they were during Labor’s early months in power four years ago.

Is the semiconductor industry headed for an almighty crash? A bust will be less heady than the boom.