Nvidia's board removed Jensen Huang as chief executive and named finance chief Colette Kress interim CEO, while the stock closed at $162.85 on Friday, down 2% on the day and 13% for the week. The decline erased more than $570 billion of market value, extending a six‑week losing streak that has shaved roughly 30% off the share price and cost about $1.7 trillion in valuation. Huang has agreed to testify before Congress before the Thanksgiving holiday, and the company will report earnings on 17 Nov.
JPMorgan
3 stories since 6 November 2026, newest first
14 November 2026
7 November 2026
The pan‑European STOXX 600 index closed down 1% at 648.33 points on 7 Nov. German insurers fell 2.6% after JPMorgan downgraded several reinsurers, with Hannover Re, Munich Re and Swiss Re losing 4.3%, 4.4% and 4.6% respectively. Teleperformance shares tumbled 15.3% following a revenue outlook cut. Clean‑energy names rose, led by Orsted up 1.2% and Nordex up 5%. Travel‑sector stocks gained 0.9% on expectations that a U.S. election outcome could ease Middle‑East tensions and lower oil prices.
6 November 2026
Indian equities have recovered after a market correction, with the Nifty 50 index up nearly 9 percent over the past month, according to CNBC. JPMorgan's Rajiv Batra, head of Asia equity strategy, says foreign investors reducing their underweight positions could bring net inflows of around $115 billion. Jefferies chief executive Rich Handler says Indian valuations are reasonable by any measure and that AI has drawn a disproportionate share of global capital away from India. Meanwhile, Japan's Nikkei 225 and Taiwan's Taiex entered bear territory, and the Nasdaq Composite entered correction territory.