News report 📈 Stocks 🌍 United States

Nasdaq 100 Futures Slip 0.92% as Nvidia Tumbles on Leadership Turmoil

Nasdaq 100 and S&P 500 futures retreat as Nvidia shares slide 8.5% on CEO removal reports and investors price in a 91% chance of a December Fed rate hike following hot CPI data.

📅 November 12, 2026 🕐 1 min read

5 assets impacted (Stocks, Bonds). Net bias: 1 Bullish, 3 Bearish, 1 Neutral. Strongest signal: NVDA ↓ 8/10 (85% confidence).

📊 Affected Assets (5)

NVDA

Bearish 🤖 85%

📅 Short-term 🌍 US · Explicit

The New York Times reported allegations of a relationship between CEO Jensen Huang and a company executive, while The Wall Street Journal reported the board was preparing to remove him, driving the stock down more than 8.5% in after-hours trading. Leadership uncertainty at the AI sector's central player is a direct negative for the shares.

Catalysts

▼ After-hours selloff of more than 8.5% on reports of CEO removal plans
▼ Board reportedly preparing to remove Jensen Huang as CEO

Risk Factors

▲ Reports are based on allegations that may not be confirmed
▲ CoreWeave's 25% surge on an optimistic outlook earlier in the day reinforced AI sector confidence

NDX

Bearish 🤖 75%

⚡ Intraday 🌍 US · Explicit

Nasdaq 100 futures fall 0.92% to around 28,210 on hawkish Fed repricing after hotter-than-expected CPI and roughly 91% December rate-hike odds, compounded by an 8.5% after-hours drop in heavyweight Nvidia over CEO turmoil. Tech's index is the most exposed to both drivers.

Catalysts

▼ Futures down 0.92% around 28,210
▼ Markets pricing nearly 91% probability of a December rate hike after hot CPI

Risk Factors

▲ Nasdaq Composite closed Wednesday's session 1.6% higher on AI optimism from CoreWeave's 25% surge
▲ Nvidia allegations are unconfirmed reports

SPX

Bearish 🤖 70%

⚡ Intraday 🌍 US · Explicit

S&P 500 futures decline 0.43% to around 7,610 as hawkish Fed sentiment after hotter-than-expected CPI and rising rate-hike bets pressure equities, and instability at AI bellwether Nvidia risks broader market repercussions.

Catalysts

▼ Futures down 0.43% around 7,610
▼ Nearly 91% odds of a December Fed rate hike after hot CPI

Risk Factors

▲ S&P 500 closed Wednesday up 1.31% on AI-driven optimism
▲ Nvidia leadership reports remain unconfirmed

US10Y

Bullish 🤖 55%

📅 Short-term 🌍 US ✨ Inferred

Hotter-than-expected CPI data and roughly 91% market odds of a December Fed rate hike, backed by Governor Waller's support for a quarter- or even half-point move, point to upward pressure on Treasury yields. Trading was muted midweek because the Treasury market was closed for Veterans Day, limiting the immediate effect.

Catalysts

▲ Hotter-than-expected US CPI inflation data
▲ Nearly 91% probability of a December rate hike per CME FedWatch

Risk Factors

▼ US Treasury market was closed in observance of Veterans Day, muting pricing and cross-asset flows

DJI

Neutral 🤖 60%

⚡ Intraday 🌍 US · Explicit

Dow futures remain steady around 52,580 while tech-heavy indexes fall, and the Dow advanced only 0.49% on Wednesday versus larger Nasdaq and S&P gains. The rate-hike and Nvidia turmoil pressures hit other indices harder, leaving the Dow relatively unchanged for now.

Catalysts

• Dow futures steady around 52,580 despite declines in S&P and Nasdaq futures

Risk Factors

• Hawkish Fed repricing on hot CPI could eventually weigh on all equity benchmarks

🧭 Full analysis of these assets

🎯 Key Takeaways

Nvidia shares fell more than 8.5% in after-hours trading following reports of potential leadership turmoil involving CEO Jensen Huang.
Nasdaq 100 futures dropped 0.92% to 28,210, while S&P 500 futures declined 0.43% to 7,610.
CME FedWatch data shows a nearly 91% probability of a December rate hike following hotter-than-expected US CPI inflation.
Dow Jones futures remained steady at 52,580, showing more resilience than tech-heavy benchmarks.

📝 Executive Summary

US equity futures are under pressure as Nasdaq 100 contracts fall 0.92% to 28,210 and S&P 500 futures decline 0.43% to 7,610. Markets are reacting to reports of potential leadership changes at Nvidia, which saw shares drop over 8.5% in after-hours trading, alongside a hawkish shift in Federal Reserve rate expectations.

❓ FAQ

NVDA · Why did Nvidia fall sharply?

The stock dropped more than 8.5% in after-hours trading after The New York Times reported allegations involving CEO Jensen Huang and The Wall Street Journal reported the board was preparing to remove him from his position.

NVDA · Could the selloff spread beyond Nvidia?

The article notes that given Nvidia's central role in the AI boom, instability at the company risks triggering broader repercussions across global markets.

NDX · What is weighing on Nasdaq futures?

Nasdaq 100 futures fell 0.92% as hotter CPI data lifted bets on a December Fed rate hike to nearly 91%, while Nvidia dropped more than 8.5% after hours on reports of potential CEO removal.

SPX · How are S&P 500 futures trading?

They declined 0.43% to around 7,610 during European hours on Thursday amid hawkish Fed expectations and Nvidia-related unease.

US10Y · Why did bond yields not react much on Wednesday?

The US Treasury market was closed in observance of Veterans Day, temporarily removing a key reference point for bond pricing and cross-asset flows.

DJI · Why are Dow futures steadier than other index futures?

Dow futures held around 52,580 while S&P 500 futures fell 0.43% and Nasdaq 100 futures dropped 0.92%, as the Dow is less exposed to the Nvidia turmoil and rate-hike repricing.

📰 Related Articles

🏷️ Tags

📰 Source

🔗 View Original Article