Trader 0x7368 liquidated on $1.54M $NVDA long after Jensen Huang steps down as CEO

According to data from the BIT stock platform, Nvidia's pre-market share price fell by 13%.

According to Reuters, an internal memo shows that Nvidia (NVDA.O) interim CEO Kress stated the company will hold an all-staff meeting at 9 a.m. Pacific Time on November 18 (1 a.m. Beijing time the following day).

According to data from the BIT Stock Platform, U.S. equities opened with mixed major indexes: the Dow Jones Industrial Average rose 0.11%, the S&P 500 declined 0.76%, and the Nasdaq Composite dropped 1.40%. NBIS fell 21.15%, CoreWeave dropped 16.42%, Broadcom gained 3.52%, and Advanced Micro Devices (AMD) advanced 2.83%. Among the "Seven Sisters" tech giants: Amazon rose 1.50%, Microsoft gained 0.86%, Apple increased 0.69%, Google was up 0.63%, Tesla dipped 0.04%, Meta Platforms fell 0.36%, and NVIDIA dropped 13.39%.

BIT stock platform data shows NVIDIA (NVDA.O) dropped 14%, its market cap falling below $4 trillion for the first time since July 2025.

NVIDIA's board of directors announced today that co-founder Jensen Huang has resigned from his roles as president, chief executive officer, and director, effective immediately. Current executive vice president and chief financial officer Colette Kress will take over as interim CEO, while retaining her CFO position and overseeing the company’s management. The board has launched a search process for a new permanent CEO, and will consider both internal and external candidates. The 58-year-old joined NVIDIA in September 2013, marking over 13 years with the company, and is one of the core management members who have accompanied NVIDIA’s growth from a graphics chip manufacturer to a global AI chip giant. During her tenure, NVIDIA’s annual revenue rose from approximately $4.1 billion in fiscal 2013 to $215.9 billion in fiscal 2026. Prior to joining NVIDIA, Kress worked at Cisco for three years, spent 13 years at Microsoft where she served as finance head for the Server and Tools Business, and held an 8-year tenure at Texas Instruments. She has long overseen NVIDIA’s financial strategy, capital allocation, earnings disclosure, and investor relations, acting as a key representative for the company’s communications with Wall Street, and has participated in multiple quarterly earnings conference calls.

According to HTX market data, Bitcoin has fallen below $72,000.