COINDESK · 2026-11-09 10:51 UTC

Live news: Nvidia slides on CEO allegations as bitcoin hovers just above its 200-day average

Nvidia shares fell more than 4% in pre-market trading after reports that CEO Jensen Huang admitted to an affair with Alice Huang, a business executive U.S. intelligence officials suspect of passing information to Beijing. Nvidia's board has launched an independent investigation; the company says it has no reason to believe company secrets or national security were compromised. Bitcoin traded about 1% lower near $74,000, just above its 200-day moving average at $73,151, while neocloud stocks such as IREN, CoreWeave and Cipher Digital were down around 2%.

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