Afternoon Report | Special edition: Nvidia in crisis
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Afternoon Report | Special edition: Nvidia in crisis

B2Upper-intermediateNovember 12, 20268 min
  • News bulletin
  • Business & money

This is a special edition of the Fear & Greed Afternoon Report, as Nvidia shares plunge and the tech giant's board reportedly considers the future of chief executive Jensen Huang following allegations about his personal life. Josh Gilbert, market analyst at eToro, joins Michael Thompson to explain why Huang is so important to Nvidia, what his potential departure could mean for the global AI boom, and why investors should brace for further volatility. Plus, the Australian sharemarket finishes slightly lower, with gains for the big banks offset by losses among mining stocks. Join our...

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chip makers shares plummeting in after hours trading as the company's board

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very shortly. First though, a look at the local market today, the S&P ASX200 closed

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0:00

Welcome to the Fear and Greed Afternoon Report for Thursday the 12th of November 2026. I'm Michael Thompson and in five minutes we've got everything you need to know right now. In a moment a special report on tech giant Nvidia with the chip makers shares plummeting in after hours trading as the company's board

0:21

considers the future of chief executive Jenten Huang. More on that one very very shortly. First though, a look at the local market today, the S&P ASX200 closed just a touch lower, down less than 0.1% to 9,147 points, fell on opening despite clawing back some ground throughout the day. It never really mattered into positive territory.

0:43

Financials did most of the heavy lifting though. Commonwealth Bank gained 2.5% today. Westpac 1.7%, NAB was up too, but ANZ went the other way. At the other end of the market, the were the worst performers with BHP, Rio Tinto, Fortescue all down between 1% and 2% or thereabouts. Tough day to be mining gold as well. Both Northern Star, it was off. Evolution closed almost 4%

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