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Brian Sozzi: Nvidia shares fall after report of new CEO affair surfaces

Brian Sozzi: Nvidia shares fall after report of new CEO affair surfaces
Nvidia drops after CEO affair report

Nvidia shares declined following a new report from the New York Times alleging that CEO Jensen Huang had another affair with someone who reports directly to him.

Brian Sozzi, a reporter and analyst at Yahoo Finance, wrote that, in his view, the market is now fully pricing in the possibility of Nvidia operating without Huang as CEO or involved at all with the company.

Sozzi has previously observed that the U.S. stock market gained $5 trillion since the start of the year, despite ongoing weakness in tech stocks, in a recent market update. In another report, he covered the parent company of Saks, Neiman Marcus and Bergdorf Goodman as it prepared for a new strategic direction. These reports provide recent examples of Sozzi’s coverage of major shifts among large U.S. companies.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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