resign

According to Gate market data, after the U.S. stock market opened, Nvidia's stock price rebounded strongly, currently reported at 160 USD, having erased the decline following Jensen Huang's resignation announcement.

Binance founder Zhao Changpeng stated that it was a mistake for Nvidia to force Jensen Huang to resign.

According to Gate Market, U.S. chip stocks continued to decline in pre-market trading after Jensen Huang announced his resignation as CEO. Intel (INTC.O) fell 3.7%, Marvell Technology (MRVL.O) fell 5.2%, Micron Technology (MU.O) fell 5.2%, Arm (ARM.O) fell 4.1%, SK Hynix (SKHY.O) fell 5.1%, and TSMC (TSM.N) fell 3.5%.

NVIDIA announced that CEO Jensen Huang has resigned from his positions as President, Chief Executive Officer, and Board Member effective immediately.In addition, NVIDIA has appointed Colette Kress as the interim Chief Executive Officer while she continues to serve as Executive Vice President and Chief Financial Officer; Harvey C. Jones has been appointed as the company's first Chairman of the Board.

According to Global Market Broadcast, Bridgewater's Co-Chief Investment Officer Karen Karniol-Tambour will leave to become the first CEO of the newly established Canadian Sovereign Wealth Fund, the Canada Prosperity Fund. This fund is one of the initiatives promoted by Canadian Prime Minister Mark Carney, aimed at strengthening Canada's key strategic industries and reducing economic dependence on the United States. The fund has an initial investment of 25 billion Canadian dollars (17.7 billion US dollars), sourced from the federal government, and will only invest in Canadian companies and projects to seek long-term returns.41-year-old Karniol-Tambour has been with Bridgewater since graduating from Princeton University in 2006. In 2023, during a company reform led by CEO Nir Bar Dea, she was appointed Co-Chief Investment Officer alongside Greg Jensen and Bob Prince, responsible for Bridgewater's Asia strategy, which includes the China investment management business. Sources indicate that Bridgewater has no plans to hire or promote anyone else to replace Karniol-Tambour. In addition to Jensen and Prince, Bridgewater also has two Deputy Chief Investment Officers, Ben Melkman and David Trinh.

According to Catcher Predict monitoring, in the event of "Jensen Huang resigning or being dismissed" on the prediction market Polymarket, the sub-market "December 31, 2026" for the "Yes" option experienced a sharp fluctuation in winning probability, soaring from 74% an hour ago to the current 90.5% (a fluctuation of 16.5%). Please note the impact of related breaking news.

U.S. Republican Senator Kevin Cramer accepted an interview with POLITICO and publicly called for Jensen Huang to resign as CEO of NVIDIA. He believes that Huang's extramarital affair poses a serious potential blackmail risk, especially considering that NVIDIA holds highly sensitive AI chip technology. Cramer stated, "The risk of being blackmailed is just too great; I think he must go."Cramer is a member of the U.S. Senate Banking Committee, which is reviewing several bills aimed at strengthening export controls on advanced AI chips. He believes that while it is certainly possible for NVIDIA's board to initiate an internal investigation, it is far from enough. Earlier that day, Larry Kudlow, the former director of the White House National Economic Council during Trump's first term, also publicly urged on Fox Business, "Mr. Huang, resign now." He believes this is a reasonable action for Jensen Huang to take at this time.As the controversy escalates, the U.S. Congress is also accelerating its scrutiny of NVIDIA's chip exports. The three bills under consideration by the Senate Banking Committee involve strengthening export approvals for advanced chips, tracking the destination of chips, and restricting the export of certain semiconductor manufacturing equipment. These bills are vying to be included in the annual National Defense Authorization Act and have not yet been fully passed.

According to Catcher Predict monitoring, in the event of "Jensen Huang resigning or being dismissed" on the prediction market Polymarket, the sub-market "December 31, 2027" saw a sharp fluctuation in the probability of the "Yes" option, plummeting from 47% an hour ago to the current 31.5% (a fluctuation of 15.5%). Please note the impact of related breaking news.

According to The Defiant, Binance has appointed Justin Yek as Chief Financial Officer, with Kaiser Ng set to step down from the position.Binance co-CEO He Yi stated that the handover plan has been in preparation for six months, which is earlier than the $6.34 billion theft incident involving the exchange.

On November 6, the crypto research firm Blockworks had several members of its research team announce their departure on Twitter, including Senior Research Analyst Jake Koch-Gallup, Research Analyst Nick Carpineto, Research Analyst Kunal Doshi, Senior Protocol Strategist Silvio Busonero, and founding research team member Westie Revacc.The tweets did not mention the specific reasons for their departure, but Jake Koch-Gallup indicated that it was related to Blockworks' strategic adjustments. "It's sad to see a leading crypto research company shift its focus from research to other directions. I understand the decision to prioritize product development, but I believe independent research is more important than ever, especially as AI makes original human thought and analysis increasingly valuable."On November 3, Blockworks announced the launch of its MCP product, allowing any user to connect Blockworks to Claude, ChatGPT, Cursor, or any MCP client to start building agents. In June, Blockworks announced the acquisition of the crypto research platform Messari.

Paraguayan President Santiago Peña announced his resignation on Thursday due to a political crisis triggered by the collapse of digital bank Ueno Bank. In a video posted on the X platform, Peña stated that his resignation was to maintain national stability, social peace, and democratic institutions, with his primary task being to protect the Paraguayan people who entrusted their savings to the financial system.The Central Bank of Paraguay announced on Tuesday the initiation of liquidation procedures for Ueno Bank after discovering that its solvency ratio had fallen below half of the regulatory minimum requirement. Peña is facing political scrutiny due to his previous business ties with Grupo Vázquez, the holding company of Ueno Bank; according to the Associated Press, he remained a business partner of the group until March 2025. Peña denied any wrongdoing, stating that the controversy initially was merely a regulatory issue that escalated into a political dispute.This banking crisis is also accompanied by rising quotes for Tether's USDt in the peer-to-peer market targeting Paraguay, with a bid on Thursday morning quoted at 1 USD to 6942 Paraguayan Guarani, approximately 13% higher than the Central Bank's reference rate of 6144.02 on November 4. According to Reuters, lawmakers are debating impeachment proceedings over allegations of conflicts of interest, pension abuse, and institutional cover-ups. Peña was elected in April 2023 and took office in August of the same year, with a five-year term originally set to end in 2028; if Congress accepts his resignation, Vice President Pedro Alliana will assume the remaining term.

In the U.S. midterm elections, the Democratic Party won control of both houses of Congress, prompting Israeli Prime Minister Benjamin Netanyahu to face fierce criticism from domestic political opponents. The opposition accused him of long publicly supporting the Republican Party, undermining Israel's traditional bipartisan support in the U.S., and using the election results to push for the formation of a new government without Netanyahu.Yair Golan, leader of Israel's center-left opposition party, stated that the election results reflect Netanyahu's negative impact within both the Democratic and Republican parties in the U.S. Centrist leader Yair Lapid warned that Netanyahu's continued rule would jeopardize Israel's security and international standing.U.S.-Israel relations may also face new pressures. With the Democratic Party controlling Congress, there may be pressure on Israel through hearings, oversight investigations, and budget measures. Previously, there had been a shift within the Democratic Party regarding support for Israel's military actions and U.S. aid, a trend exacerbated by the military actions jointly launched by Trump and Netanyahu against Iran. Meanwhile, Israeli President Isaac Herzog plans to meet with representatives from various parties on Wednesday and Thursday to initiate the process of forming a new government. Netanyahu currently remains in office as caretaker Prime Minister.

Zilliqa stated that the investigation into the recent security incident is still ongoing, with affected components including the X-Bridge and certain liquidity pools using ZRC2 proxy contracts, involving tokens such as zUSDT, SEED, kUSD, and Zoge.Zilliqa emphasized that the native ZIL and Zilliqa EVM network were not affected, and the X-Bridge will remain suspended; users are advised not to use the cross-chain bridge and the affected liquidity pools for the time being.

According to a report by Financial Associated Press, Microsoft announced on October 26 local time that it will offer a voluntary severance compensation plan to approximately 60,000 employees to reduce costs and adjust its workforce for the AI era. More than a quarter of the total employee count is eligible, marking the company's third round of workforce adjustments this year.A spokesperson stated that some vice presidents and below in the United States, Canada, India, and the United Kingdom are eligible to apply, and those who accept the plan will receive benefits similar to standard severance packages. According to informed sources, departments such as Xbox, Windows, Copilot, and finance will fully participate, while some employees in data centers, sales, marketing, cybersecurity, and quantum computing will not be eligible. Chief Human Resources Officer Amy Coleman mentioned in an internal letter that the plan provides an option for employees considering leaving to transition with the company's support, and it is another way for departments to adjust their teams. The spokesperson also noted that if top talent accepts the plan, the company will attempt to retain them in some cases.In April this year, Microsoft launched its first voluntary retirement program for about 8,750 eligible U.S. employees, with over 30% ultimately accepting; in July, it announced layoffs of approximately 4,800 people, accounting for about 2.1% of the total workforce. The spokesperson expects the number of acceptances this time to be far less than the voluntary retirement program. As of the end of June, Microsoft had a total of 223,000 employees. According to the financial report on July 29, capital expenditures for the fourth quarter of fiscal year 2026 were $41 billion, a year-on-year increase of about 70%, and capital expenditures for the first quarter of fiscal year 2027 are expected to be about $50 billion.

OKX Global Managing Partner and Chief Marketing Officer Haider Rafique announced that after nearly seven years at OKX, he will step down and take a temporary break to focus on family and personal matters.According to insiders, Haider plans to leave before the end of 2026. He joined OKX in March 2020, where he led the brand upgrade and was involved in facilitating the Intercontinental Exchange's strategic investment of $200 million in OKX this March.

According to Bloomberg, citing informed sources, Haider Rafique, Global Managing Partner and Chief Marketing Officer of OKX, plans to leave by the end of 2026. Both an OKX spokesperson and Rafique declined to comment.Rafique joined OKX in March 2020, leading the exchange's brand overhaul and driving collaborations with institutions such as the McLaren F1 team and the Tribeca Film Festival. He was also involved in facilitating Intercontinental Exchange's $200 million strategic investment in OKX this March, which valued OKX at $25 billion.