Nvidia Ousts Its CEO

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Happy Friday, Future Party. While everyone worries about kids’ screen time, their parents may be the real problem. A growing number of 75-year-old “screenagers” are spending hours online, scrolling through endless AI slop and misinformation. It’s gotten so bad that their adult children are stepping in to curate their feeds and beg them to put down their phones. Apparently, mindless scrolling isn’t just for the young.

Nvidia’s CEO, Jensen Huang, has officially resigned following revelations of three reported extramarital affairs — one with a woman suspected of being a Chinese spy and two with company employees, according to WSJ and Reuters.

Why It Hits: Nvidia’s stock has fallen following Huang’s scandal and subsequent resignation. Given the company’s central role in the AI boom, the fallout could ripple far beyond Nvidia.

Behind the Market: Nvidia is one of the world’s most valuable companies, producing high-powered processors that fuel much of the AI industry. Its graphics processing units (GPUs) are essential for training and running AI models and, according to WSJ, “are the central component behind what many believe is the next industrial revolution.”

Final Share: Nvidia shares fell around 10% Thursday morning following Huang’s resignation, extending a recent slide that began after news broke of an investigation into his relationship with Alice Huang. Overall, the stock has dropped roughly 30% over the past month.

The Future: Nvidia’s continued struggles could have ripple effects across the AI industry, shaking investor confidence and inviting greater regulatory scrutiny. With so much of the AI boom riding on Nvidia’s tech, a prolonged crisis could test the industry’s momentum… and reignite fears that the AI bubble is about to burst.

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As Black Friday approaches, scammers are gearing up to exploit shoppers looking for holiday deals, according to Money.com.

The Big Picture: Thousands of fraudulent online stores have already been set up to deceive unsuspecting Black Friday shoppers.

Behind the Clicks: Cybersecurity company NordVPN has uncovered more than 10,000 fraudulent online stores impersonating 166 popular fashion and luxury brands across 26 countries, including the US.

Final Mark: France and Germany are the most heavily targeted countries, but NordVPN also identified 91 domains targeting US shoppers. That means plenty of unsuspecting Americans could fall victim to these scams while hunting for Black Friday deals.

The Future of Online Shopping: As fake storefronts become harder to spot and scammers make their way into search results and AI recommendations, pressure could mount on Google and AI platforms to weed out fraudulent websites before shoppers encounter them. Otherwise, even the most convincing Black Friday deal could come with a big question mark.

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40% of you voted Yes, multiple times in yesterday’s poll: Have you ever been on a cruise?

“From the Canary Islands to Panama, and another trip from central Chile to the southern tip of Chile through the fjords, with whale watching along the way. I recommend unique itineraries like these, rather than the same cut-and-paste trips in the Caribbean.”

“One of the best ways to travel. It’s like staying in a nice hotel, and the hotel moves. The small ships are so versatile, even able to travel up rivers at times. Crossing the Mediterranean, heading up to the top of Norway… such a fun way to see the world!”

“We leaned toward river cruises when we were younger, but now we’re shifting to more ocean cruises. Glad we did the Galápagos Islands and Antarctica cruises when we were better able to get in and out of Zodiacs for water landings.”

“Music-themed cruises have become a bigger part of my vacations because, in just one week, I can see more than 20 bands without the hassle of traffic jams or waiting in line for a bathroom.”

Let’s keep the conversation going. Join Poll Of The Day, so your opinions can shine. Discover how your views line up with your peers’, check out cool insights, and have some fun. It’s data with personality.

🦹‍♂️ Hugh Jackman and Ryan Reynolds are among those credited with additional writing on Avengers: Doomsday.

🎥 Star Wars is marking its 50th anniversary in 2027 with an IMAX re-release and a BTS documentary.

📺 Speculation is growing that Netflix could make a play to acquire NBCUniversal.

💻 Microsoft experienced a major outage on Thursday, disrupting Outlook and Teams.

👓 Warby Parker is teaming up with Google and Samsung to launch its own line of AI-powered smart glasses.

🏺A Google researcher says AI helped locate a previously unknown ancient Maya site in Mexico.

🧦 “Foot undies” are the latest micro-trend taking over the internet.

🧥 Jensen Huang’s signature leather jackets have become the talk of the fashion world.

👾 Pokémon is celebrating its 30th anniversary with a new Crocs collection.