Simply the latest news, updated on the hour.

Thu, Nov 12, 2026, 3:02 AM EST

Tech

  • Nvidia CEO Jensen Huang is reportedly facing pressure to step down amid allegations of misconduct and potential investigations by Congress.

  • Meta's long-time head of infrastructure is departing, signaling potential shifts in the company's hardware and data center strategies.

  • OpenAI has reportedly crossed the $10 billion quarterly revenue mark for the first time, highlighting its rapid growth in the AI sector.

  • New AI safety regulations are taking effect in New York, impacting companies like OpenAI and Anthropic.

  • The tech industry is preparing for significant Black Friday deals, with early discounts already appearing on popular tech gadgets and services.

Money

  • Geopolitical tensions escalate with U.S. and Iran exchanging strikes in the Strait of Hormuz, leading to oil price fluctuations and U.S. military asset evacuations.

  • Nvidia CEO Jensen Huang faces mounting pressure and calls for resignation following revelations of personal affairs and potential succession planning risks.

  • The global economy shows vulnerability to an AI bubble, with concerns about the sustainability of AI investments and potential market corrections.

  • Regulatory scrutiny intensifies as the EU targets influencer marketing and deceptive online practices, while Spain grapples with a general strike over the cost of living.

  • The cryptocurrency market experiences volatility with significant ETF outflows and a widening gap between Bitcoin and stock market performance, despite Deutsche Bank's entry into crypto custody.

Power

  • The power sector faces significant uncertainty as critical minerals essential for energy storage see price volatility due to Chinese market influence, potentially delaying numerous projects.

  • Nvidia's board is reportedly deliberating the future of CEO Jensen Huang amidst an investigation into his conduct and a sharp decline in the company's stock price.

  • Geopolitical tensions continue to impact global energy markets, with reports of threats influencing US military deployments and ongoing concerns about oil flows from the Middle East.

  • Discussions at climate talks, including COP31, highlight the urgent need for accelerated action against global warming, with leaders emphasizing the critical role of green energy initiatives.

  • The surge in new car prices and record-high monthly payments present challenges for consumers, potentially impacting demand and the automotive industry's economic outlook.