Stock Market Today: Nvidia Rout Sinks Nasdaq, S&P 500 Futures as Board Weighs Jensen Huang’s Future — CRWV, TTEK, FNV

Benzinga - News
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Nov 12, 2026
AI Generated·May contain errors
U.S. stock futures were mixed on Thursday as the Dow Jones,
S&P 500, and Nasdaq 100 indices diverged
following Wednesday's higher close.
Iranian Security Chief Mohsen Rezaei warned on X that
if there is another war against Iran,
U.S. military bases from West Asia to Europe would
be targets, adding, no safe distance, no safe haven, no immunity.
Iran's parliament speaker
and chief negotiator Mohammad Bagher Ghalibaf said in an Al Jazeera
interview that the Strait of Hormuz would never return
to its pre-war status, and argued
that maritime regulations fall under Iranian
and Omani laws rather than international rules.
Reuters reported that Iran attacked navigation infrastructure
on Oman's Daymaniyat Island,
and Reuters also reported 37 vessel attacks in October.
Meanwhile, the 10-year Treasury bond yielded 4.99%
and the 2-year Treasury bond yielded
4.76% at the last check.
The CME Group's FedWatch tool projections show markets pricing
in a 92.8% likelihood
of the Federal Reserve hiking interest rates after
its December meeting.
The SPDR S&P 500 ETF Trust, the Invesco QQQ Trust ETF,
And the SPDR Dow Jones Industrial Average ETF Trust
were mixed in pre-market trading on Thursday.
The SPY was down 0.39% at $756.84.
The QQQ declined 0.78% to $684.99.
And the DIA rose 0.02% to $524.55.
Stocks in focus for today are...
NVIDIA was 6.57% lower in pre-market on Thursday after
the New York Times reported Wednesday
that CEO Jensen Huang had a second extramarital affair
and the board may remove him.
Tetra Tech was 8.42% higher in pre-market
on Thursday after it reported fourth quarter
2026 earnings of 49 cents on revenue of $1.34 billion,
beating estimates.
Franco Nevada was 0.14% lower in pre-market trading
on Thursday after it reported third
quarter 2026 earnings of $1.89 on revenue
of $549.3 million. CoreWeave was 5.54% lower in
pre-market on Thursday following
its earnings-led jump of about 25% on Wednesday.
Reuters reported last week that voter opposition
to data center development across 10 states
backed restrictions
or rejected proposals to develop data centers in their communities.
Cisco Systems was 0.74% lower in pre-market on Thursday,
as analysts expect first quarter
2027 earnings of $1.33 per share on revenue
of $18.12 billion after the closing bell.
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