Nvidia announced at 8:50 a.m. that founder Jensen Huang had resigned as president, chief executive and a director, effective immediately, ending a 33-year run — and named CFO Colette Kress interim chief. The stock fell about 12% at the open, to below $150, before clawing back to roughly 6% down by late morning, with about $600 billion in market value gone this week; earnings are still due Tuesday.
Nvidia stock has fallen 35% from its all-time high | Huang resigns; shares drop 10%, Kress named interim chief
ELECTIONS & CONGRESS
COLOM WINS MISSISSIPPI — FIRST BLACK SENATOR FROM THE STATE SINCE 1874 — Democrat Scott Colom beat Sen. Cindy Hyde-Smith by 4,669 votes, 49.2% to 48.7%, in a race the AP called Wednesday evening — the first Democrat to win a Mississippi Senate seat since John Stennis in 1982, and the Democrats’ eighth pickup, giving them a 55-44 Senate edge with Alaska still uncalled.
ALASKA STILL UNCALLED — PELTOLA’S LEAD NARROWS TO 3,975 — Mary Peltola held 48.7% of first-choice votes to Dan Sullivan’s 47.1% after 5,600 more ballots, mostly from Republican-leaning areas; the next big update comes Friday, with ranked-choice tabulation Nov. 18 if needed and certification Nov. 25.
TWO HOUSE RACES IN DEAD HEATS AS DEMOCRATS HOLD 255-168 — Rep. Scott DesJarlais is essentially tied with Victoria Broderick in Tennessee, and Rep. Brad Finstad trails Jake Johnson by a tenth of a point in Minnesota; 12 House races remain uncalled.
BLUE DOGS DOUBLE TO 24 AFTER THE WAVE — The House Blue Dog Coalition went from 10 members to 24 as Democrats swept in from rural and conservative regions; co-chair Marie Gluesenkamp Perez calls it “an affirmation” of pragmatist candidates.
GARCIA: HEGSETH IMPEACHMENT “HAS NOT ENDED” — The incoming Oversight chairman told NPR he will keep pursuing impeachment of Defense Secretary Pete Hegseth, accusing him of overseeing civilian killings at sea, misappropriating funds and launching illegal wars.
BUSINESS & YOUR MONEY
JOBLESS CLAIMS RISE TO 200,000 — STILL A TIGHT LABOR MARKET — Initial claims rose 9,000 last week, a bit above the 195,000 forecast, but claims have stayed at or below 200,000 since mid-September; continuing claims fell 20,000 to 1.697 million, leaving the Fed focused on inflation, with a December hike nearly priced in.
KOSPI SNAPS ITS RALLY AS NVIDIA JITTERS HIT SEOUL — South Korea’s benchmark fell 0.61% to 5,342.73, ending a two-day rally, as Nvidia’s leadership crisis weighed on chip names — Naver plunged 6.43% and SK hynix 1.8%, though foreigners were net buyers.
BERNSTEIN HALVES NVIDIA TARGET AS ALIBABA SLIDES 7% — Bernstein cut its Nvidia price target to $200 from $400, and Alibaba fell as much as 7.1% in Hong Kong on fears Chinese cloud operators’ access to advanced chips could face tighter U.S. scrutiny; AMD and Broadcom rose as peers diverged.
QUICK HITS
MISSISSIPPI COUNTIES MUST CERTIFY BY FRIDAY
ALASKA RANKED-CHOICE TABULATION SET FOR NOV. 18
COLOM FIRST DEMOCRAT TO WIN MISSISSIPPI SENATE SEAT SINCE 1982
HOUSE 255-168, 12 RACES UNCALLED
TRUMP FACES DEMOCRATIC CONGRESS FOR FIRST TIME IN EITHER TERM
FEDERAL GOVERNMENT
WHITE HOUSE WARNS DEM PROBES COULD BE “CRIMINAL” — GARCIA WON’T BACK DOWN — White House counsel Will Scharf told incoming Oversight chairman Robert Garcia that Democratic investigations could cross into “blatant criminality”; Garcia told NPR’s Morning Edition the party will press ahead, with the Kushner family’s $2 billion Saudi investment a top target.
ONE DEAD, FOUR HURT IN LOGAN CIRCLE GYM SHOOTING — A gunman opened fire at a VIDA Fitness gym about a mile north of the White House just before 8 a.m., killing one person and wounding four, then barricaded himself in a seventh-floor apartment and died of a self-inflicted gunshot wound after an hour-long standoff.
SUPREME COURT LETS BIG BEND WALL BUILDING RESUME, 8-1 — The court lifted a lower judge’s block on border-wall construction across the Big Bend region, finding the government “exceedingly likely to prevail” on DHS’s waiver authority; Justice Jackson was the lone dissenter.
COURT BLOCKS IMMIGRATION CONDITIONS ON PUBLIC-SAFETY GRANTS — A Rhode Island federal judge permanently barred the administration from conditioning congressionally authorized public-safety grants on states’ cooperation with immigration enforcement, in a case brought by 22 attorneys general and Pennsylvania’s governor.
JUDGE LETS TRUMP’S $10 BILLION BBC SUIT GO FORWARD — A Trump-appointed Florida judge ruled the defamation claim over a BBC documentary’s edit of his Jan. 6 speech is plausible enough to proceed, though it proves nothing yet; the Florida consumer-law claim was dismissed.
JUDGE TOSSES HARVARD ADMISSIONS SUIT — DOOR LEFT OPEN — Judge Myong Joun dismissed the Justice Department’s suit seeking Harvard’s admissions records, ruling the government had not shown it followed required procedures before suing; the dismissal is without prejudice.
BUSINESS & YOUR MONEY
USDA PLAN WOULD CUT 6.3 MILLION FROM FOOD STAMPS — A proposed rule to end broad-based categorical eligibility would cut SNAP rolls by 6.3 million people, about 17% of recipient households; anti-hunger groups warn it would also cut access to school meals.
DOORDASH-INSTACART FUSION FACES THE AMAZON TEST — The proposed $17 billion combination would have to prove a delivery giant can stand up to Amazon and Walmart in logistics and scale.
HOUSING MARKET FLASHES A WARNING SIGN — Pending home sales fell 10.5% from a year ago as would-be buyers stay on the sidelines — the latest sign the housing market is stalling.
QUICK HITS
BBC DEPOSITION: TRUMP MUST SIT BY DEC. 11
FED LEFT RATES AT 3.75%-4.00% LAST MONTH
MEDIAN UNEMPLOYMENT DURATION 11.9 WEEKS, LONGEST SINCE 2021
GEOPOLITICS
MILLIONS THRONG LIMA AS POPE LEO URGES FUJIMORI TO HEAL PERU’S WOUNDS — Crowds flooded Lima’s streets for the second day of the pope’s emotional homecoming — a record 3 million turned out Wednesday — as Leo urged President Keiko Fujimori to confront the country’s turbulent past; a youth vigil at the national stadium is tonight, and he flies to Chiclayo Friday.
WITKOFF: “PROGRESS WAS MADE” WITH PUTIN — ENVOYS HEAD TO DUBLIN — After a two-hour Kremlin meeting, Witkoff said the trilateral talks have restarted and a new meeting is set; he and Kushner now fly to Dublin to brief Zelensky, who sees a “window of opportunity” for a deal this year — though Putin said European troops in Ukraine would be “absolutely unacceptable.”
COP31 LEADERS CLASH AS VENEZUELA ASSERTS RIGHT TO PUMP MORE OIL — Two days of leaders’ speeches in Antalya left negotiators with clashing demands — island states pleading for emissions cuts, producers defending fossil fuels — as Venezuela’s acting president Delcy Rodriguez reaffirmed her country’s “sovereign right” to develop its oil industry.
FITCH PUTS PARAGUAY ON NEGATIVE WATCH AS 95% OF SAVERS REPAID — Fitch kept Paraguay at BB+ but warned the Ueno collapse could spill into banking, public finances and growth; nearly 95% of the bank’s 1.74 million savers have been repaid about $330 million, while prosecutors have charged 35 people and the vault at Peña’s home turned up empty.
INDONESIA’S VP RESIGNS, ESCALATING A DESTABILISING FEUD — Vice President Gibran Rakabuming Raka handed his resignation to parliament, escalating the feud inside Indonesia’s ruling camp, even as former president Jokowi pledged support for President Prabowo.
BUSINESS & YOUR MONEY
SPAIN’S WORKERS HOLD GENERAL STRIKE OVER HOUSING COSTS — Spanish workers staged a general strike over housing costs ahead of a national election, in a country where the housing squeeze has become the defining political fight.
CHINA AT COP31: ELECTRIFICATION PLEDGE TAKES CENTER STAGE — Beijing sent 1,021 delegates to Antalya, its largest COP contingent yet, as Vice-President Han Zheng reaffirmed China’s aim of a 35% electrification rate by 2030 — and talk turns to whether China hosts COP33 in 2028.
QUICK HITS
POPE TO CHICLAYO FRIDAY; 1M+ EXPECTED AT MASS
ZELENSKY: STARSHIELD “SIGNIFICANT DISRUPTIONS” AGAIN
RUSSIAN COLONEL KILLED BY CAR BOMB IN ST. PETERSBURG
SPORTS
COMMANDERS, GIANTS REMATCH TONIGHT AFTER 27-27 TIE — The NFC East rivals meet at MetLife at 8:15 p.m. on Prime Video, a month after their first game ended deadlocked; the division-leading Giants (5-2-1) host a Washington side at 2-5-1, with rain in the forecast.
TWO 22-POINT COMEBACKS IN ONE NBA NIGHT — San Antonio erased a 22-point hole in Chicago for its tenth straight win behind Victor Wembanyama’s 32, and Boston did the same in Toronto — the biggest blown home lead in Raptors history — scoring the game’s last eight points.
ROCKETS END WARRIORS’ STREAK AS CURRY EXITS HURT — Houston snapped Golden State’s eight-game winning streak 115-108, but the night’s worry is Stephen Curry, who lasted about six minutes before leaving with an ankle tweak — and as of Thursday morning the Warriors still had no MRI results to share.
TOLEDO BLANKS UMASS 24-0 IN MACtion SHUTOUT — The Rockets (8-2) rolled to a wire-to-wire shutout at the Glass Bowl, their first back-to-back shutout seasons since 1993-94, and now sit in a four-way tie atop the MAC.
NO. 4 AIR FORCE STUNS TOP-SEED COLORADO COLLEGE 2-1 — The Falcons upset the Mountain West’s top seed in the semifinal for their first tournament win since 2004 and a program-best 12th win of the season; they face Wyoming in Saturday’s final.
TRAVEL
EUROPE’S CHRISTMAS MARKETS OPEN — VIENNA FRIDAY, STRASBOURG NOV. 27 — The 2026 season is here: Vienna’s Rathausplatz market opens Nov. 13, Dresden’s 592-year-old Striezelmarkt follows Nov. 25, and Strasbourg, the self-styled Capital of Christmas, lights up Nov. 27.
NORTHERN LIGHTS 2026: WHERE THE SKIES ARE CLEAREST — Abisko in Sweden has the best measured odds in Europe, Yellowknife the clearest skies in North America, and Fairbanks the best American bet — late February and March are the sweet spot, when the nights are still long and prices fall.
ITALY IN WINTER: VILLAGES, SLOPES AND QUIET CINQUE TERRE — Beyond the Dolomites’ 1,200 km of slopes ahead of the Milano-Cortina Olympics, winter dresses Italy’s borghi — Scanno, Castelrotto, Canale di Tenno — in hushed charm, and the Cinque Terre trails turn dramatic and solitary.
JAPAN’S AUTUMN LEAVES PEAK LATE THIS YEAR — KYOTO INTO DECEMBER — A hot summer pushed koyo late: Tokyo’s ginkgo turns gold around Nov. 26 and its maples Nov. 28, while Kyoto’s red maples last until about Dec. 11 — aim for the last week of November for both cities together.
CHRISTMAS IN UMBRIA’S HILL TOWNS — ORVIETO, ASSISI, SPELLO — The hill towns dress for the holidays: lights over the lanes of Città della Pieve, a giant Christmas tree laid out on Lake Trasimeno, Umbria Jazz Winter in Orvieto Dec. 30-Jan. 3, and Spello’s medieval Christmas music.
FOOD
A JAMES BEARD WINNER’S THANKSGIVING SIDES — CHICKEN-FAT MASHED POTATOES — Hailee Catalano, whose cookbook By Heart won a 2026 James Beard Award, shares three sides for the holiday table: steamed kabocha squash, mashed potatoes enriched with rendered chicken fat, and creamed corn biscuits with Calabrian chile honey butter.
AN ALL-MARQUETTE HOLIDAY MEAL — FROM CRANBERRIES TO CANNOLI — Marquette alumni supply the whole Thanksgiving table: the world’s largest cranberry grower, a Wisconsin potato giant, pretzel stuffing from Milwaukee Pretzel Co., and cannoli from a Chicago-suburb shop owner.
A SCRATCH-MADE SOUTHERN THANKSGIVING, FROM MOM’S RECIPE BINDER — One cook rebuilds her mother’s binder from scratch — no canned soup, no Cheez Whiz, no Cool Whip — with a three-week plan so no single day asks more than two hours of hands-on work.
SOUL FOOD THANKSGIVING 2026: CORNBREAD DRESSING IS THE MAIN EVENT — Cajun turkey, baked mac and cheese, candied yams, collard greens and sweet potato pie — the dishes that carry history, love and a whole lot of flavor, from a Louisiana-rooted kitchen.
SEVENTEEN YEARS OF THANKSGIVING MENUS — INCLUDING LASAGNA INSTEAD OF TURKEY — One cook’s saved menus from 2009 to 2026 follow her travels — barbecue country, Barcelona, the Pacific Northwest, Italy — and last year the turkey was skipped entirely for lasagna Bolognese.
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