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via finance.yahoo.comMarkets

Huang resignation weighs on Nasdaq futures; Cisco and Applied Materials outlooks upbeat

FROM THE WIRE · FINANCE.YAHOO.COM

Investing.com - Futures connected to the major U.S. stock indices edge lower, with the contract linked to the tech-heavy Nasdaq leading the declines, as tremors from outgoing Nvidia CEO Jensen Huang's resignation rattle through global markets. Even as investors fret over the…

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MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bearishNvidia CEO's resignation weighs on tech futures, while Cisco and Applied Materials outlooks support AI demand.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01U.S. stock index futures are mostly lower, with the Nasdaq-linked contract leading declines.
  2. 02Cisco Systems and Applied Materials provide upbeat outlooks that underscore AI demand strength.
  3. 03Gold bounces from a 13-month low.
  4. 04Microsoft is still working to fix its Outlook and Teams services.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
NVIDIA CorporationNVDAStock166.19 USDMarket closedtoday -4.34%Negative Cisco Systems, Inc.CSCOStock102.01 USDMarket closedtoday +1.24%Positive Applied Materials, Inc.AMATStock380.95 USDMarket closedtoday -3.58%Positive NASDAQ CompositeINDEX:IXICIndex25,366.09Market closedtoday -0.39%Negative GoldCOMMODITY:GOLDCommodity3,902.10 USD-0.04%today +0.43%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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