November 12, 2026

The Australian News

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AUD falls to nine-month low, Nvidia prepares to oust CEO | Finance Report | ABC NEWS


Nvidia is preparing to get rid of CEO Jensen Huang after it was revealed he also had an extramarital affair with one of his female executives. Mr Huang is already under investigation for his affair with a suspected Chinese spy.
The ASX ended its day slightly lower. The Australian dollar dropped to 68.4 US cents, its weakest level since late January on bets the Reserve Bank (RBA) is at the end of its rate-hiking cycle.

Presented by David Chau.
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