The 17:00 report · 9.11.2026
The financial and political arenas are under pressure today, with major corporate volatility and legal developments marking the headlines.
Nvidia stock falls as board investigates CEO Jensen Huang
Nvidia shares fell by approximately 6% as the board of directors deepened its independent investigation into CEO Jensen Huang. The inquiry follows revelations regarding an intimate relationship Huang held with a woman suspected of acting as a Chinese intelligence agent. While the company has previously stated that there is no reason to believe business secrets or United States national security were compromised, the ongoing uncertainty surrounding the investigation and its potential long-term impact on leadership continues to impact the company's valuation in the markets.
Nvidia shares plunge following investigation into CEO Jensen Huang
The controversy surrounding Nvidia CEO Jensen Huang remains a focal point, as the board probes his ties to a woman suspected of spying for China. Despite Huang's apology and President Donald Trump's public support, describing him as an honorable man, market anxiety persists. Although the company maintains that no secrets or national security interests were harmed, industry analysts have warned that the situation creates significant reputational risk. This instability follows several days of negative market sentiment triggered by the initial reports of the investigation and the resulting internal pressures within the company.
Reports: Aron Orban, brother of former PM, arrested in Budapest
Aaron Orban, the brother of former Hungarian Prime Minister Viktor Orban, has been arrested in Budapest on suspicion of human trafficking. The Fidesz party has denounced the arrest as political harassment, framing it as an attempt to establish a new single-party regime. The arrest of a close relative of such a prominent political figure has stirred the local political landscape. At this stage, official details regarding the specific allegations or the circumstances of the investigation remain limited, leaving the broader implications of the case to unfold.
Food prices on the rise
Israeli consumers face a new wave of food price increases, with Nestle announcing an upcoming hike of up to 6.8% on its ice cream products. This development comes amid broader inflationary pressures in the food sector. Public focus has also been drawn to the rising cost of the popular winter treat, the Krembo, which has seen its price climb by approximately 50% over the last three years, highlighting the ongoing strain on household grocery budgets across the country.
Monday.com shares plunge following earnings report
Shares of the Israeli software company Monday.com have fallen sharply on Wall Street, despite the firm exceeding analyst expectations and raising its annual growth forecast. Investors are reacting with concern to management's statements regarding operational challenges associated with the company's transition to an AI-driven model. Additionally, the company projected a slowdown in growth for the fourth quarter, further pressuring the stock, which has declined by about 40% year-to-date. The market remains wary of the transition process and the potential risks inherent in the company's updated strategy.
Written automatically from the Tevel reports linked in it.