Tevel

World news, in Hebrew and English

The 11:00 report · 12.11.2026

Today's reports center on the dramatic turmoil at the head of the chip giant Nvidia, which is accompanied by falling stock prices, and a significant security incident in the Gaza Strip. Alongside these, we report on the quarterly financial results of Foxconn and a fatal building collapse in Brooklyn.


Foxconn reports 34% rise in Q3 profit

The Taiwanese technology company Foxconn has released its financial reports for the third quarter, showing a 34% increase in profits, a figure that exceeded market analyst forecasts. Despite the positive financial results, the company expressed only cautious optimism regarding future operations, pointing to potential difficulties in global supply chains. The importance of this report stems from Foxconn's position as a key player in the manufacture of electronic components, with its influence on the global market particularly evident during production or logistics disruptions.

Drama at Nvidia: Board deliberates ouster of CEO Jensen Huang

The management crisis at the chip giant Nvidia is intensifying, as the board of directors discusses the removal of CEO and founder Jensen Huang against the backdrop of revelations regarding personal relationships with a woman suspected of spying for China, alongside other affairs. The company has opened an independent investigation and is examining potential candidates for his replacement, a move that has caused sharp drops in the company's stock and raised concerns among analysts regarding changes in senior leadership. The event is significant given Nvidia's strategic importance in the global chip industry and the implications of investigations concerning the leakage of sensitive technology amidst American export restrictions.

Turmoil at Nvidia: Independent Investigation into CEO Huang

The board's independent investigation into the conduct of CEO Jensen Huang is expanding, while market experts are lowering their target price for the company's stock due to organizational instability. These developments follow earlier Tevel reports regarding the CEO's involvement in personal affairs and connections with parties raising suspicions of foreign intelligence activity, leading to growing market assessments that the founder's departure is imminent. This impacts investor confidence and calls into question the continued orderly management of the American giant.

IDF Strike at Nasser Hospital: Reports of Casualties

The IDF and the Shin Bet attacked a Hamas target within the Nasser Hospital complex in Khan Yunis in the southern Gaza Strip, which they claim was used by senior terrorists to plan attacks while exploiting civilian infrastructure. Reports from the Strip, including from the IRNA news agency, indicate fatalities and injuries as a result of the strike, while Hamas has condemned the operation. The background to these reports lies in the IDF's policy of striking terror infrastructure operating within medical complexes, operations that have drawn international criticism and reports of real damage to hospital infrastructure and its occupants.

New York: Two dead in Brooklyn building collapse

Two people have been killed and many others injured in the collapse of a three-story residential building into an adjacent excavation site in the Flatbush neighborhood of Brooklyn, New York. Rescue teams are operating on the ground amid concerns that additional people may be trapped under the rubble. The importance of the incident lies in the circumstances of the tragedy in the heart of a densely populated urban area, as the investigation into the causes of the collapse is expected to raise questions about the safety of construction sites and their immediate surroundings.

Written automatically from the Tevel reports linked in it.