Live: ASX to fall as Nvidia shares tumble following CEO exit

Australian shares are expected to open lower as Wall Street fluctuates, with Nvidia shares plummeting due to the resignation of CEO Jensen Huang. The CEO's departure comes after two alleged extramarital affairs were revealed, including one with a woman believed by US intelligence to be a Chinese spy. Meanwhile, Microsoft platforms, such as Outlook, experienced a widespread outage.

The day's financial updates and insights from our expert business reporters can be found in our live blog. Please note, this blog is not meant to provide investment advice. For a recap of yesterday's financial news, including the latest on Nvidia, tune into finance presenter David Chau's wrap. Meanwhile, the ASX closed Thursday slightly lower, and the Australian dollar reached 68.4 US cents.

Good morning and happy end of the workweek! I'm Lin Lin, here to guide you through the next few hours. Overnight, it was reported that Jensen Huang had resigned, following revelations of two alleged extramarital affairs. One affair involved a woman suspected by US intelligence to be a Chinese spy. Today, Reuters confirmed that Huang had an intimate relationship with an unnamed Nvidia employee, citing two sources familiar with the situation.

On the other hand, if you're struggling with Microsoft Outlook this morning, it's due to a global outage affecting over 120,000 users, as per the reports on Downdetector. It's only 7am, and the business and market scene is already proving to be lively.