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Finance & Markets

Nvidia Shares Plunge As Board Reportedly Prepares To Oust CEO Jensen Huang

The AI chipmaker’s board reportedly met on Wednesday to discuss removing the company’s co-founder and CEO following revelations about two extramarital affairs, including one involving an alleged Chinese spy.

Nvidia Shares Plunge As Board Reportedly Prepares To Oust CEO Jensen Huang

We haven't written up this one. Forbes has the full story — the link below goes straight to it.

Read the original at forbes.com →

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Skydance: 3 Key Takeaways for Long-Term Investors

Its $50 billion cost base and 20-plus work streams are only part of the story; the debt plan rests on operating cash flow alone.

  • Skydance aims to cut costs and consolidate services, generating $6B in synergies over three years
  • Company plans to lower net leverage below 3x EBITDA by 2029 through organic cash flow

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