Bitcoin fell below $70,000 early Friday, touching its lowest level since Aug. 19, as a stronger dollar and rising Fed rate-hike odds weighed on risk assets, CoinDesk reported. The largest cryptocurrency dropped to $69,000 and is down 17% this quarter, reversing much of the rally of the previous three months. Ether fell below $2,000 for the first time since August, XRP traded near $1, Solana slipped below $80 and smaller tokens including GT, Stacks and XMR fell 7% or more. The Dollar Index traded above 103, its highest since April 2025, having risen nearly 2% since early October as expectations for Fed tightening firmed. Odds of a half-point December increase have increased since this week's hotter-than-expected October CPI reading. Middle East tensions added to the pressure, with Iran's IRGC saying it destroyed a US early-warning radar in Bahrain in response to an air attack on a telecoms tower in Sirik, describing the strike as a serious warning to the aggressor enemy and demanding an end to what it called aerial provocations and oil smuggling in the Strait of Hormuz. WTI still traded around $88, slightly below Thursday's high of $89.15. More than $1.3 billion of crypto futures bets were liquidated in 24 hours, of which bitcoin accounted for $677 million, according to Coinglass. Nearly $500 million occurred as BTC broke below $70,000, with the largest single liquidation a long BTC position worth more than $31 million on Hyperliquid.

Yahoo Finance named AMD CEO Lisa Su its 2026 CEO of the Year. According to Sina Finance, AMD shares rose 158% during the year, while Nvidia fell 7% and Broadcom declined less than 1%; the S&P 500 gained 11% and the Nasdaq Composite rose 10%. Su joined AMD as a senior executive in 2012 and became CEO in 2014. During 2026, AMD acquired World Labs for $8.2 billion. World Labs develops software related to 3D environments, and its leader, Fei-Fei Li, is set to join AMD as executive vice president and chief scientist, reporting to Su. AMD's third-quarter revenue rose 45% year over year to a record $13.38 billion, while adjusted earnings per share climbed 74% to $2.09. Data center revenue grew 97% to a record $8.5 billion, supported by demand for EPYC server processors and increased production of Instinct MI450 AI accelerators. AMD expects fourth-quarter data center revenue to rise 50% sequentially. Su forecasts that company revenue will grow more than 80% in 2027, with server revenue doubling and data center AI revenue more than doubling. AMD also introduced its Instinct MI450 GPUs and sixth-generation EPYC Venice CPUs for its Helios rack-scale AI system.

There was no farewell speech, no long-planned handover ceremony, and not even a confirmed successor. A single announcement on Nvidia's website marked the end of Jensen Huang's 33-year tenure at the company.

Before AI grows into a large-scale autonomous procurement entity, it has already become an important entry point for business interaction.

Nvidia co-founder Jensen Huang has abruptly resigned as the company's president and CEO and stepped down from its board, effective immediately, triggering a leadership transition at the artificial intelligence chipmaker after more than three decades under his control.

For the AI ​​industry, this is an earthquake. But for Americans living next door to data centers, who becomes Nvidia's CEO is not important; what they care about more is whether they can get a good night's sleep tonight and how much their electricity bill will be next month.

Nvidia, Jensen Huang, Artificial Intelligence, Chips, Nvidia: No More CEO Jensen Huang. Golden Finance: Jensen Huang, dressed in a black leather jacket, stepped down from the GPU stage he created.

The US job restructuring amid low layoffs and weak hiring: from Microsoft's voluntary buyout and American Express's downsizing to data center-driven construction expansion, analyzing productivity gains distribution, youth employment frictions, and structural transformation risks.

After 33 years at the helm of Nvidia, Jensen Huang’s sudden resignation marks an extraordinary reversal for one of the most influential figures in technology. What began as revelations about his private relationships quickly evolved into a corporate governance crisis, a national-security investigation and a leadership vacuum at the centre of the AI economy.

The core motivation behind this crackdown, clearly targeting Jensen Huang, is the resistance to open-source AI from all sides; all other factors are secondary. We must protect and encourage the open-source development of this technology.

Why did Jensen Huang, who led Nvidia for 33 years, leave the company in such a short time, only to be ousted after just 14 days?

Reuters has revealed further details of a close relationship between Jensen Huang and another Nvidia employee. Wall Street believes Huang's departure may not alter the overall trend of AI investment. Investors are quickly turning their attention to the long-term demand for AI and potential beneficiaries.