Hoping to Sell Your Home in the Spring? It’s Not Looking Good

Nvidia shares fell in premarket trading on November 12, 2026, after reports indicated the company is likely to remove CEO Jensen Huang due to allegations involving two extramarital affairs and a spy scandal.
Hoping to Sell Your Home in the Spring? It’s Not Looking Good

A facts-only brief, written by a local AI model from this article in The Wall Street Journal, November 12, 2026. It may contain mistakes, and it is not the article: the full story is at wsj.com.

Nvidia shares fell in premarket trading on November 12, 2026, after reports indicated the company is likely to remove CEO Jensen Huang due to allegations involving two extramarital affairs and a spy scandal. Competitors Advanced Micro Devices and Broadcom saw their stocks rise by more than 3% as investors positioned for potential market share gains, while Nvidia suppliers Sandisk and Micron Technology declined. Cloud providers CoreWeave and Oracle also dropped, reversing previous gains, and Strategy shares fell after MSCI announced it would exclude the stock from global benchmarks at the end of the month.

Background

  • Home builders started 22% fewer new homes in October than in September, a drop significantly larger than the 3% average seasonal decline since 2012, according to John Burns Research and Consulting.
  • Builders currently hold 50% more unsold completed homes per community than is typical for this time of year, reflecting weak buyer demand.
  • Mortgage rates exceeded 7% in September after 10-year Treasury yields surpassed 5% for the first time since 2007, a level attributed to concerns over U.S. government debt.
  • Nvidia previously generated 22% of its revenue from Singapore, but that region disappeared from its financial disclosures after the company placed Megaspeed International on an internal block list.

Read the full article at wsj.com

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