Plain-English news on the S&P 500, Nasdaq, Dow and the biggest S&P 500 companies, refreshed through the trading day.
Last updated: Nov 12, 2026, 9:15 PM ET
News summaries for information only, not investment advice.
Latest
- Breaking Jensen Huang resigns as Nvidia CEO; CFO Colette Kress steps in. Nvidia said its co-founder has stepped down as CEO and left the board, effective immediately, and that CFO Colette Kress will serve as interim chief while the board searches for a permanent successor. Longtime director Harvey Jones becomes the company’s first board chair. (NVDA) Source: nvidianews.nvidia.com (Nvidia press release)
- Cisco tops estimates and raises its full-year outlook. The networking company reported record quarterly revenue, up 24% from a year ago, and lifted its fiscal 2027 sales and profit guidance. It now expects about $9 billion in AI infrastructure orders from big cloud companies this year. (CSCO) Source: newsroom.cisco.com (Cisco press release)
- Applied Materials guides above forecasts on AI chip demand. The chip-equipment maker posted record fourth-quarter revenue and gave a next-quarter forecast ahead of Wall Street expectations, citing strong spending on AI-related chips. (AMAT) Source: reuters.com via investing.com
- Corteva sinks after cutting its profit outlook on Brazil slump. The crop-protection company slashed its full-year core profit forecast and warned that weak demand and excess inventory in Brazil will drag on. The shares had their worst one-day drop on record. (CTVA) Source: reuters.com via investing.com
- Treasury yields climb back above 5% as oil jumps on Iran comments. The 10-year yield rose after President Trump said the U.S. does not need a deal with Iran, and oil rallied as attacks on Saudi energy sites escalated. Traders are weighing the odds of a bigger-than-usual Fed rate hike in December. (10-Year Treasury, Brent crude) Source: reuters.com via euronext.com
- Wall Street ends slightly lower after a volatile session. Stocks fell early on the Nvidia news but recovered most of the loss, with all three major indexes closing modestly down. Rival chipmakers AMD and Broadcom were among the day’s biggest gainers. (S&P 500, Dow, Nasdaq Composite) Source: apnews.com