Marketplace All-in-One

Until this week, Nvidia only ever had one CEO: Jensen Huang. Now, Colette Kress — previously the company’s CFO — will take on the role while the company searches for a permanent replacement. It’s the job of a corporate board to cultivate a successor, but that didn’t happen at Nvidia. This morning, we unpack what went wrong. Then, what happens to a small business when it faces eye-popping increases in healthcare premiums?

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Marketplace Morning Report is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.

Jensen Huang is out as the CEO of Nvidia, and the company’s board named chief financial officer Colette Kress as interim CEO. But a whole lot of questions remain.

Plus, some good news in AI: the debt-laden neocloud CoreWeave delivered strong earnings this week. And, the tech industry’s pivot to the left begins with … Palantir?

Anita Ramaswamy, financial columnist at The Information, joins Marketplace’s Meghan McCarty Carino to explain more on this week’s “Tech Bytes: Week in Review.”

More on this:

“NVIDIA Announces CEO Transition” from Nvidia

“Who Is Nvidia’s Interim CEO Colette Kress?” from The Wall Street Journal

“CoreWeave sparks AI cloud stock rally, lifts Nvidia as results ease bubble fears” from Reuters

“CoreWeave and These Other Stocks Are in the Nvidia Danger Zone” from Barron’s

“Big Tech pivots left” from Politico’s Playbook

“All the Ways Palantir is Assisting Trump’s Abusive Removal Campaign” from ACLU

Big Tech’s AI revolution is in limbo after the resignation of Nvidia CEO Jensen Huang. A giant among tech world giants, Huang played an immeasurable role in the global trajectory of artificial intelligence. What will the chipmaker — and the company so powerful it’s often referred to as AI’s central bank — do without its longtime leader? We’ll discuss. Plus: Tariffs continue to fuel inflation, JetBlue adds first-class tickets, and Bloomberg builds its own consumer price tracker.

Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.

Marketplace is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.

Read the stories in today’s episode:

Is Nvidia "too big to fail"?
Even as they stabilize, tariffs continue to drive up prices
A growing Wyoming town faces a housing development crossroads
After teacher burnout, she stitched together a new career as a fabric store owner
JetBlue adds first-class seats to boost profits
Bloomberg built its own high-frequency version of the consumer price index

Jensen Huang has resigned as CEO of one of the biggest tech companies in the world, Nvidia. It's been a week rocked by scandal for Huang after news of two extramarital affairs surfaced, the most recent of which was with a subordinate at the company. While his stepping down may not be surprising, what comes next for the company? Also in this episode: a pulse check on the housing market and a look at agriculture news coming out of Oklahoma.

Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.

Marketplace Morning Report is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.

The board of Nvidia is reportedly meeting to decide whether to oust CEO Jensen Huang after news of a second extramarital affair. Nvidia stock is down in pre-market trading. This all raises questions about the consolidation of power in one of the biggest companies in the world, responsible for 90% of the chips used in AI. Do we need more guardrails to prevent something like this from spilling into the rest of the economy? And later: how SNAP cuts are playing out in Oklahoma.

Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.

Marketplace Morning Report is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.

Stories from this podcast:

Checking in on the Oklahoma economy