Nvidia Names Kress Interim CEO After Huang Exit as Trump Cools on Iran Deal

Nvidia names Colette Kress interim CEO after Jensen Huang’s exit, as the fallout raises fresh questions around US-China technology tensions and access to advanced chips. Beijing warns Washington against using the scandal as a reason for tighter restrictions, while reports of another relationship involving Huang add to the pressure on the company. Anthropic’s IPO also remains in focus, with the deal reportedly six times oversubscribed and seeking to raise about $64.4 billion. Dubai businessman Hussain Sajwani says he is pleased with his AI investments as enthusiasm around the sector continues. Oil holds onto gains as Trump casts fresh doubt on diplomacy with Iran, increasing the risk of a longer regional standoff. Gulf states continue to watch for signs of whether talks can be revived. Ukraine’s Volodymyr Zelenskyy says progress is being made in peace negotiations after meeting US envoys Steve Witkoff and Jared Kushner in Ireland. EGA says production at its Al Taweelah smelter has fully recovered, although nine-month cast metal output remains below last year’s level. Talabat reports third-quarter revenue growth of 18% to $1.2 billion, helped by seasonal demand around the back-to-school period. Asian stocks give up earlier gains and bonds weaken ahead of US producer-price data, while Microsoft works to resolve software problems affecting users. Guests Includes Anita Krishna Gupta, Wealthbrix Capital Partners CIO, Pål Kildemo, Emirates Global Aluminium CFO, Jack Hidary, SandboxAQ CEO and Toon Gyssels, Talabat CEO. Horizons Middle East & Africa is your daily spotlight on one of the world's fastest-growing regions. Live from Dubai, we bring you the latest global markets and analysis, plus news-making interviews, with a special focus on MEA. All that and more, as you head to the office in the Gulf, pause for lunch in Hong Kong, or start your day in London or Johannesburg. Chapters: 00:00:00 - Introduction 00:04:55 - Nvidia Saga Triggers China Chip Access Fears 00:09:21 - Anita Krishna Gupta, Wealthbrix Capital Partners CIO 00:15:56 - Pål Kildemo, Emirates Global Aluminium CFO 00:25:56 - Trump Casts Doubt on Iran Diplomacy 00:28:56 - Zelenskyy Hails Progress in Peace Talks 00:31:56 - Jack Hidary, SandboxAQ CEO 00:37:46 - Toon Gyssels, Talabat CEO -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts