For the first time in a long time, Nvidia’s investors may be feeling a little cold about their investment’s performance. Last week, the famed chipmaker and many of its peers in the wider AI and technology industry suffered an estimated $2.5 trillion rout as investors questioned the hurdles facing the sector. The issue is political:
This as-told-to essay is based on a conversation with Bobby Powers, 39, a leadership coach in Seattle. While working in HR at a media startup, he helped oversee layoffs and was later laid off himself. Business Insider has verified his prior employment and subsequent layoff. The following has been edited for brevity and clarity. One
Dilip Rao spent the 2026 midterm campaign listening for someone to talk about hunger. He says almost no one did. “You read these stats about how 48 million Americans or 50 million Americans live in food-insecure households. That’s the reported number!” said Rao, CEO and co-founder of Sharebite, a New York–based employee meal-benefits platform. He
Jensen Huang’s note to staff on Sunday, in which he acknowledged being unfaithful to his wife, came as Nvidia opened an independent investigation into reports that he may have been the target of a “foreign intelligence effort.” At the center is Alice Huang, who has been an executive for Megaspeed, an Nvidia customer. The New
Every generation entering the workforce has its work ethic put on trial. For Gen Z, the charge is a reluctance to stay reachable once the workday ends. New survey data suggests the bargain they are questioning is lopsided. In a June 2026 survey of 1,006 U.S. employees by Software Finder, 69% said being available after
President Donald Trump backed Nvidia CEO Jensen Huang on Sunday after Huang said he had been unfaithful to his wife with a woman US intelligence reportedly suspects was a Chinese spy. “I think he’s an honorable guy,” Trump told reporters on Sunday. “I think he probably has an excuse for it. You have to hear
