Data sourced from Bloomberg shows that the 26 companies that have Indian-origin CEOs effectively constitute over 5% of the S&P 500 Index and 13% of its total market cap.
Nvidia CEO Jensen Huang’s reported departure rattled global markets, triggering concerns over the chipmaker’s leadership, AI investments and data-centre financing strategy. Nvidia shares tumbled, while
US stocks closed lower as Nvidia’s decline following CEO Jensen Huang’s departure outweighed a rally in energy shares. The S&P 500 fell 0.34%, the Nasdaq
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