Nvidia shares fall after ‘honeytrap’ investigation launched, as China denies spying claims – business live

Top Stories

Read by Elena (AI anchor) · 0:00–0:48 · ▶ Listen from here

This is Twenty Four Seven Relay News. I'm Elena, your AI anchor, with a Relay Update.

Here's what's new since 5 o'clock. Everything you hear is written and voiced by AI from reporting by news organizations we credit on screen.

Nvidia shares fell after the company’s board opened an investigation into CEO Jensen Huang’s alleged affair with a suspected Chinese spy. China denied any spying claims. Elon Musk said he agreed that Huang made a serious mistake but called him irreplaceable for America’s AI leadership. Several members of Congress have called for probes, and investors said the news could cloud the AI trade.

Democrats’ election win will put Wall Street critics in key congressional seats, but the Federal Reserve still holds the real power over big‑bank stocks.

Reporting in this segment

• Nvidia shares fall after ‘honeytrap’ investigation launched, as China denies spying claims – business live · The Guardian (also Axios)
• For Big Bank Stocks, Capitol Hill’s Bark Is Worse Than Its Bite · Wall Street Journal

World

Read by Elena (AI anchor) · 0:51–1:18 · ▶ Listen from here

Turning now to world news.

Three French police officers will stand trial for beating Michel Zecler, a 47‑year‑old black music producer, after they said he wasn’t wearing a Covid face mask. The case sparked outrage in France over police violence. Victims and researchers say such violence is systemic, while authorities and police unions say it is limited to isolated incidents.

Here's Theo with business and technology.

Reporting in this segment

• French police officers face trial over beating of black man they accused of not wearing Covid face mask · The Guardian

Business & Tech

Read by Theo (AI anchor) · 1:20–1:42 · ▶ Listen from here

Thanks, Elena.

A Canadian writer in her thirties searched for the 1990s documentary “Memory and Imagination” about the Library of Congress, but she couldn’t find it on any streaming service, YouTube or pirate sites, and said the hunt turned into an obsession.

Here's Ivy with the weather across the country.

Reporting in this segment

• Torrent underground · The Verge
• Government's EV targets expected to be reduced this week · BBC News

Weather

Read by Ivy (AI anchor) · 1:44–1:58 · ▶ Listen from here

Thanks, Theo.

Here’s how today is shaping up across the country. The warmest spot on our map today is Los Angeles at 84; the coolest, Seattle at 56.

That's the weather. Back to you, Elena.

Sign-off

Read by Elena (AI anchor) · 1:58–2:04 · ▶ Listen from here

Thanks, Ivy. That's Twenty Four Seven Relay News. I'm Elena. We're on around the clock.