Huang ouster fallout; Cisco, Applied Materials outlooks - what’s moving markets

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Investing.com - Futures connected to the major U.S. stock indices edge lower, with the contract linked to the tech-heavy Nasdaq leading the declines, as tremors from outgoing Nvidia CEO Jensen Huang's resignation rattle through global markets. Even as investors fret over the future of Nvidia, Cisco Systems and Applied Materials provide upbeat outlooks that underscore the strength of artificial intelligence demand. Microsoft said it was still working to fix its Outlook and Teams services, while gold bounces from a 13-month low. Our AI stock portfolio is beating the S&P 500 by 118%. Discover the stocks we're buying and the opportunities we're watching next. Exclusive for Yahoo! Finance readers: 55% off for Black Friday, plus an extra 15% at checkout.