Episode summary
Bloomberg Businessweek Weekend - November 13th, 2026 | Bloomberg Businessweek
Summary
The week’s biggest story was Nvidia’s abrupt leadership upheaval after reports that Jensen Huang was pushed out following allegations of two affairs, including one involving a woman suspected of spying for China. The hosts said Colette Crest was named interim CEO, Harvey Jones became chair, and investors are now focused on how much the episode could affect Nvidia’s future. A Bloomberg Tech guest argued the central market question is whether this is a key-man risk event or a case where Huang should have stayed until the investigations were complete.
The program also covered the New York Stock Exchange’s move deeper into blockchain. Lynn Martin said the exchange will settle transactions for its digital ATS on Avalanche, part of a broader push toward around-the-clock trading and near-instant settlement. She argued the NYSE’s version is a fully SEC-regulated platform with AML and KYC protections, and that some issuers are still waiting to see how tokenized trading affects volatility and market behavior.
Later, the show turned to entertainment and gaming. A guest from Fable Studio said the upcoming Gods Don’t Give Gifts is a generative-AI animated feature made by 30 people over about nine months, while a Bloomberg analyst said Grand Theft Auto 6 could generate about 40 million units and roughly $3 billion in early sales for Take-Two Interactive.
Key takeaways
- The hosts said Nvidia’s leadership change leaves investors debating key-man risk versus waiting for the outcome of internal and government probes.
- A Bloomberg Tech guest said Jensen Huang has less than 4% economic ownership and no voting power, making Nvidia structurally different from founder-controlled peers.
- Lynn Martin said the NYSE’s digital ATS will settle on Avalanche and aims to pair tokenized trading with SEC-regulated market protections.
- Martin said some issuers are waiting on tokenized securities because they are unsure what the framework means for volatility and trading behavior.
- A Bloomberg guest said Grand Theft Auto 6 could sell as many as 40 million units in its first few months, about $3 billion in retail sales.
Notable quotes
“Fair to say that all eyes will be on the company's earnings this coming week as investors weigh the impact on Nvidia's future”
“The board, which has never had a chair before, appointed Harvey Jones as chair”
“So basically if an issuer decided or an investor decided they wanted to trade a share of ICE in digital form it will be available for trading on our ATS”
“The benefit of that platform is it follows the exact rules and regulations that are known to the securities markets price bands um limit up limit down all of those belts and suspenders”
Topics
- business news
- finance
- global technology
- politics
- economics
Companies and tickers mentioned
- Bloomberg
Watch the episode
Watch “Bloomberg Businessweek Weekend - November 13th, 2026 | Bloomberg Businessweek” on YouTube
Summary, takeaways and quote selection by Octagon. Quotes are short excerpts; the full conversation is in the episode.
More from Bloomberg Businessweek Daily
-
Jensen Huang's Exit Kicks Off Nvidia Strategy Reset | Bloomberg Businessweek -
Special Episode: Bobby Jain on Why He Chose Millennium Again | Bloomberg Businessweek -
Bloomberg Businessweek Daily Podcast: Jensen’s Nvidia Departure -
Take-Two Releasing Long-Awaited Grand Theft Auto VI Next Week | Bloomberg Businessweek -
Instant Reaction: Nvidia CEO Jensen Huang Ousted by Nvidia Board | Bloomberg Businessweek -
AI Economy Roiled by Nvidia CEO Huang’s Departure | Bloomberg Businessweek
Bloomberg Businessweek Daily, this episode and its artwork belong to Bloomberg. Octagon is not affiliated with the show; this page is an independent summary.