Nasdaq-100 futures slide, dragged lower as Nvidia sell-off resumes: Live updates

JUST IN: Nasdaq-100 futures slide as the $NVDA sell-off resumes, with the stock down around 8% in extended trading amid reports the board is preparing to oust CEO Jensen Huang.

Nvidia dropped eight percent after hours, and it's dragging the whole market with it.

Nasdaq-100 futures are down point eight percent tonight after the Wall Street Journal reported the board is preparing to remove Jensen Huang, and the New York Times said he had a relationship with an executive at the company. This is the man who built a five trillion dollar empire in a leather jacket, and his own board may be done with him. The selling spread fast. Korea's Kospi slipped on Samsung and SK Hynix, both big Nvidia suppliers, and Hong Kong fell more than a percent.

The timing stings because the regular session was actually good. The S and P rose over a percent, CoreWeave beat earnings, and Nvidia itself had been rebounding. You can feel the mood on the floor turning, and you can see why. The entire AI trade has one face on it, and tonight that face is the problem.

One company's boardroom is now moving markets on three continents. That's the story.

This is Sara White, reporting for HIT.