Nvidia is opening an investigation into reports that CEO Jensen Huang was the "target of a foreign intelligence effort," the company's board of directors said Sunday.

Huang apologised in a message to the company, according to the Times. "I was unfaithful to my wife," he said. "My actions hurt her and our children. There is no excuse for what I did. I am deeply sorry." Nvidia's board said in a statement it has "no reason to believe that either national security or Nvidia secrets were compromised," but that its inquiry would examine all available information. Huang "fully supports the review and has committed to cooperating with it," the board said.

China extends gold buying spree to two years as prices drop, adds 25.8 tonnes in October

China's central bank added 25.8 tonnes of gold to its reserves in October, extending its buying streak to 24 months, even as bullion prices fell nearly 7% during the month.

ICICI Securities’ Muhurat picks: Venus Pipes leads 10-stock list with up to 34% upside

ICICI Securities has selected 10 stocks for Muhurat trading and Samvat 2083, with Venus Pipes and Tubes offering the highest potential upside of 34%, followed by Neogen Chemicals at 32% and Info Edge at 28%; the basket has an average implied upside of around 23%.