Spot palladium rose 2.00% intraday to $1,013.94/oz.

Federal Reserve Governor Barr said the ultimate outcome will partly depend on whether AI drives market concentration — which would exacerbate income inequality — or promotes competition and spreads technology-driven gains more broadly.

NVIDIA (NVDA.O) interim CEO Colette Kress and board chair Harvey Jones told staff the board has launched a search for a permanent CEO and is considering both internal and external candidates. Jones reaffirmed the board’s confidence in Kress, describing her as a key driver of business growth and capital strategy and saying she can fulfill commitments to shareholders, customers, partners and employees. Kress said she remains confident in NVIDIA’s future and thanked staff; the company will hold an all‑hands meeting on Nov. 18.