Nov 12 (Reuters) - Futures tracking Canada's blue-chip stocks inched lower on Thursday as reports that Nvidia's board may oust longtime CEO Jensen Huang sparked a retreat in AI-related stocks globally, with lower oil and gold adding to losses.
December futures on the S&P/TSX 60 index were down 0.09% at 6:25 a.m. ET (1125 GMT).
AI stocks across the globe fell after reports related to Huang clouded the leadership outlook for the AI bellwether; the tech-heavy Nasdaq 100 futures were down 0.9% in US premarket trading
Canada's main stock index rose on Wednesday, led by a near-3% jump in technology shares as strong results from US cloud firm CoreWeave revived enthusiasm for the AI trade, a rally that reversed on Thursday as Nvidia-led concerns weighed on the sector
Meanwhile, oil prices were 0.6% lower as persistent geopolitical tensions in the Middle East offset pressure from rising regional crude output
Spot gold fell 1% for a third straight session to hit its lowest level in more than a week, pressured by a robust US dollar
In company news, AtkinsRealis (ATRL.TO), said it had signed an agreement with Turkish state-owned nuclear energy company TUNAS to conduct a feasibility study for a potential expansion of Turkey's nuclear power programme
Bird Construction (BDT.TO), reported third-quarter adjusted profit above estimates, as strong revenue growth across its business segments supported earnings
Ivanhoe Mines (IVN.TO), signed a memorandum of understanding with Pakistan's Mari Energies (MARE.PSX), chairman Robert Friedland said at the Pakistan Minerals Investment Forum
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Reporting by Anand Gopal in Bengaluru; Editing by Joyjeet Das
