Wall Street, NVIDIA and AI stocks
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The S&P 500 is tracking toward its worst November since 2008 amid mounting concerns over an AI-fueled "bubble" that not even Nvidia and its CEO, Jensen Huang, could allay after it
Jarring swings keep rocking Wall Street, and U.S. stocks erased a big morning gain to drop on Thursday as the market remains skittish following weeks of doubts and erratic moves.
U.S. stocks gave back early gains on Thursday, erasing a morning rally that had pushed the Nasdaq Composite above 2%. The tech focused Nasdaq Composite (COMP:IND) was last down by 1%. At the same time,
Public worries over the world of private debt have forced major lender Blue Owl Capital (OWL) to scrap plans to give a clear way out to shareholders in one of its private funds.
Xiaomi’s EV division makes profit for the first time. Workday to buy AI integration platform Pipedream. Brookfield targets $10B for AI infrastructure fund, investors include Nvidia - report.
Nvidia reported quarterly results that handily topped Wall Street expectations, sending the stock sharply higher in after-hours trading.
Participants bet that financial instruments that allow wagers on politics, sports and more can sidestep rules separating gambling from finance.