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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 erased a big morning gain to turn lower. The S&P 500 dropped as much as 1.1% Thursday after initially soaring toward what seemed like its best day since May.
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SoftBank plunges over 10% as Asia markets track Wall Street's stunning reversal in AI stocks
Asia markets slumped Friday after SoftBank tumbled more than 10% and stronger-than-expected U.S. hiring cut the odds of a December Federal Reserve rate cut.
Wall Street's "fear gauge" jumped on Thursday, as investors digested the release of delayed jobs data from September while an earlier surge in AI plays fizzled. The Cboe Volatility Index was up more than 14% to more than 27,
Analysts upgraded their outlooks for Nvidia stock on Thursday after a big earnings report from the AI chip maker.
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.
Jay Goldberg, the only sell-side analyst with a bearish rating on Nvidia's stock, saw "a few blemishes" despite Nvidia's "good quarter and solid guidance." "For starters, the company sounded fairly cautious about gross margins next year,
The U.S. stock market is rising ahead of a huge couple of tests for Wall Street. The S&P 500 added 0.4% Wednesday after trimming an earlier jump of 1.1%.
The finance industry is grappling with how it can screen for employees with the critical-thinking skills needed to get the best out of AI tools.