US stock market | Wall Street extends tech-driven rally as AI concerns ease

Wall Street ended higher on Wednesday, continuing its tech-led rally and hitting a two-week high, as concerns about artificial intelligence disruption and costs took a back seat to renewed optimism about the emerging technology’s potential benefits.All three major U.S. stock indexes advanced, with the chip-powered Nasdaq posting the biggest percentage gain as markets came to […]

AI doomsday? Not yet. Why Nvidia results are dragging the tech bulls back to work

For weeks, markets toyed with the idea that the AI ​​boom was collapsing under its own weight. Nvidia’s latest earnings have set that narrative on fire. With what Morgan Stanley called “probably the biggest sales increase in semiconductor history,” the chipmaker fueled another global tech rally, crushed a wave of AI doomerism and reminded investors […]