Wall Street, NVIDIA Stock
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3hon MSN
Global stocks in meltdown as Wall Street bails out of crypto and AI: ‘The bubbly is on ice’
Nvidia’s blowout earnings call—which came in way above expectations—simply wasn’t good enough to persuade traders that AI may be overcooked.
Wall Street futures quickly reversed course and turned positive early Friday in very volatile markets, particularly when it comes to artificial intelligence.
The S&P 500 is tracking toward its worst November since 2008 amid mounting concerns over an AI-fueled "bubble". Not even Nvidia and its CEO, Jensen Huang, could allay those fears
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 say Nvidia's blockbuster earnings show the AI boom is still accelerating and that fears of an AI bubble are overstated.
Although the Oracle of Omaha's actions will live on beyond his retirement, Berkshire Hathaway will continue to serve as an anchor of optimism for long-term-minded investors.
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.