US stocks end higher as CoreWeave results ease AI spending worries
Nvidia stabilised after two straight sessions of sharp declines.
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US stocks: S&P, Nasdaq end over 1% higher as AI-fueled optimism weighs (opens The Economic Times in a new tab)
The S&P 500 and the tech-heavy Nasdaq rose more than 1% on Wednesday after strong earnings from neocloud company CoreWeave eased concerns about excessive spending on artificial intelligence infrastructure. Nvidia also recovered some ground following a sharp…
US stocks end higher as CoreWeave results ease AI spending worries (opens The Straits Times in a new tab)
Nvidia stabilised after two straight sessions of sharp declines.