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tz-plus logo Renewed AI Fantasy on US Markets After NVIDIA Results Gives way to Bearish Sentiment on Thursday Afternoon - Jensen Huang Addresses Concerns Over AI Bubble - Powell Describes Interest Rate cut as Open-Ended - DAX Almost Completely Loses Daily Gains - Siemens Energy Announces Share Buyback Program - Abbott Enters the Cancer Screening Market with the Acquisition of Exact Sciences - Oddity Tech Expands into AI-Driven Health Platform

M. Blattmann
Reading Time: 7 minutes

Market sentiment shifts on Thursday afternoon on US exchanges after NVIDIA fuels a resurgence of AI hope The doubts that briefly emerged regarding the AI rally on Wall Street have been temporarily dismissed. The key to this is the surprisingly strong quarterly results from NVIDIA (+1.39%) , which initially propelled the market into a broad recovery movement, although a good portion of the gains is wiped out by early evening. The Dow Jones currently gains 0.64%, the S&P 500 rises by 0.82%, and the technology-heavy NASDAQ climbs by 0.91%,...

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