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tz-plus logo Wall Street Overcomes AI Shock - DAX Above 25,000 Points - Bitcoin Slides - Meta & AMD Close $100 Billion Deal - Hims & Hers Crashes After SEC Investigation - BWX Technologies Benefits from Nuclear Boom - Intuit Launches AI Alliance

M. Blattmann
Reading Time: 8 minutes

US markets shake off yesterday’s AI shock and return to profitability with significant gains Tuesday’s trading day is marked by a noticeable recovery, with technology stocks taking the lead again after the sell-off at the beginning of the week. All major indices are in the plus: The Dow Jones Index climbs by 0.78%, while the broader S&P 500 increases by 0.5%. The tech-heavy Nasdaq also reports gains, trading 0.9% higher. The shock from Monday, when a viral blog post about the disruptive power of artificial intelligence caused the...

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