Nvidia’s strong results helped restore a tentative sense of calm after weeks of heavy selling in technology stocks, as investors grew uneasy about stretched valuations and fading prospects for near-term rate cuts. (Photo: Bloomberg) Show Quick Read Summary is AI Generated. Newsroom Reviewed

Stocks rose and equity-index futures indicated further advances after robust earnings from Nvidia Corp. eased concerns about a bubble in the artificial intelligence industry.

Shares of Nvidia jumped over 5% in post-market trade after its revenue forecast beat estimates, helping lift other AI-related stocks. Contracts for the S&P 500 rose 1.2% and those for the Nasdaq 100 jumped 1.7%, as relief following Nvidia boosted risk assets after worries over AI froth roiled markets in the past week. Alphab

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