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Latest Market News

Stay informed with the latest developments in the financial markets.

AI stocks bounce back — with one notable exception

AI stocks rebounded sharply, with the Nasdaq 100 surging 3.4%. However, Nvidia, a leading AI company, struggled amid concerns over CEO Jensen Huang's leadership and broader AI valuations.

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US stocks slip following a discouraging update on inflation

U.S. stocks fell after inflation data exceeded expectations, raising concerns that the Federal Reserve may implement larger interest-rate hikes in December. The S&P 500 lost 0.4%, the Dow dropped 0.3%, and the Nasdaq declined 0.7%.

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Anthropic IPO could give AI stocks a needed spark

Anthropic plans to raise up to $62.5 billion in an IPO, potentially valuing the company above $1 trillion. This move could boost AI stocks amid Nvidia's recent decline due to leadership concerns.

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