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AI Stocks Rebound as CoreWeave Reports Smaller Losses

U.S. stocks rebounded as AI-related shares recovered much of last week's losses. CoreWeave surged 24.7% after reporting a smaller-than-expected summer loss and raising its annual revenue forecast, easing concerns about financing and demand in the AI sector.

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Nvidia CEO Jensen Huang Resigns Amid Allegations

Nvidia CEO Jensen Huang resigned following reports of extramarital affairs, including one with Alice Huang, a Chinese businesswoman linked to alleged technology smuggling. This has raised concerns about Nvidia's leadership and its role in the AI industry.

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