AI
AI Tremors Shake Wall Street: Market Recovers from Tech-Induced Slump
U.S. stocks steadied on Friday, buoyed by an encouraging inflation report that hinted at potential Federal Reserve interest rate cuts. While AI disruption fears continued to influence specific tech and freight stocks, companies like Applied Materials saw gains, though Nvidia and DraftKings faced declines. The market closed out its worst week since November, with Treasury yields falling.
