AI bellwether Nvidia reassured a market rattled by fears of an AI bubble. Former VP Dick Cheney will be laid to rest today. Black Friday is already happening.

US stocks slump as AI valuation fears collide with a weakening US labor market and fading rate-cut hopes. A clear look at what is truly driving the selloff.

Key Takeaways Shares of Nvidia and Microsoft slid on Tuesday after the tech giants announced they would invest in the private startup Anthropic in exchange for a commitment to buy their chips and cloud computing services.

The rise of artificial intelligence was a “once-in-a-lifetime opportunity,” she said, and the company had to put AI at the center of its entire product line. Three years later, the Santa Clara, Calif.

Nvidia's Q3 earnings may have provided some respite from speculation about an AI bubble. However, talk of the AI boom and its unsustainability has been high, and events in recent weeks have forced investors to press pause.

Last night's results from chip giant Nvidia alleviated worries on Wall Street about the health of the AI trade. Here's what investors and analysts are saying.

Directly into AI infrastructure: servers, storage, power and cooling systems, along with a vast quantity of chips to support Search, Ads, YouTube, Gemini, and

Has the artificial-intelligence hype gotten out of control? Perhaps the opposite is true, according to a Cantor Fitzgerald analyst. "Obviously, market concerns regarding financing the current AI infrastructure \[boom\] remain,

Nvidia reported quarterly results that handily topped Wall Street expectations, sending the stock sharply higher in after-hours trading.

Nvidia ( NVDA +3.21%) is the most dominant player in the market for artificial intelligence (AI) chips by quite some distance. That's evident from the revenue that the chip designer generates from its data center segment each quarter, which is significantly more than its rivals generate in an entire year.