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An early stock-market rally on Thursday has given way to broad-based selling as doubts about the artificial-intelligence trade re-emerged following the latest batch of earnings from Nvidia Corp.
Shares of the AI darling leapt higher in overnight trading on Wednesday, carrying shares of other AI stocks with them. Investors initially cheered as Nvidia
NVDA delivered its strongest revenue beat in two years, while CEO Jensen Huang described demand for the company’s Blackwell Ultra graphics processing units as “off the charts.”

