United States stocks advanced during Wednesday's trading session, with the S&P 500 and the Nasdaq climbing more than 1% as strong financial forecasts from COREWEAVE INC-CL A eased investor anxiety surrounding artificial intelligence spending.
US stocks rally as CoreWeave eases AI spending fears
US stocks closed higher on Wednesday with the S&P 500 and Nasdaq gaining over one percent. CoreWeave shares surged after reporting strong demand and profitability goals, while Nvidia stabilized following recent declines.
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