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Nasdaq S&P 500 futures fall as Nvidia turbulence unsettles AI stocks

Negative-1

GreyOak summary

US stock futures fell as Nvidia shares plunged 7.7% amid reports of potential CEO ouster, souring sentiment on AI stocks. Chipmakers and data center firms also declined. Investors await Friday's Producer Price Index release while traders anticipate a December Federal Reserve rate hike.

What it affects

  • AI and data centresNegative -1

    AI stocks fell amid Nvidia leadership turmoil.Rolling sentiment Positive +23

Source

Read the original at Economic Times

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