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AI Stocks Stage Rebound

AI Stocks Stage Rebound

AI and technology stocks began recovering Friday after a sell-off wiped trillions of dollars from market values, with the Nasdaq opening 1.23% higher after falling 5.5% on Thursday. Nvidia shares rose more than 6%, while Tesla and SpaceX also gained; investors had been concerned that Democrats’ election victories could bring tighter AI rules. A stronger-than-expected US jobs report showed 165,000 jobs added and unemployment easing to 4.1%.

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