STOCKS BOUNCED AFTER A DROP DRIVEN BY WORRIES ABOUT THE SUSTAINABILITY OF THE AI TRADE, WITH THE S&P 500 HALTING A THREE-DAY DROP AS A SELLOFF IN CHIPMAKERS EASED AFTER NVIDIA’S JENSEN HUANG DEFENDED

THE FINANCIAL HEALTH OF AI COMPUTING SUPPLIER COREWEAVE — A MAJOR CUSTOMER AND INVESTEE — WHOSE CREDIT RISK HAD HIT AN ALL-TIME HIGH, WHILE AN EQUAL-WEIGHTED S&P 500 CLIMBED 1.4% IN A SIGN OF ROTATION TO OTHER INDUSTRIES.

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