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CoreWeave shares surged more than 20% on Wednesday, fuelling a rally in battered AI cloud stocks after heavy infrastructure spending delivered strong revenue growth and the company signalled a retreat from the borrowing spree that had raised fears of an artificial intelligence bubble, Reuters reported. The results also helped lift Nvidia, a major CoreWeave backer, by 2%. Nvidia had fallen sharply over the previous two sessions amid uncertainty surrounding CEO Jensen Huang following reports about his relationship with a Chinese businesswoman alleged to have ties to Beijing’s intelligence apparatus. S&P 500 Top Gainers Dell Technologies381.87(14.20%) Micron Technology823.73(13.60%) Seagate Technology Hldgs564.03(12.44%)…
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