Last week’s market swings pushed the major averages below key levels, made macro calls outdated within a few hours and rattled some of most resilient stocks.
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Wall Street just had one of its wildest weeks in years. What happened and what could come next
World
Musk’s xAI chatbot Grok keeps randomly responding about ‘white genocide’ in South Africa
Jonathan Raa | Nurphoto | Getty Images The Grok chatbot from Elon Musk’s xAI startup is responding to user queries with unrelated comments about the controversial topic of “white genocide” and South Africa. CNBC on Wednesday found numerous instances of Grok discussing the topic in response to unrelated user prompts. Screenshots of examples were also […]
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CoreWeave beats on revenue, reports more than 400% growth in first earnings after IPO
Mike Intrator, co-founder and CEO of CoreWeave, testifies during a U.S. Senate Commerce Committee hearing on artificial intelligence in Washington on May 8, 2025. Brendan Smialowski | Afp | Getty Images Shares of artificial intelligence infrastructure provider CoreWeave reported better-than-expected revenue on Wednesday in the company’s first earnings release since going public. The stock popped […]
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Nvidia turns positive for 2025, third ‘Magnificent 7’ member to do so as favored group regains groove
Jakub Porzycki | Nurphoto | Getty Images Nvidia on Wednesday climbed into positive territory for the year, becoming the latest “Magnificent 7” member stock to flip into the green amid the broader market’s recovery. The artificial intelligence darling surged more than 4% in the session, bringing its gain for this week above 15%. That rally […]
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