Why Thursday's Nvidia Earnings-Led Stock Market Early Rally Turned Into a Rout

Two key reasons for Thursday's market reversal were increased concern that the Federal Reserve would not cut interest rates in December and jitters about an AI bubble not fully extinguished by Nvidia's earnings report.Many investors in Nvidia (NVDA 3.17%) stock and other artificial intelligence (AI) stocks probably went to bed on Wednesday night believing that Thursday would be a good day for their stock. Indeed, many investors likely thought the same about the entire stock market.That's because AI tech lea ...