The AI Trade Recovers
WSJ Minute Briefing

The AI Trade Recovers

B2Upper-intermediateNovember 6, 20261 min
  • News bulletin
  • Business & money

Stocks that were hardest-hit this week all climb. And Airbnb’s stock surges after the rental company raises its outlook. Pierre Bienaimé hosts. Sign up for WSJ’s free What’s News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

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I'm Pierre Bienemay for The Wall Street Journal.

by about $2.5 trillion.

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0:00

Here's your closing bill brief for Friday, November 6th. I'm Pierre Bienemay for The Wall Street Journal. The AI trade has stopped spiraling after yesterday's historic sell-off that set back the Nasdaq by about $2.5 trillion.

0:17

Following Democrats' sweeping midterm victory this week, the question is whether the sell-off was a temporary stumble or the start of a longer-lasting unwinding of the AI trade. The tech-heavy NASDAQ gained more than 1%, the S&P 500 grew 0.3%, and the Dow fell nearly half a percent.

0:34

For the week, the indexes all fell between 0.9% in the case of the Dow and 3.4% for the NASDAQ. Among individual companies, the stocks that were hardest hit this week all climbed today. In chip makers, Nvidia was up nearly 3%, Intel gained more than 7.5%, and AMD closed

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