AI pioneer Nvidia was again the heaviest weight on the market. The chipmaker's drop of 3.2% brought its loss for the month to nearly 11%, putting it in "correction" territory, or when a stock falls at least 10% from its previous high. The company is scheduled to report is third-quarter financial results on Wednesday.

The S&P 500, a broad measure of stocks, gained 1.5% as trading opened. The tech-heavy Nasdaq jumped 2%, but later backed down slightly from its high. The Dow Jones Industrial Average rallied 600 points, around 0.8%.

AI’s hot streak is cooling as experts see a correction—not a collapse—driven by slow adoption, rising costs and shaky ROI.

Dow, S&P 500, and Nasdaq futures rising in premarket trading as the stock market recovers from a selloff amid AI bubble fears.

Wall Street strategist Julian Emanuel says investors are right to be worried about the high levels of debt building up among tech companies.

Growing concerns about an artificial intelligence bubble have, in large part, caused the stock market’s recent bout of volatility. So the AI industry will face an enormous test when Nvidia, the world’s most valuable company and backbone of the AI boom,

Generative AI is rapidly reshaping market research by enabling the creation of “synthetic personas” and “digital twins”—AI-generated proxies that simulate consumer responses and behaviors, dramatically reducing the time and cost of traditional research.

Many mid-market companies have found themselves stuck in the same trap as their enterprise peers: promising pilots with underwhelming results.

Nvidia falls 3%, jobs report adds to concern that Fed won't cut rates in December