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After a week of market uneasiness, Nvidia's profit surge and Walmart's earnings had initially offered investors relief. But the bullishness faded by Thursday afternoon.
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It is a time of superlatives in the tech industry, with historic profits, stock prices and deal prices. It's enough to make some people very nervous.
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The AI chipmaker's strong quarterly earnings boosted global tech stocks.
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The approval marks a major reversal for the U.S., which had previously balked at the idea of direct exports to state-backed AI companies in the Gulf.
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Nvidia's strong third-quarter earnings come as appetite for AI appeared to be cooling.
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