Monday’s bloodbath in Nvidia and other AI stocks wiped out some $1 trillion from the stock market’s value.

Monday’s meltdown was a cold plunge on what had otherwise been a bull market for tech on the belief that AI would usher in a new golden age of worldwide productivity and sector-

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Wall Street is pointing slightly lower in early trading but is on track to close the week with solid gains on healthy quarterly earnings reports from large U.S. corporations.

Technology stocks regained ground on Tuesday, a day after a low-cost Chinese AI model rattled markets, while traders rotated back into the dollar from safe-haven currencies. The tech rebound boosted Wall Street's main stock indices,

Nvidia and other U.S. tech stocks are skittish on Tuesday and flipping between gains and losses a day after tumbling on doubts about whether the artificial-intelligence frenzy really needs all the dollars being poured into it.

Tech stocks nudged lower on Tuesday with chipmaker Nvidia falling 2% in early trade, a day after it suffered the biggest one-day market capitalisation loss in history, though traders did shift back out of safe-haven currencies into the dollar.