{
  "id": 19537306,
  "title": "Rebounding AI stocks lift Wall Street",
  "url": "https://urgent.news/2026/11/11/rebounding-ai-stocks-lift-wall-street",
  "topic": "ai",
  "section": "AI",
  "published": "2026-11-11T19:27:02.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times",
    "url": "https://www.koreatimes.co.kr/world/20261112/rebounding-ai-stocks-lift-wall-street"
  },
  "original_language": "en",
  "account": "Artificial intelligence (AI) stocks are driving a rebound on Wall Street, lifting the U.S. market on Wednesday. The S&P 500 climbed 1.6 percent and could reach a third consecutive daily gain since a sharp drop last week due to concerns about AI-related businesses. The Nasdaq composite surged 2.2 percent, though stocks outside the AI sector posted more modest gains. The Dow Jones Industrial Average rose 243 points, or 0.5 percent, as of 1:38 p.m. Eastern time.\n\nCoreWeave, a key player in the AI industry, was a major mover behind the market's surge. The cloud-based provider of AI chips saw its shares jump 26.5 percent following a quarter that reported a smaller loss than analysts anticipated. CoreWeave CEO Michael Intrator disclosed that the company holds around $9 billion in customer contracts, which has reassured investors about the stability of the sector amid higher interest rates in the bond market. These rates have made borrowing money more expensive, adding to concerns about AI firms' financial stability.",
  "summary": "NEW YORK — A rebound for stocks in the artificial intelligence industry is lifting the U.S. market on Wednesday. The S&P 500 rose 1.6 percent and was on track for a third gain in four days since its wipeout last week on worries about a potential slowdown for AI-related businesses. The Nasdaq composite rallied 2.2 percent, but stocks outside of AI had more modest gains. The Dow Jones Industrial…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 4,
    "also_reported_by": [
      {
        "outlet": "Techmeme",
        "title": "Sources: SoftBank reserved 13GW+ of turbines, equivalent to six Hoover Dams, to power AI; SoftBank took a $3.7B earnings hit mostly from canceled reservations (Wall Street Journal)",
        "url": "https://urgent.news/2026/11/11/sources-softbank-reserved-13gw-of-turbines-equivalent-to-six-hoover",
        "published": "2026-11-11T11:50:55.000Z"
      },
      {
        "outlet": "The Sydney Morning Herald",
        "title": "ASX set to fall, AI stocks drive Wall Street higher",
        "url": "https://urgent.news/2026/11/11/asx-set-to-fall-ai-stocks-drive-wall-street-higher-19535525",
        "published": "2026-11-11T18:16:23.000Z"
      },
      {
        "outlet": "The Age",
        "title": "ASX set to fall, AI stocks drive Wall Street higher",
        "url": "https://urgent.news/2026/11/11/asx-set-to-fall-ai-stocks-drive-wall-street-higher",
        "published": "2026-11-11T18:16:23.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}