Wall St Week Ahead: Investors on watch for AI updates

Wall Street was watching fallout from a rush of debt issuance by major tech companies to fund their AI expansions. — Reuters

NEW YORK: Investors will look in the coming week for signals about profitability for artificial intelligence companies, as well as the broader economy's health, to steady the US equity market.

Stocks rebounded this week from their biggest pullback since April, helped by a firming conviction that the US Federal Reserve will cut interest rates in December. But some of the market's heavyweight shares remained volatile. Big moves in Nvidia and Alphabet, for instance, were driven by developments in AI.