A Tech Rebound Lifts U.S. Stocks, and the March to Record Highs Resumes

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A Tech Rebound Lifts U.S. Stocks, and the March to Record Highs Resumes
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A rebound in tech stocks helped lift major indexes Wednesday, with investors quickly casting aside concerns about the profitability of artificial-intelligence investments. On Tuesday, a report in The Information suggested that Oracle’s business renting specialized servers powered by Nvidia chips wasn’t particularly profitable. Overall, the S&P 500 gained 0.6% to close at a record high for a 33rd time this year.

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