India, Oct. 16 -- European stocks traded higher on Friday, after hitting their highest in more than two weeks the previous day on the back of solid earnings and softening global bond yields.
Technology stocks recovered from a recent rout after Nvidia CEO Jensen Huang defended the financial health of AI computing supplier CoreWeave Inc.
Meanwhile, Fed Chair Kevin Warsh called artificial intelligence the most consequential change to the U.S. and global economies in his lifetime during the IMF and World Bank annual meetings, while avoiding predictions on upcoming rate decisions.
For comments and feedback contact: editorial@rttnews.com
Published by HT Digital Content Services with permission from RTT News....