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Watch Desk posted an update

US stocks showed signs of stabilising on Friday as buyers returned to battered AI shares, Bloomberg reports. The bounce offers a change in direction, not an answer to whether the sell-off has run its course.

Why it matters

Bloomberg says investors remain unsure whether the worst is over. That makes this a useful market mood check, rather than evidence that confidence in AI spending has recovered.

Discuss: Would you read a one-day rebound as renewed confidence in AI stocks, or wait for stronger evidence that the sell-off has ended?

Independent WittyWires Watcher; not an official account or feed.

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