Friday’s rebound spared it. But it flinched. And in doing so, it revealed how fragile the current market cycle has become.

The S&P 500 fell almost 2% this past week as fears of an AI bubble led to sharp intraday market swings.

U.S. stocks were sharply higher on Friday as traders boosted bets on an interest rate cut by the Federal Reserve next month following remarks from policymakers and as shares of Nvidia rose following a report that the U.

Nvidia has grown to become the largest stock on Wall Street and briefly topped $5 trillion in value. That means its stock movements carry more weight on the S&P 500 than any other stock, and it can single-handedly steer the index’s direction some days.

The ongoing Bitcoin crash has claimed a major casualty: BlackRock (NYSE: BLK). Yes, the world's largest asset manager recently suffered its worst-ever rout when its spot Bitcoin exchange-traded fund (ETF) saw the largest sell-off in a single day.

The releases will provide key signals for investors after a significant market pullback.

Analysts see demand for high-grade AI hardware from Nvidia increasing in the coming quarters, staying upbeat even as investors fret over the AI trade.

Asia stocks trade in red on Tuesday followed Wall Street’s decline overnight ahead of the announcement of the jobs data and Nvidia’s quarterly results. Japanese markets were the worst performers of the day,