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Fortune
Fortune
Jason Ma

Wall Street eyes a possible culprit in this week’s head-spinning stock market reversal: Bitcoin

(Credit: Angela Weiss—AFP/Getty Images)

Nvidia’s blockbuster earnings late Wednesday set up the stock market for a ferocious rebound as the chipmaker appeared to ease fears that an AI bubble was about to pop.

Thursday began with a massive rally with the Dow Jones industrial average up 700 points, regaining some ground after an earlier AI-related selloff. Upbeat results from retail giant Walmart helped, too.

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