AI Stocks Skyrocket Globally as $100B Nvidia-OpenAI Deal and Alibaba’s Mega AI Push Ignite Market (Sept 23–24, 2025)
Key Takeaways Wall Street’s AI-Fueled Rally Hits Pause After a red-hot run of AI-driven gains, U.S. markets took a breather on September 23 as investors digested economic signals. The S&P 500 and tech-heavy Nasdaq pulled back (~0.5–1% declines) after three straight record closes powered by AI enthusiasm reuters.com. Nvidia, fresh off a new record high the day prior, dipped 2.8% as traders took profits reuters.com. Other mega-cap tech names like Amazon, Microsoft, and Apple also ticked lower reuters.com. Fed Chair Jerome Powell’s cautious remarks about interest rates and stock valuations cooled sentiment, prompting some rotation out of richly valued tech