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News1824-02-2026, 21:30

US Stocks Rebound After AI Worries, AMD-Meta Deal Boosts Market

  • US stock market steadied on Tuesday after Monday's slump, with S&P 500 rising 0.1 percent.
  • Advanced Micro Devices (AMD) climbed 7 percent after announcing a multiyear deal to supply chips for Meta Platforms' AI ambitions.
  • IBM rose 4.1 percent, recovering from a 13.1 percent drop, its worst since 2000, amid growing focus on AI's potential downsides.
  • Keysight Technologies rallied 20 percent and Home Depot rose 2.7 percent after exceeding profit and revenue expectations.
  • Meta Platforms slipped 1.2 percent, weighing on the market due to its large market value, while Coinbase Global dropped 3.4 percent as Bitcoin fell.

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