By Thomson Reuters
Publication Date: 2026-02-25 22:04:00
ORLANDO, Florida, Feb 25 (Reuters) – Stocks advanced solidly for a second day on Wednesday, powered again by a rebound in tech, while investors’ appetite for assets that have been beaten down recently also extended to precious metals and bitcoin.
More on that below. In my column today, I look at the ‘AI doom bubble’ and the proliferation of doomsday scenarios sketched out in long-form blogs online that have gone viral. Perhaps it’s time to deflate this particular bubble?
If you have more time to read, here are a few articles I recommend to help you make sense of what happened in markets today.
Today’s Key Market Moves
Today’s Talking Points
* Nvidia delivers
Nvidia’s quarterly earnings now rival U.S. jobs and inflation data as among the most important market-moving releases in the world. The most valuable company in history, with a market cap of over $4 trillion, has just released its Q4 results.
Once again, it looks like Nvidia delivered. Revenue of $68.13 billion beat forecasts, and the company said it expects that to rise to $78 billion this quarter, which would be higher than analysts’ average estimate of $72.6 billion.
* Surprises and non-surprises in Japan
Japan’s government on Wednesday nominated two academics to join the Bank of Japan’s board, both essentially seen as policy doves. This may come as a disappointment to those who thought the BOJ is finally on the path to policy normalization.
It isn’t that surprising though….
