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Tech shares led by Google and Tesla surged over 6% following easing AI bubble fears and expectations of a Fed rate cut; Bitcoin showed modest recovery after prior weekly losses.
Tech stocks including Google and Tesla rallied strongly on easing AI bubble fears and prospects of Fed rate cuts, while Bitcoin rebounded modestly after recent losses.
Tech stocks, including Tesla and Alphabet, rallied on revived hopes for a Fed rate cut, lifting the Nasdaq by over 2%. Semiconductor shares led gains, easing AI bubble fears, while Bitcoin retreated …