S&P 500, Nasdaq rise over 1% as CoreWeave results calm AI spending jitters
By Utkarsh Hathi and Tharuniyaa Lakshmi Nov 11 (Reuters) - The S&P 500 and the tech-heavy Nasdaq climbed more than 1% on Wednesday after neocloud firm CoreWeave's solid earnings eased investor concerns about bloated AI expenditure, while Nvidia recovered some ground following a rout in the last two