Nvidia stock turns lower. Management is confident in delivering more than $500 billion in cumulative revenue from Blackwell and next-generation Rubin chips.

A rally in Nvidia Corp. shares fizzled on Thursday after investors shrugged off a stronger-than-expected revenue forecast and assurances that the AI economy wasn’t in a bubble.

The chipmaker's record growth will allay investor concerns about an artificial intelligence bubble, analysts say.

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The U.S. stock market swung through another unsettled day of trading on Wednesday, ahead of a couple of crucial tests for Wall Street. The S&P 500 rose 0.4% after veering between a small loss and a leap of 1.

Jay Goldberg, the only sell-side analyst with a bearish rating on Nvidia's stock, saw "a few blemishes" despite Nvidia's "good quarter and solid guidance." "For starters, the company sounded fairly cautious about gross margins next year,

Nvidia's strong earnings report offered only a brief reprieve for stocks on Thursday, as doubts about the return on relentless artificial intelligence investment and lofty valuations on Wall Street had global markets on edge.

Steve Sosnick, chief strategist at Interactive Brokers, joins 'The Exchange' to discuss why bitcoin helped spark the turn in markets, the leverage involved, and much more.