MGK is trading at $94.05 (+2.15%) as technology and AI-linked shares rebound after Thursday’s selloff.
- Asian markets advanced as dip buyers returned, while U.S. tech futures firmed.
- Nvidia CEO Jensen Huang’s defense of AI infrastructure provider CoreWeave’s financial outlook helped ease financing fears, though concerns about AI-related borrowing and higher rates remain.
- Hotter-than-expected September CPI and rate concerns remain a counterweight to the recovery.