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Semafor1 min read

AI-stock rally powers Nasdaq to record close

Demand for compute is strong enough that hyperscalers remain undeterred by higher borrowing costs, posing a dilemma for the US Federal Reserve.

By Brendan RuberrySemafor Tech
AI-stock rally powers Nasdaq to record close

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Originally published by Semafor Tech on Oct 5, 2026.

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