The release of OpenAI's ChatGPT three years ago sparked an artificial intelligence mania on Wall Street, fundamentally reshaping the stock market landscape. This AI-driven frenzy has minted new market leaders, made the S&P 500 significantly more concentrated, and served as the dominant driving force behind the current bull market in US stocks.

US stocks gained after a volatile session as dip buyers emerged after a cooler-than-forecast February inflation report.

Analysts and investors are struggling to call a bottom in crypto stocks in the wake of a brutal month that ended with the head of BlackRock Inc. saying most digital-asset firms won’t survive.

Wall Street’s waning conviction in Coinbase Global Inc. has done little to deter Cathie Wood. Instead, she’s been scooping up shares of the struggling cryptocurrency exchange in the wake of the collapse of Sam Bankman-Fried’s FTX.

Crypto curious stock investors are taking little comfort in the rebound in the shares of companies linked to the digital-asset world in the past week, with the sector underperforming just about every other risky corner of the financial markets this year by a wide margin.

U.S. bank stocks are headed for their worst losing streak in a year, burning investors who bought shares on expectations that the Federal Reserve raising rates for the first time since 2018 would boost the sector.