"Wall St Rebounds with Higher Open as Traders Rethink Rate Bets"

Wall Street sees a rebound in volatile trading after a previous selloff, with Nvidia surpassing Alphabet in market value and gaining ahead of its fourth-quarter results. Rate-sensitive megacap Meta Platforms and chip stocks like Advanced Micro Devices and Qualcomm also rose. The market had slumped on Tuesday due to high inflation, but comments from Chicago Fed President Austan Goolsbee provided some relief. Uber, Lyft, and Robinhood Markets saw significant gains, while crypto stocks surged as bitcoin's market value crossed $1 trillion.