Schaeffers Investment Research·2025-11-28 17:46Market Overview - Traders experienced significant market activity leading up to and following Thanksgiving, with notable earnings reports and developments in the AI sector, particularly involving Nvidia (NVDA) [1] - The Dow Jones Industrial Average (DJI) had its best day since August 22, driven by renewed hopes for interest rate cuts, accumulating a total of 1,674 points by Wednesday [1][2] Index Performance - The blue-chip index, Nasdaq Composite (IXIC), and S&P 500 Index (SPX) were all on track for a fifth consecutive daily increase, although the IXIC and SPX were set to end their seven- and six-month winning streaks, respectively [2] - The DJI was aiming for a seventh consecutive monthly gain [2] Technology Sector Developments - The week began with updates from Google (GOOGL) and Alibaba (BABA) regarding AI advancements, while Applied Materials (AMAT) received a bullish note from UBS, and Dell Technologies (DELL) saw a boost post-earnings [3] - Workday (WDAY) reported an earnings beat but faced concerns, while Autodesk (ADSK) experienced a surge following better-than-expected Q3 results [4] Upcoming Earnings Reports - The first week of December is anticipated to bring a wealth of economic data and earnings reports from various companies, including American Eagle Outfitters (AEO), Box (BOX), CrowdStrike (CRWD), C3.ai (AI), DocuSign (DOCU), Dollar General (DG), Dollar Tree (DLTR), Five Below (FIVE), Salesforce (CRM), and Ulta Beauty (ULTA) [5]