Nasdaq Jumps 600 Points Amid Fed Dovish Signals: Fear & Greed Index Remains In 'Extreme Fear' Zone
Benzinga· 2025-11-25 05:41
Market Sentiment - The CNN Money Fear and Greed index showed some easing in the overall fear level, currently at 13.9, remaining in the "Extreme Fear" zone compared to a prior reading of 12.1 [6][7] - Traders now assign an 80.9% chance to a 25-basis-point cut at the Dec. 10 Federal Reserve meeting, up from 71% on Friday and just 25% one week ago [2] Stock Performance - U.S. stocks settled higher, with the Nasdaq Composite surging around 600 points during the session, driven by dovish signals from New York Fed officials [1] - Within the Magnificent Seven, Alphabet Inc. gained 6.3%, pushing its market capitalization above Microsoft Corp., making it the world's third-largest publicly traded company [2] - Tesla Inc. soared almost 7% after CEO Elon Musk announced plans to design and deploy "several million AI chips" across its vehicle fleet and data centers [3] Sector Performance - Most sectors on the S&P 500 closed positively, with communication services, information technology, and consumer discretionary stocks recording the biggest gains, while consumer staples and energy stocks closed lower [4] - The Dow Jones closed higher by around 203 points to 46,448.27, the S&P 500 gained 1.55% to 6,705.12, and the Nasdaq Composite gained 2.69% to 22,872.01 during Friday's session [4] Upcoming Earnings - Investors are awaiting earnings results from HP Inc., J M Smucker Co., and Alibaba Group Holding Ltd. today [5]
GM's AI Chief Barak Turovsky Exits After Just 8 Months — Says 'Physical AI' Is As Exciting As LLMs - General Motors (NYSE:GM)
Benzinga· 2025-11-25 05:39
General Motors Co. (NYSE:GM) AI Chief Barak Turovsky has stepped down just eight months after joining the automaker.Physical AI Is Just As ExcitingTurovsky, in a post on the social media platform LinkedIn on Monday, announced that he was leaving his role with GM and added that physical AI was "just as exciting as LLMs."Source: Barak Turovsky via LinkedInTurovsky didn't announce his next role, but said that he would be "taking a sabbatical" to work on some "exciting new ideas." GM had hired Turovsky in a rol ...
atom11 Wins the AI Innovation Award at Amazon Partner Awards 2025
Globenewswire· 2025-11-25 05:39
Core Insights - Atom11 has been recognized with the AI Innovation Award at the Amazon Partner Awards 2025 for its contributions to AI-driven tools for Amazon sellers [1] - The founding team of Atom11 has experience from Amazon, which informs their understanding of seller needs and market gaps [2] - Atom11's AMC Suite provides deep advertising insights, leading to the development of Neo, an AI-powered assistant that democratizes access to sophisticated analysis for smaller businesses [3] Product Features - Neo combines automation with human expertise, adapting to the dynamic nature of e-commerce rather than following rigid rules [4] - The AI capabilities of Neo allow for rapid analysis of sales drops, generating detailed reports in under 60 seconds [5] - Neo enhances seller understanding by explaining the rationale behind actions taken, promoting proactive management [6] Future Developments - Atom11 plans to evolve Neo into a fully autonomous assistant capable of predicting trends and offering intelligent recommendations [7] - Upcoming features include proactive intelligence digests and CRM integration for a unified operational view [8] Company Overview - Atom11 specializes in Amazon PPC optimization, integrating retail signals with advertising data to provide comprehensive insights for sellers [9] - Key features of Atom11's platform include root cause analysis, dayparting, rule-based automation, keyword harvesting, and digital shelf monitoring [10][12]
Top Wall Street Forecasters Revamp Best Buy Expectations Ahead Of Q3 Earnings - Best Buy Co (NYSE:BBY)
Benzinga· 2025-11-25 05:36
Best Buy Co., Inc. (NYSE:BBY) will release earnings results for the third quarter, before the opening bell on Tuesday, Nov. 25.Analysts expect the New Albany, Ohio-based company to report quarterly earnings of $1.31 per share, up from $1.26 per share in the year-ago period. The consensus estimate for Best Buy's quarterly revenue is $9.59 billion. Benzinga Pro data shows $9.45 billion in quarterly revenue a year ago.During the second-quarter earnings call, CFO Matt Bilunas guided for third-quarter comparable ...
Top Wall Street Forecasters Revamp Best Buy Expectations Ahead Of Q3 Earnings
Benzinga· 2025-11-25 05:36
Core Insights - Best Buy Co., Inc. is set to release its third-quarter earnings results on November 25, with analysts expecting earnings of $1.31 per share, an increase from $1.26 per share in the same period last year [1] - The consensus estimate for quarterly revenue is $9.59 billion, compared to $9.45 billion in the previous year [1] - CFO Matt Bilunas indicated that third-quarter comparable sales are expected to reflect a 1.6% growth, aligning with the higher end of the full-year revenue guidance of $41.1 billion to $41.9 billion [2] Analyst Ratings - Telsey Advisory Group analyst Joseph Feldman maintains an Outperform rating with a price target of $90 [5] - JP Morgan analyst Christopher Horvers has an Overweight rating and raised the price target from $89 to $97 [5] - Truist Securities analyst Scot Ciccarelli holds a Hold rating and increased the price target from $72 to $79 [5] - Argus Research analyst Chris Graja maintains a Hold rating [5] - Wedbush analyst Alicia Reese has a Neutral rating and raised the price target from $70 to $75 [5]
European Shares Seen Lower As Investors Await US Data
RTTNews· 2025-11-25 05:35
European stocks are seen opening on a sluggish note Tuesday as investors await key U.S. economic data for direction. Trading later in the day may be impacted by reaction to readings on U.S. retail sales, pending home sales, producer prices and consumer confidence.Ahead of Thanksgiving and Black Friday, these reports may provide valuable insights into inflation pressures, consumer spending patterns and overall economic sentiment in the world's largest . U.S. stock futures edged lower after major averages re ...
Exodus Movement, Inc. (EXOD) Baanx.com Ltd, Exodus Movement, Inc., Monavate Holdings Limited, - M&A Call - Slideshow (NYSE:EXOD) 2025-11-25
Seeking Alpha· 2025-11-25 05:31
Group 1 - The article does not provide any specific content related to a company or industry [1]
Alibaba, Zoom Communications And 3 Stocks To Watch Heading Into Tuesday - Alibaba Gr Hldgs (NYSE:BABA)
Benzinga· 2025-11-25 05:19
Group 1 - HP Inc. is expected to report quarterly earnings of 92 cents per share on revenue of $14.48 billion, with shares rising 0.5% to $24.51 in after-hours trading [2] - Semtech Corp. reported third-quarter revenue of $267 million, missing analyst estimates of $268.83 million, while adjusted earnings were 48 cents per share, beating estimates of 45 cents per share; shares dipped 6.9% to $65.17 [2] - J M Smucker Co. is anticipated to post quarterly earnings of $2.10 per share on revenue of $2.32 billion, with shares gaining 0.5% to $104.75 in after-hours trading [2] - Zoom Communications Inc. reported third-quarter revenue of $1.23 billion, exceeding the consensus estimate of $1.21 billion, and adjusted earnings of $1.52 per share, beating estimates of $1.44 per share; shares gained 3.6% to $81.45 [2] - Alibaba Group Holding Ltd. is expected to report quarterly earnings of 49 cents per share on revenue of $34.43 billion, with shares gaining 1% to $162.30 in after-hours trading [2]
ECB scrutinising claims Deutsche Bank underplayed financial risks, FT reports
Reuters· 2025-11-25 05:14
Core Insights - The European Central Bank is investigating allegations against Deutsche Bank regarding the misrepresentation of risks in its balance sheet and its financial strength [1] Group 1 - Allegations suggest that Deutsche Bank may have downplayed risks associated with its financial position [1] - The investigation by the European Central Bank indicates potential regulatory scrutiny on Deutsche Bank's financial disclosures [1] - The situation could impact investor confidence and market perception of Deutsche Bank's stability [1]
Tripadvisor Winter Travel Index Report Shows Travelers are Hitting the Road this Winter with 60% Planning Trips
Prnewswire· 2025-11-25 05:01
Core Insights - Tripadvisor's annual Winter Travel Index indicates a significant increase in winter travel demand, with 60% of travelers planning trips and 45% traveling more than last year [1][2] - Cost remains a primary consideration for travelers, yet over half (52%) are expected to spend more this year despite economic uncertainties [2] Travel Preferences - Travelers are divided in their destination choices, with major cold-weather cities like New York City and London competing with warm-weather destinations such as Cancun and Bangkok [3][5] - U.S. travelers show a preference for both cold and warm destinations, favoring New York City and sunny international locations, particularly in Mexico [3][7] Travel Behavior and Activities - A strong emphasis on activities and experiences is noted, with 93% of travelers considering experiences important to their travel budget and 84% prioritizing planned activities [4][8] - Cultural sightseeing is the most popular travel activity at 38%, followed by nature sightseeing (37%), shopping (31%), and road trips (28%) [4] Generational Trends - Travel behaviors vary significantly by age group, with Gen Z and Millennials showing a higher preference for activities compared to older generations [11] - Younger travelers are more likely to plan ambitious itineraries, with nearly one-third visiting three or more cities during their biggest winter trip [11] Seasonal Influences - Seasonal factors influence 86% of winter travel decisions, with a focus on family connections and cultural experiences during the holiday season [13]