Bin, give me a final trade, please. >> Yes, speaking of Liberation Day, the cyber security ETF bug, it's almost back down there. I think it's a good entry point if you don't have any cyber security exposure.>> Okay, we found out Malcolm that you've added to yours. What's your final trade. >> Yeah, I guess doubling down here.Crowd Strike reports next week. See my previous comments about Zcaler. Okay, Steph, >> Amazon positive catalyst next week at their reinvent conference >> and Joe T.Speaking of Amazon, ho ...

All right, attention sports fans. Amazon Prime was going to air the Black Friday NFL matchup between the Eagles and the Bears later today. Joining us now live from Lincoln Field, it's Jay Marine, Amazon head of global sports and advertising as well as the head of Prime Video in the in the US.Uh Jay, great to see you this morning. 15 hours of live programming today. Tell us what that means for viewers and what it means for Amazon.Yeah. Well, first of all, thanks for having me. It's it's going to be a fantast ...

Core Insights - Online sales in the U.S. during the Thanksgiving holiday are projected to increase by 6% year-over-year, reaching a total of $8.6 billion according to Salesforce data [1] Group 1: Sales Performance - The expected rise in online sales indicates a strong consumer demand during the holiday season [1] - The $8.6 billion forecast reflects a significant contribution to the overall retail performance during Thanksgiving [1]

Group 1 - Alibaba Group has initiated a donation of 20 million HKD to support fire rescue efforts and subsequent transitional housing, supply of living materials, and emotional support in Hong Kong [1] - The company has activated its emergency disaster response mechanism, with its subsidiary Cainiao mobilizing emergency supplies such as food and bedding to assist affected residents [1] - A significant fire incident occurred in Hong Kong's Tai Po district on November 26, resulting in major casualties and losses [1] Group 2 - Alibaba expressed deep condolences to the victims of the fire and sincere sympathy to all affected families and communities [1] - The company honors the rescue heroes who bravely responded to the disaster and will continue to monitor the situation and collaborate with various parties to assist in the resettlement of disaster victims [1]

Core Viewpoint - Alibaba shares are experiencing volatility due to a Bloomberg report indicating that the Pentagon is considering placing the company on a list for its alleged support of the Chinese military [1] Group 1: Industry Concerns - The U.S. is increasingly viewing China's entire tech ecosystem as strategically aligned with the Communist Party, raising concerns in Washington about companies like Alibaba, BU, and BYD potentially facing restrictions on their operations in the U.S. [2] - The focus is shifting from Huawei, a private company, to publicly listed companies such as Alibaba, which has American board members and quarterly earnings reports [3]

Group 1 - The article highlights significant announcements related to stock market activities, including suspensions, investments, acquisitions, performance reports, and other corporate actions that may impact investor decisions [1] - Huawei is involved in the construction of 6G experimental networks, indicating its commitment to advancing telecommunications technology [1] - Alibaba is issuing procurement orders in batches to a company based on the demand for data center construction, showcasing its focus on enhancing infrastructure for AI and computing [1] Group 2 - A company is acquiring equity in enterprises to expand its business in AI server liquid cooling and other related sectors, reflecting a strategic move towards emerging technologies [1]

Core Insights - Alibaba Group Holding Limited (BABA) is experiencing growth in its Alibaba International Digital Commerce Group (AIDC), which is seen as a key driver for the company's future growth [1] Group 1: Company Performance - The growth of AIDC has been highlighted by bulls as a significant factor for Alibaba's future performance [1] Group 2: Investment Strategy - The investment approach discussed emphasizes a long-term holding strategy, focusing on understanding market dynamics beyond traditional metrics like P/E ratios [1] - The perspective on investing includes recognizing the importance of human behavior and market sentiment in stock valuation [1]

Core Insights - Prosus N.V. is a Dutch technology investor with a significant stake in Tencent Holdings, focusing on digital services and e-commerce expansion [1] - The company reported earnings with an EPS of $0.43 and revenue of approximately $3.61 billion, exceeding estimates [2][6] - Prosus experienced a 99% increase in adjusted core profit for the half-year, driven by strong e-commerce and digital services performance [3][6] Financial Performance - Revenue growth is attributed to successful e-commerce operations and strategic investments, with a 70% increase in profitability across regions including Latin America, Europe, and India [3] - The company has a P/E ratio of 17.97, a price-to-sales ratio of 23.03, and an enterprise value to sales ratio of 24.53, indicating strong market valuation [4] - Prosus maintains a debt-to-equity ratio of 0.32 and a current ratio of 3.54, reflecting low debt levels and strong liquidity [5][6]

Core Insights - Alibaba Group Holding Limited (BABA) reported its earnings for the quarter ending September 30, showing revenue that exceeded analyst estimates but slightly missing earnings per share (EPS) expectations [1] Financial Performance - The company's revenue surpassed analyst forecasts, indicating strong sales performance during the quarter [1] - However, the EPS results fell short of analyst predictions, suggesting potential concerns regarding profitability [1]

Market Overview - U.S. stock markets are experiencing cautious premarket activity on November 25, 2025, following a strong tech-driven rally on the previous day [1] - Investors are digesting delayed economic data and anticipating key corporate earnings reports, with futures showing slight declines [2] Premarket Trading and Futures Movements - As of early Tuesday, U.S. stock futures are broadly lower, with Dow Jones futures down approximately 0.07% to 0.2%, S&P 500 futures slipping by 0.1% to 0.2%, and Nasdaq 100 futures falling between 0.1% and 0.4% [2] - The pullback follows a strong performance on Monday, primarily driven by a rebound in AI stocks, but traders are cautious due to high valuations and the upcoming Thanksgiving holiday [2] Major Market Indexes Performance - On November 24, 2025, the Nasdaq Composite surged by 2.7% to close at 22,872.01, marking its best daily performance since May [3] - The S&P 500 rose 1.6% to finish at 6,705.12, while the Dow Jones climbed 0.4% or 202.86 points to close at 46,448.27 [3] - Despite the strong showing, all three major indexes are on track to close November in negative territory due to earlier sell-offs in AI stocks [3] Upcoming Market Events - Key economic data releases on November 25 include October's U.S. retail sales figures, September's Producer Price Index (PPI), and the November Consumer Confidence report [4] - These reports are significant as they will be among the last inflation readings considered by the Federal Reserve before its next policy meeting in December [4] Earnings Season Continues - Notable companies reporting quarterly results include Alibaba Group, Nio Inc., Analog Devices, NetApp Inc., HP Inc., and Dell Technologies, along with retailers Best Buy and Kohl's [5] Federal Reserve Outlook - Market participants are focused on the Federal Reserve's monetary policy, with expectations of a 25-basis-point rate cut in December, supported by recent statements from Fed officials [6][7] Major Stock News and Developments - The AI sector remains a dominant theme, with Alphabet Inc. seeing a 6.3% stock jump following the announcement of its upgraded AI platform, Gemini 3 [8] - Nvidia is experiencing selling pressure, with shares down between 3% and 4.5%, amid increased competition from Meta Platforms' discussions to invest in Google's AI chips [9] - Other AI-related companies like Broadcom, Micron Technology, and Advanced Micro Devices saw significant gains, with Broadcom surging 11.1% [9] Corporate Earnings Highlights - Kohl's reported a 2.8% decrease in net sales but raised its full-year outlook and appointed a new CEO [10] - Best Buy reported a 2.7% increase in comparable sales and raised its FY26 adjusted diluted EPS guidance [10] - Nio Inc. announced a 16.7% increase in total revenues from the third quarter of 2024 and projected vehicle deliveries between 120,000 and 125,000 for Q4 2025 [11]