BREAKING: Indexes Jump To Key Level Indexes rose to start the holiday-shortened week Monday, extending gains from Friday. But the damage from a sharp sell-off during last week's trade was not entirely undone, even as the S&P 500 and the Nasdaq composite all but retook their 50-day moving average in the stock market today. The Dow finished a notch below its 50- day line as it picked… Related news Wall Street Weighs New AI Stock Fear: Why Google Winning Could Be 'Risk To Watch' 5:06 AM ETWhy Google's Gemini 3 ...

Welcome back to opening bell. Feeling a little positive after a little bounce Friday. More likely we get a cut. Let's see what Rob Luna, CEO of Altrion has to say. It's good to see you. Look, we're about 4% off on the S&P 500 off the highs. NASDAQ's about 7% off. We did have Deutsche Bank saying 8,000 by the end of next year on the S&P. What are your thoughts on the market action here near-term. I think in the near term, look, Nicole, we've got a lot of concerns out right there, right now, and I think a lot ...

Some experts say that after years of seeing stocks go nowhere but up, the market could stand a hit. Photo by Spencer Platt / Getty Images Close Key Takeaways "I would rather not live through a nasty recession and long bear market," Ritholtz Capital Management's Ben Carlson wrote recently. "But I know those risks exist. ... That's why I diversify. I don't use leverage in my portfolio. I don't have concentrated positions. The name of the game in a long bear market is surviving, both mentally and financially, ...

Core Insights - The recent market rally, particularly in the tech sector, indicates improving investor sentiment towards AI-related stocks and optimism about a potential Federal Reserve rate cut next month [1][6]. Group 1: Market Performance - Tech stocks, especially members of the "Magnificent Seven," were among the strongest performers in the S&P 500 on Monday, following a challenging period [2]. - Tesla's shares surged nearly 7% after CEO Elon Musk announced plans to expand the company's AI chips business, aiming to produce chips at higher volumes than competitors [3]. - Alphabet's shares increased over 6%, reaching a closing record, bolstered by positive feedback on its AI model, Gemini 3, from industry leaders [3]. Group 2: Sector Dynamics - Broadcom led the S&P 500 with an 11% increase in its shares, while other semiconductor companies like Micron and AMD also saw gains, contributing to a nearly 5% rise in the Philadelphia Semiconductor Index [5]. - The tech sector's performance on Monday suggests a rebound in sentiment after a recent downturn, supported by optimism regarding a potential rate cut by the Federal Reserve [6].

Core Insights - The AI sector experienced a significant rebound, with major companies like Tesla and Alphabet seeing substantial stock gains following positive developments in AI technology [2][4][7]. Market Performance - Major U.S. equity indexes rose, with the Dow increasing by 0.4%, the S&P 500 up by 1.6%, and the Nasdaq surging by 2.7%, driven by expectations of a potential interest rate cut by the Federal Reserve in December [3]. Company Highlights - Alphabet's shares jumped over 6%, reaching an all-time closing high, following the launch of its latest AI model, Gemini 3, which received strong endorsements from industry leaders [4][7]. - Broadcom, a key AI chipmaker and major supplier to Google, saw its stock soar over 11%, marking the best performance in the S&P 500 [5]. - Tesla's shares rose nearly 7% as CEO Elon Musk emphasized the company's AI chip capabilities and future production plans, positioning Tesla as a leader in AI and self-driving technology [5][7]. Industry Trends - The AI trade is gaining momentum again after previous concerns about an AI bubble, with semiconductor stocks benefiting from the renewed interest in AI technologies [2][5]. - Cruise operators, including Carnival Corp., faced declines, with Carnival's shares dropping nearly 7% ahead of its upcoming earnings report, reflecting broader challenges in the cruise industry [6][8].

That is the closing bell on Wall Street. And now it's market domination over time. We're giving you full coverage of all the moves.Get you up to speed on the action from today's trade. Yahoo Finances Jared Brookkeley joining us now with the latest market action. Jared, >> thank you Josh.Let's start with the NASDAQ Composite having its best day since May. That is 6 months. So pretty impressive day.It was up up and away from the very beginning. Very similar story for the Nasdaq 100. Both of those up 2.6%.S&P ...

Financial Data and Key Metrics Changes - For Q3 2026, net sales were $267 million, up 4% sequentially and up 13% year-over-year, driven by data center and LoRa portfolio momentum [4] - Adjusted operating margins grew 180 basis points sequentially and 230 basis points year-over-year [4] - Adjusted diluted earnings per share were $0.48, up 17% sequentially and 85% year-over-year [25] - Adjusted EBITDA was $62.7 million, up 11% sequentially and 23% year-over-year, with an adjusted EBITDA margin of 23.5% [22] Business Line Data and Key Metrics Changes - Infrastructure net sales were $77.9 million, up 6% sequentially and 18% year-over-year, supported by data center business [7] - Data center net sales reached a record $56.2 million, up 8% sequentially and 30% year-over-year [8] - High-end consumer net sales for Q3 were $41.9 million, up 2% sequentially and 5% year-over-year [12] - Industrial net sales were $147.2 million, up 3% sequentially and 12% year-over-year, driven by strong LoRa performance [13] Market Data and Key Metrics Changes - The data center business is expected to see continued growth, with projections for a 10% sequential increase in Q4 [26] - The high-end consumer market is anticipated to decrease by about 3% sequentially in Q4, partially offset by market share gains [26] - The industrial end market is expected to remain flat, with growth in IoT systems and connectivity [26] Company Strategy and Development Direction - The company is focused on capturing growth opportunities in core assets and optimizing its portfolio [19] - The acquisition of the Force Sensing business is expected to enhance the sensor portfolio and create cross-selling opportunities [5][13] - The company aims to lead in ultra-power-efficient solutions across high-bandwidth data center networking and IoT applications [18] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the growth trajectory of the data center business, supported by strong demand for low-power solutions [9][10] - The company is well-positioned to drive LoRa adoption with new capabilities and features [15] - Management highlighted the importance of maintaining a strong balance sheet and reducing interest expenses to support strategic investments [24] Other Important Information - The company completed a $402.5 million convertible note offering, significantly reducing annual interest expenses [23][24] - Operating cash flow for Q3 was $47.5 million, up 60% year-over-year, indicating strong cash generation [25] - The company is actively engaged in divesting non-core assets, with multiple indications of interest from potential acquirers [6][52] Q&A Session Summary Question: What is the outlook for CopperEdge with the lead CSP? - Management indicated that CopperEdge is designed into three programs, with a substantial ramp expected throughout fiscal year 2026 [30][31] Question: How does LPO fit into the market? - Management anticipates a meaningful contribution from LPO in Q4, with strong design wins expected [34] Question: What is the expected gross margin for Q4? - The semiconductor gross margin is projected to be 60.5%, with lower margins anticipated in the IoT systems and connectivity segment [57] Question: What has changed regarding the divestiture of non-core assets? - Management noted increased interest from potential acquirers due to improved geopolitical conditions and business opportunities [52] Question: What is the status of the ACC opportunity? - Management confirmed that there are no reliability issues with ACC, and the ramp is expected to begin in Q4 [60]

Core Insights - Semtech Corporation (NASDAQ:SMTC) is a mid-cap technology company recognized for its innovative semiconductor products and operates in a competitive market alongside firms like LYFT, GTLB, EPAM, and ONTO, which exhibit strong demand trends and potential for significant brokerage upside [1] Market Performance - On November 24, 2025, Morgan Stanley set a price target of $64 for SMTC, indicating a potential downside of approximately -5.79% from the current trading price of $67.93, while SMTC's current price of $68.13 reflects a 6.70% increase, or $4.28, showcasing positive market sentiment [2] - The U.S. stock markets have experienced a bull run since early 2023, with the Dow, S&P 500, and Nasdaq Composite gaining 9.1%, 12.5%, and 15.5% respectively, supporting the growth potential of mid-cap stocks like SMTC [3] Stock Volatility and Metrics - SMTC's stock has demonstrated significant volatility, with a 52-week high of $79.52 and a low of $24.05, and it fluctuated between $64.51 and $68.39 on the current day, with a market capitalization of approximately $5.91 billion and a trading volume of 753,419 shares [4] Investment Strategy - Investing in mid-cap stocks like SMTC is viewed as a beneficial strategy for portfolio diversification, offering the growth potential of small caps combined with the stability of large caps, making them attractive for investors looking to capitalize on current market trends [5]

Market Overview - Tech stocks are leading the market surge, with the NASDAQ composite and NASDAQ 100 both up approximately 2.5%, marking their best day since May [2][3] - The S&P 500 is up about 1.5%, while the Russell 2000, indicative of small caps, is slightly outperforming the S&P 500 [3] - The bond market shows a decline in the 10-year T-note yield to 4.04%, nearing yearly lows, while the 30-year yield is down to 4.68% [4] Sector Performance - The tech sector is up 2.4%, followed by consumer discretionary at 1.5%, with communication services also performing well [5] - Defensive sectors like staples are down by 1%, indicating bullish sentiment in the market [6] Notable Stock Movements - Alphabet reached a record high, increasing by 6%, while Apple is on track for another record closing high at 1.7% [6] - Tesla saw a nearly 7% increase, and Meta rebounded by 3.5% after recent declines [6] - Semiconductor stocks are performing well, with Lamb Research and AMD both up 5.5%, and Micron up 7.5% [7] Cryptocurrency Insights - Bitcoin is up 1.15% over the last 24 hours, but the entire crypto market has lost about 29% of its market cap since October [10][11] - Bitcoin ETFs are experiencing significant outflows, with $3.5 billion withdrawn this month [9] - Analysts express caution regarding the sustainability of Bitcoin's recent rally, with some predicting a fade in momentum leading up to the FOMC meeting [12][13] Federal Reserve Outlook - There is an increasing expectation for a rate cut in December, with odds rising to approximately 80% [38][40] - Recent comments from Fed officials indicate concerns about a deteriorating labor market, supporting the case for a rate cut [38][39] - The unemployment rate has increased by 0.3 percentage points over the last three months, providing economic justification for potential cuts [43][49] Retail Sector Trends - Consumer spending remains strong, with year-over-year growth reported at 5% [70] - Retailers like Walmart and TJX are thriving, while others like Target are struggling [76][107] - The holiday shopping season is expected to be busy, with a significant shift towards online shopping [86] AI and Technology Developments - Google’s Gemini 3 chatbot has gained traction, outperforming competitors like GPT-5 in various benchmarks [58][60] - The competitive landscape in AI is rapidly evolving, with companies continuously releasing new models [62] - Walmart is positioning itself as a tech-powered retailer, focusing on predictive analytics and technology implementation [90][94]

About 2 minutes away from the end of the trading day. Katie Greifeld and Scarlet Fu in for Romaine Bostick. And here to help take us through the closing bell, we're joined by a global simulcast, Carol Massar and Tim Stenovec.We bring together all of our different audiences across all the different platforms. Carol Massar And boy, what a bounce back we're seeing on this monday. Yeah, exactly right.Although you dig a little bit deeper into the S&P 500 in almost an even split, but I am seeing some mega outperf ...