Wall Street heads into Thanksgiving week with questions over AI trade, Fed rate cut
Next week’s shortened holiday week could prove volatile.
Next week’s shortened holiday week could prove volatile.
An airplane takes off from New York’s Laguardia Airport after the FAA ordered flight cuts at 40 major airports amid the ongoing U.S. government shutdown in the Queens borough of New York City, U.S., November 7, 2025. Ryan Murphy | Reuters Air traffic controllers and technicians with perfect attendance during the government shutdown will receive … Read more
A sign with the company logo sits outside of the headquarters of Eli Lilly in Indianapolis, Indiana, on March 17, 2024. Scott Olson | Getty Images Eli Lilly reached a $1 trillion market capitalization on Friday, the first health-care company in the world to join the exclusive club dominated by tech firms. Eli Lilly briefly hit … Read more
Nvidia on Wednesday reported fiscal third-quarter earnings that beat expectations, and provided a strong forecast for the current quarter. Wall Street welcomed the report, and Nvidia stock rose after the release and during the conference call. Other stocks in the so-called artificial intelligence trade also saw a boost. A closer look at Nvidia’s report shows … Read more
The Hyundai Crater concept SUV was revealed at the LA Auto Show on Thursday, Nov. 20, 2025. Michael Wayland / CNBC LOS ANGELES — Hyundai Motor has ambitions to increase the rugged, off-road capabilities of its vehicles in the U.S., based on a new “Crater” concept SUV revealed Thursday. The rugged compact vehicle mixes Hyundai … Read more
Jerome Powell, chairman of the US Federal Reserve, during a news conference following a Federal Open Market Committee (FOMC) meeting in Washington, DC, US, on Wednesday, Oct. 29, 2025. Al Drago | Bloomberg | Getty Images Odds of a December rate cut remained low following the release of delayed jobs data. Markets were last pricing … Read more
Check out the companies making headlines before the bell: Nvidia — The chipmaker popped 5% after it reported fiscal third-quarter results that were well above expectations. Nvidia’s fourth-quarter revenue guidance was also stronger than analysts anticipated. Walmart — The retail giant rose slightly on better-than-expected results for the third quarter. Walmart earned an adjusted 62 … Read more
FILE PHOTO: The logo of Swiss drugmaker Novartis is seen at the company’s new cell and gene therapy factory in Stein, Switzerland, November 28, 2019. Arnd Wiegmann | Reuters Swiss drugmaker Novartis on Thursday forecast sales growth of 5% to 6% per year to 2030, on a currency-adjusted basis, as higher forecast peak sales for … Read more
Jensen Huang, NVIDIA founder and CEO, has a Q&A session at a press conference during the APEC CEO summit on October 31, 2025 in Gyeongju, South Korea. Woohae Cho | Getty Images News | Getty Images Nvidia reported fiscal third-quarter earnings and revenue that topped Wall Street expectations on Wednesday and provided stronger-than-expected sales guidance for the … Read more
Jensen Huang, CEO of Nvidia, reacts during the 2025 Asia-Pacific Economic Cooperation (APEC) CEO Summit in Gyeongju, South Korea, October 31, 2025. Kim Soo-hyeon | Reuters Arm on Monday said that central processing units based on its technology will be able to integrate with AI chips using Nvidia’s NVLink Fusion technology. The move will make … Read more