Market Uncertainty: Tech Stocks, Earnings, and Economic Data

Market Update: Navigating a Holiday-Shortened Trading Schedule and AI Market CautionInvestors are navigating a holiday-shortened trading schedule due to Thanksgiving, while digesting Nvidias recent earnings report. Despite strong results, theres a growing sense of caution around the AI-driven market. The S&P 500 and Nasdaq experienced significant intraday reversals, with tech stocks, including Meta and Oracle, seeing sharp drops despite AI spending plans. This week, key economic reports like producer prices, retail sales, and consumer confidence will be released, along with earnings from Alibaba Holdings, Dell Technologies, and retailers like Kohls and Best Buy.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.