Stock Market Today: Nasdaq Heads Higher Before Thanksgiving Holiday

The stock market experienced positive momentum on November 26, 2025, with the S&P 500 rising by 0.7% and the Nasdaq Composite also gaining, largely driven by a significant surge in Robinhood's stock. This marks the third consecutive day of market gains, reflecting a rebound from previous declines earlier in the month.

U.S. stock indexes continued their upward trend for the fourth consecutive session, buoyed by optimism surrounding potential interest rate cuts and renewed interest in technology stocks, particularly in the AI sector. The Nasdaq composite rose by 0.8%, while the S&P 500 increased by 0.7%.

Costco has removed a popular product line from its warehouse shelves, reflecting a strategic shift in its inventory management. This decision aligns with the company's ongoing adjustments to its merchandise offerings, which include both seasonal and core items aimed at enhancing customer experience.

Nvidia's stock has seen a significant decline, losing nearly $200 billion in market capitalization over the past week, prompting concerns among traders about the sustainability of the AI boom. Jim Cramer has made a blunt call regarding the stock, reflecting the heightened anxiety in the market.

A 37-year-old liquor and beer brand has filed for Chapter 7 bankruptcy, indicating that the company will be liquidated. This legal process allows for the sale of the company's assets under court supervision, which may lead to a new owner potentially reviving the brand, although often assets are simply auctioned off.

Verizon has announced the layoff of over 13,000 employees, marking its largest workforce reduction to date. This decision follows a significant loss of customers, prompting the company to reassess its operational strategy and make drastic changes to its workforce.

Amazon has announced a significant push into artificial intelligence infrastructure with two major investments, marking a strategic shift from its traditional retail focus to becoming a key player in the national AI landscape. This announcement was made on November 25, 2025, as the company seeks to enhance its computing capabilities.

The stock market showed positive momentum as of November 25, with the S&P 500 closing 0.9% higher, driven by gains from companies like Keysight Technologies, Chipotle, and Albemarle. Alphabet is nearing a $4 trillion market capitalization, reflecting investor confidence despite recent fluctuations in the tech sector.