Costco pulls a popular product line from its warehouse shelves

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.

JPMorgan has issued a surprising price prediction for the S&P 500 for 2026, indicating a bullish outlook for the index. This forecast aligns with a broader trend of optimism in the stock market, as various sectors are showing signs of recovery and growth.

AARP has issued a strong warning regarding the financial sustainability of Social Security, highlighting the potential for a 23% reduction in retirees' monthly payments within the next decade if no action is taken. This concern is rooted in the long-term viability of the Old-Age and Survivors Insurance trust fund, which is facing significant financial challenges.

Amazon is facing a growing boycott from consumers as the holiday season approaches, reflecting rising discontent over pricing and service issues. This situation poses a significant threat to the company's holiday sales, which are crucial for its annual performance.

A 65-year-old rival to Home Depot has permanently closed its business, reflecting the ongoing struggles within the home improvement and hardware retail sector, which has seen a wave of closures this year. Industry experts predict that this trend will continue through 2025, driven by reduced growth and lower sales projections in the market.