A number of stocks jumped in the afternoon session after renewed enthusiasm for Alphabet reinvigorated the artificial intelligence trade, propelling a market rebound heading into the Thanksgiving holiday.
A number of stocks jumped in the afternoon session after renewed enthusiasm for Alphabet reinvigorated the artificial intelligence trade, propelling a market rebound heading into the Thanksgiving holiday. The Nasdaq index jumped 2.6% and the S&P 500 gained 1.6%, driven by a 5% rally in Alphabet following the announcement of its upgraded Gemini 3 AI model. This optimism spilled over into the broader tech sector, lifting shares of Broadcom, Micron, and Palantir significantly.
The rally built on momentum from the previous trading session, sparked by the New York Fed president keeping the door open for a December interest rate cut.
A number of stocks jumped in the afternoon session after renewed enthusiasm for Alphabet reinvigorated the artificial intelligence trade, propelling a market rebound heading into the Thanksgiving holiday. The Nasdaq index jumped 2.6% and the S&P 500 gained 1.6%, driven by a 5% rally in Alphabet following the announcement of its upgraded Gemini 3 AI model. This optimism spilled over into the broader tech sector, lifting shares of Broadcom, Micron, and Palantir significantly.
The rally built on momentum from the previous trading session, sparked by the New York Fed president keeping the door open for a December interest rate cut.
Shares of data analytics company Palantir Technologies (NASDAQ:PLTR) jumped 6.5% in the afternoon session after renewed enthusiasm for Alphabet reinvigorated the artificial intelligence trade, propelling a market rebound heading into the Thanksgiving holiday.
Alico Inc. completes its citrus transition, posting a major annual loss due to strategic costs while beating revenue guidance and advancing land development.
Amentum (AMTM) beats Q4 earnings and revenue estimates, sending its stock higher. The company also provides strong FY26 EPS guidance and reports a growing $47.1B backlog.
Agilent Q4 FY25 earnings beat expectations, but revenue slightly missed. Strong growth in key segments, though future guidance fell short of estimates.
StoneX Group (SNEX) posts record Q4 FY2025 results, crushing revenue estimates with $1.20B and beating EPS forecasts. Shares surge on the strong earnings beat.
Keysight Technologies (KEYS) beat Q4 earnings and revenue estimates, sending its stock up over 13%. Strong future guidance and a new $1.5B stock buyback program fueled investor optimism.
Blue Bird (BLBD) stock surges after Q4 earnings beat, posting record revenue and EPS. The school bus maker also highlights strong growth in its electric vehicle division.
