Author: Rishabh Mishra

  • Stock Market Today: Dow Jones, S&P 500 Futures Rise As Fed Hints At Possibility Of December Cut — Pony AI, Alphabet, Zoom In Focus

    Stock Market Today: Dow Jones, S&P 500 Futures Rise As Fed Hints At Possibility Of December Cut — Pony AI, Alphabet, Zoom In Focus

    U.S. stock futures rose on Monday after Friday’s advances. Futures of major benchmark indices were higher.

    Optimism among investors is rising following New York Fed President John Williams‘ indication that a rate cut in December is still on the table.

    He said in a speech on Friday that “I still see room for a further adjustment in the near term to the target range for the federal funds rate to move the stance of policy closer to the range of neutral.”

    Meanwhile, investors await earnings from Dell Technologies Inc. (NYSE:DELL), HP Inc. (NYSE:HPQ), Deere & Co. (NYSE:DE), Li Auto Inc. (NASDAQ:LI), and others in this Thanksgiving holiday-shortened week.

    The 10-year Treasury bond yielded 4.05% and the two-year bond was at 3.51%. The CME Group’s FedWatch tool‘s projections show markets pricing a 73.5% likelihood of the Federal Reserve cutting the current interest rates during its December meeting.

    Futures Change (+/-)
    Dow Jones 0.03%
    S&P 500 0.30%
    Nasdaq 100 0.51%
    Russell 2000 0.20%

    The SPDR S&P 500 ETF Trust (NYSE:SPY) and Invesco QQQ Trust ETF (NASDAQ:QQQ), which track the S&P 500 index and Nasdaq 100 index, respectively, were higher in premarket on Monday. The SPY was up 0.19% at $660.28, while the QQQ advanced 0.37% to $592.25, according to Benzinga Pro data.

    Stocks In Focus

    Pony AI

    • Pony AI Inc. (NASDAQ:PONY) rose 2.59% in premarket on Monday as it announced a partnership with ride-hailing platform Sunshine Mobility to build a large-scale autonomous driving fleet.
    • Benzinga’s Edge Stock Rankings indicate that PONY maintains a weaker price trend over the short, long, and medium terms. Additional performance details are available here.
    Benzinga's Edge Stock Rankings for PONY.

    WeRide

    • WeRide Inc. (NASDAQ:WRD) jumped 7.92% as its revenue grew 144.3% year-over-year to $24.0 million and gross profit rose 1,123.9% YoY to $7.9 million in the third quarter.
    • WRD maintained a weaker price trend over the short, long, and medium terms. Additional performance details, as per Benzinga’s Edge Stock Rankings, are available here.
    Benzinga's Edge Stock Rankings for WRD.

    Alphabet

    • Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) gained 2.38% after it surpassed Microsoft Corp. (NASDAQ:MSFT) in market value on Friday, following the launch of Gemini 3 and Nano Banana last week.
    • Benzinga’s Edge Stock Rankings shows that GOOG maintains a stronger price trend over the short, medium, and long terms, with a strong quality ranking. Additional information is available here.
    Benzinga's Edge Stock Rankings for GOOG.

    Zoom Communications

    • Zoom Communications Inc. (NASDAQ:ZM) was 0.52% higher ahead of its earnings expected to be released after the closing bell. Wall Street expects earnings of $1.21 per share on revenue of $1.21 billion.
    • It maintained a weaker price trend over the short, medium, and long terms, with a strong growth ranking. Additional performance details, as per Benzinga’s Edge Stock Rankings, are available here.
    Benzinga's Edge Stock Rankings for ZM.

    Keysight Technologies

    • Keysight Technologies Inc. (NYSE:KEYS) was up 0.45% as analysts expect it to report earnings of $1.77 per share on revenue of $1.39 billion after the closing bell.
    • KEYS maintained a weaker price trend over the short term but a strong trend in the medium and long terms, with a poor value ranking. Additional performance details, as per Benzinga’s Edge Stock Rankings, are available here.
    Benzinga's Edge Stock Rankings for KEYS.

    Cues From Last Session

    Communication services, health care, materials, consumer discretionary, and real estate sectors led the gains on Friday as all sectors ended in green.

    Index Performance (+/-) Value
    Nasdaq Composite 0.88% 22,273.08
    S&P 500 0.98% 6,602.99
    Dow Jones 1.08% 46,245.41
    Russell 2000 2.80% 2,369.59

    Insights From Analysts

    Prominent economic and market voices are sounding alarms regarding U.S. stability, highlighting risks from market concentration and policy choices.

    Investor Ruchir Sharma argues that “American exceptionalism” is peaking, warning that “America is now one big bet on AI.” With AI capital expenditure driving 40% of growth, Sharma contends this “maniacal focus” conceals deep fiscal vulnerabilities.

    He observes that while investors currently offer a “free pass” on deficits, the market represents “a good story that’s gone too far.” He cautions that “If the AI boom was not happening, the economy would be weaker,” advising diversification as the “gap of outperformance” closes.

    Compounding these structural risks, Moody’s Chief Economist Mark Zandi warns of a “serious affordability crisis.” He argues that specific policies, specifically tariffs and immigration restrictions, are “juicing” inflation.

    Zandi notes that “It didn’t have to be this way,” but protectionist measures have “upended that outlook,” pointing toward “even higher inflation dead-ahead.”

    While Sharma fears a bubble burst, Zandi emphasizes the burden on consumers, predicting that “tough financial times” will persist for the “foreseeable future.”

    See Also: How to Trade Futures

    Upcoming Economic Data

    Here’s what investors will be keeping an eye on this week;

    • No data is scheduled to be released on Monday.
    • On Tuesday, September’s delayed U.S. retail sales, and headline and core PPI will be out by 8:30 a.m. ET.
    • September’s S&P Case-Shiller home price index for 20 cities will be released by 9:00 a.m., August’s delayed business inventories data, November’s consumer confidence data, and October’s pending home sales data will be out by 10:00 a.m. ET.
    • On Wednesday, the initial jobless claims data for the week ending Nov. 22 and September’s delayed durable-goods orders data will be announced by 8:30 a.m. ET.
    • No data is scheduled to be released for the Thanksgiving holiday on Thursday.
    • On Friday, November’s Chicago Business Barometer (PMI) will be released by 9:45 a.m. ET.

    Commodities, Gold, Crypto, And Global Equity Markets

    Crude oil futures were trading lower in the early New York session by 0.43% to hover around $57.56 per barrel.

    Gold Spot US Dollar rose 0.20% to hover around $4,073.96 per ounce. Its last record high stood at $4,381.6 per ounce. The U.S. Dollar Index spot was 0.04% lower at the 100.1430 level.

    Meanwhile, Bitcoin (CRYPTO: BTC) was trading 0.57% lower at $85,875.64 per coin.

    Asian markets closed lower on Monday, except Hong Kong’s Hang Seng and Australia’s ASX 200 indices. China’s CSI 300 index. India’s NIFTY 50, Japan’s Nikkei 225, and South Korea’s Kospi indices fell. European markets were mostly higher in early trade.

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    Image via Shutterstock

  • Stock Market Today: S&P 500, Nasdaq Futures Drop Despite Senate Passing Resolution To Reopen Government—Nvidia, Paramount Skydance In Focus

    Stock Market Today: S&P 500, Nasdaq Futures Drop Despite Senate Passing Resolution To Reopen Government—Nvidia, Paramount Skydance In Focus

    U.S. stock futures fell on Tuesday after Monday’s rally. Futures of major benchmark indices were lower.

    The U.S. Senate passed a 60-40 vote with the support of nearly all of the chamber’s Republicans and eight Democrats. The bill will now proceed to the House of Representatives, and has to be later signed by President Donald Trump to be signed into law.

    The bond market will remain closed for Veterans’ Day, according to the Securities Industry and Financial Markets Association (SIFMA).

    The CME Group’s FedWatch tool‘s projections show markets pricing a 63.7% likelihood of the Federal Reserve cutting the current interest rates during its December meeting.

    Futures Change (+/-)
    Dow Jones -0.08%
    S&P 500 -0.24%
    Nasdaq 100 -0.42%
    Russell 2000 -0.25%

    The SPDR S&P 500 ETF Trust (NYSE:SPY) and Invesco QQQ Trust ETF (NASDAQ:QQQ), which track the S&P 500 index and Nasdaq 100 index, respectively, were lower in premarket on Tuesday. The SPY was down 0.26% at $679.67, while the QQQ declined 0.44% to $620.47, according to Benzinga Pro data.

    Stocks In Focus

    Nvidia

    • Nvidia Corp. (NASDAQ:NVDA) slipped 1.31% in premarket on Tuesday after SoftBank revealed that it sold its entire stake in U.S. chipmaker for $5.83 billion.
    • NVDA maintained a stronger price trend over the short, medium, and long terms, with a poor value ranking. Additional performance details, as per Benzinga’s Edge Stock Rankings, are available here.
    Benzinga's Edge Stock Rankings for NVDA.

    BigBear.ai Holdings

    • BigBear.ai Holdings Inc. (NYSE:BBAI) surged 20.32% as it reported revenue of $33.14 million, beating estimates of $31.82 million, and a third-quarter loss of three cents per share, beating expectations for a loss of seven cents per share.
    • Benzinga’s Edge Stock Rankings indicate that BBAI maintains a stronger price trend over the long term but a weaker trend in the short and medium terms, with a poor growth ranking. Additional performance details are available here.
    Benzinga's Edge Stock Rankings for BBAI.

    Rocket Lab

    • Rocket Lab Corp. (NASDAQ:RKLB) soared 9.50% after it posted revenue of $155.05 million, beating the consensus estimate of $151.75 million and a third-quarter loss of three cents per share, beating analyst estimates for a loss of 11 cents per share.
    • RKLB maintained a stronger price trend over the short, medium, and long terms. Additional performance details, as per Benzinga’s Edge Stock Rankings, are available here.
    Benzinga's Edge Stock Rankings for RKLB.

    Paramount Skydance

    • Paramount Skydance Corp. (NASDAQ:PSKY) gained 4.92% despite missing its third-quarter earnings, but it said it expects an additional $1 billion in merger savings. Also, it announced a new round of layoffs that will affect about 1,600 employees and said it plans to raise the price of its Paramount+ streaming service in the first quarter of next year.
    • It maintained a weaker price trend in the short term but a strong trend over the long and medium terms, with a strong value ranking. Additional performance details, as per Benzinga’s Edge Stock Rankings, are available here.
    Benzinga's Edge Stock Rankings for PSKY.

    LivePerson

    • LivePerson Inc. (NASDAQ:LPSN) jumped 12.79% after reporting better-than-expected results and raising its FY25 sales guidance. The company said it now sees FY2025 sales of $235.00 million to $240.00 million, up from the previous outlook of $230.00 million to $240.00 million.
    • LPSN maintains a weaker price trend over the short, medium, and long terms, with a poor growth ranking. Additional information is available here.
    Benzinga's Edge Stock Rankings for LPSN.

    Outset Medical

    • Outset Medical Inc. (NASDAQ:OM) tumbled 25.68% after reporting worse-than-expected third-quarter financial results and cutting its FY25 sales guidance below estimates.
    • OM maintained a weaker price trend over short, medium, and long terms, with a poor growth ranking. Additional performance details, as per Benzinga’s Edge Stock Rankings, are available here.
    Benzinga's Edge Stock Rankings for OM.

    Cues From Last Session

    Sectors gaining on Monday included consumer discretionary, communication services, and information technology, which posted the biggest increases, while consumer staples and real estate bucked the positive market trend, closing lower.

    Index Performance (+/-) Value
    Nasdaq Composite 2.27% 23,527.17
    S&P 500 1.54% 6,832.43
    Dow Jones 0.81% 47,368.63
    Russell 2000 0.94% 2,455.65

    Insights From Analysts

    Professor Jeremy Siegel describes an economy that is “holding in” but grappling with significant uncertainty, primarily from the ongoing government shutdown.

    He warns the shutdown “has the potential to shave 1.5 to 2 or more percentage points off Q4 GDP, depending on its duration”. While the economy’s “engine has refused to stall,” the near-term “fiscal and trade outlook remains clouded by this uncertainty”.

    This is compounded by mixed labor data and potential volatility from an upcoming Supreme Court ruling on tariff authority.

    In this environment, Siegel notes that financial markets are not complacent, with volatility metrics indicating “market participants [are] hedging their portfolios.”

    Despite this caution and the prevalence of “bearish head fakes,” Siegel maintains a constructive, forward-looking view on equities. He points to persistent AI capital expenditure and the Federal Reserve’s “accommodative rate cut path” as key supports.

    Ultimately, Siegel states, “I see a better than even chance that dips will be met with fresh buying”.

    See Also: How to Trade Futures

    Upcoming Economic Data

    Here’s what investors will be keeping an eye on Tuesday;

    • The bond market will be closed on the occasion of Veterans’ Day. Fed governor Michael Barr will speak at 10:25 a.m., and October’s NFIB optimism index will be released by 6:00 a.m. ET.

    Commodities, Gold, Crypto, And Global Equity Markets

    Crude oil futures were trading higher in the early New York session by 0.53% to hover around $60.45 per barrel.

    Gold Spot US Dollar rose 0.65% to hover around $4,142.84 per ounce. Its last record high stood at $4,381.6 per ounce. The U.S. Dollar Index spot was 0.03% higher at the 99.6220 level.

    Meanwhile, Bitcoin (CRYPTO: BTC) was trading 1.33 lower at $105,059.27 per coin.

    Asian markets closed mixed on Tuesday, as India’s NIFTY 50, South Korea’s Kospi, and Hong Kong’s Hang Seng indices rose, whereas Japan’s Nikkei 225, Australia’s ASX 200, and China’s CSI 300 indices declined. European markets were also higher in early trade.

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    Photo courtesy: godongphoto / Shutterstock.com

  • Stock Market Today: S&P 500, Nasdaq Futures Slip Amid Mixed Trade—McDonald’s, AMD, Qualcomm, Robinhood In Focus

    Stock Market Today: S&P 500, Nasdaq Futures Slip Amid Mixed Trade—McDonald’s, AMD, Qualcomm, Robinhood In Focus

    U.S. stock futures were fluctuating on Wednesday after Tuesday’s lower close. Futures of major benchmark indices were mixed.

    Investors interpreted the latest batch of corporate earnings as solid but not spectacular, offering a convenient excuse to take profits after strong year-to-date rallies.

    Palantir Technologies Inc. (NASDAQ:PLTR), one of the poster children of this year’s AI-fueled rally, slumped around 8% despite easily beating Wall Street estimates and raising its full-year guidance.

    President Donald Trump‘s legal authority to impose his most sweeping duties faces a key test at the Supreme Court today. Justices will hear arguments in a case whose decision could have significant reverberations for the global economy.

    The 10-year Treasury bond yielded 4.08% and the two-year bond was at 3.58%. The CME Group’s FedWatch tool‘s projections show markets pricing a 70.1% likelihood of the Federal Reserve cutting the current interest rates during its December meeting.

    Futures Change (+/-)
    Dow Jones 0.06%
    S&P 500 -0.10%
    Nasdaq 100 -0.22%
    Russell 2000 0.11%

    The SPDR S&P 500 ETF Trust (NYSE:SPY) and Invesco QQQ Trust ETF (NASDAQ:QQQ), which track the S&P 500 index and Nasdaq 100 index, respectively, fell in premarket on Wednesday. The SPY was down 0.16% at $674.13, while the QQQ declined 0.34% to $617.15, according to Benzinga Pro data.

    Stocks In Focus

    Advanced Micro Devices

    • Advanced Micro Devices Inc. (NASDAQ:AMD) fell 2.81% in premarket on Wednesday despite better-than-expected financial results for the third quarter. It said it expects fourth-quarter revenue of approximately $9.6 billion, plus or minus $300 million.
    • Benzinga’s Edge Stock Rankings indicate that AMD maintains a stronger price trend over the short, medium, and long terms, with a poor value ranking. Additional performance details are available here.
    Benzinga's Edge Stock Rankings for AMD.

    Qualcomm

    • Qualcomm Inc. (NASDAQ:QCOM) was 0.42% lower ahead of its earnings scheduled to be released after the closing bell. Analysts expect it to report earnings of $2.87 per share on revenue of $10.77 billion.
    • QCOM maintained a stronger price trend over the short, medium, and long terms, with a solid growth ranking. Additional performance details, as per Benzinga’s Edge Stock Rankings, are available here.
    Benzinga's Edge Stock Rankings for QCOM.

    Robinhood Markets

    • Robinhood Markets Inc. (NASDAQ:HOOD) was 0.66% higher as analysts expect it to report earnings of $0.53 per share on the revenue of $1.21 billion after the closing bell.
    • It maintained a stronger price trend over the long, short, and medium terms, with a poor value ranking. Additional performance details, as per Benzinga’s Edge Stock Rankings, are available here.
    Benzinga's Edge Stock Rankings for HOOD.

    Pinterest

    • Pinterest Inc. (NYSE:PINS) tumbled 18.90% as it posted downbeat earnings for the third quarter with revenue of $1.05 billion, in line with analysts’ estimates. The idea discovery platform company’s adjusted earnings of 38 cents per share missed analyst estimates of 42 cents per share.
    • PINS maintains a weaker price trend over the short, medium and long term, with a poor quality ranking. Additional information is available here.
    Benzinga's Edge Stock Rankings for PINS.

    McDonald’s

    • McDonald’s Corp. (NYSE:MCD) slipped 0.36% before it is expected to report earnings of $3.33 per share on revenue of $7.09 billion before the opening bell.
    • MCD maintained a weaker price trend over short, medium, and long terms, with a strong growth ranking. Additional performance details, as per Benzinga’s Edge Stock Rankings, are available here.
    Benzinga's Edge Stock Rankings for MCD.

    Cues From Last Session

    Sectors posting the biggest losses on Tuesday included communication services, consumer discretionary, and information technology, leading most S&P 500 sectors to close on a negative note.

    Index Performance (+/-) Value
    Nasdaq Composite -2.04% 23,348.64
    S&P 500 -1.17% 6,771.55
    Dow Jones -0.53% 47,085.24
    Russell 2000 -1.78% 2,427.34

    Insights From Analysts

    BlackRock maintains a positive, overweight outlook on U.S. stocks, identifying the artificial intelligence theme as a powerful market driver. The firm’s “Weekly commentary” highlights that recent “solid tech earnings” show “how the AI buildout remains a key equity driver.”

    This is evidenced by mega-cap tech firms like Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL), Microsoft Corp. (NASDAQ:META), and Meta Platforms Inc. (NASDAQ:META) significantly upping their capex spending on AI infrastructure, a trend BlackRock expects to continue.

    This optimistic equity stance is “supported by Federal Reserve rate cuts.” While the Fed signaled a pause, BlackRock’s view is, “we think it will likely cut again,” likely in December. The rationale is that a “softening labor market gives the Fed space to cut.”

    Economically, BlackRock anticipates “a notable slowing of activity without recession,” a scenario that it believes should support U.S. stocks. While acknowledging that “policy-driven volatility and supply-side constraints are pressuring growth,” the firm ultimately believes the powerful AI mega-force will continue to support corporate earnings.

    BlackRock’s tactical view concludes that U.S. valuations are backed by “stronger earnings and profitability relative to other developed markets.”

    See Also: How to Trade Futures

    Upcoming Economic Data

    Here’s what investors will be keeping an eye on Wednesday;

    • October’s ADP employment data will be out by 8:15 a.m., S&P final U.S. services PMI by 9:45 a.m., and October’s ISM services data by 10:00 a.m. ET.

    Commodities, Gold, Crypto, And Global Equity Markets

    Crude oil futures were trading higher in the early New York session by 0.18% to hover around $60.67 per barrel.

    Gold Spot US Dollar rose 1.31% to hover around $3,983.52 per ounce. Its last record high stood at $4,381.6 per ounce. The U.S. Dollar Index spot was 0.09% lower at the 100.1370 level.

    Meanwhile, Bitcoin (CRYPTO: BTC) was trading 1.92% lower at $101,947.22 per coin.

    Asian markets closed lower on Wednesday, except China’s CSI 300 index. South Korea’s Kospi, Japan’s Nikkei 225, Australia’s ASX 200, Hong Kong’s Hang Seng, and India’s NIFTY 50 indices fell. European markets were also lower in early trade.

    Read Next:

    Photo courtesy: Shutterstock