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NASDAQ:FDS 22 November 2025

SPY Stock Forecast 2025: Outlook, Price Targets and Key Risks Into Year‑End

SPY Stock Forecast 2025: Outlook, Price Targets and Key Risks Into Year‑End

SPDR S&P 500 ETF Trust (SPY) traded near $659 on November 22, 2025, just below its all-time high after gaining low- to mid-teens percent year-to-date. Investors have withdrawn record sums despite strong performance, shifting to cheaper funds. The top 10 holdings, led by Nvidia, Apple, and Microsoft, now make up nearly 40% of the index. SPY’s forward P/E is about 23.9×, above its historical average.

Stock Market Today

  • Cocoa Prices Rally on Fund Short Covering and Supply Concerns
    May 19, 2026, 2:25 PM EDT. Cocoa prices rose sharply with July ICE NY cocoa up 2.95% and July ICE London cocoa up 2.68%, driven by fund short covering after a recent 6% price drop. Prices earlier hit 3.75-month highs due to El Niño weather concerns threatening West African production, the world's top cocoa source. The Ivory Coast increased its 2025/26 cocoa output forecast to 2.2 million metric tons, pressuring prices. However, cocoa stock levels at ICE rose to a 1.75-year peak, while global supply forecasts were revised downward due to potential crop risks. Rising costs from the Strait of Hormuz closure, affecting fertilizer and shipping expenses, also supported prices. Demand remains steady with strong earnings at Hershey and Mondelez. Market watchers weigh ample supplies against weather risks and global trade disruptions in cocoa's near-term outlook.

Latest articles

Amazon Stock Drops, But the Bigger $200 Billion AI Question Isn’t Going Away

Amazon Stock Drops, But the Bigger $200 Billion AI Question Isn’t Going Away

19 May 2026
Amazon shares fell 2.3% to $258.73 Tuesday, underperforming the S&P 500 and Nasdaq as investors trimmed tech holdings ahead of Nvidia’s earnings. AWS revenue jumped 28% to $37.6 billion last quarter, but Amazon’s free cash flow dropped to $1.2 billion over the past year from $25.9 billion, reflecting heavy AI spending.
Astera Labs Moves Higher as Wall Street Eyes Next AI Bottleneck

Astera Labs Moves Higher as Wall Street Eyes Next AI Bottleneck

19 May 2026
Astera Labs shares surged 15.2% to $248.36 Tuesday after Evercore ISI raised its price target and management highlighted rising AI data-center demand. CEO Jitendra Mohan said revenue grew from $65 million at its 2024 IPO to $308 million last quarter. The company’s market value neared $45 billion, with shares trading at about 168 times earnings. One customer accounted for over 70% of projected 2025 revenue.
Recursion Stock Slumps to 52-Week Low as Traders Eye FDA News

Recursion Stock Slumps to 52-Week Low as Traders Eye FDA News

19 May 2026
Recursion Pharmaceuticals shares fell 2.2% to $2.825 Tuesday, hitting a 52-week low of $2.77, after reporting first-quarter revenue of $6.47 million, down from $14.75 million a year earlier. Net loss narrowed to $117.5 million. Early clinical data for REC-1245 showed no dose-limiting toxicities in 16 solid-tumor patients. The company ended March with $665.2 million in cash.
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