Today: 20 March 2026
Browse Category

NASDAQ:IXIC 24 November 2025

US Stock Market Today, November 24, 2025: Nasdaq Leads Tech Rebound as Fed Rate-Cut Hopes Grow

US Stock Market Today, November 24, 2025: Nasdaq Leads Tech Rebound as Fed Rate-Cut Hopes Grow

The S&P 500 rose about 1% and the Nasdaq nearly 2% late Monday morning, November 24, 2025, as traders increased bets on a Federal Reserve rate cut in December. The Dow gained around 0.3%. Markets extended Friday’s rebound, led by large technology stocks. Fed expectations shifted after comments from New York Fed President John Williams, despite ongoing data delays from the recent government shutdown.

Stock Market Today

  • Planet Labs Shares Surge 25% on Record Q4 Revenue and Strong AI-Driven Guidance
    March 20, 2026, 6:18 PM EDT. Planet Labs (PL) shares surged 25.56% to close at $33.85 after reporting record fiscal Q4 revenue and issuing upbeat multi-year sales guidance. The satellite imagery provider highlighted a 41% revenue rise and breakeven adjusted earnings per share, surpassing Wall Street estimates. Management forecasted 39% sales growth by 2027, supported by a 79% increase in backlog during fiscal 2026. Strategic partnerships with Nvidia and Alphabet's Google are expected to drive growth, leveraging AI-powered data processing with a "100x speedup" using in-orbit GPUs. Trading volume spiked 318% above average to 52.6 million shares. Meanwhile, the broader market declined with the S&P 500 down 1.50% and Nasdaq Composite falling 1.98%, reflecting pressure on growth stocks.
Go toTop