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NYSE:EB 2 December 2025

Nasdaq Today (December 2, 2025): Tech Stocks Rebound, Crypto Stabilizes, and AI Bubble Fears Shape 2026 Outlook

Nasdaq Today (December 2, 2025): Tech Stocks Rebound, Crypto Stabilizes, and AI Bubble Fears Shape 2026 Outlook

The Nasdaq Composite rose 0.9% to close near 23,482 on Tuesday, December 2, 2025, recovering from Monday’s drop as tech and AI stocks led gains. Nvidia climbed about 3%, Dell Technologies jumped 5%. Bitcoin rebounded after Monday’s plunge, lifting crypto-linked shares. The index ended less than 2% below its late-October record.

Stock Market Today

  • Snowflake Stock: Contrarian Buy Opportunity Amid Market Mispricing
    May 23, 2026, 3:41 AM EDT. Investor JR Research spotlights Snowflake as a compelling buy amid what he views as market mispricing. JR Research, recognized by TipRanks and Seeking Alpha for strong calls in Technology and Growth sectors, combines rigorous price action analysis with solid fundamentals. He focuses on undervalued stocks with strong rebound potential rather than overhyped names. This approach aligns with his broader strategy in the Ultimate Growth Investing group, which seeks alpha by targeting robust growth stocks and beaten-down turnaround plays. Despite market skepticism, Snowflake's fundamentals and momentum suggest a favorable risk/reward profile in the current environment. This contrarian stance challenges prevailing market sentiment, highlighting potential gains ahead as conditions normalize.

Latest articles

Dow Hits Record Close; All Eyes Turn to Holiday-Week Trading

Dow Hits Record Close; All Eyes Turn to Holiday-Week Trading

23 May 2026
The Dow closed at a record 50,579.70 on Friday, while the S&P 500 notched its eighth straight weekly gain. After-hours trading saw SPY, QQQ, DIA, and IWM all move lower. U.S. markets will be closed Monday for Memorial Day. Investors await Thursday’s inflation data.
IREN Stock Pauses as Nvidia Rally Cools Before Holiday

IREN Stock Pauses as Nvidia Rally Cools Before Holiday

23 May 2026
IREN shares fell 2.1% to $56.83 Friday, ending a two-day rally but closing the week up 7.4%. The stock’s moves follow a $3.4 billion AI cloud deal with Nvidia and a $3 billion convertible note offering. March-quarter revenue dropped to $144.8 million, with a net loss of $247.8 million. U.S. markets close Monday for Memorial Day; trading resumes Tuesday.
AXT stock reaches record; investors weigh risk to rally

AXT stock reaches record; investors weigh risk to rally

23 May 2026
AXT shares jumped 16.37% to $140.83 on Friday, hitting a 52-week high and trading above all recent analyst targets. The surge followed strong demand for AI-linked optical networking hardware and a sharp rise in indium phosphide orders. First-quarter revenue climbed to $26.9 million, with gross margin turning positive. Management forecast Q2 profitability and a backlog over $100 million.
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