Stock Market 2 December 2025

Plug Power shares rose 7.55% to $2.85 on Thursday, gaining 3.3% over the week but still trading 38% below their 52-week high. AT&T closed down 1.9% at $22.01, falling every session of the holiday-shortened week. Starbucks’ India joint venture plans to open 50 to 100 stores annually as part of its international growth strategy, with CEO Brian Niccol aiming to double the company’s non-U.S. presence. The Nasdaq climbed 1.9% Thursday, led by chip stocks and optimism over a possible interim U.S.-Iran deal, after a Fed-driven selloff earlier in the week. Air Canada gained 4.6% to C$24.20, just under its 52-week high, while Canadian exchanges remained open during the U.S. Juneteenth holiday. Kioxia surged 12.07% to ¥108,600, contributing to a strong week for Japan’s Nikkei index. AMC shares rose 6.4% to $2.83, up 21% for the week with increased trading volume. Pfizer fell 2.7% to $25.21 after announcing CFO Dave Denton will step down in August, with Cecile Guegan named interim CFO. Rocket Lab ended at $107.24, up 4.7% for the week, ahead of its Nasdaq-100 inclusion. Volkswagen preferred shares dropped 4.24% to €80.53 after going ex-dividend, with shareholders approving dividends and CEO Oliver Blume calling the coming years critical. ASML slipped 0.6% to €1,666.00 after stating it did not ship EUV machines or parts to China, responding to U.S. concerns. SoFi gained 2.81% to $17.91, up 8% for the week. Grab rose 3.48% to $3.57, outperforming the broader tech rebound. Marvell gained 7.27% to $310.58 after a target increase and a photonics milestone, with S&P 500 inclusion ahead. Infosys dropped 7%, the worst among Indian IT stocks, as Accenture cut its revenue outlook and analysts cited weak client spending. Flex rose 3.13% to $147.61 and will join the S&P 500. Nokia fell 9.1% for the week amid renewed focus on AI optical networks and patent licensing. T&T opened its first California store in San Jose and plans a larger Newark location. American Airlines rose 3.7% to $15.99, up 6.7% for the week as lower oil prices eased cost concerns. Take-Two jumped 4.93% to $239.28, up almost 13% for the week, after Rockstar announced Grand Theft Auto VI preorders.