Markets closed after a turbulent week, marked by some political reduction and shakeups within the tech, retail, and client sectors.
- The S&P 500 closed 0.08% up this week, barely retaining its features brought on by vital market disruptions on Thursday and Friday.
- The tech-heavy Nasdaq Composite, which slipped as a lot as 500 factors on Thursday, closed 0.5% decrease this week, as a result of disappointments within the tech sector and skepticism surrounding AI overvaluation.
- The DJIA, regardless of market volatility all through the week, which even noticed a 700-point decline on in the future, managed a modest 0.3% acquire this week.
- Nonetheless, the small-cap index, the Russell 2000, suffered probably the most, declining 1.8% this week.
What have been the foremost authorities information tales this week?
The federal government lastly reopened on November 12, after an prolonged interval of 43 days, to the nice reduction of presidency workers who had feared going into the vacation season with out paychecks.
Stories counsel that again pay ought to begin rolling within the coming week.
Nonetheless, the ripple results of the shutdown are anticipated to last more, with flight schedules more likely to stay disrupted for just a few extra weeks as air site visitors controllers return to work and airports regulate their staffing.
There will probably be some reduction from tariffs as President Donald Trump has issued a rollback on beef, espresso, tea, tropical fruits, fruit juices, cocoa, oranges, and tomatoes, concentrating on growing complaints over rising grocery payments.
BBC, the British public broadcaster, is underneath scrutiny over its BBC Panorama edit, the place it edited components of clips from President Trump’s Jan 6 speech. Whereas the broadcaster has apologized to Trump over the unfair edit, President Trump is set to sue the broadcaster for $1 billion.
The BBC (British Broadcasting Company) is a publicly funded British broadcasting firm; subsequently, a authorized struggle for defamation would end in vital public expenditure, putting it in a extremely unfavorable place.
The inventory market had a unstable week.
Shutterstock-Yu Chao
Shares swing over bidding wars and acquisitions
There have been some main information occasions within the media and tech sectors this week.
The sooner dispute between Alphabet’s (GOOGL) YouTube TV and Disney (DIS) has lastly been resolved, placing YouTube subscribers out of their distress after they suffered a content material blackout for over two weeks.
YouTube subscribers acquired an apology e mail from the corporate, clarifying that the media moguls have reached a deal and that subscribers can once more entry Disney channels, together with ABC and ESPN, together with any earlier recordings of their library.
Whereas Disney inventory declined 1.6% on the shut on Friday, it was buying and selling larger after hours. Alphabet’s inventory was up greater than 4% after hours.
In a separate bidding warfare for Warner Bros Discovery (WBD), Netflix, Comcast, and Paramount Skydance are making ready bids, in line with a WSJ report.
The shares of Warner Bros. Discovery and Paramount Skydance rose by 4% and a pair of%, respectively, following the information on Friday. As compared, Netflix and Comcast’s shares declined by 3.6% and 1.6% respectively.
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Some notable acquisition experiences have been additionally unveiled this week, together with pharmaceutical firm Merck (MRK) agreeing to amass Cidara Therapeutics, a drugmaker recognized for pioneering an antiviral drug towards the flu. The takeover is valued at $9.2 billion, in line with a report by The Monetary Occasions.
Cidara emerged as a prime gainer on Friday, recording a 52-week excessive on November 14 after a monumental 105% surge in its inventory worth.
Topgolf (MODG), a leisure golf supplier working in a managed surroundings, is trying to go non-public, in line with a WSJ report, and is in talks with non-public fairness agency Leonard Inexperienced. The information despatched its top off 6% recording a brand new excessive.
The shares that remained in information for both their earnings and associated inventory motion or analyst upgrades have been Cisco, DoorDash, and StubHub.
Nvidia, Baidu, Klarna, Residence Depot, Paolo Alto, Walmart, and BJ’s Wholesale to announce earnings within the coming week.
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Cisco experiences features with AI infrastructure
The inventory of expertise firm Cisco Methods (CSCO) recorded a 9.7% acquire this week, following a powerful Q1 2026 earnings report on November 12, which famous a dramatic acceleration in infrastructure demand.
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The corporate reported 13% year-over-year development in product orders, with $1.3 billion in AI-related orders. With robust prime and bottom-line development, Cisco reported an 8% year-over-year acquire in income, reaching $14.9 billion, together with GAAP EPS (earnings per share) of $0.72, up 6% yoy.
Cisco, which recorded a 17% inventory acquire this quarter, famous the very best income development within the Americas, with 9% year-over-year development.
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With such robust efficiency, all main Wall Avenue companies elevated their worth goal on the corporate.
- UBS elevated its worth goal to $90 from $88, sustaining a Purchase score, citing the excessive AI demand as a driver.
- Everscore ISI raised its worth goal to $80 from $74, sustaining an In-Line score following its robust quarter, with income and EPS forward of expectations.
- Morgan Stanley elevated the worth goal to $82 from $77, holding an Chubby score, noting that the actual shock got here from its AI orders.
Cisco even elevated its future steering and now expects $3 billion in AI income for FY26.
DoorDash expands past meals supply
After a powerful Q3 efficiency and noting elevated expenditure on AI sooner or later, DoorDash (DASH) is already delivering on a few of its guarantees.
Whereas the inventory of the on-demand supply platform took an enormous hit as a result of its future expenditures, an analyst improve and new robotics enlargement have helped it partially plug the hole.
The inventory of DoorDash, which rose 6% on Friday, recorded a 1.3% acquire this week, bringing its year-to-date acquire to 23%.
On November 13, DoorDash introduced a partnership with Previous Navy, a division of GAP, to supply on-demand supply for consumers nationwide.
The announcement, which is available in time for the vacations, indicators a strategic enlargement of DoorDash into the moment retail class.
DoorDash additionally introduced an enlargement of its present partnership with Coco Robotics into Miami, including to its present deployments in Los Angeles and Chicago.
Coco Robotics, an autonomous supply firm, has already accomplished 500,000 zero-emission deliveries and is on monitor to deploy greater than 10,000 robots in 2026.
Wall Avenue is extra optimistic concerning the long-term effectivity features anticipated from robotics and operational automation.
Wedbush upgraded DoorDash to Outperform from Impartial, with a $260 worth goal, citing that the corporate has maintained a number one aggressive place within the US meals and supply market.
StubHub falters on steering
StubHub (STUB), a worldwide on-line ticket market that connects sellers and consumers, recorded one among its worst inventory performances on Friday.
Its inventory plummeted 20%, a 52-week low for this new publicly traded firm. The decline occurred following administration’s choice to carry again on This fall steering and forecasts in its Q3 2025 outcomes, which have been reported on November 13.
Whereas StubHub reported stable earnings, with $2.4 billion in Gross Merchandise Gross sales (GMV) up 11% year-over-year and income of $468 million, up 8% year-over-year, its misstep in providing forecasts value its inventory worth.
The quarter additionally included a $1.29 billion web loss, primarily as a result of a one-time $1.4 billion stock-based compensation expense related to its September 2025 IPO.
It was additionally capable of repay $750 million of debt from the IPO proceeds.
Nonetheless, main analysts reduce their worth targets however maintained both Purchase or Outperform scores on the share, reflecting confidence in StubHub’s long-term success.
TD Cowen lowered its worth goal to $25 from $28, sustaining a Purchase score, citing an absence of This fall steering as the explanation.
Wedbush was stunned at StubHub’s choice to not provide any steering and lowered its worth to $22 from $25, whereas holding an Outperform score.
Everscore ISI analyst Mark Mahaney famous that the dearth of This fall steering was “unexpected and contributed to a significant market reaction,” discovering it “disappointing” and lowered the agency’s worth goal to $27 from $29, however maintained an Outperform score, as reported by TheFly.
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