Morning Brief

Morning Brief

Welcome to Yahoo Finance's flagship show, the Morning Brief. It's your ultimate guide to making smarter decisions for your portfolio. Our hosts track early session volume while bringing you today's top market themes and elevating Yahoo Finance’s most popular newsletter.

Episodes

November 25, 2025 20 mins
US stock futures are little changed as fresh economic data shows a pullback in consumer spending and moderating wholesale inflation — a combination that strengthens the case for a December Fed rate cut. September retail sales rose just 0.2%, down sharply from August’s 0.6% jump, while core wholesale inflation (PPI excluding food and energy) cooled to 0.1%, its softest reading since spring . Markets remain volatile as investors deba...
Mark as Played
US stock futures are higher as markets try to stabilize after last week’s 2% drop in the S&P 500 (^GSPC) and Nasdaq (^IXIC). Bitcoin (BTC-USD) is back above $85,000 but remains well off its weekend highs, underscoring a risk-off mood heading into a busy stretch of retail earnings and economic data . Investors are watching tomorrow’s PPI and retail sales reports for fresh insight into inflation and consumer strength heading into the...
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US stock futures are higher after one of the wildest sessions of the year, with the S&P 500 logging its most significant intraday reversal since the peak of tariff turmoil in 2018 — surging 1.4% early before plunging 1.6% by the close. New York Fed president John Williams helped stabilize sentiment this morning, signaling he “still sees room” for a December rate cut, a notable shift given the stronger-than-expected September jobs r...
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US stocks push higher as Nvidia’s (NVDA) blowout earnings reset sentiment across global markets and help offset a surprisingly strong September jobs report. Nvidia topped expectations on revenue and profit, guided to $65 billion for the current quarter, and CEO Jensen Huang dismissed AI bubble concerns, saying demand “is through the roof” with a $500 billion order pipeline for 2026 . The results sparked a broad tech rally, with Nas...
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US stocks look to snap a four-day losing streak after the S&P 500 (^GSPC) logged its longest slide since August and is now on track for its worst November since 2008. All the major averages — including the Dow (^DJI), Nasdaq 100 (^NDX), Russell 2000 (^RUT), and Philadelphia Semiconductor Index (^SOX) — have slipped below their 50-day moving averages, while the VIX (^VIX) climbs as volatility returns. The big pivot comes after the c...
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US stocks extend their slide for a fourth straight session as both the S&P 500 (^GSPC) and Nasdaq (^IXIC) close below their 50-day moving averages — a technical breakdown that triggered algorithmic selling across major indices. The weakness mirrors global markets, with Tokyo and Seoul each down 3%. Bitcoin (BTC-USD) briefly fell below $90,000 for the first time in seven months, officially wiping out its year-to-date gains and dragg...
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US markets start the week lower after a rough stretch for tech stocks and crypto. Bitcoin (BTC-USD) has erased all its 2025 gains, wiping out more than $600 billion in market value since October as investors brace for Wednesday’s pivotal Nvidia (NVDA) earnings. Analysts expect $54.8 billion in quarterly sales — a 56% year-over-year jump — but warn the setup is “more risk than reward” given sky-high valuations. Nvidia CEO Jensen Hua...
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US stocks fell for a second straight day as the post-shutdown market reset collided with doubts about rate cuts and another rout in tech. Nasdaq futures slid more than 1.5% as AI leaders such as Nvidia (NVDA), Microsoft (MSFT), and Alphabet (GOOG) extended losses amid profit-taking and growing concerns about stretched valuations. Bitcoin (BTC-USD) officially entered a bear market, down more than 20% from its October peak. Walmart ...
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US stock futures rise as the House prepares to vote on ending the 43-day government shutdown, with reopening possible by midnight if the bill passes and the President signs. The data pipeline will take weeks to normalize. Still, Fed watchers will parse remarks from New York Fed’s John Williams, Atlanta’s Raphael Bostic, Governors Steven Myron and Susan Collins for clues on December cuts. AMD (AMD) extends gains after CEO Lisa Su pr...
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US stocks opened mixed as investors weighed the Senate’s passage of a bill to end the government shutdown and a pair of jolting AI headlines. The measure now heads to the House, where a vote is expected within 24 hours before President Trump signs it into law. Lawmakers are racing back to Washington amid widespread flight delays — a fitting symbol of the shutdown’s ripple effects. The bill would reopen the government by week’s end ...
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US stock futures climb as Washington inches closer to ending the government shutdown. The Senate advanced a bipartisan bill 60–40 that would reopen the government through January 30, fully fund key programs like SNAP, and add new limits on President Trump’s power to fire federal workers. The House still needs to act, but hopes for a deal are fueling a risk-on rally, with Nasdaq (^IXIC) futures leading after last week’s AI-led sello...
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US markets edge lower to close the week as investors digest Elon Musk’s latest triumph — Tesla (TSLA) shareholders approving his $1 trillion pay package with over 75% support. The vote also included conditional approval for Tesla to invest in Musk’s AI startup, xAI, although the board remains undecided amid concerns about overlap. Musk promised to scale up Optimus robot production at Fremont and Austin and teased a 2026 target for ...
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US stock futures are little changed as investors weigh lofty valuations, strong earnings, and fresh signs of labor market stress. Qualcomm (QCOM) is the latest big-tech name to get punished despite a solid quarter and upbeat forecast after unveiling a new data center chip. The FAA is reducing US flight traffic by 10% as the government shutdown enters its 37th day, moving to relieve unpaid air traffic controllers amid growing delays...
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US stocks are bouncing off session lows after a sharp tech and chip sell-off wiped about $500 billion in market value from the Philadelphia Semiconductor Index. AMD (AMD) is under pressure even after beating on revenue, profit, and guidance across data center, client, and gaming, as Wall Street questions lofty AI valuations following blockbuster deals with OpenAI and Oracle. Super Micro Computer (SMCI) sinks after missing earnings ...
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US stock futures are under pressure as Palantir (PLTR) slides despite beating on earnings and raising its full-year outlook, with investors balking at its lofty valuation after a 170% year-to-date run. The AI favorite is also under fresh scrutiny after “Big Short” hedge fund manager Michael Burry disclosed prominent put positions against both Palantir and Nvidia (NVDA), stoking fears of an AI bubble and a broader tech pullback. Ube...
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US stocks kick off November on a positive note after October marked a sixth straight month of gains, with futures higher ahead of a big week for earnings from AMD (AMD), Palantir (PLTR), and Qualcomm (QCOM). Berkshire Hathaway (BRK-B) reported strong insurance results and a record $381.7 billion cash pile, but no share buybacks — a sign Warren Buffett may still see the stock as expensive as he prepares to step down as CEO at year-e...
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US stocks edge lower after a busy night of earnings and policy headlines. President Trump and China’s Xi Jinping agreed to a one-year trade truce at their meeting in South Korea, cutting fentanyl-related tariffs in half while China resumes rare-earth exports and soybean purchases worth 12 million metric tons — about 10% of the U.S. annual crop. The deal pauses further escalation but keeps the average U.S. tariff rate near 47%. Mark...
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US stocks rose as Nvidia (⁠NVDA⁠) became the first company to hit a $5 trillion market cap, driven by record AI chip demand and bullish guidance from CEO Jensen Huang following the company’s GTC event. Analysts at Bernstein say Nvidia’s next-generation Blackwell and Rubin chips could generate over $500B in data center revenue over the next six quarters. The milestone comes ahead of a massive week for Big Tech earnings, with Alphabe...
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US stocks edge higher as the Federal Reserve kicks off its two-day policy meeting and Big Tech earnings loom. Amazon (AMZN) announced it will cut 14,000 jobs across logistics, cloud, payments, and gaming — its most extensive layoffs since 2022 — as CEO Andy Jassy pushes to make the company “leaner and faster” through AI-driven automation. UPS (UPS) also said it will cut 34,000 positions as part of a massive restructuring, closing n...
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US stocks open higher as hopes rise for a U.S.–China trade truce. Treasury Secretary Scott Bessant told NBC’s Meet the Press that the two countries have reached a “very successful framework” for a deal ahead of President Trump’s Thursday meeting with President Xi Jinping. Futures rallied on the comments, with all three major indexes set to open at record highs. Meanwhile, the Federal Reserve is expected to cut rates by 25 basis poi...
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