2025-11-26
49 分钟You're listening to The Exchange.
Here's today's show.
All right, thanks very much, Scott.
Welcome to The Exchange.
I'm Dominic Chu in for Kelly Evans on this Tuesday afternoon.
Stocks are near session highs right now,
with the small cap Russell 2000 index leading the gains up roughly 2% as a December rate cut is looking more likely.
We're seeing some really big moves in retail.
Coles and Abercrombie shares up north of 30%, 30.560.
following earnings reports we're going to go dig into the retail trade and one name not on this board our analysts is more bullish on than ever for this holiday season.
We're also watching NVIDIA that stock is under pressure today on a report that met a platform plans to buy chips from Google not NVIDIA.
And that is why Google parent company Alphabet is at a fresh record high today.
Those shares are up fourteen percent so far this month easily making it the top performing magnificent seven stock.
That's putting Alphabet on pace to cross the vaunted $4 trillion market cap mark
as it goes from AI laggard to AI leader.
Now that big AI shift is where we start today.
And we've got some team coverage.
Dear Drabosa, looking at how Google is building out its AI ecosystem.
Christina Parson-Evelis is digging into how that's impacting the supply chain.
And Julia Borsden has the Mag7 stock that can't seem to find its AI footing.