Markets News, Nov. 5, 2025
Stock Indexes Rebound from Tech Rout
Major U.S. stock indexes closed higher on Wednesday, marking the 36th day of the government shutdown. Investors appeared to set aside worries about an AI bubble, while the U.S. Supreme Court showed doubts about President Donald Trump's tariffs.
- The tech-heavy Nasdaq rose 0.7%
- The blue-chip Dow Jones Industrial Average increased by 0.5%
- The benchmark S&P 500 gained 0.4%
These gains came after the indexes fell the previous day, with the Nasdaq dropping 2%.
Palantir Shares Drop Despite Strong Results
Palantir Technologies (PLTR) shares declined further by 1.5% even though the AI software company reported record quarterly earnings and raised its full-year revenue forecast. Palantir's stock had already surged over 150% this year entering Wednesday.
Advanced Micro Devices Shows Resilience
Shares of Advanced Micro Devices (AMD) initially fell sharply in premarket trading despite a record quarterly report that exceeded analysts' expectations, driven by strong AI-related demand for its data center chips. Nonetheless, AMD shares recovered during the session and closed up 2.5%.
Post-Earnings Stock Movements
- Pinterest (PINS) stock fell nearly 22%
- Axon Enterprises (AXON) dropped 9%
- Arista Networks (ANET) declined about 8.5%
- Super Micro Computer (SMCI) sank 11%
- Humana (HUM) fell 6%
- U.S.-listed shares of Novo Nordisk (NVO) rose just under 1%
"Investors shook off concerns about an AI bubble and the Supreme Court voiced skepticism about President Donald Trump's tariffs."
Summary: Despite ongoing government shutdown challenges and tariff concerns, major indexes edged higher as companies like AMD posted strong results, while some tech shares faced declines after earnings.