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Stock impact report

Market Outlook: Wall Street steadies as November volatility ebbs and AI sentiment improves [BNN Bloomberg (Canada)]

Analog Devices, Inc. (ADI) 
Last analog devices, inc. earnings: 2/19 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.analog.com/investor-relations
Company Research Source: BNN Bloomberg
Earlier drawdowns of about five per cent moderated as traders reassessed the latest signals from tech earnings and shifting expectations for the Federal Reserve. BNN Bloomberg spoke with Art Hogan, chief market strategist at B. Riley Wealth, about how AI leadership, sector breadth, GDP momentum and rising odds of a December rate cut are shaping investor sentiment heading into year-end. Key Takeaways November's early selloff eased as major U.S. indexes found support at key technical levels. AI sentiment improved as valuations in leading tech names normalized and Alphabet gained momentum with its Gemini 3 rollout. Nvidia demand remains strong, with next-year orders measured in the hundreds of billions despite China currently being excluded. Broader sector strength emerged, with utilities, industrials and communication services outpacing the S&P 500. Odds of a December U.S. rate cut increased sharply, while GDP estimates point to stronger growth in early 2026. Read the fu Show less Read more
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