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WSJ Minute Briefing

Tech Shares Rally as AI Bubble Fears Recede

WSJ Minute Briefing

The Wall Street Journal

News, Business News

4.1671 Ratings

🗓️ 24 November 2025

⏱️ 2 minutes

🧾️ Download transcript

Summary

A positive talk between President Trump and Chinese President Xi also boosted markets. Plus: Novo Nordisk stock slides after trials for its weight-loss drugs don’t show promise on Alzheimer's disease. Katherine Sullivan hosts. Sign up for the WSJ's free What's News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Hey Harry.

0:00.7

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0:01.5

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0:02.8

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0:23.4

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0:29.0

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0:33.1

Here's your closing bell brief for Monday, November 24th.

0:36.9

I'm Catherine Sullivan for the Wall Street Journal.

0:39.7

U.S. stocks saw big rally today. The NASDAQ jumped 2.7 percent, buoyed by significant moves

0:46.2

in chip and major technology shares. The S&P 500 added 1.5 percent, and the Dow was up 0.4%. Market fears of an AI bubble seemed to recede,

0:57.7

while revived hopes for a Federal Reserve interest rate cut next month,

1:01.1

also boosted sentiment.

1:02.9

The market also added to gains after President Trump posted positive comments

1:06.9

about a call with China's President Xi Jinping.

1:10.5

Among individual companies, Google

1:12.8

Parent Alphabet was among the biggest gainers, rallying more than 6%, along with the stock

1:17.9

of EV maker Tesla, which saw its shares jump almost 7% after CEO Elon Musk noted the company

1:25.0

has started to work on its next generation of AI chips.

1:29.3

Shares of U.S. foods gained nearly 8% after it called off merger talks with performance food

1:34.9

aimed at creating a food distribution giant.

...

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