Tech Rally Led by Alphabet and Tesla Sparks Market Optimism
Alphabet and Tesla spearheaded a robust tech rally on Monday, November 24, 2025, as investor sentiment rebounded following recent AI-driven volatility. Alphabet shares surged over 6% to a record close, buoyed by the successful launch of its Gemini 3 AI model. Tesla also gained traction after CEO Elon Musk underscored the company's advancements in AI chip development.
The S&P 500 climbed 1.6%, while the Nasdaq soared 2.7%, reflecting renewed confidence in AI-related equities. Semiconductor stocks, including Broadcom, rallied alongside the tech giants. Market participants are increasingly pricing in a potential Federal Reserve rate cut at December's meeting, adding momentum to risk assets.