Wall Street Ends Higher as Chipmakers Crypto and Retail Lift Market Sentiment

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•  28 Nov 2025
 

•   AMZN  
   
  +0.38%
•   COIN  
   
  -0.32%
•   COST  
   
  +0.34%
•   GME  
   
  +0.45%
•   GOOGL  
   
  +0.25%

Wall Street closed the day in the green after a quiet open caused by the CME futures outage. Despite light volumes, the S&P 500 and Nasdaq 100 moved higher as traders focused on rate expectations, sector strength and the setup heading into year end.

$INTC Intel surged after reports suggested Apple may tap Intel to manufacture its basic M-series chips starting in 2027. For traders this is more than a contract headline. It signals a possible turning point for Intel’s ambitions in advanced manufacturing and raises the idea that the company could regain long-lost credibility in high-end chipmaking.

$MU Micron continued to climb as demand for memory chips strengthens and pricing improves. Analysts point to tightening supply and rising expectations for 2026, and traders are treating each positive signal as confirmation that the memory cycle is shifting in Micron favor.

$GOOGL Alphabet inched higher as excitement grows around Google Gemini 3 and speculation builds about a potential chip partnership with Meta. Investors are watching whether Google can expand beyond advertising and challenge NVIDIA in AI hardware.

$NVDA Nvidia slipped but remains supported by heavy AI accelerator demand. Competition is increasing, yet traders still view Nvidia as the central force in the AI hardware market.

$COIN Coinbase advanced as Bitcoin pushed beyond 90,000 and continued rising through the Thanksgiving period. The stock remains deeply tied to crypto sentiment, and today the sentiment was firmly positive.

$MSTR MicroStrategy rose as its valuation moved with Bitcoin continued strength. Investors still treat the company as a leveraged proxy for crypto exposure, and the market rewarded that positioning.

$AMZN Amazon gained on expectations for a strong Black Friday and holiday shopping season. Traders are positioning for heavy online demand and Amazon remains a dominant beneficiary of seasonal spending.

$WMT Walmart moved higher as confidence grows in broad consumer spending and stable foot traffic. Investors see Walmart as a reliable retail anchor heading into peak season.

$COST Costco added a steady rise as markets priced in strong membership-driven sales volume and high demand through the shopping weekend.

$USDC Circle jumped after S&P downgraded Tether, prompting traders to reassess risk profiles in the stablecoin world. Circle was viewed as the stronger player in the shift and the stock reacted sharply.

$GME GameStop climbed again as momentum builds ahead of its upcoming earnings. Some investors see speculative trading while others watch for signs of a deeper sentiment shift.

Despite the CME outage early in the day, the market gradually returned to normal trading rhythm as focus shifted to interest rate expectations. Uncertainty remains after months of inconsistent data, but hopes for a December rate cut helped steady sentiment and support equities across sectors.

The day began with hesitation ended with renewed conviction, and traders now look ahead to catalysts that could define the final weeks of the year.

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