Final Tally: Nasdaq Tiptoes the AI Minefield for +0.3%… General Mills Gets Cereal-Killed (-7%)

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“I’m going through a bit of a rough patch, 4 out of the last 5 weeks actually” -Mr. Market

I hope you enjoyed your holiday yesterday… even though apparently most schools weren’t closed and most employees still had to go to the office. Nothing like a “day off” that still requires an alarm clock amirite? The silver lining with holidays, though? At least you can’t lose any money in the market. (That is, unless you’re a crypto trader… or you spend all your free time on Kalshi.)

Anyways, it’s Brittney, b****, and the market is once again back… although it did not get off to a very hot start. The reason? Not really all that surprising. Investors are still side-eyeing AI stocks like a mother whose son brought a stripper home for Thanksgiving. “Yes, her name is Mandy, Mom. She’s a lot of fun.”

After the early scare, things steadied. The Nasdaq flipped positive (+0.4%), while the S&P 500 (+0.3%) and Dow (+0.3%) both kind of crawled along. But hey, a win is a win. Especially when you consider the Dow and S&P have fallen in 4 of the last 5 weeks, ever since Wall Street decided maybe paying premium prices for Oracle and its AI-adjacent cousins requires a second thought.

Speaking of Larry Ellison, shares of his son’s pet project (read: Paramount Skydance) rose 5% after news broke that Warner Bros. has given them one more week to come back with an offer they can’t refuse. For everyone’s sanity, let’s hope they do so we can wrap this storyline and roll credits.

If you think your day stunk, try being General Mills. Shares got dumped (-7%) into their worst session in six years after management walked back its 2026 forecast. Apparently “processed” isn’t trending the way it used to. RFK Jr. out here doing cereal damage.

Oh… and as earnings season limps toward the finish line, all eyes are on Walmart Thursday. It’ll be the first report since Sam Walton’s everything store (now moonlighting as Target’s fashion cousin) joined the trillion-dollar club.

If you read all of this, congrats for having a 10 second attention span (better than me). As always, here’s our heatmap for today.

Market Gossip

>Pentagon Used Anthropic’s Claude in Maduro Venezuela Raid (Wall Street Journal): “Claude, create a battleplan to invade Venezuela, capture Maduro, and be home in a couple hours without any casualties. Don’t make any mistakes.”

>Mercedes-Benz Recalls Nearly 12,000 Electric Vehicles, Says Battery Packs Could Ignite (ZeroHedge): It’s been a rough 2026 for EVs.

>KPMG partner fined over using AI to pass AI test (Financial Times): Spider-Man pointing at Spider-Man meme intensifies.

>Nate Diaz Seeks UFC Return, Sets Sights on White House Card (Yahoo Sports): A washed White House matchup between Nate and Conor would feed families.

At the time of publishing this article, Stocks.News doesn’t hold positions in companies mentioned in the article.