When Target’s (TGT) earnings fell drastically short of expectations on Wednesday, executives pointed to the U.S. port strike as a key factor. However, the retailer’s troubles – which pushed its stock down 21% to a one-year low – go much deeper than shipping costs and an inventory glut.

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The Dow surged by over 570 points Thursday afternoon, buoyed by strong earnings from Nvidia (NVDA), which briefly hit a 52-week high of $152.89 per share earlier in the day. Meanwhile, shares of Super Micro Computer (SMCI) rose over 14% after Nvidia mentioned its partner during an earnings call on Wednesday.

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Google parent company Alphabet’s (GOOGL) shares fell over 5% during mid-day trading on Thursday amid pressure on Google to sell its Chrome web browser.

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Despite Nvidia’s (NVDA) modest guidance for its fiscal fourth quarter, analysts are anticipating larger earnings beats on strong demand for its new artificial intelligence platform.

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Spirit Airlines hopes to emerge from its just-filed bankruptcy by the spring of 2025, but it needs people to run the company until then. That’s part of why CEO Ted Christie got a $3.8 million bonus just under a week before the carrier filed for insolvency.

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There’s some good news for Thanksgiving hosts: The cost of a traditional Thanksgiving dinner is down for the second year in a row, according to the American Farm Bureau Federation’s (AFBF) annual survey.

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Spirit Airlines (SAVEQ) is enduring another inevitable embarrassment of its recent bankruptcy declaration: Its stock has been delisted by the New York Stock Exchange. Shares, which are practically at zero, will now trade in the “pink sheet” market outside of the major venues.

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Elon Musk and Vivek Ramaswamy have laid out their plans for the Department of Government Efficiency (DOGE). Despite being labeled an “outside of government” group by President-elect Donald Trump, the two say that DOGE will work closely with Congress and the executive branch.

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Nvidia’s (NVDA) shares made a slight recovery at the market open on Thursday, before reversing and continuing its fall during after-hours and pre-market trading.

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Bitcoin’s rally shows no signs of slowing, with the leading cryptocurrency surging past the $98,000 mark to hit a new all-time high. According to data from the crypto tracking platform CoinGecko, Bitcoin reached $98,310 on Thursday, setting a historic milestone.

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