Tech's Second Act: When AI and Digital Assets Stage Their Comeback

November 24, 2025 — After weeks of uncertainty, the technology sector and cryptocurrency markets delivered a decisive reversal on Monday. It wasn’t just about individual winners; it was a broad-based rally that reminded investors why they believed in these spaces in the first place.

The Tech Momentum Shifts

The so-called “Magnificent 7” stocks demonstrated real muscle during today’s session. Tesla surged approximately 7%, while Alphabet climbed 6% following announcements regarding advancements in its Gemini 3 AI infrastructure. The integration of proprietary AI systems with custom processors and enhanced cloud capabilities helped push Alphabet to unprecedented price levels.

Beyond the mega-cap names, the enthusiasm spread to fintech and digital asset plays. Robinhood Markets jumped 7%, and Strategy Inc. gained roughly 5%, suggesting that the broader market appetite for technology exposure was genuine and not just concentrated at the top.

Bitcoin’s Unexpected Lift

Perhaps most notably, Bitcoin broke through the pessimistic narrative that had dominated conversation. The leading cryptocurrency climbed approximately 1.7% to hover near the $88,800 level, signaling that talk of extended downside may have been premature.

The iShares Bitcoin Trust ETF reflected this sentiment, advancing 5.5% during the session. Whether attributed to holiday-season value hunting or a genuine shift in market psychology, the point remained: the cryptocurrency sector’s recent weakness had begun to unwind.

Earnings Reality Checks

While the broader market momentum captured headlines, company-specific earnings told a mixed story. Agilent Technologies reported quarterly results that met consensus expectations on earnings ($1.59 per share) while revenues of $1.86 billion marginally exceeded projections. However, forward guidance came in slightly soft, and the stock had already appreciated 14% year-to-date, leaving limited room for further expansion.

Zoom Communications delivered better outcomes. The company posted earnings of $1.52 per share against expectations of $1.43, with revenues of $1.23 billion surpassing the $1.21 billion consensus. The company also raised its current quarter outlook on the top line, pushing shares up 3.5% in late trading.

What’s Ahead This Week

The market faces a compressed schedule heading into the holiday. Thanksgiving will close markets entirely on Thursday, while Friday sees an early 1 p.m. ET close.

Before that compression takes effect, Tuesday brings significant economic data that could prove pivotal. Delayed Retail Sales and Producer Price Index figures for September will hit the tape, alongside Case-Shiller Home Price data and Pending Home Sales figures. The employment picture matters equally: ADP’s four-week private-sector employment change report arrives before the opening bell; the previous reading showed -2.5K job losses, with -11K the week prior.

Specialty retailers scheduled to report include Best Buy, Abercrombie & Fitch, Dick’s Sporting Goods, and e-commerce player Alibaba. These represent the kind of ground-level data points that often drive rotation decisions throughout the week.

Ultimately, softer labor market readings combined with Wednesday’s weekly jobless claims could prove decisive. Should deterioration continue, market participants may begin pricing in more aggressive Federal Reserve rate cuts—potentially 25 basis points or more—extending into 2026. Such expectations could further support both equities and digital assets seeking yield in a lower-for-longer environment.