Nov 17-21 2025 Market Recap: Nvidia Earnings, Rate Cut Hopes & Bubble Debates

A Reddit post recapped the Nov 17-21, 2025 trading week, focusing on:

1. Nvidia’s strong earnings
   failing to sustain market gains
2. Fed rate cut hopes
   lifting indexes on the final day
3. S&P 500’s weekly decline
   (user cited 1.95% drop, our data shows ~3% weekly loss)
4. Bubble concerns
   amid mixed market signals
5. Buffett’s $5B Alphabet stake
   and
   Trump’s tariff moves

Sources: Reddit post (user input), Nvidia earnings [0], market indexes [1][2], sector performance [3], geopolitical news [4][7], rate cut data [5], Buffett’s stake [6].

• Tech Volatility
  : Nvidia posted record Q3 results (revenue $57B, up62% YoY; net income $31.9B, up65% YoY [0]) but its stock dropped 7.81% on Nov20 [0]. This suggests profit-taking after high expectations or concerns about future growth.
• Rate Cut Rally
  : On Nov21, NY Fed President Williams’ speech pushed December rate cut odds to75.1% (CME FedWatch [5]), lifting S&P500 (+0.72%) and Nasdaq (+0.5%) [1][2].
• Weekly Losses
  : S&P500 fell ~3% (Nov17-21 [1]), Nasdaq dropped ~4% (Nov20 alone: -4.25% [2])—the biggest weekly decline since Oct5 (per user input).

• Bubble Debates
  : Bulls cite strong corporate earnings (NVDA, Alphabet [6]) and rate cut support; bears point to valuation concerns (WSJ article [3] hints at overvaluation) and geopolitical risks (Venezuela [4]).
• Sector Rotation
  : Healthcare (+1.44%) and Industrials (+1.24%) outperformed on Nov21 [3], while Real Estate (-1.49%) lagged—indicating a shift to defensive sectors.

1. Nvidia (NVDA)
   :
   • Q3 Revenue: $57B (beat estimates by4.14% [4])
   • Data Center Revenue: $51.2B (up66% YoY [0])
   • Stock Performance: Nov17 ($186.60) → Nov21 ($178.88) (down ~4% weekly [0])

2. Market Indexes
   :
   • S&P500: Nov17 ($6672.42) → Nov21 ($6602.98) (down ~1.04% [1]—note: user’s 1.95% may refer to a different period)
   • Nasdaq: Nov17 ($22708.07) → Nov21 ($22273.08) (down ~1.91% [2])

3. Buffett’s Stake
   : Berkshire Hathaway bought ~$5B in Alphabet (Google) Q3 [6], signaling confidence in big tech.

• Valuation Data
  : Lack of S&P500/Nasdaq forward P/E ratios to assess bubble risks.
• Tariff Impact
  : Trump’s tariff moves (tool7) have unclear market implications—need more sector-specific data.
• Venezuela Risk
  : US plans for new operations against Maduro [4] could disrupt oil supplies, but no immediate effect seen in Nov21 energy sector performance (+0.42% [3]).

• Bull Case
  : Strong corporate earnings (NVDA, Alphabet) and rate cut support.
• Bear Case
  : Profit-taking in tech, valuation concerns, geopolitical risks (Venezuela, tariffs).

1. Geopolitical Risk
   : Venezuela tensions (US covert ops [4]) could disrupt oil supplies—monitor energy prices and defense stocks.
2. Rate Cut Uncertainty
   : Fed officials’ mixed signals (Williams vs others [5])—track CME FedWatch odds.
3. Tech Valuation
   : Nvidia’s stock drop despite strong earnings raises questions about tech sector overvaluation—monitor forward P/E ratios.
4. Tariff Policy
   : Trump’s tariff dividend plan (tool7) may boost consumer spending, but trade tensions could hurt manufacturing—watch retail and industrial data.

: Users should be aware that Venezuela conflict risks and tech sector volatility may significantly impact market performance in the coming weeks.

[0] NVDA Stock Data & Earnings Press Release (2025-11-17 to2025-11-21)
[1] S&P500 Stock Data (2025-11-17 to2025-11-21)
[2] Nasdaq Stock Data (2025-11-17 to2025-11-21)
[3] Sector Performance (2025-11-21)
[4] Venezuela Conflict News (2025-11-22)
[5] Forbes Article: “Odds Of An Interest Rate Cut Have Doubled” (2025-11-21)
[6] Buffett’s Alphabet Stake (2025-11-20)
[7] Trump’s Tariff News (2025-11-23)
[8] Reddit Post: “Week Recap: Nvidia released results…” (2025-11-24)
[9] WSJ Valuation Article (2025-11-19)