The stock market ended mixed on Thursday, with S&P 500 closing at an all-time record high following another interest rate cut by the Federal Reserve. However, weak earnings from Oracle (ORCL) stirred worries about tech valuations and pulled NASDAQ lower.
Overall, S&P 500 rose 0.2% to 6,901, while NASDAQ fell 0.3% to 23,594.
Chart of the Day
Here is the one-year chart of Booking Holdings (BKNG) as of November 10, 2025, when the stock was at $4,996.
Booking Holdings reported a strong quarter, with 19% profit growth on 13% revenue growth, but the bigger story was how fast it is adding new AI features. It expanded AI features across its brands.
Booking.com was updated with natural-language search that gives easier, more helpful travel ideas. Agoda launched an AI chatbot that answers hotel questions quickly. Kayak added an AI mode that gives smarter results when people type what they want in plain language.
Booking Holdings also released new AI tools for hotels — like automatic message replies — to help them talk to guests faster and with less work.
Management stated these AI upgrades are already making trips easier to plan and helping hotels get more bookings. With its massive travel data and growing AI tools, the company is in a great position as AI becomes a bigger part of how people plan trips.
BKNG is part of our Conservative Growth Portfolio. David Sharek, Founder of School of Hard Stocks, thinks the stock can go from ~$5000 to ~$7000 in 2026.
