Stock Movers Nvidia Falls and Google Rises on Meta Spend, Kohl's Higher, Abercrombie & Fitch Soars
Nov 25, 2025
Denisa Sokova, a Bloomberg News cross-asset reporter, shares her insights on recent market shifts. She discusses Nvidia's share decline amid Meta's pursuit of Google's AI chips, suggesting a new competitive landscape. Denisa highlights Google’s boost from the deal, transforming market dynamics. Meanwhile, Kohl's sees a surge in stock prices following positive earnings and CEO changes. Abercrombie & Fitch experiences a 35% jump, driven by strong sales growth at Hollister, showcasing resilience in retail.
AI Snips
Chapters
Transcript
Episode notes
TPUs Emerge As Real Competitors
- Meta is reportedly in talks to buy billions of Google TPUs, signaling TPU acceptance beyond Google.
- Denisa Sokova notes this could establish TPU as a viable alternative to Nvidia GPUs for training AI models.
Market Leadership Perception Shifting
- Google is approaching a $4 trillion market value and is up about 70% this year.
- Nvidia is up roughly 30% this year, showing market leadership perceptions are shifting, per Denisa Sokova.
Hollister Drives Abercrombie's Rally
- Abercrombie & Fitch shares jumped 35% after it raised the low end of full-year sales guidance.
- Denisa Sokova highlights Hollister's 16% sales surge driven by strong back-to-school demand.