We’ve been hearing a lot about all the circular AI deals, but Google is bringing the AI circle to its ads now, too: it’s made its first AI-generated ad… to sell its AI search tools. In the video, a turkey named Tom uses Google’s AI Mode to “hatch a plan” for a “getaway” before it’s eaten for Thanksgiving. We actually don’t hate the fun, pun-filled ad, and the masses agree — Google will have a Christmas version coming next.
The S&P 500, Nasdaq 100, and Russell 2000 all moved higher as investors didn’t seem to be spooked by the Fed’s hawkish commentary and instead focused on blowout earnings from Amazon. The S&P 500 closed up 0.3% and the Nasdaq 100 rose 0.5%, as did the Russell 2000.
The S&P 500 is on a six-month winning streak, its longest since 2021, and the Nasdaq 100 notched its seventh consecutive monthly gain, a hot streak not seen since 2017, primarily thanks to the fact the Magnificent 7 Index has also had seven straight months of gains.
