Stock Market News: Campbell’s in hot soup, Robinhood's bets pays off, and Dell gains

The holiday season is here, and the enthusiasm of the long weekend was reflected in the market gains, which advanced for a third consecutive day on Wednesday, November 26, 2025.

• The S&P 500 rose 0.7% today, buoyed by a significant surge in Robinhood's stock.
• The tech-heavy Nasdaq Composite rose 0.8% as tech stocks appeared to recover some of their losses.
• The Dow Jones Industrial Average closed 0.7% up, with the small-cap Russell 2000 recording a 0.8% gain.

The CBOE Volatility Index VIX is well below 20, down 27% this last week. It closed at 17 today, showing a significant change in investor anxiety.

It is but the start of the holidays; however, mere hours ago, two National Guardsmen were shot near the White House. President Doland Trump, while condemning the attack on his Truth Social, announced that the shooter was also critically wounded and is reportedly in custody.

Robinhood’s latest stake in the predictions market

It's the beginning of the holiday season, and everyone wants to make the most of their investments, but none more so than those seeking immediate cash. I am referring to the growing market of betting, with a relatively new entrant, Robinhood.

While the world of prediction markets is not new to Robinhood, which partnered with Kalshi earlier this year, it has now acquired a 90% stake in partnership with Susquehanna in MIAX (Miami International Holdings), a financial exchanges platform.

Following the news, the company’s stock rose 11% adding to its 245% year-to-date stock rally.

The predictions market, which saw an increased interest during the 2024 Presidential elections, now represents about 3-8% of the US sports betting market, according to a Bank of America report, with Kalshi as the dominant player.

BofA also notes that the market just for sports could exceed $1 trillion. Amidst such numbers and the legality of online betting, not forgetting the associated regulatory risks, Robinhood is now also an active competitor with MIAX, “exploring future partnership opportunities to deliver products that meet the needs of Robinhood’s customers,” said JB Mackenzie, VP and GM of Futures and International at Robinhood.

The transaction is expected to close in early 2026, subject to regulatory approval.

Related: Dell's shocking earnings sends blunt Micron message

More stock news

Alphabet lost its winning streak on Wednesday, down 1.1% while Nvidia ended the day on a positive note, up 1.4%, some respite ahead of the holidays.

As tech stocks rebound, DELL Technologies took the lead, with its stock up 5% following its Q3 2025 earnings report. 

Reporting an 11% year-over-year increase in revenue at $27 billion, Dell also raised its AI shipment guidance to roughly $25 billion, up over 150% year-over-year.

Clarke added that Dell’s “five-quarter pipeline is multiples of our $18.4 billion backlog with a mix of neocloud, sovereign and enterprise customers.” Noting that their win in AI is a result of the company’s efficiency in delivering global support and rapid deployment of large complex clusters.

The active interest in the media conglomerate Warner Bros. Discovery from names like Netflix has pushed WBD to raise its expectations. The company has requested that bidders submit revised offers by December 1. Its stock was up 4% trading on Wednesday, marking a 100% growth this quarter.

Campbell's mess cleared

Amidst concerns about consumer spending over Thanksgiving, people now have more to worry about. The food they consume might be 3D-printed meat.

The Campbell’s Company is in hot water over a leaked audio from a lawsuit, alleging that the chicken in its Campbell’s soup is not real and is 3D printed. The audio recording, released by a former Campbell employee, Robert Garza, featured a Campbell VP from the IT department, Martin Bally, using racial slurs and stating that the meat in the soup was 3D printed.

However, the company issued a clarifying statement earlier today.

The statement also noted that the company no longer employed Bally as they do not tolerate “that kind of language under any circumstances.”

Campbell’s stock was down 0.6% on Wednesday, adding to its 27% year-to-date decline.

While the market remains closed on Thursday due to the Thanksgiving holiday, it will be interesting to see how the stocks fare on Friday.

Related: Analyst says buy the dip in this big cap tech stock (it's not Nvidia)