This Week in Review and Upcoming Outlook: Macro & Markets, November 16, 2025

Market Performance: Last week, stocks showed mixed results with the Nasdaq 100 rising slightly, while the S&P 500 and Dow Jones fell. Energy stocks led gains, and concerns about inflation and AI costs influenced investor sentiment.

AI Investment Concerns: Major tech companies are investing heavily in AI infrastructure, with spending reaching nearly $100 billion last quarter. However, analysts warn of potential limits due to shortages in essential components and the need for significant revenue generation to justify these investments.

Earnings Season Highlights: The Q3 earnings season is underway, with key reports expected from companies like Nvidia, Baidu, and Home Depot, which will provide insights into consumer demand and AI monetization.

Ex-Dividend Dates: Several companies, including UPS, Chevron, and Microsoft, will trade ex-dividend this week, offering opportunities for income-focused investors as they continue to provide consistent shareholder returns.