How did the stock market close today? Top Stock movers: GE Vernova, Block, DoorDash, and Plug Power | Official Website of Louis Velazquez, entrepreneur, finance guy and tech innovator

While intraday trading was a mix for the major indices, the stock market closed on a positive note.

The S&P 500 was up 0.4% at the close, buoyed by Block and energy stock GE Vernova.
The tech-heavy Nasdaq Composite fared well on the much-anticipated Nvidia earnings, up 0.6%.
The Dow Jones Industrial Average was able to recover from its losses slightly and closed 0.1% higher.
The Russell 2000 maintained its gains from Tuesday and closed 0.2% higher.

The CBOE Volatility Index VIX after rising above 24 intraday, declined 3.8% at the close, signaling minimal shift in the market anxiety.

Oil declined 1.9% today, after its gain on Tuesday, and dipped below the $60 per barrel mark. Gold, on the other hand, inched slightly, up 0.3%.

In other news, Amazon has announced a new AI feature, Video Recaps, currently in beta and available for select Prime Originals, to enhance the viewing experience for its consumers. It may make the long ads more bearable if there is something new to look forward to.

This feature allows you to review a recap of your show, a season that occurred a year ago, for which you have no recollection of the character’s death or the cliffhanger.

NVIDIA’s stock is up 38% year-to-date.

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NVIDIA, its Q3 2026 and new AI deals

A company has not faced as much scrutiny and pressure as Nvidia at the moment, with all eyes on its earnings report, which will be released at the market close. Its stock traded 2.8% higher on Wednesday, in anticipation of an earnings report that exceeded expectations, and continued to fare well after hours.

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And it exceeded expectations, reporting $57.0 billion in revenue, up 22% from the previous quarter and 62% from the same period in the prior year.

Since it surpassed the $4 trillion mark, Nvidia has captured headlines and influenced AI stocks, as it has investments and deals with several prominent names in the tech industry. Be it the $5 billion investment in Intel, to strengthening Nokia, once a communication giant with $1 billion investment, and a more recent circular deal with Microsoft and Anthropic.

Meanwhile, the era of AI infrastructure investments with and around Nvidia continues.

Brookfield, an alternative asset management company, announced a $100 billion global AI Infrastructure program in partnership with NVIDIA and the Kuwait Investment Authority (KIA).

It simultaneously launched its Brookfield Artificial Intelligence Infrastructure (BAIIF) on Wednesday, November 19, which will anchor these programs.

Here are the top stock movers from the day

Let me take you to some other stocks that scored big wins on Wednesday, ahead of the September jobs report due on Thursday, and lost ground between news of missing October reports due to the extended shutdown or the highly influential meeting between Saudi Crown Prince Mohammed bin Salman and President Donald Trump.

Block, an American financial services provider, rose 7.6% on Wednesday after it announced an optimistic three-year financial outlook during its investor day. This is a significant win for the company, following extended losses over the year, which have resulted in a 27% year-to-date decline.

In its financial growth outlook, Block projected a 30% annual increase in adjusted operating income by 2028, reaching over $4.6 billion.

GE Vernova, the spinoff energy business of General Electric, announced its first onshore wind repower upgrade outside the United States on Wednesday, November 19. The company’s stock rose 7.3% intraday, bringing its year-to-date gain to 80%, continuing its upward trend after hours.

The deal, its financial terms undisclosed, was signed with Taiwan Power Company (TPC) to supply 25 repower upgrade kits in Taiwan, marking the first time Vernova will prove its capabilities outside the U.S.

On the retail side, DoorDash received an upgrade from Jefferies analyst John Colantuoni from Hold to Buy with a price target increase from $220 to $260. The firm cited a faster growth in the US restaurant delivery sector and believes the company’s “strong execution and growth algorithm now appear underappreciated,” as noted at TheFly.

However, DoorDash’s stock did not get the memo, which was down 4.6% today but was trading up after hours.

In addition to a deal with GAP, DoorDash has also partnered with Family Dollar to deliver everyday essentials from approximately 7,000 Family Dollar locations nationwide for DashPass holders. Consumers can also use an HSA or an FSA to purchase eligible items.

After Plug Power announced that it plans to raise $375 million through a private offering of convertible senior notes due 2033, depending on market conditions, the company’s stock plunged 11% on Wednesday.

The intention behind the offering is to raise capital and use the $243 million in proceeds to repay its high-interest, 15% secured debt fully.