Amid the ups and downs of the past year including the "tariff crash" in April, the U.S. stock market has still posted a double-digit total return since last Thanksgiving.

Retailers launched holiday promotions earlier this year, but discounting remains more restrained, with the lowest markdown levels since pre-pandemic times.

SenesTech, which reduces rodent birth rates without poison, had 43% revenue growth and huge catalysts. It has $10.2 million in cash, worth 68% of the SNES stock price - enough to cover its burn until cash flow positive.

Overall, the 2025 Thanksgiving Cost Index describes a holiday environment that feels more stable than the tumultuous early 2020s but still more expensive than Americans were accustomed to before the pandemic.