The document discusses stacks, which are data structures that follow the LIFO (last in, first out) principle. It describes basic stack operations like push, pop, and peeking at the top element. Stacks can be implemented using arrays, vectors, or linked lists. In assembly language, the stack segment register SS and stack pointer SP are used to manage the call stack, temporarily storing return addresses and register values. PUSH adds an item to the top of the stack, while POP removes the top item.