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UiPath Stock Plummets on AI Competition Fears, Despite Revenue Beat
Stocks slipped on Friday, as worries mounted that the Federal Reserve will hike rates later this month.
Chip stocks were a bright spot with the PHLX Semiconductor Index rising 3.4%, but it wasn’t enough to offset broader market weakness.
The S&P 500 dropped 0.4% and the Nasdaq fell 0.3%. The Dow Jones Industrial Average lost 0.5%, or 272 points.
This is an edition of the Markets P.M. newsletter, a recap of the day’s most important markets moves, delivered after the closing bell. If you’re not subscribed, sign up here.
What Happened in Markets Today
The U.S. job market is hot. A new labor-market report showed the U.S. added 162,000 jobs in August, about triple the amount economists expected. The unemployment rate remained at a healthy 4.1%, suggesting the job market is strong even if workers’ pay isn’t keeping up with inflation.
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Bill Pulte Instructs Fannie and Freddie to Approve VantageScore in Blow to FICO Scores
Billions in Iranian funds are passing through U.S. banks despite sanctions – WSJ
AMC Entertainment CEO Adam Aron exploded on Robinhood for offering tokenized versions of his company’s stock without approval. Shares of AMC stock surged Friday. Robinhood stock slid after scoring a Thursday breakout. AMC (AMC) CEO Adam Aron in an online post criticized Robinhood (HOOD) after discovering the trading platform had begun offering tokenized versions of AMC stock. Stock tokens are…
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Chief Executive David Steinberg cracked some XL-sized eggs before hatching Zeta Global (ZETA) and building it up into a soaring and swooping AI marketing stock. Just this year, Zeta shares have climbed more than 50%. His prior company, InPhonic, drew condemnation from a Better Business Bureau chief executive, prized growth over profits, faced regulatory charges and landed in bankruptcy court.…
Copyright ©2026 Investor’s Business Daily, LLC. All rights reserved. 87990cbe856818d5eddac44c7b1cdeb8
In the latest monthly report on new buys by the best mutual funds, top money managers scooped up a whopping $13.97 billion worth of Apple stock. Now, with the tech heavyweight’s latest earnings report under its belt, shares of Apple (AAPL) stand poised to break out to an all-time high. The latest action in the iPhone and Mac maker marks…
Copyright ©2026 Investor’s Business Daily, LLC. All rights reserved. 87990cbe856818d5eddac44c7b1cdeb8
President Trump came into office pledging to lower energy prices for Americans. Instead, he is presiding over a historic run-up in fuel prices.
Diesel prices hit an average $5.85 a gallon on Friday, according to OPIS, a Dow Jones company. It is a new record that surpasses the previous one from 2022, when Russia’s invasion of Ukraine sent energy markets into a tailspin.
Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Dynatrace (DT) stock is trading just below a buy zone as Big Money scoops up shares of the computer software maker that’s part of a growing market for so-called “observability” tools in the artificial intelligence boom. Investors should closely watch this Big Cap 20 stock to clear a buy point on strong volume. The stock shows a Composite Rating of…
Copyright ©2026 Investor’s Business Daily, LLC. All rights reserved. 87990cbe856818d5eddac44c7b1cdeb8
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