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News of the day for Sept. 1, 2026
Stocks fell Monday to close out August, but still managed to post gains for the month.Stock futures are pointing to a lower open to kick off September as the Iran war and inflation fears weigh on markets; President Trump said yesterday the U.S. would hit Iran back over its latest retaliatory strikes, driving oil prices higher again; the 10-year Treasury yield is at a new highest point since January 2025; and PC and server maker Dell reports earnings after the bell today, as does cybersecurity company Palo Alto Networks. Here’s what you need to know today.
Stock Futures Fall After Posting August GainsStock futures are lower this morning as oil prices and Treasury yields rise. Futures tied to the Dow Jones Industrial Average and the S&P 500 were recently down 0.5%, while tech-heavy Nasdaq futures dropped 1.1%. The major indexes fell in yesterday’s session but still managed to post gains for August, extending the Dow’s winning streak to five months. WTI crude oil futures were up 2.4% at around $88 per barrel, rising for the second straight day following the restart of fighting in the Middle East. The yield on the 10-year Treasury also continued rising, hitting 4.79% this morning, as the Iran developments are stoking fears about renewed inflation (more on that below). Gold futures were down more than 1% at $4,430 an ounce, while bitcoin was trading at $78,000, down from an overnight high around $79,200.
Trump Says U.S. Will Hit Iran ‘Hard’The first U.S. strikes against Iran in weeks took place over the weekend, with the U.S. military saying that it hit rocket launchers near the coast that were preparing to launch mines into the Strait of Hormuz. Iran retaliated by firing at U.S. forces and allies in neighboring countries, with several drones and missiles reportedly downed early Monday morning. Yesterday, President Trump said the U.S. would retaliate for those strikes, telling Fox News that the U.S. is “going to hit them hard,” also posting an AI-generated video to his social media late Sunday of the U.S. attacking Kharg Island, a key Iranian oil production site. Sanctions against Iran and its allies have hampered the country’s economy, as the Trump administration has looked to rely on tactics other than military force to convince Iran’s regime to return to negotiations.
Treasury Yields Rise Amid Inflation FearsAs the renewed fighting in Iran pushes oil prices higher again, investors are growing increasingly concerned that rising oil prices could drive a new round of inflation across the economy. The 10-year Treasury yield is trading at 4.79% this morning, a new highest intraday level since January 2025. If the bond surpasses the 4.8% mark, it could set a new highest point since late 2023. The 30-year yield is also climbing, trading this morning at 5.27%, still below last month’s high of 5.31% that marked the bond’s highest point since 2007. The prospect of continued inflationary pressure, as well as comments from Federal Reserve Chair Kevin Warsh last week, have made investors increasingly convinced that the Fed will raise its key interest rate next month.
Dell Technologies Earnings Due This AfternoonDell Technologies (DELL) reports second-quarter earnings after the closing bell, giving investors an update on one element of the AI trade. The PC and server maker is expected to report revenue of $45.19 billion, up more than 50% year-over-year, with adjusted earnings of $4.91 per share more than doubling. Dell has been a beneficiary of the increasing demand for servers used to run AI models in recent months. While analysts are expecting a solid quarterly report from Dell, they have cautioned that investors likely have high expectations given the stock’s recent rally. Dell shares, which have gained 260% since the start of the year, were down slightly in premarket trading.
Palo Alto Networks Also Set to Release Results TodayResults from cybersecurity provider Palo Alto Networks (PANW) are set to be delivered as growing threats from the development of AI models have driven companies to spend more on protecting their data. Analysts are looking for Palo Alto Networks to report adjusted earnings of 98 cents per share on a 30% jump in revenue to $3.35 billion, according to estimates compiled by Visible Alpha. The stock rallied last week following a solid report from cybersecurity rival CrowdStrike (CRWD) that showed AI increasing demand for cybersecurity software. Palo Alto shares, which were down about 1% before the opening bell, have doubled in price this year,
Snowflake is set to report its latest quarterly results after the closing bell on Wednesday, with the cloud database software provider’s stock seen potentially rising to a fresh five-year high following the results.
Based on current options pricing, Snowflake (SNOW) shares are expected to swing up to 10.5% in either direction by the end of the week. A move of that size from Monday’s close could lift the stock to $361, which would be its highest point since late 2021, or drag it below $297, giving back some of its recent gains.
Snowflake shares have added about half of their value since the start of the year as investors have bought into the company’s AI vision. Back in May, shares rallied more than 35% in a single session following stronger-than-expected results, a raised outlook, and $6 billion deal with Amazon (AMZN).
A strong showing Wednesday could add to the recent enthusiasm for Snowflake’s stock.
Analysts have grown more bullish on Snowflake heading into the report, with Oppenheimer, Bank of America, Deutsche Bank, and UBS all recently lifting their price targets. Bank of America analysts pointed to the stock’s recent rally, and said they have “higher conviction that demand for Snowflake is strong and it will continue monetizing its AI products.”
Snowflake is expected to report second-quarter revenue of $1.48 billion and adjusted earnings of 45 cents per share, each up about 30% year-over-year, according to estimates compiled by Visible Alpha.
Wall Street analysts are widely bullish on Snowflake, with 13 of the 15 analysts tracked by Visible Alpha recommending buying the stock, while two hold neutral ratings. Their mean price target of $361 would suggest a 9% rise from Monday’s close.
The Public Launch of Tesla’s Cybercab is Scheduled for Thursday
Tesla’s cybercab launch could represent a much-needed win for the company.Tesla shares just wrapped up a banner month as anticipation builds ahead of what could be a big event for the company.
The stock rose 5.5% on Monday, extending a rally that saw the shares gain 18% in August. Despite the recent surge, the stock is down more than 25% from the 52-week high hit last December.
Tesla (TSLA) is set to hold an event in Austin, Texas on Thursday, during which it’s expected to publicly launch its cybercab, the golden two-seater with butterfly doors that was designed without a steering wheel or pedals in a show of commitment to a fully autonomous future.
The company hasn’t offered many details so far about what to expect from Thursday’s invitation-only event, giving way to speculation about whether it could just be a limited launch, or a broader public rollout—and whether it will be true to its steering wheel-less design when it does. The cybercab has been spotted on the road in some cities during testing in recent months, though often with steering wheels and supervising drivers.
If Thursday’s event can convince investors of meaningful progress in Tesla’s autonomous vision, it could offer a much-needed win for the company, which still faces a number of regulatory hurdles to its unsupervised robotaxi service, as well as competition. Back in July, Tesla told investors it had logged about 380,000 unsupervised miles across six cities in Texas in Florida. Rival Waymo, which is backed by Google parent Alphabet (GOOGL), claims it has already surpassed 200 million.
Executives have been upbeat about Tesla’s ability to catch up. “We’re going as fast as humanly possible in scaling Robotaxi while trying to ensure that we do not harm anyone,” CEO Elon Musk said during the company’s earnings call in July, according to a transcript provided by AlphaSense. Earlier this year, Musk said he expects the cybercab, which was unveiled back in 2024, could also become available for purchase by consumers sometime next year, at a price tag under $30,000.
Analysts at JPMorgan said in a note earlier this month that they came away from a recent factory tour “with greater conviction in the robotaxi fleet ramp” through the end of this year and into early 2027, with high hopes for the cybercab. Tesla has limited additions of the Model Y—its most popular model—to its robotaxi fleet, “reflecting management’s conviction in the near-term scalability of Cybercab,” JPMorgan wrote.
Growing optimism about progress in the company’s transformation focusing on physical applications of AI, which encompasses its autonomous driving efforts, have helped fuel recent gains for the stock. Though many tech stocks have climbed in the same period, few have gotten as big a boost as Tesla. It saw the biggest bounce of the Magnificent 7, as some of the market’s hardest-hit tech stocks have rallied in the wake of a strong earnings season.
However, Tesla’s stock remains among the S&P 500’s weakest performers this year and still has a ways to go before returning to positive territory. It’s lost 18% since the start of 2026.
Episode 310 of The Investopedia Express podcast with Caleb Silver (Aug. 31, 2026)
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Rising oil prices, inflation everywhere, and creeping Treasury yields are not enough to stop this bull from charging higher around the world. Global stock indices are at all-time highs as investors hold on to hopes that rising earnings will keep on rising.
Jay Woods of Freedom Capital Markets tells us what could go wrong, or keep going right in the last few months of the year. Plus, the Pentagon is becoming an oil investor, trading the khakis for the pinstripes in Venezuela. Why that won’t help prices at the pump, but will reshape foreign policy forever.
Credit: Nikada/ Getty ImagesTim Cook’s run as Apple’s CEO ends today as one of among the most profitable in corporate history, and he leaves with the company’s stock near the record high it set this summer.
Cook, 65, hands the mantle over to hardware chief John Ternus on Tuesday and will become executive chair, a process Apple (AAPL) set in motion in April.
Shareholders have been richly rewarded. Investors who put $1,000 into Apple stock when he started would now have about $23,600, about 3.6 times what the S&P 500 returned over the same period.
When Steve Jobs named Tim Cook as his successor in August 2011, the immediate reaction among investors wasn’t positive. The executive known for his work on supply chains was replacing the visionary, a tough act to follow.
When Cook officially became CEO Aug. 24, 2011, Apple was trading at a split-adjusted $13.44 and had a market value of $347 billion. Shares closed Monday at $316.85 with a more than $4.6 trillion market cap, a 2,258% gain against the S&P 500’s 553% return over the same stretch.
The stock has been stronger at the end of Cook’s term than it appeared in the spring. Apple shares gained about 11% in 2025, trailing the S&P 500 amid worries the company had fallen behind in AI, and the stock had slipped to No. 3 by market value when the succession was set in April. But in 2026, shares are up 15.3% (vs. 12.1% for the S&P 500 index), hit a record close of $339.79 on July 28 and reclaimed the No. 2 spot from Alphabet (GOOGL)—behind only Nvidia (NVDA).
Among the major tech companies that comprise the Magnificent 7, only Microsoft (MSFT), up about 2,000%, and Meta (META), up about 1,400%, have posted smaller gains than Apple.
Apple makes up more than 6% of the S&P 500 index, meaning most American investors own it whether they realize it or not, through 401(k)s and index funds.
One of the world’s most famous investors, Warren Buffett, has been a particular fan of Cook’s leadership. After first acquiring a stake in the iPhone maker in 2016, Berkshire Hathaway, the conglomerate Buffett headed as CEO for six decades, eventually built a position in Apple stock valued at more than $170 billion by 2023. Though Berkshire has gradually sold its Apple stake in recent years, the company remains its single largest holding.
Jobs gave Apple the iPhone, iPod and iPad. Cook added the Apple Watch, AirPods, Apple Pay, the Vision Pro and a services business generating more than $100 billion a year. The supply-chain expertise Wall Street seemed to dismiss turned out to be what Apple needed to navigate the pandemic, inflation and President Trump’s tariffs.
Revenue quadrupled from $108 billion in 2011 to $416 billion in 2025. iPhone sales alone jumped from $47 billion to $210 billion. The bigger story may be what Cook built around Jobs’ signature product: a services business—the App Store, iCloud, Apple Music, Apple TV+, Apple Pay and advertising—that generated $109 billion in fiscal 2025.
But Cook didn’t move away from hardware. The iPhone made up 43% of Apple’s sales when Cook took over; today, it accounts for just over half.
New CEO John Ternus inherits a cash machine, even as investors wonder whether Apple can deliver exciting new products and address the concerns that Apple is trailing Big Tech peers on the AI front.
Broadcom is slated to post its latest quarterly results after the closing bell today, with traders expecting a big move from the chipmaker’s stock.
Based on current options pricing, Broadcom (AVGO) shares are seen swinging up to 7.5% by the end of the week. A move of that size from the stock’s recent level around $369 could lift it to $396, or drag it below $342, which would put it back in negative territory for the year.
Broadcom shares have dropped more than 25% off their June highs in the wake of the company’s last quarterly report. Disappointment about the company’s decision not to lift its long-term sales forecasts and worries about competition have pressured Broadcom shares, along with AI bubble fears that have weighed on the broader chip sector.
A solid report from Broadcom could help boost sentiment around the chipmaker’s stock. Its recent slump has erased much of the gains driven by new deals with Apple, Google, and Anthropic announced earlier this year.
UBS analysts recently wrote that they see “modest” upside to Broadcom’s third-quarter sales, but that they are “doubtful that this report will sway the overarching debate on the stock” around Broadcom’s competitive position with key customers including Google. The analysts trimmed their price target to $470 from $485.
Broadcom is expected to report fiscal third-quarter revenue of $29.49 billion, an 85% jump year-over-year. Adjusted earnings per share are seen coming in at $3.24, nearly doubling from $1.69 the same time a year ago, per Visible Alpha estimates.
Wall Street analysts have remained bullish on Broadcom amid the stock’s recent pullback, with all nine analysts tracked by Visible Alpha holding “buy” or equivalent ratings. Their average price target just under $510 would suggest a close to 40% rise from the stock’s recent level.
This article has been updated since it was first published to reflect more recent prices.
The bitcoin bulls are circling.
Strategy (MSTR) shifted into buying mode last week, snapping up 4,603 bitcoins for about $370 million, according to a company filing. That purchase is its largest since May and follows weeks of leaving its stockpile of the cryptocurrency untouched. Bitcoin’s recent breakout—the price of the cryptocurrency has been trading around $80,000 for the past couple weeks—appears to have inspired bullish energy, though Strategy is paying for the pleasure.
The digital asset treasury spent an average of $80,318 per coin to buy its latest tranche of bitcoin after selling for an average price that ranged from $59,000 to $64,000 between June 30 and Aug. 10, according to the company. Since Strategy announced its intent to sell bitcoin in late June, it had unloaded 6,916 coins for roughly $430 million.
Still, Strategy could be laughing all the way to the bank if recently revamped forecasts for bitcoin pan out. Last week, Bernstein analysts including Gautam Chhugani said they expect bitcoin to hit its next peak—$300,000, more than double its all-time high set last October— by 2029. They also see the market recovering to drive bitcoin to a new all-time high of $150,000 by the middle of next year.
“In the last 10 days, bitcoin is up 28%, potentially signaling an end to this bear cycle,” the Bernstein analysts said.
They also updated their outlook on Strategy, affirming their “outperform” rating, effectively a bullish posture, but lowering their price target to $350 from the prior $450. Though Bernstein sees Strategy “going kinetic” on bitcoin purchases as crypto market strength returns, the analysts see the stock recovering to just 30% above the net asset value of its bitcoin compared with its historical average of 50%.
In other words, this crypto spring may give Strategy shares a boost, but not quite enough to put them back to trading at a huge premium to the firm’s coins.
One of the country’s most valuable companies is getting a new CEO this week.
Today marks Apple (AAPL) CEO Tim Cook’s last day leading the tech giant, ending a 15-year run. John Ternus, a longtime hardware executive with the iPhone maker, is set to take over the top job starting tomorrow. Cook will shift to executive chair of Apple’s board, and remain involved with the company’s talks with world governments.
Cook took over after Steve Jobs resigned as Apple CEO on Aug. 24, 2011. During Cook’s tenure, Apple stock has gained nearly 2,300%, as the popularity of iPhones grew. Apple has launched several new products under Cook, including Apple Watches, AirPods, and the virtual reality Vision Pro headset, plus new services like Apple TV.
Ternus could face his first test with Apple’s annual product event on Sept. 9. The company is expected to announce an update to its iPhone lineup at the event, which could include the first foldable iPhone. Analysts have said Apple could also raise prices for this year’s range of iPhone models to combat rising memory costs, after it hiked prices for a number of its other devices back in June.
Apple shares were down 1.5% in recent trading. They’ve gained about 16% since the start of the year, though they’ve pulled back from a record high set in late July in the wake of a disappointing forecast.
News of the day for Aug. 31, 2026
The Dow Jones Industrial Average is on track to post gains for the fifth consecutive month.Stock futures are pointing to a lower open for the last day of August; oil prices are rising after the U.S. and Iran exchanged strikes last night; the major indexes are set to post gains for the month of August despite volatility driven by the AI trade; Dell and Broadcom headline the earnings calendar this week, while the jobs report is due Friday; and today is Tim Cook’s last day as CEO of Apple. Here’s what you need to know today.
Stock Futures Lower as August Trading Wraps UpStock futures are lower this morning as oil prices rise. Futures tied to the Dow Jones Industrial Average, the S&P 500 and the Nasdaq were down 0.2% recently. The major indexes ended lower on Friday, but still managed to post gains for the week. Crude oil futures were up more than 3% (more on that below), while gold futures fell 0.5% to $4,510. Bitcoin was trading around $78,500 this morning, up from weekend lows around $77,000 but down from last week’s highs north of $81,000. The yield on the 10-year Treasury was holding steady at 4.72%.
Oil Prices Rise as US-Iran Strikes Pick Up AgainOil prices are surging as fighting in Iran picked up again last night. The U.S. struck rocket launchers near Larak Island in the Strait of Hormuz that the military says were preparing to launch rockets with mines into the vital shipping waterway. Iran’s military called the attack an “act of aggression,” but the U.S. Central Command said in response that U.S. forces “took limited, precise action” to stop the threat of mines being laid in the strait. Early this morning, the United Arab Emirates said its air force downed an Iranian drone that was approaching the country, with missiles also being intercepted over the country of Jordan in a series of retaliatory strikes. WTI crude oil futures were up 3.6% to $86.40 per barrel recently.
Major Indexes Poised for Monthly GainsThe major stock indexes are set to post gains for August in what has been a volatile month of trading. Entering today’s session, the Dow is up 2.1%, while the S&P 500 and tech-focused Nasdaq are up 3% and 4.1%, respectively. This would mark the fifth straight month of gains for the Dow, while the S&P and Nasdaq are looking to snap two-month losing streaks. The Dow and S&P each set record closes earlier this month, while the Nasdaq is still trading more than 2% below its last record high set back in early June. The AI trade has seen more volatility this month amid concerns over the industry’s financing.
Earnings, Jobs Report on Deck This WeekInvestors will get a number of big-name earnings reports to evaluate this week, along with labor market data. On Tuesday, reports are due from Palo Alto Networks (PANW) and Dell Technologies (DELL) after markets close. Broadcom (AVGO), Snowflake (SNOW), HP Enterprise (HPE) and Five Below (FIVE) are scheduled to release results after Wednesday’s closing bell. Victoria’s Secret (VSXY) and Campbell’s (CPB) each report Thursday morning, followed by ZScaler (ZS), Lululemon Athletica (LULU) and DocuSign (DOCU) after the bell. On the economic data front, the big event of the week will be the jobs report on Friday. Economists predict that U.S. employers added about 50,000 jobs in August, an improvement from a surprise loss of 23,000 in July.
Today Is Tim Cook’s Last Day as Apple CEOMonday is Apple (AAPL) CEO Tim Cook’s last day leading the tech giant, ending a 15-year run. John Ternus, a longtime hardware executive at the iPhone maker, is set to take over the top job at Apple starting tomorrow. Ternus will face his first test later this month at Apple’s annual fall event, when it is expected to announce new hardware, potentially including the first foldable iPhone. Apple could also raise prices for new iPhone models to combat rising memory costs, after it hiked prices for a number of its other devices back in June. Apple shares, which were little changed at $319 this morning, traded at around $13 when Tim Cook took over as CEO in August 2011.
After a big week for tech earnings headlined by Nvidia’s quarterly update, the main focus for investors may turn back to economy data in the coming days.
We’ll get a fresh look at the labor market on Friday when the August jobs report lands. Economists were surprised when the U.S. economy lost 23,000 jobs in July and officials revised the number of jobs added in June downward. Yet the unemployment rate came in better than expected at 4.1%, compared to 4.2% in June, as labor force participation approached a five-year low.
The workforce is changing as employers anticipate widespread use of AI and adjust to evolving tariff, trade and immigration policy. The portion of workers who are 55 or older has fallen to a two-decade low. Meanwhile, fewer college graduates and “prime-age” workers are finding jobs. The pool of people seeking work has shrunk because immigration has slowed, economists say, and because Americans may have given up on finding work or decided they have the funds to retire.
The August jobs report will be closely monitored by Federal Reserve policymakers, who have been concentrating on curbing inflation ahead of their second mandate: promoting maximum employment. Deterioration in the labor market could make a Fed rate hike less likely, since higher interest rates deter employers from undertaking major investments and expanding.
Still, holding rates steady or cutting them could make it harder for the Fed to stop prices from rising. Fed Chair Kevin Warsh’s Friday speech was interpreted by markets as suggesting that the central bank would raise interest rates to combat inflation.
Investors will also hear this week from companies that rely on consumers having disposable income. Spirits giant Brown-Forman, discount retailer Five Below and apparel companies Lululemon and Victoria’s Secret are due to report in the coming days. Quarterly results are also coming from companies that make supplies for AI data centers, including Dell Technologies, Hewlett Packard Enterprises and Broadcom.
Market RecapThe major stock indexes logged weekly gains, shaking off a hotter-than-expected inflation reading and growing tension between the U.S. and Canada over trade policy. Nvidia’s strong results helped lift shares, with the Dow ending a two-week slide and the S&P 500 and Nasdaq booking a fourth weekly gain in five weeks, though Friday’s retreat in shares of Marvell Technology showed some wariness in the AI trade. For more, check out Friday’s market recap here.
This Week’s Top EventsHere’s a look at the biggest events of the week ahead. TradingView publishes a more detailed calendar, but clicking the link will take you off the Investopedia site.
Investors are embracing Bitcoin amid minor regulatory wins for cryptocurrency, Crystal Kim reports. Toilet paper, belts and bedding may cost more under the latest round of tariffs on Canadian goods, Diccon Hyatt writes. Higher housing costs are keeping Americans from moving, Peter Gratton reports. And debt levels are hampering Americans’ efforts to save for retirement, according to Elizabeth Guevara.
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