Shares of software companies are trading lower after reports suggesting that OpenAI is developing a product called Presence that will help customers automate internal processes using AI agents. The deployment of AI tools into customer back-office systems may erode confidence in legacy software business models.

S&P 500 Index Outlook: Top Three Catalysts for US Stocks This Week

This S&P 500 Index outlook explores the top catalysts for US stocks this week, including US consumer and producer inflation.

Consumer Tech (Aug 31-Sep 4): NVIDIA Buys World's Largest Open AI Developer, Trump Claims Total Control On Hormuz & More

President Donald Trump recently claimed the U.S. has “total control” over the Strait. NVIDIA acquire Hugging Face for $12.93 billion.

Earnings Volatility Watch: Oracle And Adobe Report, But the Wild Swings Belong to Smaller Names

Oracle and Adobe headline the week, both down about 20% in 2026, yet the biggest implied earnings moves belong to InnovAge, SailPoint and eight others.

Shares of software companies are trading lower after August's hotter-than-expected payrolls report increased expectations that the Federal Reserve could raise interest rates at its next meeting. A stronger U.S. dollar and higher rate expectations are weighing on growth stocks by reducing investor appetite for higher-risk assets.

SanDisk Jumps 10%, Lululemon Crashes 17%: Stock Market Today

A blowout August jobs report pushed traders to price a coin-flip chance of a Federal Reserve rate hike this month, dragging the S&P 500 and Dow lower by midday Friday.

Why Trade Desk, AppLovin and Lululemon Are Lagging

Explore why The Trade Desk, AppLovin, and Lululemon stocks have become the top laggards in the S&P 500 Index this year.