Market News for August 25, 2026
Every story Market Flux published on August 25, 2026.
- Market Flux Event
Semtech, Zoom, Box and nCino Report Q2 Results With Mixed Outcomes
A wave of second-quarter earnings reports landed on August 25, with Semtech and Zoom Communications posting beats while nCino disappointed. Semtech posted record fiscal Q2 revenue, sending…
- Market Flux Event
Semtech Beats Q2 Estimates on Sales and Earnings, Shares Surge on Strong Q3 Outlook
Semtech reported fiscal second-quarter 2027 revenue of $341.9 million, topping analyst estimates of $328.6 million. Adjusted earnings per share came in at $0.71, a dime above the $0.61…
- Most Active
Dick's Sporting Goods Posts Worst Day on Record After Q2 Miss and Deep Guidance Cut Tied to Foot Locker Weakness
Dick's Sporting Goods stock fell roughly 29 to 30 percent on August 25, its worst single-day decline since its 2002 IPO, after the company reported a fiscal second-quarter double miss and…
- Top Mover
Target Stock Slides Among Top S&P 500 Losers After Pulling Halloween Costume Amid Blackface Backlash
Target fell among the top three losers on the S&P 500 on Tuesday after the retailer pulled a children's circus clown Halloween costume from sale following widespread backlash. Critics said…
- Top Mover
Goldman Sachs Reiterates Buy on Robinhood with $124 Target as HOOD Surges 8%
Robinhood Markets shares climbed roughly 8% on August 25, resuming a rally that began late the prior week, after Goldman Sachs analyst James Yaro reiterated a buy rating on the stock and…
- Market Flux Event
Intuit Plunges on Soft Fiscal 2027 Outlook as Dick's Sporting Goods Tumbles on Guidance Cut
Tuesday's session was dominated by post-earnings selloffs even as the broader S&P 500 and Nasdaq closed higher on a tech rebound led by Nvidia. Intuit fell sharply after reporting…
- Unusual Volume
Dick's Sporting Goods Plunges 30% After Worst Earnings Miss on Record as Foot Locker Drags Results
Dick's Sporting Goods posted its worst single-day stock decline since its 2002 IPO on Tuesday, with shares tumbling roughly 30%, after the company reported a double miss and slashed its…
- Top Story
OpenAI's Broadcom-Built Jalapeño Chip Beats Nvidia GB300 in Inference Tests as Cisco and Nvidia Expand AI Factory
OpenAI's custom Jalapeño chip, designed and built by Broadcom specifically for AI inference, outperformed Nvidia's GB300 processor in both throughput per watt and response latency in…
- Market Flux Event
OpenAI's JalapeñO Chip Outperforms Nvidia Blackwell in Inference as AI Safety Startup Alice Raises $140M
OpenAI's custom inference chip, codenamed JalapeñO, has topped Nvidia's Blackwell in some inference benchmark tests, a notable development in the intensifying AI chip race that also saw…
- Market Flux Event
WTI Crude Settles at $82.36 as US-Iran Diplomacy Signals Ease Supply Fears
U.S. crude oil futures fell sharply on Tuesday, with October WTI settling at $82.36 per barrel, down $2.65 or 3.12%, extending Monday's losses to reach one-week lows. The selloff was…
- Market Flux Event
Iraq Issues Spot Crude Tender as Persian Gulf Oil Loadings Recover but European Gas Prices Hit 3.5-Year High
Iraq's state oil marketer SOMO issued its second spot crude tender since the start of the US-Iran war, offering Basrah Medium and Basrah Heavy cargoes loading across all three decades of…
- Market Flux Event
OpenAI Data Center Chief Chris Malone Exits Amid Wave of Senior Departures Before 2027 IPO
Chris Malone, OpenAI's head of data centers, left the company last week, according to people familiar with the matter who spoke to the Wall Street Journal. Malone had joined only in March…
- Market Flux Event
Boston Fed's Collins Warns of Further Rate Hikes if Inflation Fails to Ease
Boston Federal Reserve President Susan Collins signaled on August 25 that the FOMC may need to raise interest rates further if inflation does not continue to fall, marking one of the…
- Top Story
Canada Hits US With Dollar-for-Dollar Retaliatory Tariffs on $20 Billion of Goods After Trade Talks Collapse
Canada on Tuesday announced retaliatory tariffs covering more than 700 American products worth approximately $19.94 billion, matching what Finance Minister Francois-Philippe Champagne…
- Market Flux Event
Canada Retaliates Against Trump With Up to 50% Tariffs on $20 Billion of US Goods
Canada announced retaliatory tariffs on roughly $20 billion worth of American imports on Tuesday, matching dollar for dollar the 50% duties President Donald Trump imposed over the weekend…
- Market Flux Event
Canada Fires Back With $20 Billion in Retaliatory Tariffs After US Imposes 50% Duties
Canada announced retaliatory tariffs on Tuesday covering more than 700 American goods worth approximately $20 billion, matching what Trade Minister Dominic LeBlanc described as a…
- Market Flux Event
US Navy Clears All Mines from Strait of Hormuz as Trump Warns Iran of Zero Tolerance on Replacements
President Trump announced on August 25 that the U.S. Navy has removed or detonated all mines from the international waters of the Strait of Hormuz, declaring a zero-tolerance policy on any…
- Market Flux Event
Nvidia Launches Jetson Orin Nano 2 Edge AI Computer Targeting Robotics and Drones
Nvidia unveiled the Jetson Orin Nano 2, a new entry-level edge AI computer designed for robots, delivery and inspection drones, and vision systems. The module delivers 78 TOPS of AI…
- Market Flux Event
Apple Launches M6 and M5 Pro Mac Mini Starting at $899 with Major AI Performance Gains
Apple on Tuesday unveiled a refreshed Mac mini lineup powered by new M6 and M5 Pro chips, with preorders open immediately and availability set for September 22. The M6 model starts at $899…
- Market Flux Event
OpenAI's Broadcom-Built Jalapeño Chip Beats Nvidia GB300 in Inference Tests as Cisco and Nvidia Expand AI Factory
OpenAI's custom Jalapeño chip, designed and built by Broadcom specifically for AI inference, outperformed Nvidia's GB300 processor in both throughput per watt and response latency in…
- Market Flux Event
Trump Announces All Hormuz Mines Cleared, Warns Iran of Destruction for Any New Placement
President Trump declared on August 25 that the U.S. Navy has removed or detonated all mines in the international waters of the Strait of Hormuz, warning Iran that any vessel placing new…
- Market Flux Event
Tech and Chip Stocks Rebound Tuesday as Markets Position Ahead of Nvidia Earnings
U.S. equity markets opened higher on August 25 as chip and technology stocks rebounded after a technology-led selloff the prior session, with investors positioning ahead of Nvidia's closely…
- Market Flux Event
Canada Hits US With Tariffs on $19.94B of Goods, Doubling Steel Duties to 50%
Canada announced retaliatory tariffs on $19.94 billion worth of American goods, matching dollar-for-dollar new duties imposed by Washington and covering more than 700 U.S. products…
- Unusual Volume
BlackRock Dominates Bitcoin and Ethereum ETF Inflows as BTC Surges Past $81,000
BlackRock captured more than 60% of the $338 million in daily Bitcoin ETF inflows on Aug. 24, with its iShares Bitcoin Trust (IBIT) drawing $209 million while its Ethereum fund (ETHA) added…
- Market Flux Event
Nvidia Enters Earnings Report After Seven-Day Losing Streak, Its Longest Since 2022
Nvidia is set to report fiscal second-quarter 2027 results after the market close on August 26, capping a seven-session losing streak that marks the stock's longest consecutive decline…
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- Market Flux Event
Trump Threatens to Rename Lake Ontario 'Lake America' Amid Canada Trade War
President Trump threatened to rename Lake Ontario as 'Lake America,' escalating tensions with Canada as an intensifying trade dispute strains the bilateral economic relationship. The…
- Market Flux Event
Canada Hits US With Dollar-for-Dollar Retaliatory Tariffs on $20 Billion of Goods After Trade Talks Collapse
Canada on Tuesday announced retaliatory tariffs covering more than 700 American products worth approximately $19.94 billion, matching what Finance Minister Francois-Philippe Champagne…
- Unusual Volume
Scotiabank Posts Record Q3 EPS of CAD 2.28 Beating Estimates on Capital Markets and Wealth Management Surge
Bank of Nova Scotia reported record third-quarter fiscal 2026 earnings on August 25, with adjusted earnings per share of CAD 2.28, beating analyst expectations of roughly CAD 2.10 by CAD…
- Market Flux Event
Grayscale Launches First U.S. Zcash ETF on NYSE Arca Under Ticker ZCSH
Grayscale on Tuesday listed the Grayscale Zcash Trust ETF under the ticker ZCSH on NYSE Arca, making it the first U.S. exchange-traded product dedicated to Zcash. The fund converts an…
- Market Flux Event
Dick's Sporting Goods Stock Drops 18% After Q2 Miss and Deep Cut to Full-Year Profit Outlook
Dick's Sporting Goods reported second-quarter fiscal 2026 results that fell short of expectations on both revenue and profit, and the company sharply reduced its full-year guidance, sending…
- Market Flux Event
Bitcoin Tops $80,000 for First Time in 15 Weeks Amid ETF Inflows and Dollar Weakness
Bitcoin briefly broke above $80,000 overnight on August 25, a level not seen in 15 weeks, before pulling back almost immediately. The move capped an eight-day rally of roughly 28% that…
- Market Flux Event
Trump Proposes Renaming Lake Ontario to Lake America as US-Canada Trade War Deepens
President Donald Trump said Tuesday on Truth Social that the United States is seriously considering renaming Lake Ontario to Lake America, citing expectations that the country will no…
- Market Flux Event
US Dollar Edges Higher After New Iran Sanctions but Remains Near Multi-Month Lows Ahead of PCE Data
The US dollar edged higher on Tuesday, August 25, after the United States launched new measures against Iran, giving the currency a modest lift. Despite the gain, the dollar remained pinned…
- Market Flux Event
Brent Crude Slips Below $90 as Traders Shrug Off New US Iran Sanctions
Brent crude oil broke below the closely watched $90 per barrel level on August 25, extending a selloff that pushed both benchmarks to one-week lows. Brent futures fell to their lowest since…
- Market Flux Event
Trump Escalates Trade War on Multiple Fronts With Canada Tariffs, China Duties and Iran Sanctions
The Trump administration pushed simultaneously on three trade fronts on August 25, rattling global markets and raising fresh inflation fears. On Canada, Trump's tariff threats have…
- Market Flux Event
Germany Q2 GDP Beats Estimates as Export Rebound Drives Upward Revision
Germany's economy grew 1.0% year-on-year in the second quarter of 2026, topping the prior reading and consensus estimate of 0.9%, while quarter-on-quarter growth came in at 0.3%, also ahead…
- Market Flux Event
Bitcoin Tops $81,000 for First Time Since May as ETF Inflows Hit $338M and Short Squeeze Wipes Out $452M in Bearish Bets
Bitcoin surged past $80,000 and briefly touched $81,237 on August 25, its highest level in more than three months and the first visit to that price since mid-May, capping an eight-day rally…
- Market Flux Event
RBA August Minutes Reveal Rate Hike Was Actively Debated as Inflation Risks Linger
The Reserve Bank of Australia debated raising interest rates at its August meeting, with the board divided on the path forward, according to minutes released on August 25. Several board…
- Market Flux Event
Bitcoin Tops $80,000 for the First Time Since May as Rally Surges 25% in a Week
Bitcoin crossed the $80,000 threshold on Monday for the first time in more than three months, reaching its highest price since mid-May and extending a rally that has now gained roughly 25%…
- Market Flux Event
US Hits Iran With Expanded Sanctions While Canada Prepares Retaliatory Tariffs as Trade Tensions Escalate
The Trump administration escalated economic pressure on two fronts simultaneously, rattling global markets. Treasury Secretary Scott Bessent, billing the move as an 'economic D-Day,'…