Snowflake and Oracle are both positioned to benefit from the enterprise data and AI buildout, but their stock performances have diverged. Snowflake lifted its FY27 product revenue growth forecast by five percentage points to 36% after results pointed to improving consumption trends. Oracle’s latest earnings beat expectations and its product revenue growth accelerated from 34% to 37%, sending the shares up more than 16% in a single session, though the stock is still down 20% year to date and remains well below last year’s high.

US employers added 162,000 jobs in August, far above expectations of 65,000. The Labour Department also revised June and July payrolls higher by a combined 55,000. Restaurants and bars led gains with 59,000 new jobs, while construction added 22,000 and manufacturing 16,000. The labor force rose by 683,000, but average hourly wages increased 3.1% from a year earlier, the weakest pace since May 2021.

Lululemon cut its full-year sales forecast for a second time this year, as sales in its core leggings category fell about 20% in the second quarter amid a shift toward looser fits. The shares sank about 20% in a single session to around $100, near levels last seen in 2018, wiping roughly $2.5 billion from its market value, according to Reuters. Incoming CEO Heidi O’Neill is set to start on September 8, with rivals Alo and Vuori continuing to gain ground in athleisure.

A strong U.S. jobs report has strengthened the argument for interest-rate increases, even as President Donald Trump warned he could halt trade with some countries unless the Federal Reserve cuts rates, leaving Fed Chairman Kevin Warsh under pressure ahead of the September meeting. Labor force participation rose to 61.6%, and job gains helped keep the unemployment rate steady at 4.1%. Inflation has been above the Fed’s 2% target for more than five years, and Warsh’s recent hawkish comments have been read as opening the door to a possible rate hike.

$AMC, a token issued by Backpack Securities, has been listed on Solana in partnership with Sunrise. The token is redeemable 1:1 for AMC Entertainment shares and can be transferred to traditional brokerages. AMC Entertainment is the world’s largest movie exhibition company, operating about 850 theatres and 9,500 screens globally.

Solana has reached a $5 billion agreement with a luxury-goods tokenization platform to bring high-end items such as Hermès Birkin bags, Rolex watches and Chanel fashion onto the blockchain. The project aims to use tokenization to improve liquidity and access for luxury assets and draw traditional high-net-worth investors into the crypto market. The move is seen as a major step for real-world asset (RWA) tokenization and could significantly expand the scale of assets and trading activity in the Solana ecosystem.

On September 4, foreign institutional investors net sold Indian equities worth Rs 3,112 crore, while domestic institutional investors net bought Rs 8,930 crore. The Nifty 50 edged up 0.1% to 23898 and the Sensex rose 0.5% as equities pared losses on improved global sentiment and easing expectations of a US Federal Reserve rate hike. Brent crude held at $95.4 a barrel, while the rupee strengthened to 94.4 against the US dollar.

Rocket Lab (RKLB) posted record second-quarter 2026 revenue of $234 million, up 62% year over year, and ended the quarter with $2.36 billion in backlog. The company also won its largest launch contract to date, a $266 million award covering up to 18 suborbital missions for the Space Force, and said it signed more than $1 billion in new contracts during the quarter and the weeks that followed. GAAP gross margin was 36.1% in the quarter, but management guided to 29% to 31% for the third quarter due to expected mix. The stock is down roughly 49% over the past three months, though it is up 28.7% over the past twelve months, outperforming the S&P 500.