Labor market data for August was about three times lower than expected

U.S. stocks hit a record after the jobs data. The market is waiting for three rate cuts

NVIDIA Corporation

Palantir Technologies Inc.

Bond investors fear that the U.S. will have to pay back funds collected from duties

US stock indexes are down. Why is Trump's possible repeal of duties a bad thing?

Novo Nordisk A/S

Eli Lilly and Company

Danish pharmaceutical giant Novo Nordisk said its obesity drug Wegovy reduces cardiovascular risks more effectively than its main competitors. The company's shares jumped 3% as a result.

Best-selling Novo reduces heart risks more effectively than competitor, trial shows

A U.S. federal appeals court on Friday, August 29, ruled that most of the global duties imposed by President Donald Trump were illegal because he exceeded his authority in imposing them, Bloomberg <a href="https://www.bloomberg.com/news/articles/2025-08-29/trump-s-global-tariffs-found-illegal-by-us-appeals-court?srnd=homepage-europe">reports </a>. Nevertheless, the justices allowed those duties to remain in effect while the case is heard again by a lower court.

US appeals court finds Trump's global duties illegal

Oracle Corporation

Wall Street by the end of the summer began to massively withdraw from deals related to artificial intelligence, <a href="https://www.barrons.com/articles/nvidia-ai-stocks-fall-f1443223?mod=RTA">notes </a>Barron's. In trading on Friday, August 29, almost all major companies benefiting from the AI boom were in the negative.

Shares of almost all AI race beneficiaries have fallen in price. Has Wall Street become disillusioned with AI?

The Gap, Inc.

After several quarters of steady growth, the company is under pressure from Trump's duties

Gap shares collapse after quarterly report. Is the recovery in doubt again?

Microsoft Corporation

Microsoft has begun testing its first AI model, MAI-1-preview, which is fully trained in-house and should improve the capabilities of its Copilot assistant, it <a href="https://microsoft.ai/news/two-new-in-house-models/">said </a>in a corporate blog post. It could increase competition with ChatGPT chatbot developer OpenAI, in which the tech giant has invested more than $13 billion, CNBC <a href="https://www.cnbc.com/2025/08/28/microsoft-tests-mai-1-preview-ai-model-boost-to-copilot-rival-openai.html">noted </a>.

Microsoft is testing an entirely proprietary AI model. This will increase competition with OpenAI

Nvidia's performance is considered an important indicator of the health of the entire AI industry, but most analysts considered the market's reaction to be overblown 

Nvidia's revenue from its key AI business fell short of forecasts. Shares fell

Exxon Mobil Corporation

Exxon Mobil has been in talks with Russian state oil company Rosneft to return to the development of the Sakhalin-1 project if the two governments give it the green light as part of the peace process over Ukraine, The Wall Street Journal <a href="https://www.wsj.com/business/energy-oil/exxon-rosneft-russia-oil-talks-f524e81f?mod=hp_lead_pos2">reported</a>, citing sources.

Vesna Pedchenko

Writes about:

NVIDIA Corporation

Apple Inc.

Tesla, Inc.

Articles: 38