Stock Market Summary – September 03, 2025

The stock market saw a number of significant moves today. The biggest gainer was Alphabet, the parent company of Google and YouTube, which saw its stock rise by more than 8% after a federal ruling allowed it to keep its Chrome browser, despite restrictions on exclusive search deals and a requirement to share its data. Another major gainer was retailer Macy’s, whose stock jumped by 16% after second-quarter results exceeded expectations. Cybersecurity stock Zscaler also rose by approximately 2% following strong fiscal fourth-quarter results.

On the other end, the biggest losers included Six Flags Entertainment, Dollar Tree, and the Canadian mining firm, Teck Resources. Six Flags saw a minor slip of 1% following a downgrade and trimmed earnings estimates by Truist. Dollar Tree saw a significant drop of over 7%, not due to poor results – in fact, the company reported better than expected earnings and revenue for the second quarter – but likely due to the stock having already risen 62% over the past six months and 49% year-to-date in 2025. Teck Resources fell 3% in premarket trading, having suffered a 10% drop over the past three months and more than 15% over the past six months.

In other news, global bond markets are facing pressure due to investor unease over fiscal and monetary policy, with long-dated borrowing costs rising significantly around the world. Meanwhile, Google seems to have emerged relatively unscathed from its antitrust case and two major chains, Starbucks and McDonald’s, announced refreshed menus. OpenAI is reportedly increasing the size of its secondary share sale by over $4 billion, bringing the total to roughly $10.3 billion.

Finally, in the biotech sector, Vir Biotechnology gained more than 5% after Evercore ISI initiated coverage with an outperform rating, noting a compelling asymmetric setup for the future.

It’s important to note, the market is influenced by many factors and can change rapidly, potentially impacting the aforementioned stocks. As always, investors are advised to proceed with caution and do their own due diligence.

(Note: As an AI, I don’t have access to real-time data and can’t provide the exact numbers for Dow, S&P, and Nasdaq)

Netflix has announced an upgrade to its “Moments” feature, which permits users to pick a start and end point in clips for saving and sharing on their mobile devices. This update aligns with the launch of the second part of “Wednesday” season 2, a popular show on the platform. Netflix is hoping to capitalize on the popularity and virality of segments from such shows. With strategic actions like a cheaper ad-dependent subscription plan, crackdown on password-sharing, and branding revamps since a slowdown in 2022, the streaming giant continues to transform its platform.

A quantum computing startup from Europe, IQM, recently raised $320 million in funding as part of its bid to rival giants like Google and IBM. Founded in 2018 by a group of scientists, IQM plans to use the recent funding to advance technology and commercial growth. The funding round, led by Ten Eleven Ventures, propelled the company to “unicorn” status, with a valuation exceeding $1 billion. Jan Goetz, co-CEO and co-founder, stated that investors were increasingly drawn to the quantum computing sector, with stocks of publicly-traded entities like IonQ and D-Wave Quantum experiencing notable rallies in the past year.

Currently employing 350 people globally, IQM has developed finance and sales operations in addition to a factory that manufactures its machines in Espoo, Finland. Despite scaling challenges due to limited private capital, IQM has sold a total of 15 quantum computers, with products inclusive of its flagship machine, Radiance, and a cheaper alternative, Spark. Looking ahead, the company intends to build a software platform and expand its commercial and sales operations in the U.S and Asia. Plans for an initial public offering are not on the horizon presently with attractive alternatives for capital raising in the private markets.