Sep 5 2025

 

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📊 Market Overview

• S&P 500 futures: +0.4%

• NASDAQ 100 futures: +1%

• Russell 2000 (IWM): +0.7%

• Markets reacting positively despite weak jobs report.

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🏦 Economic Data

• Non-farm payrolls (Aug): +22K (well below 77K est.)

• Unemployment rate: 4.3% (met expectations)

• Participation rate: 62.3%

• Wages: +0.3% MoM, +3.7% YoY (slightly below 3.8% est.)

• Signals inflation may be easing.

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📈 Stock Movers

• Broadcom (AVGO): +15%

  • 36% EPS growth, 4th straight strong quarter.

  • Guided Q4 rev. $17.4B vs. $17.01B est.

  • Major clients: Google, Meta, ByteDance.

• Lululemon (LULU): –19%

  • EPS fell for first time in years.

  • Sales slowing, tariff & cost pressures, mgmt turmoil.

• Argan (AGX): –7%

  • EPS gain but Q2 rev. growth just +5% (weakest in 8 qtrs).

• Samsara (IOT): +13%

  • EPS $0.12 (record), revenue +30% to $392M.

  • Gross margin 77%.

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Other Corporate/Market News

• Marian Technology joining S&P 600 (profitable since 2022).

• Goldman Sachs investing $1B in T. Rowe Price (TROW) to expand private equity, private credit, and infrastructure investing for retail clients.