Bloomberg Television·2026-08-25 20:25Market Trends & Macro Performance - Major U.S. indices posted fractional gains, with the Dow Jones Industrial Average and S&P 500 each up about 0.3%, the Nasdaq Composite and Nasdaq 100 each up about 0.6%, and the Russell 2000 up about 15 points or 0.5%[1][6] - Brent crude dropped about 5% and WTI fell 4.5%, dragging down the energy sector, while the AAA gas price average approached $4.10[2][11] - Information technology, communication services, and materials led the S&P 500 sectors, whereas energy, staples, and industrials declined[11] Corporate Earnings & Financial Guidance - Intuit reported a recent fiscal quarter net revenue of about $4.35 billion, but projected full fiscal year 2027 revenue between $23.28 billion and $23.51 billion, with operating income ranging from $8.06 billion to $8.15 billion, causing shares to drop 11% after hours[7][8][9] - Zoom Communications posted second-quarter revenue of about $1.28 billion and slightly raised its full-year revenue outlook to approximately $5.10 billion, with operating income estimated between $2.07 billion and $2.08 billion[22][23] - Box reported a fiscal year adjusted earnings per share outlook of $1.54 to $1.56 against estimates of $1.58, and projected fiscal year revenue of $1.29 billion, resulting in a top-line beat and a bottom-line miss with shares down 6.4%[25] Stock Performance & Industry Dynamics - Moderna shares surged 14% to become the best performer in the S&P 500 following a ratings upgrade by Wolf Research driven by successful melanoma vaccine trial results, though shares remain down about 60% from their 2021 Covid-era highs[12][13] - Resolve AI shares rose over 21%—reaching a market capitalization just shy of $2 billion—after Google selected its proprietary distributed database technology for deployment at the infrastructure level within Google Cloud[14][15] - Dick's Sporting Goods experienced its worst trading day ever, with shares plunging about 31% to their lowest level since 2023 due to continuing struggles from its acquired Foot Locker chain, a promotional footwear market, and a shift toward brands like Uggs and Birkenstock[16][17][19]