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Nasdaq 26,371 Β· Dell set to report strong earnings, benefits from AI demand ‌ ‌ ‌ ‌ ‌
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Stock Mornings
Your weekday pre-market read on US stocks.
Issue #51 Β· Tuesday, September 1, 2026
Volatility (VIX)  Cautious Β· 15.8  β–² from 14.9 yesterday
Worth noting  Tesla (TSLA) moved +5.51% on the day.
Markets edged lower as investors weighed Dell's earnings outlook, geopolitical tensions in Iran, and broader economic concerns amid mixed signals.
 
 

●  The Numbers

S&P 5007,686.14  -0.33%
+0.43% this week
Nasdaq Composite26,370.89  -0.12%
+1.50% this week
Dow Jones53,185.90  -0.70%
-0.43% this week
Russell 20002,956.45  -0.54%
-1.29% this week

Before the bell: see how Asia, Europe & US futures traded overnight →

●  The Movers

Leaders

TSLA Tesla+5.51%
SPCX SpaceX+1.55%
NVDA Nvidia+1.48%

Laggards

AMZN Amazon-2.50%
GOOGL Alphabet-2.09%
MSFT Microsoft-1.22%

The day's best and worst of the tracked indices and mega-caps Β· day-over-day change.

●  The Read

S&P 500 β€” description, not prediction

Trading above both its 50-day (7,567.50) and 200-day (7,122.92) averages β€” the longer-term trend reads as up. 30-day range 7,316.15–7,798.99; currently in the upper third of that range. RSI(14) 45 β€” momentum roughly neutral.

See where every market sits on the daily page β†’

●  The Brief

 Dell set to report strong earnings, benefits from AI demand

Dell is expected to post sharp earnings growth on Tuesday, with analysts optimistic about industry tailwinds from AI developments at Nvidia and other tech advances supporting future results. (MarketWatch)

 Oil prices rise as Iran tensions escalate with US military action

Iran attacked two American bases in Jordan in retaliation for a US strike on Larak Island, raising geopolitical risk and pushing oil prices higher amid regional instability. (CNBC)

 US national debt surpasses $40 trillion milestone

The US federal debt reached $40 trillion, marking a significant threshold in the nation's fiscal obligations and reflecting ongoing budget deficits. (Yahoo Fin)

 Apple alleges OpenAI destroyed evidence in trade secrets lawsuit

Apple has accused OpenAI of destroying evidence in a trade secrets dispute, escalating legal tensions between the tech giants over intellectual property. (Yahoo Fin)

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Markets 101

What is a share buyback?

When a company uses cash to buy its own shares off the market, shrinking the share count. Each remaining share then represents a slightly larger slice of the business.

β€œMarkets are a description of today, not a forecast of tomorrow.”

Stock Mornings is an educational digest for US readers. Nothing here is financial, investment, tax, or legal advice. Stocks carry risk β€” you can lose money, and past performance does not predict future results. Some links may be affiliate links; we may earn a commission at no cost to you. Prices via Yahoo Finance, captured shortly before the opening bell.

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