Market update for September 1, 2026 Check out the Public app for incredible investing tools and to support the show (LINK) Follow us on Instagram (@TheRundownDaily) for bonus content and instant reactions. In today’s episode, Zaid covers: Why September could bring more market volatility as oil prices and bond yields move higher The FTC’s lawsuit accusing Amazon of secretly inflating advertising prices Shein’s disappointing Hong Kong IPO and how its valuation fell from roughly $100 billion to about $26 billion Duolingo’s analyst upgrade and why NIO shares are falling after earnings How YouTuber Markiplier became GoPro’s largest shareholder and sent the stock surging

Amazon Sued Over Ad Prices, Shein's IPO Falls Flat

The Rundown

Public.com presents The Rundown, your daily market update in 10 minutes. My name is Zaid Admani and today is Tuesday, September 1st. In today's episode, we'll break down why September could get a lot more volatile for stocks with oil and bond yields both moving higher. We'll also tell you why the FTC is suing Amazon over its advertising business and why Shein's long-awaited IPO was such a disappointment.

Then stick around to the end of the show to find out why one of the biggest YouTubers in the world just became GoPro's largest shareholder. We've got a great show for you today. Let's go. Stocks ended the month of August on a down note. The S&P 500 fell 0.3% on Monday while the NASDAQ dipped just 0.1%. Overall, though, when you zoom out, August was a great month for the stock market.

The S&P gained 2.6% while the NASDAQ added 3.9%, both indices having their best August since 2021. Now we're officially in the month of September and historically, September has been the worst month for the stock market. Going all the way back to 1928, the S&P has averaged a 1.1% decline for the month of September. And you know, there's a lot of uncertainty this year heading into this month. On one hand, you have corporate America continuing to crush it. Q2 earnings season was strong.

Revenues for the S&P 500 were up nearly 16%. And earnings per share were up 53% from a year ago. Now, to be fair, some of that growth did come from investment gains in AI companies at Amazon and Google. Plus, tariff refunds flowing through retailers like Walmart, Target, and Apple. But even setting aside those investment gains, profit growth was still the strongest since 2021.

Amazon Sued Over Ad Prices, Shein's IPO Falls Flat

Read the full transcript

The candid version is on a podcast,
not the earnings call.

Amazon Sued Over Ad Prices, Shein's IPO Falls Flat

Read the full transcript

The candid version is on a podcast, not the earnings call.

The candid version is on a podcast,
not the earnings call.