Shares of software companies are trading lower after August's hotter-than-expected payrolls report increased expectations that the Federal Reserve could raise interest rates at its next meeting. A stronger U.S. dollar and higher rate expectations are weighing on growth stocks by reducing investor appetite for higher-risk assets.

Why American Bitcoin (ABTC) Stock Is Sliding Friday

Shares of American Bitcoin are trading lower Friday, pulling back from Thursday’s rally amid digital-asset weakness after labor market data.

Shares of crypto-related companies are trading lower amid a decline in Bitcoin prices following August's hotter-than-expected payrolls report, which boosted expectations for a potential Federal Reserve rate hike at its next meeting. A stronger U.S. dollar and higher interest-rate expectations are further weighing on crypto and other risk assets by reducing investor appetite for speculative investments.

Eric Trump Says Our Mission Hasn't Changed as American Bitcoin Marks One Year of Going Public, but ABTC Stock Got Battered

Eric Trump celebrated on Thursday, Sept. 3, the first anniversary of American Bitcoin Corp. going public, reiterating the vision of making the U.S. a leader in the Bitcoin economy.

SanDisk Jumps 10%, Lululemon Crashes 17%: Stock Market Today

A blowout August jobs report pushed traders to price a coin-flip chance of a Federal Reserve rate hike this month, dragging the S&P 500 and Dow lower by midday Friday.

Adobe shares are trading lower after the company announced that Anil Chakravarthy will become Adobe’s next President and CEO, effective December 1, 2026.

Adobe Taps Insider Anil Chakravarthy to Lead Its High-Stakes AI Push

Anil Chakravarthy to succeed Shantanu Narayen as Adobe CEO on Dec 1. Read key leadership changes, stock trends, and Q3 earnings outlook.