Happy Wednesday. It’s Sept. 3, 2025. These are today’s top moving stocks, a segment of our daily live blog, Stock Market Today.
We have about an hour left of trading in the U.S. stock market. The Nasdaq Composite (+0.52%) is now far above the rest of the major indexes, with the S&P 500 (+0.07%) only up a few basis points; the Russell 2000 (-0.40%) is ending the day in the red, while the Dow (-0.49%) has been there all day.
Still, there are some stocks making major moves today. We’ll start from the top and move down the list:
Macy’s
Department store Macy’s (M) (+17.8%) has been trying to make its way in a world of Amazons and Walmarts. Today, its stock is rewarded for those efforts, as the efforts of CEO Tony Spring are being realized by investors. Sales grew at the fastest rate in three years, beating revenue ($4.81 billion) and earnings expectations (41c/sh adjusted). The company also raised its outlook for the year, in spite of forecasts from PwC that U.S. consumers will spend less money this holiday season, marking a rare pullback.
NuScale Power Corporation
NuScale Power Corporation (SMR) (+10.7%) is soaring after the Tennessee Valley Authority (TVA) signed an agreement to develop a 6 GW small nuclear development. Once complete, the project would be the largest small modular reactor (SMR) assembly in the U.S, opening the doors for more smaller form-factor nuclear developments. The plan will ultimately be deployed by ENTRA1 Energy and power up to 4.5 million homes or 60 new data centers. No timeline was provided for the project.
Alphabet
Alphabet (GOOGL) (+7%) is rising after a legal victory, which kicked off a rally in the advertising name. Despite being ruled a monopoly last year, the company will not be forced to divest any core businesses.
Related: Alphabet stock soars after Judge rules that Google can keep Chrome, Android
It’s also pulling the Nasdaq Composite higher today, bringing tech names like Apple (AAPL) and Tesla (TSLA) in tow.
Dollar Tree
Discount store Dollar Tree (DLTR) (-9.2%) is down despite making a strong showing in their A.M. earnings report, beating on the top- and bottom-line. The culprit is Trump’s tariffs, which have been seen weighing on its sales outlook. Company management said that the company is negotiating with suppliers and shifting its supply chain, but the commentary still gave investors a shake. Even upgrading its comparable sales growth to 4% to 6% this year, higher than the 3% to 5% it previously forecast, was not enough.
Bullish
Crypto exchange and media company Bullish (BLSH) (-13.7%) is having its worst day since it went public in mid-August. Its actually today’s worst-performing stock, down double digits on a report from analysts at Compass Point, who shaded the company’s excessive valuation and its lack of footing in the key U.S. market. Analyst Ed Engel wrote that, “We think there could be a better buying opportunity within 1-2 quarters,” after Congress passes crucial market legislation. In the meantime, it holds a neutral rating and a $45 price target (-15.7% to current prices) on the company.
