Soft jobs data sends tech soaring; Buffett warns investors — August 8, 2026
S&P 500 +0.62% · Nasdaq +1.30% · Dow +0.28% · VIX 14.9 — August 8, 2026
The stock market hit a new high today on the back of a weak jobs report, which eased concerns about aggressive rate hikes and sent the Nasdaq up 1.30%. The S&P 500 closed at a record, up 0.62%, while the Dow lagged with just a 0.28% gain. Breadth was decisively positive—70 of the top 100 most active stocks advanced. The VIX sat at 14.9, reflecting low volatility and investor calm. This is the classic soft-landing trade: economic weakness that doesn't collapse earnings but does kill the case for tighter monetary policy.
The day's biggest moves told the story of where money was chasing growth. Atlassian soared 35.3% on an analyst report suggesting a new growth narrative. Doximity jumped 32.6% following earnings highlights. The Trade Desk got crushed 21.9%—the rare big loser in a risk-on day—suggesting some rotation away from pure ad-tech plays. Space Exploration Technologies (up 15.8%) and Oklo (up 14.8%) benefited from the broader shift into higher-risk growth stories. B2Gold and AXT, meanwhile, moved on operational wins: BTG secured a regional permit, AXTI reported Q2 results.
What's notable is the absence of insider buying among today's biggest movers. No cluster buys to report. That's worth watching against the backdrop of Buffett's public warning to investors today—a signal that even the Oracle of Omaha is cautious at record highs. The message: corporate executives aren't using their own capital to signal confidence in this rally.
Market commentary generated from the day's data and headlines — not investment advice.
Biggest moves today
- TEAM (Atlassian Corporation) ▲ +35.31% at $149.07 on 20.0M shares — Analyst Report: Atlassian Corporation (Morningstar Research)
- DOCS (Doximity, Inc.) ▲ +32.62% at $27.40 on 63.6M shares — Doximity Q1 Earnings Call Highlights (MarketBeat)
- BTG (B2Gold Corp) ▲ +22.98% at $5.03 on 69.2M shares — B2Gold Corp (BTG) (Q2 2026) Earnings Call Highlights: Fekola Regional Permit Secured, Guidance ... (GuruFocus.com)
- TTD (The Trade Desk, Inc.) ▼ -21.90% at $13.80 on 132.9M shares — Stock Market Today, Aug. 7: Markets Rally on Jobs Shock and Atlassian Surges 35% (Motley Fool)
- AXTI (AXT Inc) ▲ +17.84% at $88.58 on 19.1M shares — AXT (AXTI) Q2 2026 Earnings Call Transcript (Motley Fool)
- CELH (Celsius Holdings, Inc.) ▲ +16.83% at $27.77 on 32.3M shares — Will Weak Core Results and an Activist Push to Oust the CEO Change Celsius Holdings' (CELH) Narrative (Simply Wall St.)
- SPCX (Space Exploration Technologies ) ▲ +15.83% at $133.11 on 235.2M shares — Weekly Wrap: Bitcoin Hit By Coldcard Hack And Clarity Act Disappointment (CryptoProwl)
- RDW (Redwire Corporation) ▲ +14.88% at $13.59 on 32.8M shares — Why Redwire Stock Keeps Gaining (Motley Fool)
- OKLO (Oklo Inc.) ▲ +14.77% at $48.42 on 18.9M shares — Oklo (OKLO) Q2 2026 Earnings Call Transcript (Motley Fool)
- SOUN (SoundHound AI, Inc.) ▲ +13.28% at $8.02 on 64.5M shares — SoundHound Jumps 26% as AI Growth Accelerates (GuruFocus.com)
Most active by volume
| # | Ticker | Price | Change | Volume |
|---|---|---|---|---|
| 1 | SPCX | $133.11 | +15.83% | 235.2M |
| 2 | TTD | $13.80 | -21.90% | 132.9M |
| 3 | NVDA | $223.96 | +2.27% | 104.7M |
| 4 | ONDS | $9.11 | +4.23% | 72.5M |
| 5 | PLTR | $172.01 | +10.32% | 76.2M |
| 6 | BTG | $5.03 | +22.98% | 69.2M |
| 7 | INTC | $101.65 | +1.84% | 74.3M |
| 8 | DOCS | $27.40 | +32.62% | 63.6M |
| 9 | SOUN | $8.02 | +13.28% | 64.5M |
| 10 | PATH | $15.05 | +7.50% | 61.1M |
| 11 | MARA | $10.09 | -5.26% | 56.1M |
| 12 | CDE | $17.39 | +11.12% | 49.8M |
| 13 | SOFI | $18.38 | +1.55% | 51.0M |
| 14 | EA | $209.70 | +0.00% | 48.4M |
| 15 | NOK | $9.36 | -0.74% | 48.3M |
| 16 | PLUG | $2.18 | +5.31% | 53.4M |
| 17 | NU | $13.84 | -1.98% | 45.0M |
| 18 | CIFR | $17.18 | -5.66% | 44.2M |
| 19 | RKT | $13.72 | +3.78% | 41.9M |
| 20 | WULF | $17.08 | -3.04% | 39.6M |
| 21 | DV | $13.21 | +12.81% | 37.2M |
| 22 | HL | $16.85 | +6.24% | 36.3M |
| 23 | PFE | $26.76 | +2.14% | 36.1M |
| 24 | TSLA | $328.58 | +2.83% | 38.8M |
| 25 | AAL | $15.94 | -0.56% | 35.1M |
Market data from Yahoo Finance; insider data from SEC EDGAR Form 4. For research only — not investment advice. Verify on the official source before trading.
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