Investor sentiment is taking a hit this afternoon
The Dow Jones Industrial Average (DJI) is suffering a more than 500-point setback this afternoon, dragged lower by grim geopolitical sentiment and a surge in crude prices. West Texas Intermediate (WTI) front-month oil was last seen just shy of $93 per barrel, extending its longest rally since its seven-session run in March, pressuring the Nasdaq Composite Index (IXIC) and S&P 500 Index (SPX) notably lower.
Continue reading for more on today's market, including:
- Government grant sends Rigetti Computing stock surging.
- Quantum stock's call options pop after full-year outlook update.
- Plus, options traders circle BILI; one of the best NYSE performers and one of the worst.
Bilibili Inc (NASDAQ:BILI) stock is 4.8% higher to trade at $15.96 this afternoon, after pricing an unregistered sale of nearly 7 million Hong Kong-listed shares. BILI is attempting to pivot off Friday's low of $15.16 and has shed 39% over the past six months. Options traders are circling in response, with 14,000 calls and 13,000 puts across the tape so far. Seeing the most action is a spread across the December 2027 18 call and put.
One of the best stocks on the New York Stock Exchange (NYSE) today is Bloom Energy Corp (NYSE:BE), trading up 7.4% at $271.66, after news broke that the energy giant will join the S&P 500 on Sept. 21. BE is headed for a fifth-straight daily pop and sports a 215% year-to-date gain.
Meanwhile, UiPath Inc (NYSE:PATH) is down 14.5% at $8.65, one of the worst NYSE performers despite receiving a price-target hike from Barclays to $17 from $14. The equity is looking to extend Friday's bear gap, today testing the $14 floor as support. PATH has shed 13% so far in 2026.
