
On September 4, 2026, major tech stocks including TurboGen Ltd., Pasqal Holding, Guidewire Software, eGain Corporation, and Lululemon Athletica saw significant declines. Newly listed companies TurboGen and Pasqal experienced sharp post-listing volatility, while Guidewire, eGain, and Lululemon dropped due to cautious or weaker-than-expected earnings forecasts. The broader market also fell after a strong employment report raised expectations for another interest rate hike. These factors combined to create a challenging trading day, especially for speculative and tech stocks.