US Stock Market Live: Oracle Surges, Dow, S&P 500, Nasdaq Rise on Cooling Inflation
Live updates on US stocks as Oracle jumps, PPI inflation cools, and investors eye Fed rate cuts, tech gains, and corporate earnings.
US stocks opened higher as investor optimism returned to markets, driven by strong corporate forecasts and easing inflation concerns. Futures for the S&P 500 and Nasdaq 100 rose following record-setting closes earlier this week, while the Dow Jones Industrial Average remained relatively flat, reflecting its lighter exposure to technology stocks.
Oracle shares surged in premarket trading after the company projected a significant increase in cloud revenue, fueled by substantial AI-related bookings from major clients. Despite a slight miss on quarterly earnings, the upbeat guidance sparked excitement across the tech sector, highlighting investor confidence in the accelerating adoption of AI infrastructure.
Wholesale inflation data came in much cooler than expected, with producer prices declining month-over-month instead of rising as anticipated. The year-over-year Producer Price Index also came in lower than forecasts. These readings set the stage for the upcoming Consumer Price Index release, providing important signals for the Federal Reserve ahead of its next policy meeting.
Labor market data has also been closely watched by investors. Recent revisions to U.S. job numbers indicated weakness, reinforcing expectations that the Fed could cut rates soon and supporting gains in the stock market.
In other developments, Governor Lisa Cook is expected to participate in the upcoming Fed decision after a court blocked former President Trump’s attempt to remove her. Trade tensions also remain in focus, with reports that Trump has urged the EU to join the U.S. in imposing tariffs on India and China to pressure Russia into engaging in negotiations over the Ukraine conflict.
Corporate earnings continued to influence market sentiment. GameStop shares rose after the company reported a more than 20% increase in quarterly revenue, highlighting continued strength in select retail and gaming sectors.
Key Moments
- Oracle shares jump 30% on strong AI-driven cloud revenue forecast.
- Wholesale inflation drops, fueling expectations of a Fed rate cut.
- Labor market data shows weakness, supporting investor optimism.
- GameStop reports 20% quarterly revenue rise, boosting retail stocks.
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10 Sep 2025 10:55 AM
Nvidia and Chip Stocks Rise After Oracle Increases Spending ForecastNvidia (NVDA) shares climbed nearly 4% after Oracle announced it would spend more on cloud infrastructure next year and gave a higher revenue forecast.
Oracle plans to spend $35 billion in 2026, up from an earlier estimate of $25 billion, and expects its cloud business to grow from $18 billion this year to $144 billion by 2030.
The company relies heavily on Nvidia’s chips to power its cloud services for companies like OpenAI, Meta, and xAI. AMD (AMD), another chip supplier to Oracle, rose 3.4%, while Broadcom (AVGO) jumped over 9% as investors reacted positively to the news.
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10 Sep 2025 10:53 AM
Klarna Sets IPO Price at $40, Company Valued at $15 Billion
Swedish buy-now-pay-later firm Klarna (KLAR) is preparing to debut on the New York Stock Exchange after raising $1.37 billion in its initial public offering.
Shares were priced at $40 each, above the previously estimated $35–$37 range, highlighting strong demand from investors. This pricing gives Klarna a market value of roughly $15.1 billion based on its total shares outstanding.
Although this valuation is significantly below the $45.6 billion peak seen in 2021 following SoftBank’s investment, it represents a notable recovery from the $6.7 billion valuation during the company’s 2022 private funding round, when the payments industry was under pressure.
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10 Sep 2025 09:53 AM
Nasdaq and S&P 500 Open Higher as Oracle Shares Jump
U.S. stocks rose at Wednesday’s open, with the S&P 500 and Nasdaq Composite both up 0.4% following record closes. The Dow Jones Industrial Average, which has fewer technology stocks, dipped slightly below the flatline.
The gains were driven in part by Oracle’s earnings report, which included a strong revenue forecast. Oracle shares climbed more than 30% in early trading, helping lift tech-heavy indexes.
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10 Sep 2025 09:51 AM
Stock Futures Rise After Lower Inflation Strengthens Case for Fed Rate Cut
U.S. stock futures for the S&P 500, Dow, and Nasdaq climbed in early trading after August wholesale inflation came in below expectations. The data increased expectations that the Federal Reserve will reduce interest rates next month.
Treasury yields fell, with the 10-year note sliding to 4.07%. Traders are now pricing in about a 90% chance of a 0.25% rate cut, while the likelihood of a larger 0.50% cut has risen to 10%, up from 7% the previous day.
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10 Sep 2025 09:49 AM
Wholesale Prices Drop in August, Coming in Below Expectations
Wholesale inflation in the U.S. cooled in August, surprising economists who had expected prices to rise. The Producer Price Index (PPI), which measures the cost of goods and services at the producer level, fell 0.1% compared with July.
Over the past year, wholesale prices increased 2.6%, lower than the anticipated 3.3% and down from July’s 3.3% gain. The slowdown was mainly due to a small drop in service costs, while the prices of goods edged slightly higher.
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10 Sep 2025 09:47 AM
Chewy Shares Drop After Profit Decline
Chewy (CHWY) stock fell 9% on Wednesday after the online pet retailer reported a drop in quarterly profits compared to last year. The company posted earnings of $0.14 per share, in line with analyst expectations, but down from $0.68 per share in the same quarter last year.
The decline was attributed to higher share-based compensation costs and related taxes.
Revenue grew 8.6% year-over-year to $3.1 billion, slightly above forecasts, and Chewy reported 20.9 million active customers. Net sales per active customer rose 4.6% to $591, showing steady demand despite the profit drop.
