AI Stocks Rally, Oracle Rockets On Best Day Since 1992: What's Moving Markets Wednesday?

Author: Piero Cingari | September 10, 2025 01:34pm

AI-linked stocks rallied Wednesday, fueled by investor optimism that artificial intelligence will power earnings growth after Oracle Corp. (NYSE:ORCL) revealed a massive backlog of AI-related orders.

Oracle shares skyrocketed more than 40% – the company’s strongest single-day rally since December 1992 – despite missing Wall Street forecasts on both revenue and earnings last quarter. Investors instead focused on the company's multi-cloud database business, which exploded 1,529% year-over-year thanks to partnerships with Amazon.com Inc. (NASDAQ:AMZN), Alphabet Inc. (NASDAQ:GOOGL) and Microsoft Corp. (NYSE:MSFT).

The rally pushed Oracle closer to the rarefied $1 trillion market cap club, making it the ninth most valuable U.S. company, right behind Tesla Inc. CEO Larry Ellison's fortune swelled by more than $100 billion in a single session, lifting his net worth toward $400 billion — less than $40 billion shy of Elon Musk, who remains the world's wealthiest person.

The enthusiasm spilled over into the broader AI sector, with the Global X Artificial Intelligence & Technology ETF (NYSE:AIQ) climbing 1.5%, on track for a sixth consecutive gain and a new record highs.

Major indices also hit milestones, with the S&P 500 gaining 0.4% to a record above 6,545, while the Nasdaq 100 hovered just shy of fresh highs.

On the macro side, inflation data delivered another surprise. The Producer Price Index slipped 0.1% in August, defying expectations for a 0.3% increase. Wholesale inflation slowed sharply on a yearly basis as well, falling from 3.3% to 2.6%.

A 25-basis-point interest rate cut next week is now fully priced in. Treasury yields fell, with the 30-year dipping to 4.70%.

Commodities were higher: crude oil surged 2% above $63 per barrel after Poland said it shot down Russian drones violating its airspace, a move later confirmed by President Donald Trump who commented by saying “Here we go.”

Gold gained 0.5% to $3,645 an ounce, while Bitcoin (CRYPTO: BTC) advanced 2% to $113,800.

Wednesday’s Performance In Major US Indices, ETFs

Major Indices	Price	1-day %
• S&P 500	6,541.48	0.4%
• Nasdaq 100	23,902.07	0.3%
• Russell 2000	2,378.65	-0.1%
• Dow Jones	45,542.01	-0.4%

According to Benzinga Pro data:

• The Vanguard S&P 500 ETF (NYSE:VOO) rose 0.4% to $600.34.
• The SPDR Dow Jones Industrial Average (NYSE:DIA) slipped 0.4% to $456.16.
• The tech-heavy Invesco QQQ Trust Series (NASDAQ:QQQ) rose 0.2% to $581.75.
• The iShares Russell 2000 ETF (NYSE:IWM) held steady at $236.68.
• The Technology Select Sector SPDR Fund (NYSE:XLK) outperformed, up 2.1%; the Consumer Staples Select Sector SPDR Fund (NYSE:XLP) lagged, down 1.2%.

S&P 500’s Top 5 Gainers

Name	Chg %
Oracle Corporation	40.07%
Broadcom Inc. (NASDAQ:AVGO)	9.35%
Vistra Corp. (NYSE:VST)	8.75%
Constellation Energy Corp. (NASDAQ:CEG)	7.95%
NRG Energy, Inc. (NYSE:NRG)	5.94%

S&P 500’s Top 5 Losers

Name	Chg %
Synopsys, Inc. (NASDAQ:SNPS)	-34.54%
The Trade Desk, Inc. (NASDAQ:TTD)	-9.48%
Cadence Design Systems, Inc. (NASDAQ:CDNS)	-8.13%
EPAM Systems, Inc. (NASDAQ:EPAM)	-5.68%
Gartner, Inc. (NASDAQ:IT)	-5.55%

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Photo: Shutterstock

Posted In: $BTC AIQ AMZN AVGO CDNS CEG DIA EPAM GOOGL IT IWM MSFT NRG ORCL QQQ SNPS TTD VOO VST XLB