{"id":10337,"date":"2025-09-10T16:23:06","date_gmt":"2025-09-10T16:23:06","guid":{"rendered":"https:\/\/bitunikey.com\/news\/sp-500-jumps-on-ppi-data-release-oracle-stock-soars\/"},"modified":"2025-09-10T16:23:10","modified_gmt":"2025-09-10T16:23:10","slug":"sp-500-jumps-on-ppi-data-release-oracle-stock-soars","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/sp-500-jumps-on-ppi-data-release-oracle-stock-soars\/","title":{"rendered":"S&amp;P 500 jumps on PPI data release, Oracle stock soars"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">U.S. stocks rose on Wednesday as investors reacted to new producer price index inflation data, and Oracle\u2019s stock soared on a strong revenue forecast.<\/p>\n<div id=\"cn-block-summary-block_50cba3e0bea30de61a3e0caac3635048\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>S&amp;P 500 jumped 0.5% as stocks amid the latest PPI report.<\/li>\n<li>Oracle shares jumped 40% and were on pace for biggest gains single-day gains since 1992.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>The S&amp;P 500 index jumped 0.5% in early trading while the Nasdaq Composite added 0.3%, with both indexes hitting fresh highs as bullish sentiment spread across risk asset markets.<\/p>\n<p>Although the Dow Jones Industrial Average declined amid continued underperformance of the blue-chip index, gains for the benchmark S&amp;P 500 buoyed buyers across the market.<\/p>\n<p>Bitcoin (BTC) climbed above $114k.<\/p>\n<h2 class=\"wp-block-heading\">PPI data helps S&amp;P 500 rise<\/h2>\n<p>Stocks rose as Wall Street reacted to the latest inflation reading, with producer price index data showing an encouraging decline in August.<\/p>\n<p>According to data from the Bureau of Labor Statistics, wholesale prices for August fell 0.1% over the month, versus economists\u2019 estimates of +0.3%. Core PPI, which excludes food and energy, also fell 0.1%. Analysts had forecast a 0.3% uptick.<\/p>\n<p>PPI coming in below economists\u2019 projections helped strengthen the upbeat sentiment that has pushed the S&amp;P 500 to record highs despite trade and geopolitical uncertainty. Traders view the PPI as a signal that the Federal Reserve will cut interest rates during its September meeting scheduled for next week.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">Oracle stock jumps 40% amid positive outlook<\/h2>\n<p>As the S&amp;P 500 climbed to a record high, one of the shining stocks on the day was Oracle, a global tech and cloud behemoth. The company\u2019s shares shot up 40% on Wednesday as the U.S.-based firm announced a major forecast on revenue in relation to its artificial intelligence business. <\/p>\n<p>Shares traded to highs of $341 and up <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2025\/09\/10\/oracle-stock-cloud-backlog-ai.html\" target=\"_blank\" rel=\"nofollow\">over 40%<\/a> as investors looked to clock Oracle\u2019s best single day performance since 1992. The company\u2019s market cap surpassed the $950 billion mark amid the price surge, with Oracle eyeing the $1 trillion market cap as stocks soared.<\/p>\n<p>Gains largely followed the cloud provider\u2019s report of remaining performance obligations. Notably, Oracle says it has $450 billion in RPO, more than twice Wall Street\u2019s expectation of around $180 billion.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>U.S. stocks rose on Wednesday as investors reacted to new producer price index inflation data, and Oracle\u2019s stock soared on a strong revenue forecast. Summary S&amp;P 500 jumped 0.5% as&hellip;<\/p>\n","protected":false},"author":1,"featured_media":9256,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-10337","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/10337","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=10337"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/10337\/revisions"}],"predecessor-version":[{"id":10338,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/10337\/revisions\/10338"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/9256"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=10337"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=10337"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=10337"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}