Oracle(US:ORCL) Benzinga·2025-09-10 17:34Core Viewpoint - Investor optimism surrounding artificial intelligence (AI) has led to a significant rally in AI-linked stocks, particularly following Oracle Corp.'s announcement of a substantial backlog of AI-related orders [1] Company Performance - Oracle shares surged over 40%, marking the company's strongest single-day performance since December 1992, despite missing Wall Street's revenue and earnings forecasts [2] - The company's multi-cloud database business experienced a remarkable year-over-year growth of 1,529%, driven by partnerships with Amazon, Alphabet, and Microsoft [2] - Oracle is now approaching a market capitalization of $1 trillion, positioning it as the ninth most valuable company in the U.S., just behind Tesla [3] Market Impact - The enthusiasm for AI stocks extended to the broader AI sector, with the Global X Artificial Intelligence & Technology ETF increasing by 1.5%, aiming for a sixth consecutive gain and new record highs [4] - Major indices also reached significant milestones, with the S&P 500 rising 0.4% to a record above 6,545, while the Nasdaq 100 remained close to fresh highs [4] Macro Economic Factors - Recent inflation data showed the Producer Price Index decreased by 0.1% in August, contrary to expectations of a 0.3% increase, with wholesale inflation dropping from 3.3% to 2.6% year-over-year [5] - A 25-basis-point interest rate cut is now fully anticipated, leading to a decline in Treasury yields, with the 30-year yield falling to 4.70% [5] Commodity Performance - Crude oil prices rose by 2% to above $63 per barrel following geopolitical tensions, while gold increased by 0.5% to $3,645 per ounce, and Bitcoin advanced by 2% to $113,800 [6]