Today At A Glance:

The S&P 500 closed at a fresh record for a second straight day and the Nasdaq edged to another record, while the Dow slipped as Apple’s post-event drop weighed on the price-weighted average. A cooler-than-expected wholesale inflation (PPI) print pulled Treasury yields down and kept a near-term Fed rate cut firmly in play. The day’s headline: Oracle erupted on massive AI-cloud contracts and a blowout backlog outlook, igniting sympathy bids across chips and data-center ecosystems. New-issue risk appetite looked healthy as Klarna (KLAR) popped in its NYSE debut. Under the surface, breadth was mixed: megacap tech steadied the tape while software lagged on Synopsys’ guidance cut and ad-tech pressure hit The Trade Desk.

Today’s Index Performance

• Dow Jones Industrial Average (^DJI) — The Dow opened today at 45,731.50 and closed today at 45,490.92, with the percentage change of −0.48%.
• S&P 500 (^GSPC) — The S&P 500 opened today at 6,550.29 and closed today at 6,532.04, with the percentage change of +0.30%.
• Nasdaq Composite — The Nasdaq opened today at 21,980.60 and closed today at 21,886.06, with the percentage change of +0.03%.

Gainers Of Note

• Oracle (NYSE: ORCL) – Enterprise software & cloud; surged ~35–40% on multibillion-dollar AI infrastructure deals and guidance pointing to $500B+ in future booked cloud revenue, fueling a historic market-cap jump.
• Klarna (NYSE: KLAR) – Buy-now-pay-later fintech; rose ~15% in its NYSE debut, pricing at $40 and opening above the range as BNPL demand and brand partnerships underpinned interest.
• Digital Realty (NYSE: DLR) – Data-center REIT; climbed ~6% as AI-driven compute demand kept data-center/power themes bid into the close.

Losers Of Note

• Synopsys (NASDAQ: SNPS) – Chip-design software; plunged ~30–35% after missing estimates and cutting outlook, citing softer design-IP sales and export restrictions.
• The Trade Desk (NASDAQ: TTD) – Ad-tech platform; fell ~10–12% on a Morgan Stanley downgrade and concerns about slowing CTV momentum and competitive pressures.
• Apple (NASDAQ: AAPL) – Consumer tech; slid ~1.5–3% in a “sell-the-news” move following its iPhone event, pressuring the Dow.

Active Traders Of Note

• GameStop (NYSE: GME) – Specialty retail/gaming; heavy volume after earnings beat, $500M+ in bitcoin holdings, and a special warrant dividend.
• BILL Holdings (NYSE: BILL) – SMB fintech automation; active on reports of a new Elliott activist stake following Starboard’s involvement.
• Nvidia (NASDAQ: NVDA) – AI/GPU bellwether; brisk turnover on Oracle-driven AI optimism lifting semiconductor peers.

Looking Forward:

All eyes turn to Thursday’s CPI to confirm the disinflation signal from PPI and calibrate odds of a September 17 rate cut; a benign read likely keeps risk appetite intact. Follow-through in AI infrastructure (cloud capacity, power, and data centers) could keep leadership concentrated—even as stretched valuations raise sensitivity to headlines.

Note: The stock performance summaries are based on general trends observed over the past ten trading days and are not indicative of future results.

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