Market

September 11, U.S. stocks opened broadly higher as the Dow Jones gained 0.97%, the S&P 500 rose 0.85% and the Nasdaq advanced 0.79%, with upbeat tech sentiment and steady Treasury yields supporting risk appetite.

Gainers led early action: Oracle climbs 6.79% on robust cloud results, Bloom Energy Corp adds 4.44% after hydrogen deal news, Lumentum rallies 3.21% on upbeat photonics demand, Direxion Daily Semiconductors Bull 3x Shares rises 3.00% alongside chip strength, and Marvell Technology advances 2.70%. On the downside, Direxion Daily Semiconductors Bear 3x Shares falls 3.06% and Adobe slips 0.83% after a broker downgrade.

Among secondary names, Future FinTech Group Inc. skyrockets 56.09%, China SXT Pharmaceuticals surges 13.47%, SOS Limited jumps 10.10%, Tantech spikes 7.75%, and Yunji gains 6.81% amid retail-driven momentum, while Antelope Enterprise Holdings Limited slides 15.20% and Golden Heaven Group Ltd. drops 11.36%.

News

Oracle beats forecasts and lifts guidance. The company reported stronger-than-expected cloud revenue and raised its fiscal outlook, driving the shares up 6.79% in early trading.

Bloom Energy Corp lands major hydrogen hub contract. Management confirmed a multiyear supply deal for solid-oxide electrolyzers, sparking a 4.44% jump and reigniting interest in clean-energy names.

Lumentum issues upbeat preliminary results. The optical-networking firm said fiscal first-quarter revenue will exceed prior guidance on strong AI datacenter demand, sending the stock up 3.21%.

Micron Technology increases capital spending. The memory maker said it will accelerate high-bandwidth product capacity to meet surging AI needs, helping lift shares 0.97% and fueling a broader semiconductor rally.

Meta Platforms, Inc. unveils new generative-AI assistant. The feature will roll out across Facebook and Instagram, bolstering engagement expectations and nudging the stock 1.44% higher.

Adobe cut to neutral at a major broker. Analysts cited rising competitive pressures in creative software, and shares dipped 0.83% despite broader tech strength.

Tesla Motors faces fresh NHTSA probe. Regulators opened an investigation into Autopilot-related crashes, and the stock eased 0.26% as investors weighed potential liabilities.

Federal Reserve official signals patience on rate cuts. Remarks emphasizing data dependence calmed inflation fears, helping support morning equity gains and modestly lowering Treasury yields.

U.S. Energy Department awards $4 billion in solar manufacturing tax credits. Beneficiaries such as Canadian Solar gained on expectations of improved project economics.

NVIDIA showcases next-generation GPU for AI workloads. Early benchmarks show major performance gains, lifting the stock 0.82% and adding momentum to the semiconductor sector.