S&P 500 Reaches 6,550 Record High as Oracle Stock Jumps Over 35% on AI-Driven Cloud Backlog

New York, NY – The S&P 500 index has extended its remarkable rally, reaching a new record high of 6,550 points as of September 11, 2025. This surge marks an increase of over 35% since its April 2025 bottom, driven significantly by market expectations of impending interest rate cuts by the Federal Reserve. Simultaneously, technology giant Oracle Corporation ($ORCL) experienced an exceptional trading day, with its stock on track for its best performance since 1999.

The market's upward trajectory reflects growing optimism among investors, who are increasingly pricing in a more accommodative monetary policy from the Federal Reserve. Recent economic data, including an unexpected decline in the Producer Price Index (PPI) for August and revised labor market figures indicating a weakening job market, have bolstered expectations for a rate cut as early as next week's Fed policy meeting. This sentiment has fueled a broad market rally, pushing major indices to new highs.

Oracle's substantial stock surge, reported to be over 35% in a single day, is primarily attributed to its robust performance and optimistic outlook in the burgeoning artificial intelligence (AI) sector. The company recently reported a massive backlog of $455 billion, representing a 359% year-over-year increase, following the signing of four multi-billion-dollar cloud deals in its fiscal first quarter of 2026. This includes a reported $300 billion cloud computing deal with OpenAI, highlighting Oracle's pivotal role in supporting AI infrastructure.

Company executives project that cloud revenue will soar from an estimated $18 billion this fiscal year to $144 billion by 2030, significantly surpassing previous Wall Street forecasts. This strong guidance, despite some weaker-than-expected fiscal first-quarter earnings, has positioned Oracle as a key beneficiary of the intense demand for AI-related computing power. The impressive gain underscores the significant capital flowing into companies enabling the AI boom, with Oracle's co-founder Larry Ellison seeing a substantial increase in his net worth.

"BREAKING: The S&P 500 extends rally to a record 6,550, now up over +35% since the April 2025 bottom, as markets price-in rate cuts. Oracle stock, $ORCL, is on track for its best day since 1999," stated The Kobeissi Letter on social media.

The concurrent rise of the broader market and Oracle's historic single-day gain signals strong investor confidence in both the economic outlook and the continued expansion of AI-driven technology. Analysts are closely watching for further announcements from the Federal Reserve and Oracle's upcoming AI event, which is expected to unveil new services and provide more clarity on its strategic direction.