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Stocks Soar: Oracle and Opendoor Lead Market Surge

9/11/2025

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Story summary
  • Opendoor Technologies' stock rose 33.6% after Kaz Nejatian was appointed CEO, succeeding Carrie Wheeler.
  • Oxford Industries increased by 18.3% due to strong second-quarter earnings and lower tariff impacts.
  • Klarna's stock dipped 1% post-IPO, despite raising $1.37 billion and a 14% debut increase.
  • Alibaba shares climbed 2.6% following a $3.2 billion convertible note offering for cloud infrastructure.
  • Oracle's stock surged nearly 36%, its best performance since 1992, fueled by robust earnings and AI growth forecasts.