Story perspectives
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.
