U.S. producer inflation cooled sharply in August, reversing July's spike and fueling hopes for Federal Reserve rate cuts as Wall Street sets new <a href="https://www.benzinga.com/markets">record-breaking highs. </a>



The Producer Price Index dropped 0.1% in August, marking the third monthly decline in 2025 and a sharp turnaround from July's downwardly revised 0.7% gain. Analysts had expected a 0.3% increase, making the latest reading a notable miss.



On a yearly basis, producer inflation slowed from 3.3% to 2.6%, coming in well below consensus expectations for no change. The figures suggest inflationary pressures at the production level are easing more rapidly than anticipated.



Excluding volatile food and energy categories, the core PPI also fell 0.1% month-over-month, sharply cooling from a 0.9% increase in July and missing forecasts of a 0.3% rise. Annually, the core PPI dropped from 3.4% to 2.8%, defying expectations for an increase to 3.5%.



Bureau of Labor Statistics indicates that the decline in August's final demand index largely stems from a 0.2% drop in prices for final demand services. Roughly 75% of that decrease is tied to a 3.9% plunge in margins for machinery and vehicle wholesaling.



Traders now fully anticipate a 25-basis-point rate cut at the Federal Open Market Committee meeting next week.



Futures markets also reflect near-total certainty that the Fed will deliver three quarter-point rate cuts before the end of 2025, a shift from prior expectations of just two.



<h2 class="wp-block-heading">S&amp;P 500, Nasdaq 100 Set For Fresh Highs</h2>



As of 8:45 a.m. ET, equity markets were higher in premarket trading in response to the cooler inflation print and rising bets for monetary easing.



The S&amp;P 500 – as tracked by the Vanguard S&amp;P 500 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VOO#NYSE">VOO</a>) – is on track to open at 6,550, which would be a fresh all-time high for the index, up 0.53%.



The Nasdaq 100 is set to open at 23,992, also a record, with a gain of 0.64%. The Dow Jones Industrial Average is hovering just above 45,700, up slightly by 0.03%, also flirting with new historical highs.



Oracle Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>) emerged as the top premarket performer, soaring 32% in early trading. This puts the stock on pace for its strongest session since June 1999.



Despite missing Wall Street's forecasts for revenue and earnings, the company revealed a surge in its backlog of contracted work. That backlog is tied to growing demand for cloud-based AI servers, signaling strong momentum in enterprise artificial intelligence infrastructure.



Read Next:



<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/economic-data/25/09/47582717/jobs-revisions-employment-donald-trump-interest-rates-fed-independence">Trump Slams Fed After Historic Jobs Revision—Is It &#8216;Too Late&#8217; To Fix It?</a></li>
</ul>



Photo: Shutterstock

Econ #s

Federal Reserve

ORCL

Producer Inflation Tumbles–And Wall Street Sets New Record Highs

Taiwan Semiconductor Manufacturing Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>) stock gained on Wednesday after reporting <a href="https://www.benzinga.com/topic/artificial-intelligence" target="_blank" rel="noreferrer noopener">August 2025 sales figures</a> bearing testimony to the continued artificial intelligence frenzy.



The contract chipmaker <a href="https://pr.tsmc.com/english/news/3258">reported</a> monthly consolidated revenue of 335.77 billion New Taiwanese dollars, up 3.9% from July and 33.8% from a year earlier. 



From January to August 2025, revenue reached 2.43 trillion New Taiwanese dollars, rising 37.1% year-over-year.



Also Read: <a target="_blank" href="https://www.benzinga.com/markets/tech/25/09/47543305/taiwan-semiconductor-analysts-expect-minimal-risk-from-nanjing-plant-setback" rel="noreferrer noopener">Taiwan Semiconductor Analysts Expect Minimal Risk From Nanjing Plant Setback</a>



Taiwan Semiconductor shares have risen more than 27% year-to-date, significantly outperforming the S&amp;P 500 Index's 11% gain.



Industry forecasts point to continued growth in semiconductor spending. Semiconductor Equipment and Materials International projects <a href="https://www.benzinga.com/markets/tech/25/09/47573796/taiwan-semiconductor-stock-climbs-as-ai-boom-fuels-record-equipment-investments-and-global-chip-growth">global equipment sales</a> will climb 7.4% to $125.5 billion in 2025, with a further 10% rise expected in 2026, fueled by AI and high-performance computing. 



Taiwan alone could see equipment investment surge 70% to $28 billion, driven by GPUs, memory chips, and advanced packaging technologies.



Taiwan Semiconductor remains a critical partner for AI-focused companies, particularly Nvidia (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), as technology giants including Microsoft (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) and Meta Platforms (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) expand their AI infrastructure.



Six Wall Street analysts set a consensus price forecast of $212.80 for Taiwan Semiconductor. The three most recent ratings, Needham on July 17, Susquehanna on July 14, and Needham again on July 1, gave an average forecast of $268.33, implying a 4.28% upside from those calls.



Price Action: TSM stock is trading higher by 2.46% to $257.10 premarket at last check Wednesday.



Read Next:



<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/tech/25/09/47500469/asml-explores-india-as-geopolitical-risks-threaten-china-business" target="_blank" rel="noreferrer noopener">ASML Explores India As Geopolitical Risks Threaten China Business</a></li>
</ul>



Photo via Shutterstock

News

Movers

Tech

MSFT

NVDA

Taiwan Semiconductor Extends Growth Streak With Strong August Sales

CNBC&#8217;s Jim Cramer is attributing Oracle Corp.&#8216;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>) monumental $455 billion backlog to the &#8216;Stargate&#8217; AI infrastructure project, questioning the 359% surge in the pipeline on a social media post.



Check out <a href="https://www.benzinga.com/quote/ORCL">ORCL&#8217;s stock price here.</a>



<h2 class="wp-block-heading">Cramer Weighs On Oracle Trade</h2>



In a series of posts on X, Cramer expressed astonishment at the market&#8217;s reaction and Oracle&#8217;s business pipeline. &#8220;Trying to figure out how much of that backlog for Oracle is <a href="https://www.benzinga.com/etfs/sector-etfs/25/01/43135764/trumps-500-billion-stargate-ai-plan-puts-3-etfs-in-focus">Stargate</a> because I don't know who else would be placing those orders,&#8221; he wrote. 



He also noted what he described as &#8220;panic buying&#8221; in the stock, <a href="https://x.com/jimcramer/status/1965529848694407211">stating</a>, &#8220;Jeez there is panic buying in Oracle like I have never seen in a big cap stock. I wonder how heavy the short position is!!!&#8221;



His commentary suggests that the sheer scale of Oracle&#8217;s newly signed contracts points toward a mega-deal, with the Stargate venture being the most likely candidate.



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Trying to figure out how much of that backlog for Oracle is Stargate because i don&#39;t know who else would be placing those orders.&mdash; Jim Cramer (@jimcramer) <a href="https://twitter.com/jimcramer/status/1965551308695634246?ref_src=twsrc%5Etfw">September 9, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



See Also: <a href="https://www.benzinga.com/25/01/43111153/nvidia-and-ai-stock-rises-as-trump-announces-500-billion-stargate-ai-infrastructure-venture">Nvidia, AI Stocks Rise As Trump Announces $500 Billion Stargate AI Infrastructure Venture </a>



<h2 class="wp-block-heading">Backlog To Soon Exceed Half-A-Trillion Dollars</h2>



His comments follow Oracle&#8217;s stock soaring 28.36% in after-hours trading, despite the company narrowly <a href="https://www.benzinga.com/markets/earnings/25/09/47583099/oracle-stock-soars-despite-missing-q1-estimates-heres-why">missing Wall Street&#8217;s first-quarter</a> revenue and earnings estimates. The market&#8217;s enthusiastic response was fueled entirely by the company&#8217;s massive future revenue pipeline. &#8211;



Oracle&#8217;s first-quarter report revealed earnings of $1.47 per share and revenue of $14.92 billion, both slightly below analyst expectations. However, investors looked past the miss, focusing instead on the company&#8217;s Remaining Performance Obligations (RPO), a measure of future contracted revenue.



The RPO surged an incredible 359% to $455 billion. Oracle CEO Safra Catz confirmed the source of the growth, stating, &#8220;We signed four multi-billion-dollar contracts with three different customers in the first quarter.&#8221;



She added that the RPO is &#8220;likely to exceed half-a-trillion dollars&#8221; in the coming months, signaling a period of explosive growth for its cloud infrastructure division.



<h2 class="wp-block-heading">What Is The Stargate Project?</h2>



The <a href="https://www.benzinga.com/25/01/43111153/nvidia-and-ai-stock-rises-as-trump-announces-500-billion-stargate-ai-infrastructure-venture">Stargate project</a>, announced by Donald Trump in January this year, which underpins Cramer&#8217;s speculation, is a massive joint venture between Oracle, OpenAI, and SoftBank. 



The collaboration aims to invest up to $500 billion in building a vast network of AI data centers across the United States, positioning Oracle&#8217;s cloud infrastructure as a critical component for the future of artificial intelligence.



This venture would require enormous cloud computing resources, aligning with the unprecedented scale of Oracle&#8217;s reported backlog.



<h2 class="wp-block-heading">Price Action</h2>



Oracle advanced 1.27% on Tuesday and rose by 28.36% after-hours. The stock has gained 45.46% on a year-to-date basis and 54.92% over the year.



Benzinga&#8217;s Edge Stock Rankings indicate that ORCL maintains a stronger price trend in the short, medium, and long terms. However, the stock&#8217;s growth ranking was relatively moderate at the 65.88th percentile. Additional performance details are <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-3/#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">available here.</a>



<figure class="wp-block-image size-large"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-3/#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="1024" height="159" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/09/10031018/ORCL-EDGE-1024x159.png" alt="" class="wp-image-1064077" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/09/10031018/ORCL-EDGE-1024x159.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/09/10031018/ORCL-EDGE-300x47.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/09/10031018/ORCL-EDGE-768x119.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/09/10031018/ORCL-EDGE.png 1158w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>



The&nbsp;SPDR S&amp;P 500 ETF Trust&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and&nbsp;Invesco QQQ Trust ETF&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which track the S&amp;P 500 index and Nasdaq 100 index, respectively, rose on Tuesday. The SPY was up 0.23% at $650.33, while the QQQ advanced 0.28% to $580.51, according to&nbsp;<a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>&nbsp;data.



On Tuesday, the futures of the S&amp;P 500, Dow Jones, and Nasdaq 100 indices were trading mixed.



Read Next



<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/earnings/25/09/47583099/oracle-stock-soars-despite-missing-q1-estimates-heres-why">Oracle Stock Soars Despite Missing Q1 Estimates: Here&#8217;s Why </a></li>
</ul>



Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.



Photo courtesy: Jonathan Weiss / Shutterstock

Earnings

Earnings Misses

Equities

Guidance

Markets

Jim Cramer Says Oracle's $455 Billion Backlog Is Because Of Stargate Project: 'Who Else Would Be Placing Those Orders'

Editor&#8217;s Note: The future prices of benchmark tracking ETFs, the lede, and the latest economic releases were updated in the story.



U.S. stock futures were swinging on Wednesday following Tuesday&#8217;s advances. Futures of major benchmark indices were mixed.



The slight decrease in the August Producer Price final demand index was driven by a 0.2% decline in prices for final demand services. In contrast, the index for final demand goods moved up 0.1%.



Core inflation showed signs of persistence, as prices for final demand less foods, energy, and trade services rose 0.3% in August. For the 12 months ending in August, this core index increased 2.8%, its largest advance since March 2025.



Stocks reached new record highs on Tuesday, driven by <a href="https://www.benzinga.com/markets/economic-data/25/09/47573677/jobs-market-revision-2025-labor-voo-fed-interest-rates-nonfarm-payrolls">revised U.S. job figures</a> that showed a slowing labor market. This data strengthened investor confidence that the Federal Reserve will cut interest rates in September. 



Meanwhile, the 10-year Treasury bond yielded 4.08% and the two-year bond was at 3.54%. The CME Group's FedWatch <a href="https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html">tool</a>&#8216;s projections show markets pricing a 100% likelihood of the Federal Reserve cutting the current interest rates for the Sept. 17 decision. 



<figure class="wp-block-table is-style-stripes"><table class="has-fixed-layout"><tbody><tr><td>Futures</td><td>Change (+/-)</td></tr><tr><td>Dow Jones</td><td>-0.27%</td></tr><tr><td>S&amp;P 500</td><td>0.13%</td></tr><tr><td>Nasdaq 100</td><td>0.07%</td></tr><tr><td>Russell 2000</td><td>-0.36%</td></tr></tbody></table></figure>



The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which track the S&amp;P 500 index and Nasdaq 100 index, respectively, rose in premarket on Wednesday. The SPY was up 0.51% at $653.65, while the QQQ advanced 0.53% to $583.56, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a> data.



<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"><div class="wp-block-embed__wrapper">
<iframe loading="lazy" title="Stock Market Today: PPI, $AAPL, $ORCL In Focus" width="500" height="281" src="https://www.youtube.com/embed/_krP_30VhzA?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
</div></figure>



<h2 class="wp-block-heading">Cues From Last Session</h2>



Most sectors on the S&amp;P 500 closed on a positive note, with utilities, health care, and communication services stocks recording the biggest gains on Tuesday. However, materials and industrials stocks bucked the overall market trend, closing the session lower. This broad strength led U.S. stocks to settle higher, with all three major indices closing at record highs.



The Bureau of Labor Statistics removed 911,000 nonfarm payroll jobs from its count between April 2024 and March 2025, indicating the labor market had been cooling far earlier than many on Wall Street had anticipated.



Markets briefly dipped in the wake of the data release. Yet, major U.S. equity indices showed some recovery by midday in New York as the sharp downward revision in payrolls further strengthens the case for the Federal Reserve to begin cutting interest rates.



UnitedHealth Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNH#NYSE">UNH</a>) jumped more than 8% on Tuesday after the health care giant offered an upbeat assessment of its Medicare Advantage business.



The Dow Jones index ended 196 points or 0.43% higher at 45,711.34, whereas the S&amp;P 500 index rose 0.27% to 6,512.61. Nasdaq Composite advanced 0.37% to 21,879.49, and the small-cap gauge, Russell 2000, tumbled 0.55% to end at 2,381.82.



<figure class="wp-block-table is-style-stripes"><table class="has-fixed-layout"><tbody><tr><td>Index</td><td>Performance (+/-)</td><td>Value</td></tr><tr><td>Nasdaq Composite</td><td>0.37%</td><td>21,879.49</td></tr><tr><td>S&amp;P 500</td><td>0.27%</td><td>6,512.61</td></tr><tr><td>Dow Jones</td><td>0.43%</td><td>45,711.34</td></tr><tr><td>Russell 2000</td><td>-0.55%</td><td>2,381.82</td></tr></tbody></table></figure>



<h2 class="wp-block-heading">Insights From Analysts</h2>



Market analysts are optimistic about the future of equities, though their strategies for capturing gains differ, with some focusing on historical U.S. market trends and others on selective global opportunities.



Analysts at LPL Financial believe the U.S. stock market has more room to run, arguing that its recent performance is simply &#8220;following the playbook&#8221;. After recovering from significant selloffs, historical data show that more gains are likely. According to a study by the firm, the S&amp;P 500 has delivered average gains of 16.2% in the 12 months following a recovery from a market correction.



&#8220;It takes a lot to derail a bull market that has broken out to new highs,&#8221; wrote Jeffrey Buchbinder, LPL&#8217;s Chief Equity Strategist. The current bull market, which started in October 2022, has gained about 81%.



This is well below the historical average cumulative gain of 168% for bull markets, suggesting its run is not over. LPL sees several potential catalysts to push stocks higher, including &#8220;strong AI-fueled growth in corporate profits&#8221; and a resilient U.S. economy that is expected to avoid a recession.



Strategists at the BlackRock Investment Institute are also constructive but emphasize a granular approach, with a particular focus on emerging markets (EMs). They identify three key drivers for EM assets this year: a weaker U.S. dollar, a broadly stable macro environment, and the impact of &#8220;mega forces&#8221; like AI and geopolitical fragmentation.



BlackRock advises that &#8220;selectivity across countries and sectors remains key&#8221;. The firm notes that the rewiring of global supply chains is benefiting countries like Mexico and Vietnam, while Taiwan and South Korea are major players in the AI semiconductor buildout.



Looking long-term, BlackRock holds a strategic overweight to emerging markets, citing the promise of nations like India, which can &#8220;leverage its younger population and growing digitization to scale into a cutting-edge digital economy&#8221;. While tactically neutral on broad EM equities, the firm is overweight U.S. stocks, agreeing that the AI theme provides near-term earnings support.



See Also: <a href="https://www.benzinga.com/money/how-to-trade-futures">How to Trade Futures</a> 



<h2 class="wp-block-heading">Upcoming Economic Data</h2>



Here's what investors will be keeping an eye on Wednesday;



<ul class="wp-block-list">
<li>The Producer Price Index for final demand edged down 0.1% in August, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today.</li>



<li>July&#8217;s wholesale inventories data will be released by 10:00 a.m. ET.</li>
</ul>



<h2 class="wp-block-heading">Stocks In Focus</h2>



<ul class="wp-block-list">
<li>Chewy Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHWY#NYSE">CHWY</a>) rose 3.92% in premarket on Wednesday ahead of its earnings report scheduled to be released before the opening bell. Analysts estimate earnings of 14 cents per share on revenue of $3.08 billion.</li>



<li>Daktronics Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DAKT#NASDAQ">DAKT</a>) advanced 3.67% as analysts expect it to report earnings of 25 cents per share on revenue of $213.41 million before the opening bell.</li>



<li>Oxford Industries Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OXM#NYSE">OXM</a>) was up 0.32% ahead of its earnings report scheduled to be released after the closing bell. Analysts estimate earnings of $1.18 per share on revenue of $410.85 million.</li>



<li>Synopsys Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SNPS#NASDAQ">SNPS</a>) plunged 20.17% after posting weaker-than-expected results for its third quarter after Tuesday's closing bell. The company also lowered its fiscal 2025 adjusted EPS guidance from a range of $15.11 to $15.19 to a new range of $12.76 to $12.80, versus the $15 estimate.</li>



<li>Oracle Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>) surged 28.86% despite missing estimates as its backlog soared by 359% to $455 billion.</li>



<li>GameStop Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GME#NYSE">GME</a>) jumped 8.01% following strong second-quarter earnings and a special dividend announcement.</li>



<li>Wearable Devices Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WLDS#NASDAQ">WLDS</a>) zoomed 68.65% following the release of first-half 2025 financial results that marked the company's commercial debut with its AI-powered Mudra Link wristband.</li>



<li>Cuprina Holdings Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CUPR#NASDAQ">CUPR</a>) popped 254.70% following the announcement of exclusive licensing rights to the United Nations Industrial Development Organization and Global Environment Facility-validated medical waste recycling technology for Southeast Asia.</li>



<li>Asset Entities Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASST#NASDAQ">ASST</a>) skyrocketed by 101.75% after shareholders approved the company's transformational merger with Strive Enterprises Inc., an Ohio-based asset management firm.</li>



<li>Rubrik Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RBRK#NYSE">RBRK</a>) dropped 4.37% despite reporting second-quarter financial results that beat expectations and raising its full-year fiscal 2026 outlook</li>
</ul>



<h2 class="wp-block-heading">Commodities, Gold, And Global Equity Markets</h2>



Crude oil futures were trading higher in the early New York session by 1.07% to hover around $63.30 per barrel.



Gold Spot US Dollar rose 0.54% to hover around $3,645.78 per ounce. Its last record high stood at $3,674.09 per ounce. The U.S. Dollar Index spot was 0.02% higher at the 97.8100 level.



Asian markets closed higher as Australia's ASX 200, China&#8217;s CSI 300, Japan's Nikkei 225, Hong Kong's Hang Seng, India&#8217;s S&amp;P BSE Sensex, and South Korea's Kospi indices rose. European markets were higher in early trade.



Read Next:



<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/earnings/25/09/47588596/jim-cramer-says-oracles-455-billion-backlog-is-because-of-stargate-project-who-else-would-be-pla">Jim Cramer Says Oracle&#8217;s $455 Billion Backlog Is Because Of Stargate Project: &#8216;Who Else Would Be Placing Those Orders&#8217;</a></li>
</ul>



Photo courtesy: godongphoto / Shutterstock.com

Macro Notification

Market Summary

Futures

Commodities

Economics

Pre-Market Outlook

Trading Ideas

ASST

CHWY

CUPR

DAKT

RBRK

SNPS

WLDS

Stock Market Today: Dow Futures Slip, Nasdaq Rises As Producer Prices Edge Down 0.1% In August— Chewy, GameStop, Oracle In Focus (UPDATED)

On Tuesday, Palantir Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>) CEO Alex Karp strongly pushed back against claims the <a href="https://www.benzinga.com/markets/tech/25/06/45764231/palantir-says-it-doesnt-unlawfully-spy-on-americans-calls-report-alleging-use-by-trump-administration-for-surveillance-blatantly-untrue">company spies on U.S. citizens</a>, defending its platforms as among the hardest technologies in the world to abuse as its stock price and revenue surge.



<h2 class="wp-block-heading">Karp Pushes Back On Surveillance Claims</h2>



Speaking during an All-In Podcast conversation, David Sacks asked Karp whether Palantir runs large-scale surveillance on Americans.



In response, Karp replied firmly, saying, "We&#8217;ve never done anything like this. I&#8217;ve never done anything like this."



He added, "We are the single worst technology to use to abuse civil liberties, which is, by the way, the reason why we could never get the NSA or the FBI to actually buy our product."



Karp argued that Palantir's software uses immutable logs, serialization and deserialization that make it nearly impossible to secretly track individuals.



See Also:&nbsp;<a href="https://www.benzinga.com/personal-finance/25/05/45548604/these-are-the-most-expensive-high-schools-in-america-how-are-parents-affording-60k-a-year" target="_blank" rel="noreferrer noopener">These Are The Most Expensive High Schools In America — How Are Parents Affording $60K+ A Year?</a>



<h2 class="wp-block-heading">Addressing Criticism And Misconceptions</h2>



Karp said critics often misunderstand Palantir's products. "Any technology that works can be abused," but Palantir's products are built to be the "hardest in the world to abuse," he noted, urging skeptics to test the software themselves rather than trust speculation.



He also dismissed past accusations, saying that they were asked under a Democratic administration to build a Muslim database, which Palantir refused.



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Does Palantir Run Surveillance on Americans? CEO Alex Karp: NO! &quot;No, we are not surveilling.&quot; &quot;We&#39;ve never done anything like this. I&#39;ve never done anything like this.&quot;  &quot;We are the single worst technology to use to abuse civil liberties, which is, by the way, the reason why… <a href="https://t.co/bXEl4WkpXy">pic.twitter.com/bXEl4WkpXy</a>&mdash; The All-In Podcast (@theallinpod) <a href="https://twitter.com/theallinpod/status/1965528307530957111?ref_src=twsrc%5Etfw">September 9, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



<h2 class="wp-block-heading">NYT Report And Employee Dissent</h2>



His remarks follow a New York Times report from earlier this year that alleged that the Donald Trump administration used Palantir's Foundry platform to expand federal data sharing, raising privacy concerns over combining bank records, medical claims and student debt data.



Palantir called the report "blatantly untrue" and said Foundry includes granular safeguards.



Separately, 13 former employees signed a letter urging the company to cut ties with the Trump administration.



<h2 class="wp-block-heading">Revenue Growth And Stock Surge</h2>



Despite the scrutiny, Palantir's financial performance continues to climb. In <a href="https://www.benzinga.com/markets/earnings/25/08/46840353/palantir-q2-earnings-revenue-eps-beat-estimates-company-raises-guidance-citing-astonishing-impact-of-ai-leverage">the second quarter</a>, the company reported $1.004 billion in revenue, up 48% year-over-year and above analyst estimates.



It was Palantir's eighth consecutive quarter of beating Wall Street expectations.



U.S. revenue surged 68% to $733 million, driven by a 93% jump in commercial revenue and a 53% increase in government contracts. The company also raised full-year revenue guidance to about $4.15 billion, well above prior projections.



Shares of Palantir have soared more than 365% over the past 12 months and are up nearly 116% year-to-date, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.



Benzinga's Edge Stock Rankings show that while PLTR faces short-term volatility, it continues to demonstrate solid medium and long-term growth. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound'">More detailed performance insights can be found here</a>.



<figure class="wp-block-image aligncenter size-full"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound'"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/09/10033437/Screenshot-2025-09-10-at-12.33.39%E2%80%AFPM.png" alt="" class="wp-image-1064116"/></a></figure>



Read Next:



<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/tech/25/08/47235915/alibaba-unites-its-empire-to-fight-back-against-meituan" target="_blank" rel="noreferrer noopener">Alibaba Unites Its Empire To Fight Back Against Meituan</a></li>
</ul>



Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.



Photo courtesy: slyellow / Shutterstock.com

Politics

PLTR

Palantir CEO Alex Karp Denies Spying On Americans, Says Firm Has 'Worst' Tech To Abuse Civil Liberties

The CNN Money Fear and Greed index showed some improvement in the overall market sentiment, but the index remained in the &#8220;Neutral&#8221; zone on Tuesday.



U.S. stocks settled higher on Tuesday, with all three major indices closing at record highs during the session.



The Bureau of Labor Statistics removed 911,000 nonfarm payroll jobs from its count between April 2024 and March 2025, indicating the labor market had been cooling far earlier than many on Wall Street had anticipated.



Markets briefly dipped in the wake of the data release. Yet, major U.S. equity indices showed some recovery by midday in New York as the sharp downward revision in payrolls further strengthens the case for the Federal Reserve to begin cutting interest rates.



UnitedHealth Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNH#NYSE">UNH</a>) jumped more than 8% on Tuesday after the health care giant offered an upbeat assessment of its Medicare Advantage business.



Most sectors on the S&amp;P 500 closed on a positive note, with utilities, health care and communication services stocks recording the biggest gains on Tuesday. However, materials and industrials stocks bucked the overall market trend, closing the session lower.



The Dow Jones closed higher by around 196 points to 45,711.34 on Tuesday. The S&amp;P 500 rose 0.27% to 6,512.61, while the Nasdaq Composite gained 0.37% to 21,879.49 during Tuesday's session.



Investors are awaiting earnings results from Chewy Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHWY#NYSE">CHWY</a>), Daktronics Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DAKT#NASDAQ">DAKT</a>) and Oxford Industries Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OXM#NYSE">OXM</a>) today.



What is CNN Business Fear &amp; Greed Index?



At a current reading of 51.3, the index remained in the &#8220;Neutral&#8221; zone on Tuesday, versus a prior reading of 50.2.



The Fear &amp; Greed Index is a measure of the current market sentiment. It is based on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness.



Read Next: 



<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/trading-ideas/dividends/25/09/47569952/wall-streets-most-accurate-analysts-give-their-take-on-3-materials-stocks-delivering-high-dividend-yields-6">Wall Street&#8217;s Most Accurate Analysts Give Their Take On 3 Materials Stocks Delivering High-Dividend Yields</a></li>
</ul>



Photo via Shutterstock

US Stocks Settle At Record Highs: Investor Sentiment Improves, Fear & Greed Index Remains In 'Neutral' Zone

Poland&#8217;s armed forces intercepted and shot down Russian drones in its airspace on Wednesday morning, marking the first direct military engagement between a NATO member and Russian assets since the Ukraine conflict began in 2022.



The incident prompted airport closures and fighter jet scrambles as tensions escalated despite recent peace negotiations.



<h2 class="wp-block-heading">Polish Military Confirms Direct Engagement</h2>



Polish Armed Forces confirmed they deployed weapons to neutralize &#8220;drone-type objects that repeatedly violated&#8221; their airspace during Russia&#8217;s latest massive strike on Ukrainian regions bordering Poland, <a href="https://www.bbc.com/news/live/c2enwk1l9e1t">reported</a> BBC. The operational command stated that &#8220;weapons have been used, and operations are underway to locate the downed objects.&#8221;



Prime Minister Donald Tusk confirmed &#8220;multiple violations&#8221; of Polish airspace, maintaining constant contact with defense officials throughout the developing situation. The military placed ground-based air defense and radar systems at &#8220;highest state of readiness.&#8221;



See Also: <a href="https://www.benzinga.com/markets/economic-data/25/09/47582717/jobs-revisions-employment-donald-trump-interest-rates-fed-independence">Trump Slams Fed After Historic Jobs Revision—Is It &#8216;Too Late&#8217; To Fix It?</a>



<h2 class="wp-block-heading">NATO Response and Airport Shutdowns</h2>



Four major Polish airports, including Warsaw&#8217;s main Chopin Airport and strategically located Rzeszów-Jasionka Airport near Ukraine, suspended operations as Polish and allied aircraft secured the airspace, according to the report. The closures affected Warsaw Modlin and Lublin airports, with notices posted to the U.S. Federal Aviation Administration&#8217;s website.



<h2 class="wp-block-heading">Market Implications for Defense Contractors</h2>



The escalation comes as Ukraine reportedly <a href="https://www.benzinga.com/markets/macro-economic-events/25/08/47200389/ukraines-150-billion-commitment-to-buy-us-weapons-could-hand-rtx-lockheed-and-northrop-billions">promises to purchase $100 billion worth of American weapons</a>, potentially benefiting RTX Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RTX#NYSE">RTX</a>), Lockheed Martin Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>) and Northrop Grumman Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOC#NYSE">NOC</a>). The iShares U.S. Aerospace &amp; Defense ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ITA#BATS">ITA</a>) gained 36.41% year-to-date as defense spending increases.



Energy markets also <a href="https://www.benzinga.com/markets/macro-economic-events/25/08/47200389/ukraines-150-billion-commitment-to-buy-us-weapons-could-hand-rtx-lockheed-and-northrop-billions">responded to heightened tensions</a>, with the Energy Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLE#NYSE">XLE</a>) and iShares U.S. Energy ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IYE#NYSE">IYE</a>) climbing 2.24% and 3.28% respectively, as of Tuesday&#8217;s close amid supply concerns.



<h2 class="wp-block-heading">U.S. Congressional Response</h2>



Sen. Chris Murphy (D-CT)&nbsp;called the situation &#8220;incredibly serious,&#8221; while Rep.&nbsp;Joe Wilson&nbsp;(R-S.C.)&nbsp; termed Russia&#8217;s actions an &#8220;act of war,&#8221; urging President Donald Trump to impose mandatory sanctions to &#8220;bankrupt the Russian war machine,&#8221; according to the report. The incident occurred days after Trump hosted the Polish President, Karol Nawrocki at the White House.



Treasury Secretary Scott Bessent previously warned that &#8220;everything&#8217;s on the table&#8221; regarding additional sanctions following Russia&#8217;s intensified bombing campaign, calling Putin&#8217;s actions &#8220;despicable&#8221; after recent peace talks in Alaska.



Read Next: 



<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/macro-economic-events/25/09/47586789/trump-tariffs-face-legal-reckoning-as-supreme-court-grants-expedited-hearing">Trump Tariffs Face Legal Reckoning As Supreme Court Grants Expedited Hearing</a></li>
</ul>



Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.



Photo courtesy: paparazzza / Shutterstock.com

Global

Poland Shoots Down Russian Drones, First Direct NATO-Russia Clash Since Ukraine War Began

Oracle Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>) released its first-quarter results after Tuesday's closing bell. Here's a look at the <a href="https://www.benzinga.com/pressreleases/25/09/n47582411/oracle-announces-fiscal-year-2026-first-quarter-financial-results">details in the report. </a>



See what is driving the ORCL stock movement<a href="https://www.benzinga.com/quote/ORCL" target="_blank" rel="noreferrer noopener"> here.</a>



The Details: Oracle reported quarterly earnings of $1.47 per share, which missed the analyst consensus estimate of $1.48.



Quarterly revenue came in at $14.92 billion, which missed the Street estimate of $15.03 billion and is up from revenue of $13.3 billion from the same period last year.



Read Next:<a href="https://www.benzinga.com/trading-ideas/movers/25/09/47547279/opendoors-meme-stock-mania-gets-comedic-twist?utm_source=articleShare"> </a><a href="https://www.benzinga.com/markets/large-cap/25/09/47572461/unitedhealth-stock-climbs-on-reaffirmed-guidance-details">UnitedHealth Stock Climbs On Reaffirmed Guidance: Details</a>&nbsp;



&#8220;MultiCloud database revenue from Amazon, Google and Microsoft grew at the incredible rate of 1,529% in the first quarter,&#8221; said Oracle Chairman and Chief Technology Officer Larry Ellison.



&#8220;We expect MultiCloud revenue to grow substantially every quarter for several years as we deliver another 37 datacenters to our three Hyperscaler partners, for a total of 71,&#8221; Ellison added. 



Oracle reported the following first quarter figures:



<ul class="wp-block-list">
<li>Q1 Cloud Revenue (IaaS plus SaaS) $7.2 billion, up 27% in constant currency</li>



<li>Q1 Cloud Infrastructure (IaaS) Revenue $3.3 billion, up 54% in constant currency</li>



<li>Q1 Cloud Application (SaaS) Revenue $3.8 billion, up 10% in constant currency</li>



<li>Q1 Fusion Cloud ERP (SaaS) Revenue $1 billion, up 16% in constant currency</li>



<li>Q1 NetSuite Cloud ERP (SaaS) Revenue $ billion, up 15% in constant currency</li>
</ul>



&#8220;We signed four multi-billion-dollar contracts with three different customers in the first quarter,&#8221; said Oracle CEO Safra Catz.



&#8220;This resulted in RPO contract backlog increasing 359% to $455 billion. It was an astonishing quarter — and demand for Oracle Cloud Infrastructure continues to build. Over the next few months, we expect to sign up several additional multi-billion-dollar customers and RPO is likely to exceed half-a-trillion dollars,&#8221; Catz said.



Outlook: CEO Catz teased significant revenue growth in the quarters ahead. 



&#8220;As a bit of a preview, we expect Oracle Cloud Infrastructure revenue to grow 77% to $18 billion this fiscal year — and then increase to $32 billion, $73 billion, $114 billion, and $144 billion over the subsequent four years,&#8221; Catz said.



ORCL Stock Price: According to data from<a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw"> Benzinga Pro</a>, Oracle stock was up 20.60% at $241.51 in Tuesday's extended trading. 



Read Next:&nbsp;



<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/trading-ideas/movers/25/09/47547279/opendoors-meme-stock-mania-gets-comedic-twist?utm_source=articleShare">Opendoor&#8217;s Meme Stock Mania Gets Comedic Twist&nbsp;</a></li>
</ul>



Photo: Shutterstock&nbsp;

Large Cap

After-Hours Center

Oracle Stock Soars Despite Missing Q1 Estimates: Here's Why

Video game retailer GameStop Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GME#NYSE">GME</a>) reported second-quarter financial results Tuesday <a href="https://www.benzinga.com/earnings">after market close.</a>



Here are the key highlights.



What Happened: GameStop reported second-quarter net sales of $972.2 million, up from $798.3 million in the prior year's second quarter. The sales beat a Street consensus estimate of $823.2 million according to data<a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent090925&amp;t=be2bearmibe3na1"> from Benzinga Pro.</a>



Here's a breakdown of GameStop's sales by business segment, with the prior year in parentheses:



<ul class="wp-block-list">
<li>Hardware and Accessories: $592.1 million ($451.2 million)</li>



<li>Software: $152.5 million ($207.7 million)</li>



<li>Collectibles: $227.6 million ($139.4 million)</li>
</ul>



Software was down year-over-year, while Hardware and Collectibles saw growth in the quarter.



The company reported net income of $168.6 million, up from $14.8 million in the prior year's second quarter.



Earnings per share were 25 cents in the second quarter, beating a Street consensus estimate of 16 cents per share.



GameStop ended the quarter with $8.7 billion in cash and cash equivalents.



The company ended the quarter with Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) valued at $528.6 million. The company previously disclosed buying 4,710 Bitcoin in the first quarter.



Read Also: <a href="https://www.benzinga.com/trading-ideas/previews/25/09/47554153/gamestop-q2-preview-will-bitcoin-trading-cards-overshadow-video-game-business">GameStop Q2 Preview: Will Bitcoin, Trading Cards Overshadow Video Game Business?</a>



Special Dividend Announced: Along with quarterly financial results, GameStop also announced a special dividend to be paid to shareholders in the form of a warrant.



Each shareholder will receive one warrant for every 10 common shares they own, with holders as of Oct. 3, 2025, eligible.



The warrants are expected to be distributed on or around Oct. 7, 2025.



The company estimates around 59 million warrants will be distributed.



The warrants come with an exercise price of $32.00 and an expiration date of Oct. 30, 2026. Shareholders can exercise the warrants by paying the exercise price of $32 during the holding period.



GameStop said the warrants will be listed on the New York Stock Exchange with the ticker GME WS and freely tradable.



GameStop said the company could raise up to $1.9 billion in gross proceeds from the warrants. Proceeds are expected to be used for general corporate purposes and potential acquisitions.



"The transaction provides GameStop shareholders the option to participate in the Company's capital raising on a non-dilutive basis," the company said.



GME Price Action: GameStop stock is up 2.4% to $24.15 in after-hours trading versus a 52-week trading range of $19.31 to $35.81.



Read Next: 



<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/25/07/46448715/gamestop-ceo-is-not-scared-of-the-short-sellers-calls-it-un-american-to-bet-against-business-but-its-a-free-market" target="_blank" rel="noreferrer noopener">GameStop CEO Is ‘Not Scared Of The Short Sellers,' Calls It Un-American To Bet Against Business ‘But It's A Free Market'</a></li>
</ul>



Photo: Shutterstock

Cryptocurrency

Gaming

$BTC

GameStop Q2 Earnings: Double Beat, Special Dividend, $528 Million In Bitcoin Holdings

The stunning 911,000-job downward revision from the Bureau of Labor Statistics has prompted President Donald Trump to once again slam the Federal Reserve as dangerously behind the curve—questioning whether it's already too late <a href="https://www.benzinga.com/topic/federal-reserve">to fix the damage.</a>



In a post on Truth Social on Tuesday, Trump blamed the central bank for missing inflation and labor trends early in the post-COVID recovery.



"If the Fed had followed what we published, they would have raised rates in early 2021," Trump said. 



"The entire organization is broken. It needs to be fixed. They need to use modern sources of information."



Trump slammed Fed Chair Jerome Powell's dual-mandate framework—targeting both inflation and employment—as outdated, saying it's "too low, too rigid," and based on "data that's years delayed."



Trump also rejected billionaire Ken Griffin's defense of Fed independence, saying, "We think incompetence is more important than to defend theoretical independence."



Meanwhile, economists and investors are also scrambling to reassess the health of the U.S. labor market—and what it means for Federal Reserve policy. 



But as the dust settles, two sharply different interpretations are emerging.



<h2 class="wp-block-heading">&#8216;A Recipe For Disaster&#8217;</h2>



Venture capitalist and Social Capital CEO Chamath Palihapitiya backed Trump's criticism of the Federal Reserve.



&#8220;We're now firmly behind the curve and in the ‘too late' part of the cycle," Palihapitiya said on social media X.



He added that the Fed "doesn't really have a plan beyond an initial cut," calling for a total rethink of how the U.S. sets monetary policy.



He called for a complete overhaul of how U.S. monetary policy is set, urging a shift toward real-time, transparently published data.



In a separate post, he described the Fed as "woefully ill-equipped to set monetary policy in an economy as dynamic and complicated as the U.S. in 2025," adding that its reliance on "useless and wrong" data is a "recipe for disaster."



Just two days before the BLS revisions, Palihapitiya drew a sharp comparison to 2008. "The most egregious example was going into the GFC—they completely blew the jobs picture, stayed pat, and then had to scramble. Here we are again."



He argued that the BLS data is "too sterile and slow" to reflect a rapidly changing labor market, and warned that the Fed's outdated tools are leading to preventable policy mistakes.



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Now can we admit it? The Fed is woefully ill-equipped to set monetary policy in an economy as dynamic and complicated as the US in 2025. Add in their reliance on useless and wrong data and it's a recipe for disaster. <a href="https://t.co/nelFJBRkr0">https://t.co/nelFJBRkr0</a>&mdash; Chamath Palihapitiya (@chamath) <a href="https://twitter.com/chamath/status/1965424169883234503?ref_src=twsrc%5Etfw">September 9, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



<h2 class="wp-block-heading">&#8216;Topline Economy Has Done So Well&#8217;</h2>



Peter Williams, analyst at 22V Research, sees the data through a different lens. 



While he highlighted the scale of the payroll revision—calling it "much more pessimistic"—he also indicated that it doesn't fundamentally alter the broader picture of a resilient, albeit evolving, U.S. economy.



In a note shared Tuesday, he stated that most measures of labor market slack—such as jobless claims, spending data, and corporate earnings—were largely stable during the same time frame that the payroll data was overstated.



"It's important to remember what these revisions do not change: the household survey, tax withholding, jobless claims, or what corporations are reporting," Williams said.



"The topline economy has done well despite all the shocks," he added.



In his view, the payroll revisions reflect sector-specific realignments—particularly in wholesale trade, tech, and white-collar services—rather than systemic labor market weakness. 



The most substantial cuts were in leisure and hospitality, retail, and professional services, all sectors that had seen overheated hiring during and after the pandemic.



<h2 class="wp-block-heading">Wall Street Notches Record Highs Again</h2>



Despite all the noise surrounding the Fed and the state of the economy, Wall Street showed no signs of concern. 



The Dow Jones Industrial Average – as tracked by the SPDR Dow Jones Industrial Average (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>) – climbed 0.5% to close at a record 45,740 points. 



The S&amp;P 500 – tracked by the Vanguard S&amp;P 500 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VOO#NYSE">VOO</a>) – rose 0.24% to finish at 6,513 points, also marking a new all-time high. Meanwhile, the Nasdaq 100 – as replicated by the Invesco QQQ Trust, Series 1 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) – added 0.4%, ending the day at 23,850 points—underscoring just how resilient the market remains in the face of mounting policy uncertainty.



Read Next:



<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/etfs/specialty-etfs/25/09/47570622/bond-etf-zroz-rally-fed-rate-cuts-2025-september">This Bond ETF&#8217;s Wild Rally Echoes The Pandemic Market Chaos</a></li>
</ul>



Photo: Joey Sussman from Shutterstock

Analyst Color

Government

Broad U.S. Equity ETFs

Analyst Ratings

ETFs

Trump Slams Fed After Historic Jobs Revision—Is It 'Too Late' To Fix It?

On Tuesday at the "Awe Dropping" event, Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) unveiled its iPhone 17 lineup. As of this writing, Apple shares were down 1.36%, per <a href="https://www.benzinga.com/pro/">Benzinga Pro data</a>.



<h2 class="wp-block-heading">Everything You Need To Know About The Pro Models</h2>



iPhone 17 Pro &amp; 17 Pro Max: Apple has reworked the iPhone 17 Pro lineup, moving away from titanium in favor of a precision-machined aluminum unibody.



The new design incorporates a colorful oxide layer and features a full-width camera plateau that also houses antennas.



Ceramic Shield now protects both the front and back. The shift to aluminum also improves thermal performance, with 20 times greater conductivity than titanium and a new vapor chamber system to manage heat.



The iPhone 17 Pro and Pro Max run on the A19 Pro chip, also seen in the iPhone Air, and promise up to 40% better sustained performance than the iPhone 16 Pro.



Apple says the devices remain comfortable to hold despite the increased thermal management system, as heat is dissipated through the aluminum chassis.



Battery life sees significant gains, with the iPhone 17 Pro Max offering the longest runtime ever in an iPhone — up to 39 hours of video playback. eSIM-only models make room for larger batteries across the Pro lineup.



For the first time, the Pro models feature three 48MP Fusion cameras on the rear, covering wide, ultra-wide, and telephoto lenses. The system supports 1x, 2x, 4x, and 8x optical zoom, with the 4x lens tailored for portraits and nature photography and the 8x for extreme zoom shots with enhanced depth of field.



See Also: <a href="https://www.benzinga.com/markets/tech/25/09/47562774/peter-andersen-slams-apples-siri-and-ai-strategy-investor-warns-iphone-17-updates-no-substitute-for-real-innovation-an-embarrassment">Peter Andersen Slams Apple&#8217;s Siri And AI Strategy, Investor Warns iPhone 17 Updates No Substitute For Real Innovation: &#8216;An Embarrassment&#8217;</a>



Digital zoom extends to 40x for photos.



The front-facing camera matches the iPhone 17 and iPhone Air with an 18MP Center Stage sensor that automatically adjusts framing. Apple describes the setup as the equivalent of eight professional lenses in one device.



Video features have also expanded, with support for Dolby Vision HDR, 4K at 120fps, ProRes Log, ACES color workflows and Genlock for frame-by-frame synchronization across multiple cameras.



Apple also introduced new TechWoven cases made from multi-yarn textiles for a refined finish.



The Pro models are available in Silver, Deep Blue and Cosmic Orange.



Price: $1,099 for the iPhone 17 Pro and $1,199 for the Pro Max. The iPhone 17 Pro Max also offers a 2TB configuration.



<figure class="wp-block-image size-large"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/09/09142305/Screenshot-2025-09-09-at-11.39.09%E2%80%AFPM-1024x573.png" alt="" class="wp-image-1063215"/><figcaption class="wp-element-caption">Source: Apple</figcaption></figure>



<h2 class="wp-block-heading">iPhone 17 Has 6.3-Inch ProMotion Display, 48MP Dual-Fusion Camera</h2>



iPhone 17: Apple's base iPhone 17 debuts with a 6.3-inch ProMotion display offering adaptive refresh rates up to 120Hz, dropping to as low as 1Hz for the always-on lock screen that supports live activities and widgets.



The panel delivers 3,000 nits of peak outdoor brightness, the highest ever on an iPhone and features a seven-layer anti-reflective coating to reduce glare in bright conditions.



Durability gets a boost with Ceramic Shield 2, enhanced by an Apple-designed atomic-level coating that provides three times better scratch resistance.



Powering the device is the 3nm A19 Apple Silicon chip, which houses a 6-core CPU and 5-core GPU.



Apple also promised "all-day battery life," including eight additional hours of video playback <a href="https://www.benzinga.com/news/24/09/40780100/apple-intelligence-ready-iphone-16-with-faster-processor-dedicated-camera-button-announced-check-pri">compared to the iPhone 16</a> and a rapid-charging feature that delivers up to eight hours of video playback from just 10 minutes of charging.



On the imaging front, the iPhone 17 introduces a 48MP dual-fusion system that merges ultra-wide and main cameras, offering 13mm and 26mm focal lengths alongside a 2x optical-quality telephoto option at 52mm.



Everyday shooting defaults to 24MP, while the ultra-wide camera itself now gets a 48MP upgrade.



The front-facing camera has been rebranded as the Center Stage camera, equipped with an 18MP sensor that's nearly twice the size of its predecessor.



The new square sensor enables multiple composition options, eliminating the need to rotate the phone for landscape selfies. With AI-powered Center Stage, the camera can automatically adjust framing and expand the field of view depending on how many people are in the shot.



Video stabilization has also been improved, leveraging the same technology as the rear camera's action mode.



As expected, the iPhone 17 supports Apple Intelligence on iOS 26, unlocking features such as enhanced Visual Intelligence and translation tools. Storage begins at 256GB.



It is available in five colors: Lavender, Mist Blue, Black, White and Sage.



Price: The iPhone 17 starts at $799 and comes with a base storage of 256GB.



<figure class="wp-block-image size-large"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/09/09142334/Screenshot-2025-09-09-at-11.10.51%E2%80%AFPM-1024x573.png" alt="" class="wp-image-1063216"/><figcaption class="wp-element-caption">Source: Apple</figcaption></figure>



<h2 class="wp-block-heading">When Will iPhone 17 Models Be Available</h2>



Preorders open on Friday with availability beginning Sept. 19.



Benzinga's Edge Stock Rankings indicate that AAPL maintains a solid upward trajectory across short, medium and long-term horizons, with <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound'">additional performance details available here</a>.



<figure class="wp-block-image aligncenter size-full"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound'"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/09/09142127/Screenshot-2025-09-09-at-10.20.41%E2%80%AFAM-2.png" alt="" class="wp-image-1063213"/></a></figure>



Read Next:



<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/25/05/45599346/why-googles-demis-hassabis-disagrees-with-co-founder-sergey-brin-on-when-agi-will-arrive-and-sets-a-much-higher-bar" target="_blank" rel="noreferrer noopener">Why Google&#8217;s Demis Hassabis Disagrees With Co-Founder Sergey Brin On When AGI Will Arrive: ‘I Have Quite A High Bar&#8217;</a></li>
</ul>



Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.



Photo courtesy: Paolo Bona on Shutterstock.com

AAPL

Apple Launches iPhone 17 Series Starting At $799: Tim Cook Calls It 'Unlike Anything We've Ever Created'

A quick dive into last week&#8217;s headlines in markets, crypto and macro &#8211; all from Benzinga's Expert Network of contributors&#8230;



Crypto &amp; Blockchain



<a href="https://www.benzinga.com/markets/cryptocurrency/25/09/47499251/bitcoins-fate-above-120k-now-hinges-on-fed-rate-cuts-not-cypherpunk-ideals">Bitcoin&#8217;s Fate Above $120K Now Hinges On Fed Rate Cuts, Not Cypherpunk Ideals </a> Forget the ideology &#8211; rate cuts may be the real driver of Bitcoin's next leg up, says Kenneth Rapoza.&nbsp;



<a href="https://www.benzinga.com/markets/cryptocurrency/25/09/47498043/is-lighter-the-next-hyperliquid">Is Lighter the Next Hyperliquid? </a> Mark de Wolf's take on Lighter, the decentralized derivatives exchange (DEX) specializing in perpetual futures (perps) &#8211; a type of derivative contract that lets traders speculate on crypto price movements.



<a href="https://www.benzinga.com/markets/cryptocurrency/25/08/47358273/is-bitcoin-a-buy-below-110-000-see-why-mr-wonderful-kevin-oleary-prefers-investing-in-bitc">Is Bitcoin A Buy Below $110,000? See Why "Mr. Wonderful" Kevin O&#8217;Leary Prefers Investing In Bitcoin Infrastructure</a>



Tor Constantino shares why &#8220;Mr. Wonderful&#8221; Kevin O&#8217;Leary is steering toward Bitcoin infrastructure rather than the asset itself.&nbsp;



<a href="https://www.benzinga.com/markets/cryptocurrency/25/09/47492671/are-ethereum-etfs-overbought-here-are-the-top-five-to-watch">Are Ethereum ETFs Overbought? Here Are The Top Five To Watch</a>



With inflows rising and sentiment heating up, Kenneth Rapoza highlights the top 5 Ethereum ETFs to watch now.



<h3 class="wp-block-heading">Stocks &amp; Signals</h3>



<a href="https://www.benzinga.com/markets/equities/25/09/47515603/synopsys-shares-rise-3-close-near-days-high-after-key-trading-signal">Synopsys Shares Rise 3%, Close Near Day&#8217;s High After Key Trading Signal</a>



A classic technical pattern just triggered &#8211; here's what it could mean for SNPS investors &#8211; from contributor Finit.&nbsp;



<a href="https://www.benzinga.com/trading-ideas/technicals/25/09/47495813/why-tesla-is-ideal-for-trend-following-strategies-and-how-to-build-one-for-this-iconic-s">Why Tesla Is Ideal for Trend-Following Strategies And How To Build One For This Iconic Stock</a>



Andrea Unger on how to build a simple trend-following strategy around this highly-volatile, high-profile stock.



<a href="https://www.benzinga.com/markets/equities/25/09/47520378/dollar-tree-the-hidden-risk-wall-street-is-missing">Dollar Tree: The Hidden Risk Wall Street Is Missing</a>



&nbsp;Strong on the surface but Shivank Goswami warns of deeper fundamental fragility.



<a href="https://www.benzinga.com/general/biotech/25/08/47422093/eli-lilly-is-proof-that-wall-street-stars-dont-have-to-be-tech-titans">Eli Lilly Is Proof That Wall Street Stars Don&#8217;t Have To Be Tech Titans</a>&nbsp;



Dmytro Spilka explains why Eli Lilly is rapidly emerging as a key consideration for investors seeking to hedge their portfolios away from tech and AI picks.&nbsp;



<h3 class="wp-block-heading">Macro &amp; Global</h3>



<a href="https://www.benzinga.com/markets/asia/25/09/47527281/turkish-gdp-outpaces-europes-largest-economies-as-growth-beats-q2-forecasts">Turkish GDP Outpaces Europe's Largest Economies</a> By European Capital Insights Turkey surprises with stronger-than-expected Q2 growth. What's fueling the boom?



<a href="https://www.benzinga.com/general/market-summary/25/09/47492234/big-victory-for-apple-trump-reacts-to-unstoppable-china">Big Victory for Apple, Trump Reacts to "Unstoppable" China&nbsp;</a>



Tensions flare as Apple scores a legal win while Trump ramps up anti-China rhetoric &#8211; Here's what it means for markets &#8211; via the Arora Report.&nbsp;



<h3 class="wp-block-heading">China Stories by Bamboo Works</h3>



<a href="https://www.benzinga.com/news/earnings/25/09/47501359/chagees-aggressive-expansion-appears-to-be-paying-off">Chagee&#8217;s Aggressive Expansion Appears To Be Paying Off</a>



&nbsp;The Chinese tea chain is expanding fast and investors are starting to notice.



<a href="https://www.benzinga.com/markets/cryptocurrency/25/09/47524281/cango-sets-stage-for-next-growth-phase-as-bitcoin-competition-heats-up">Cango Sets Stage For Next Growth Phase As Bitcoin Competition Heats Up</a>



Cango boosted its Bitcoin mining capacity by 44% in July and made its first mining facility purchase in August &#8211; a key move in its new HPC roadmap.



For more stories from our expert network, click <a href="https://www.benzinga.com/topic/contributors">here</a>

Opinion

The Week That Was - From Our Expert Network

Investors were initially caught off guard Tuesday by a sweeping revision to U.S. employment data, after the Bureau of Labor Statistics removed 911,000 nonfarm payroll jobs from its count between April 2024 and March 2025, indicating the labor market had been cooling far earlier than many on <a href="https://www.benzinga.com/markets/economic-data/25/09/47573677/jobs-market-revision-2025-labor-voo-fed-interest-rates-nonfarm-payrolls">Wall Street had anticipated.</a>



UNH shares are climbing. <a href="https://www.benzinga.com/quote/UNH" target="_blank" rel="noreferrer noopener">See what is driving the move here.</a>



Markets briefly dipped in the wake of the data release. Yet, major U.S. equity indices showed some recovery by midday in New York as the sharp downward revision in payrolls further strengthens the case for the Federal Reserve to begin cutting interest rates. 



The S&amp;P 500 traded 0.2% higher near 6,500 points, about 0.5% off its all-time high, while the Dow Jones Industrial Average rose 0.3% at 45,640 points, positioning itself for a potential record close. 



Energy stocks outperformed as oil prices rose in response to renewed geopolitical tensions as Israel, with U.S. approval, launched a strike on Hamas operatives in Qatar.



After four consecutive sessions of declines, U.S. Treasury yields edged higher. The 30-year yield rose by four basis points to 4.72%.



UnitedHealth Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNH#NYSE">UNH</a>) soared more than 8% after the health care giant offered an upbeat assessment of its Medicare Advantage business. The company said it expects roughly 78% of its Medicare Advantage members to be in plans rated four stars or higher.



The company also reaffirmed its full-year 2025 earnings outlook, offering reassurance to investors following recent sector volatility tied to reimbursement changes.



Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) was flat ahead of the company&#8217;s highly-awaited &#8220;Awe Dropping&#8221; event in which the new iPhone 17&nbsp;lineup will be unveiled.







Gold prices rose 0.3% to $3,650 per ounce, marking the ninth gain in the past 10 sessions. Gold futures broke above the $3,700 for the first time ever in the intraday trading, before slightly pulling back to $3,680. The yellow metal continues to benefit from rising geopolitical risk and expectations of lower interest rates.



Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) fell 1% to $111,000. 



<h2 class="wp-block-heading">Tuesday&#8217;s Performance In Major U.S. Indices, ETFs</h2>



<figure class="wp-block-table is-style-stripes"><table class="has-fixed-layout"><tbody><tr><td>Major Indices</td><td>Price</td><td>1-day %chg</td></tr><tr><td>• Nasdaq 100</td><td>23,831.86</td><td>0.3%</td></tr><tr><td>• Dow Jones</td><td>45,643.14</td><td>0.3%</td></tr><tr><td>• S&amp;P 500</td><td>6,505.99</td><td>0.2%</td></tr><tr><td>• Russell 2000</td><td>2,374.51</td><td>-0.9%</td></tr></tbody></table><figcaption class="wp-element-caption">Updated by 1:15 p.m. ET</figcaption></figure>



According to&nbsp;<a href="https://www.benzinga.com/pro/?utm_source=BZprocontent&amp;t=be2bearmibe3na1">Benzinga Pro</a>&nbsp;data:



<ul class="wp-block-list">
<li>The&nbsp;Vanguard S&amp;P 500 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VOO#NYSE">VOO</a>) inched 0.1% higher to $597.14.</li>



<li>The&nbsp;SPDR Dow Jones Industrial Average&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>) rose 0.2% to $457.21.</li>



<li>The tech-heavy&nbsp;Invesco QQQ Trust Series&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>)&nbsp;rose 0.2% to $579.98.</li>



<li>The&nbsp;iShares Russell 2000 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) slipped 0.9% to $236.22.</li>



<li>The&nbsp;Energy&nbsp;Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLE#NYSE">XLE</a>) outperformed, up 1.1%; the&nbsp;Materials&nbsp;Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLB#NYSE">XLB</a>) lagged, down 1.2%.</li>
</ul>



<h2 class="wp-block-heading">S&amp;P 500&#8217;s Top 5 Gainers On Tuesday</h2>



<figure class="wp-block-table is-style-stripes"><table class="has-fixed-layout"><thead><tr><th>Stock Name </th><th>% Change</th></tr></thead><tbody><tr><td>UnitedHealth Group Inc.</td><td>+8.30%</td></tr><tr><td>Super Micro Computer Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>)</td><td>+5.95%</td></tr><tr><td>Centene Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNC#NYSE">CNC</a>)</td><td>+5.63%</td></tr><tr><td>Amphenol Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APH#NYSE">APH</a>)</td><td>+5.44%</td></tr><tr><td>Coinbase Global Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>)</td><td>+4.05%</td></tr></tbody></table></figure>



<h2 class="wp-block-heading">S&amp;P 500&#8217;s Top 5 Losers On Tuesday</h2>



<figure class="wp-block-table is-style-stripes"><table class="has-fixed-layout"><thead><tr><th>Stock Name</th><th>% Change</th></tr></thead><tbody><tr><td>Albemarle Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALB#NYSE">ALB</a>)</td><td>-11.10%</td></tr><tr><td>Builders FirstSource Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLDR#NYSE">BLDR</a>)</td><td>-6.22%</td></tr><tr><td>Freeport-McMoRan Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FCX#NYSE">FCX</a>)</td><td>-5.86%</td></tr><tr><td>Fox Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOX#NASDAQ">FOX</a>)</td><td>-5.64%</td></tr><tr><td>BXP Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BXP#NYSE">BXP</a>)</td><td>-4.44%</td></tr></tbody></table></figure>



Now Read:



<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/tech/25/09/47565179/apples-awe-dropping-event-5-biggest-iphone-17-changes-expected">Apple&#8217;s &#8216;Awe Dropping&#8217; Event: 5 Biggest iPhone 17 Changes Expected</a> Photo: khunkornStudio via Shutterstock </li>
</ul>

Macro Economic Events

BLDR

COIN

SMCI

Wall Street Rebounds After Jobs Revision Shock, UnitedHealth Rallies: What's Moving Markets Tuesday?

Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) on Tuesday announced the new AirPods Pro 3, Apple Watch Ultra 3, Apple Watch Series 11 and the Apple Watch SE 3 at its "Awe Dropping" event in Cupertino, alongside the new iPhone 17 series.



<h2 class="wp-block-heading">AirPods Pro 3</h2>



The AirPods Pro 3 is the first major upgrade to the AirPods Pro lineup in three years. It now offers Active Noise Cancellation (ANC), which the company said will offer the "world's best ANC."



The AirPods Pro 3 use foam-infused ear tips, which help in improving noise isolation. Apple has also improved the design, which it says will help it fit better inside the ear.



Also Read:<a href="https://www.benzinga.com/markets/equities/25/09/47520353/ross-gerber-slams-warren-buffetts-apple-exit-rejects-ai-bubble-comparisons-as-dumb-doubts-over-tech-growth-swirl"> Ross Gerber Slams Warren Buffett&#8217;s Apple Exit, Rejects AI Bubble Comparisons As &#8216;Dumb&#8217; Doubts Over Tech Growth Swirl</a>



Another feature that has been added is live translation. The device will reduce the speaker's volume using ANC and will translate it into your language.



The device comes with a custom-built heart rate sensor. It uses a photoplethysmography (PPG) sensor that uses infrared light pulsed at 256 times per second to measure light absorption in the user's blood flow. With this, it can track the user's heart rate and calories.



It is IP57 sweat and water-resistant, a first for the company's AirPods lineup.



The AirPods Pro 3 will offer 8 hours of battery life on a single charge with ANC enabled, up from the AirPods Pro 2's 6 hours of battery life. With ANC turned off, the battery life jumps to 10 hours.



<h2 class="wp-block-heading">AirPods Pro 3 Price</h2>



The AirPods Pro 3 have been priced at $249 and can be pre-ordered today, with shipping set to begin on September 19.



<h2 class="wp-block-heading">Apple Watch Ultra 3</h2>



The Cupertino tech giant also updated the Watch Ultra, its flagship smartwatch, with the launch of the Watch Ultra 3. It offers 5G and satellite connectivity, alongside a slightly bigger display with thinner bezels.



Apple expects to receive approval for its new hypertension detection feature, which it offers with the Watch Ultra 3. It detects signals of hypertension over time and the company expects to notify over a million users of hypertension in the first year.



The watch offers a new "Sleep Score" that offers a quality score for your sleep based on the duration and sleep stages.



The Watch Ultra 3 offers up to 42 hours of battery life on a single charge, up from the Watch Ultra 2's 36 hours of battery life.



<h2 class="wp-block-heading">Apple Watch Ultra 3 Price</h2>



The Apple Watch Ultra 3 starts at $799 and is now available for pre-orders, with shipping set to begin on September 19.



<h2 class="wp-block-heading">Apple Watch Series 11</h2>



Apple has also launched the Watch Series 11, with 5G connectivity for the first time. The Watch Series 11 offers a new crystal glass that it says will offer 2x scratch resistance.



The Watch Series 11 comes in 42mm and 46mm sizes, in cellular and Wi-Fi-only models.



Subscribe to the<a href="https://bztechtrends.beehiiv.com/subscribe"> Benzinga Tech Trends newsletter</a> to get all the latest tech developments delivered to your inbox.



The Watch Series 11 will also offer hypertension notifications and sleep score, similar to the Watch Ultra 3.



The Apple Watch Series 11 offers up to 24 hours of battery life on a single charge, up from the 18 hours offered with the Watch Series 10.



<h2 class="wp-block-heading">Apple Watch Series 11 Price</h2>



The Apple Watch Series 11 is priced starting at $399. It is now available for pre-order and will ship on September 19.



<h2 class="wp-block-heading">Apple Watch SE 3</h2>



The Apple Watch SE 3 is the company's new budget offering and now finally offers an always-on display.



The Watch SE 3 also comes with a more powerful S10 chip. It comes with a wrist temperature sensor, sleep apnea detection, 5G support and sleep score.



<h2 class="wp-block-heading">Apple Watch SE 3 Price</h2>



The Apple Watch SE 3 has been priced starting at $249. It is now available for pre-order and will ship on September 19.



Check out more of Benzinga&#8217;s Consumer Tech coverage by <a href="https://www.benzinga.com/topic/consumer-tech">following this link</a>.



Read Next:



<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/tech/25/09/47541690/apple-back-in-the-good-graces-of-trump-says-jim-cramer-aapl-stocks-in-fantastic-shape">Apple &#8216;Back In The Good Graces&#8217; Of Trump, Says Jim Cramer: AAPL Stock&#8217;s In &#8216;Fantastic Shape&#8217;</a></li>
</ul>



Photo courtesy: jamesteohart / Shutterstock.com

Apple Launches AirPods Pro 3, Watch Ultra 3, Watch Series 11, Watch SE 3: Here's Everything You Need To Know

The U.S. government said it overstated job growth by 911,000 in the year through March 2025, raising fresh doubts over the strength of the labor market and offering statistical proof that job growth had been overestimated for <a href="https://www.benzinga.com/news/econ-s">much of last year.</a>



The Bureau of Labor Statistics released its annual preliminary benchmark revision Tuesday, cutting previously reported nonfarm employment gains by 911,000 jobs. 



The revision, based on more complete state-level tax records, brings the average monthly job creation figure for April 2024 through March 2025 down to just 71,000, from a prior estimate of 147,000.



This marks the largest annual payroll revision in U.S. history, surpassing even the 902,000 downward adjustment during the depths of the Great Financial Crisis.



<h2 class="wp-block-heading">What Industries Were Hit The Hardest?</h2>



The revision shows broad weakness across sectors, with private sector jobs slashed by 880,000, or 0.7%. Trade, transportation and utilities were among the worst-hit categories, losing a combined 226,000 jobs. 



Retail trade alone saw a downward revision of 126,200 jobs, while the leisure and hospitality sector was cut by 176,000.



Manufacturing employment was revised lower by 95,000 jobs, a decline of 0.8%, and professional and business services lost 158,000 jobs, or 0.7%. The information sector posted the steepest percentage drop, with a 2.3% revision, totaling 67,000 fewer jobs than initially reported.



Only transportation, warehousing and utilities showed modest upward adjustments, offering the lone bright spots in an otherwise downbeat report.



<h2 class="wp-block-heading">Wall Street Reacts</h2>



Chris Zaccarelli, chief investment officer at Northlight Asset Management, said the worsening jobs picture could "make it easier for the Fed to cut rates this fall," but also noted that it might "throw some cold water on the recent rally." 



He warned that if inflation data due Thursday shows acceleration, the market may start pricing in a stagflation scenario—a toxic mix of slowing growth and rising prices.



Heather Long, chief economist at Navy Federal, said the numbers imply the job market had already stalled before key economic shocks like tariffs hit earlier this year. 



"That means the labor market was weak even before the tariffs kicked in. The job market was mostly frozen in 2024, too," she said.



Peter Schiff added that the new data invalidates much of the optimism seen over the past year. "Another 911,000 previously reported job gains were just revised away,&#8221; he said. 



Markets reacted swiftly to the news. The S&amp;P 500 – as tracked by the Vanguard S&amp;P 500 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VOO#NYSE">VOO</a>) – fell 0.3% to 6,480, while the Nasdaq 100 lost 0.4%, slipping to 23,700. 



Investors are now pricing in increased odds of a rate cut by the Federal Reserve this fall, as the weakening labor market offers room for easing.



Read Next:



<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/etfs/specialty-etfs/25/09/47570622/bond-etf-zroz-rally-fed-rate-cuts-2025-september">This Bond ETF&#8217;s Wild Rally Echoes The Pandemic Market Chaos </a></li>
</ul>



Photo: elmar gubisch/Shutterstock

Nearly 1 Million Jobs Disappeared—And No One Noticed Until Now

One long-duration Treasury bond ETF has surged nearly 9% in just four trading sessions, a performance that mirrors rallies last seen during the 2020 pandemic panic and the deflationary <a href="https://www.benzinga.com/news/econ-s">scare of August 2024.</a>



The PIMCO 25+ Year Zero Coupon U.S. Treasury Index ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZROZ#NYSE">ZROZ</a>) jumped 8.8% between Sept. 3 and Sept. 8, fueled by a dramatic drop in Treasury yields after a shockingly weak U.S. jobs report reignited bets on imminent Federal Reserve rate cuts. 



On Sept. 6 alone – the day of the jobs report – the fund soared 2.7%, one of its strongest daily gains of 2025. 



By contrast, the SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) added only 1.3% over the same period, underscoring a rare and decisive outperformance by bonds over equities — a phenomenon not commonly observed since the pandemic.



<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="556" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/09/09085802/image-123-1024x556.png" alt="" class="wp-image-1062690" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/09/09085802/image-123-1024x556.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/09/09085802/image-123-300x163.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/09/09085802/image-123-768x417.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/09/09085802/image-123-1536x834.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/09/09085802/image-123-2048x1112.png 2048w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<h2 class="wp-block-heading">Why Is ZROZ Rallying So Hard?</h2>



The jobs report for August drastically reshaped market expectations. Only 22,000 jobs were added, while prior months were revised downward, including a contraction of 13,000 in June — the first monthly job loss in nearly five years. The unemployment rate rose to 4.3%, its highest since October 2021.



The weak data sent yields tumbling. The 30-year Treasury yield fell from 5.00% to 4.70% in a matter of sessions, a 30-basis-point move that is enormous for long-dated bonds.



ZROZ is uniquely sensitive to such moves due to its composition: it holds zero-coupon, ultra-long-term Treasury bonds. These securities don&#8217;t pay interest periodically; instead, they pay their full value at maturity. That structure magnifies their price reaction to interest rate changes — a concept known as duration. The longer the duration, the bigger the price move when yields shift.



So when long-term yields fall rapidly, ZROZ becomes one of the most powerful tools to capture the upside in Treasury prices.



<h2 class="wp-block-heading">Are Fed Rate Cuts Locked In?</h2>



Markets are now fully pricing in a rate cut at the Fed's Sept. 17 meeting, with elevated odds of additional easing in October and December. 



According to 22V Research's Dennis DeBusschere, &#8220;A series of rate cuts to end 2025 and persistently easy financial conditions should be expected.&#8221;



"There is now clearer evidence of weaker labor demand, not just supply. Hence, we expect the Fed to cut by 25bp in September and December," Bank of America economist Aditya Bhave added.



Lower rates reduce the discount rate applied to future bond cash flows, boosting bond prices. For zero-coupon bonds, this effect is even more pronounced.



<h2 class="wp-block-heading">Is This Signaling A Recession?</h2>



Despite the dramatic market reaction, a recession is not yet the base case. According to data from prediction market Kalshi, the odds of a U.S. recession in 2025 remain low — just 4% by the end of the year.



There is also a 14% chance that a recession could only start in the last quarter.



Wall Street veteran analyst Ed Yardeni said the Fed's expected rate cuts could avert a downturn: 



"The 2026 recession odds would remain low with a rate cut on September 17 and more rate cuts after that." 



However, Yardeni warned that rate cuts could be stimulative in an economy that doesn't actually need more monetary support.



<h2 class="wp-block-heading">What's Next for Bond Investors?</h2>



If the U.S. economy avoids a recession, then the case for long-duration Treasurys weakens. Without a prolonged slowdown, bond yields could stabilize or even rise again, capping gains for funds like ZROZ.



But if growth remains subdued and the Fed commits to easing into 2026, the bond rally could have more room to run.



Photo: Lightspring/Shutterstock

Specialty ETFs

ZROZ

This Bond ETF's Wild Rally Echoes The Pandemic Market Chaos

Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) is <a href="https://www.benzinga.com/markets/tech/25/09/47542395/apple-iphone-17-event-ultra-thin-iphone-17-air-apple-watch-11-airpods-pro-3-and-more-expected-on-awe-dropping-day">gearing up to unveil</a> its iPhone 17 lineup at Tuesday's "Awe Dropping" event and leaks suggest this could be one of the company's boldest refreshes in years.



<h2 class="wp-block-heading">What To Expect At Apple's September Event</h2>



The Cupertino tech giant will host its annual product showcase on Sept. 9 at the Steve Jobs Theater, starting at 10 a.m. PT. The iPhone 17 series is expected to feature four models — iPhone 17, iPhone 17 Air, iPhone 17 Pro and iPhone 17 Pro Max — alongside new Apple Watch editions and redesigned AirPods Pro 3.



The star of the lineup could be the iPhone 17 Air, rumored to be the thinnest flagship Apple has ever made, drawing inspiration from the MacBook Air.



See Also:&nbsp;<a href="https://www.benzinga.com/markets/tech/25/09/47542395/apple-iphone-17-event-ultra-thin-iphone-17-air-apple-watch-11-airpods-pro-3-and-more-expected-on-awe-dropping-day" target="_blank" rel="noreferrer noopener">Apple iPhone 17 Event: Ultra-Thin iPhone 17 Air, Apple Watch 11, AirPods Pro 3 And More Expected On ‘Awe Dropping' Day</a>



The following are the five biggest changes we can see in the upcoming lineup:&nbsp;



<h3 class="wp-block-heading">ProMotion Display Comes To Base Model</h3>



Apple's 120Hz ProMotion display, long exclusive to Pro editions, may finally reach the standard iPhone 17. Reports say Apple will use an LTPO OLED panel, allowing dynamic refresh rates from 1Hz to 120Hz, improving visuals and battery efficiency.



<h3 class="wp-block-heading">Major Selfie Camera Upgrade</h3>



The iPhone 17 may ditch the 12MP front-facing camera used since 2019 in favor of a 24MP sensor with a six-element lens. This shift promises sharper selfies and clearer video calls.



<h3 class="wp-block-heading">Bigger Screen And Slimmer Frame</h3>



Leaks suggest the display could grow from 6.1 inches to 6.3 inches without increasing the phone's footprint, thanks to metalens technology that reduces the size of Face ID and Dynamic Island components. A thinner aluminum frame could also make the device lighter.



<h3 class="wp-block-heading">Apple's Own Wi-Fi 7 Chip</h3>



Apple is reportedly moving away from third-party Wi-Fi solutions by launching its in-house Wi-Fi 7 chip in the iPhone 17 series. Faster speeds, lower latency and smoother connectivity across Apple devices are expected.



<h3 class="wp-block-heading">Faster Charging And New A19 Chip</h3>



Performance gains could come via the A19 chipset, though some reports suggest the base model may still use the A18. More notably, Apple is rumored to introduce 50W wireless charging — double that of the iPhone 16 and faster than Samsung's Galaxy S25.



<h2 class="wp-block-heading">Analysts Say AI Still Missing</h2>



Despite the excitement over design and hardware, some investors remain skeptical. Andersen Capital's Peter Andersen told CNBC that Apple's focus on incremental upgrades is "ignoring the elephant in the room" — its <a href="https://www.benzinga.com/markets/tech/25/09/47562774/peter-andersen-slams-apples-siri-and-ai-strategy-investor-warns-iphone-17-updates-no-substitute-for-real-innovation-an-embarrassment">lagging AI efforts</a>.



Wedbush analyst Dan Ives has also called Apple's <a href="https://www.benzinga.com/markets/tech/25/08/47147306/dan-ives-says-apples-ai-strategy-has-been-a-disaster-and-no-one-on-the-street-believes-innovation-will-come-from-within">AI strategy a "disaster,"</a> while others argue the <a href="https://www.benzinga.com/markets/tech/25/09/47515140/apples-ai-story-could-finally-take-off-says-gene-munster-as-siri-gets-google-powered-upgrade-is-the-bar-about-to-be-raised">company could regain</a> ground once Siri integrates Google's Gemini model in 2026.



Price Action: Apple shares fell 0.76% in Monday's regular session and slipped another 0.26% in pre-market trading on Tuesday, per <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>.



According to Benzinga's Edge Stock Rankings, AAPL maintains a solid upward trend across short, medium and long-term periods, with <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound'">additional performance details available here</a>.



<figure class="wp-block-image aligncenter size-full"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound'"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/09/09053557/Screenshot-2025-09-09-at-10.20.41%E2%80%AFAM-1.png" alt="" class="wp-image-1062250"/></a></figure>



Check out more of Benzinga&#8217;s Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.



Read Next:



<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/25/05/45599346/why-googles-demis-hassabis-disagrees-with-co-founder-sergey-brin-on-when-agi-will-arrive-and-sets-a-much-higher-bar" target="_blank" rel="noreferrer noopener">Why Google&#8217;s Demis Hassabis Disagrees With Co-Founder Sergey Brin On When AGI Will Arrive: ‘I Have Quite A High Bar&#8217;</a></li>
</ul>



Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.



Photo courtesy: Shutterstock

Apple's 'Awe Dropping' Event: 5 Biggest iPhone 17 Changes Expected

<a href="https://www.benzinga.com/crypto/cryptocurrency/25/09/47553551/stablecoins-could-reach-4-trillion-market-cap-by-2030-bernstein">Bernstein analysts</a> on Tuesday raised Robinhood's (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>) price target to $160, citing expectations that the trading platform's revenue will surge from $2.9 billion in 2024 to $6.8 billion by 2026.



This projection reflects a compound annual growth rate (CAGR) of over 51.7%.



The new target implies a 36% upside from Robinhood's Sep. 8 closing price of $117.28.



Bernstein reaffirmed its outperform rating, calling Robinhood's inclusion in the S&amp;P 500 "very deserving" and pointing to the firm's rapid market share expansion across both equities and crypto.



The company now commands 30% of U.S. retail crypto trading and 24% of equity options, positioning it as the leading retail crypto competitor to Coinbase (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>) after the collapse of FTX and Binance U.S.



Still, Bernstein sees the real growth driver in wealth management. 



Also Read: <a href="https://www.benzinga.com/crypto/cryptocurrency/25/09/47567233/gemini-exchange-secures-nasdaq-investment-ahead-of-317-million-ipo">Gemini Exchange Secures Nasdaq Investment Ahead Of $317 Million IPO</a>



Robinhood has just 2.7% of the $110 billion U.S. broking and advisory pool, leaving significant room to expand. 



Its Gold program, with 3.5 million paying members, already provides recurring subscription revenue while bundling services such as higher deposit rates, credit cards, and mortgage products.



Another structural growth opportunity is tokenization. Robinhood plans to launch a blockchain-based marketplace for U.S. equities and private markets, betting that tokenized assets will redefine how investors access liquidity.



"Trading is the entry point," Bernstein noted, "but wealth is where the real monetization lies."



The firm highlighted Robinhood's "product velocity and execution quality" as critical to capturing new markets, particularly as it broadens services and integrates blockchain infrastructure. 



If successful, analysts argue Robinhood could reshape the interface between retail investors, digital assets, and traditional wealth management.



Read next: 



<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/09/47565472/ledger-cto-warns-of-ongoing-npm-supply-chain-attack-advises-users-to-halt-onchain-transactions">Ledger CTO Warns Of Ongoing NPM Supply Chain Attack, Advises Users To Halt Onchain Transactions</a></li>
</ul>



Image: Shutterstock

HOOD

Robinhood May Hit $160 On 100% Revenue Growth By 2026: Bernstein

Trade negotiations between South Korea and the U.S. have stalled over foreign exchange concerns, prompting Seoul to seek Washington's help in minimizing the potential market impact of a $350 billion investment package.



<h2 class="wp-block-heading">Delay in US-South Korea Trade Deal Due To Currency Risks</h2>



A senior official from the South Korean presidential office revealed on Tuesday that the finalization of the U.S.-South Korea trade deal is being delayed by foreign exchange concerns, reported Reuters. The official, Presidential Policy Secretary Kim Yong-beom, emphasized the need to address the impact of the investment package on the domestic dollar-won exchange market.



Kim pointed out that South Korea&#8217;s situation differs from Japan&#8217;s, which recently signed a trade deal with the U.S. that includes a $550 billion investment package. &#8220;While there is not much difference in trade surpluses, the size of the economy, more importantly foreign exchange market conditions are very different,&#8221; stated Kim.



South Korea faces greater currency risks than Japan regarding its $350 billion U.S. investment, as the won lacks the yen's international status and Japan's larger foreign exchange reserves and swap programs. 



Markets expect the investment to exert long-term downward pressure on the won, especially given that $350 billion far exceeds the $20–30 billion annual capacity of state-run policy banks.



<h2 class="wp-block-heading">Trade Deal Delay Clouds Shipbuilding Plans</h2>



The delay in finalizing the trade deal comes despite an agreement reached in July, which includes a $350 billion investment package for the U.S. South Korea and the U.S. had agreed to include currency policy in their discussions, a matter that will be addressed in the final agreement.



The trade negotiations between South Korea and the U.S. have been a significant point of discussion in recent months. South Korean President Lee Jae Myung had pledged to <a href="https://www.benzinga.com/markets/macro-economic-events/25/08/47328507/south-koreas-lee-joins-trump-in-push-to-revitalize-us-shipbuilding-facilities-are-old-theres-a-shortage-of">revitalize the U.S. shipbuilding industry</a> during his official visit to the U.S. in August. This commitment was seen as a potential catalyst for the trade negotiations between the two countries.



Meanwhile, President Donald Trump is also set to attend the Asia-Pacific Economic Cooperation <a href="https://www.benzinga.com/news/politics/25/09/47537816/trump-to-attend-apec-summit-in-south-korea-eyes-xi-jinping-meeting-amid-trade-tensions-report">summit </a>in South Korea in late October, a trip that could pave the way for crucial meetings with Chinese President Xi Jinping amid the ongoing trade tensions.



READ NEXT:



<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/equities/25/09/47535604/ice-raids-hyundai-lg-georgia-battery-plant-in-record-475-worker-sweep-south-korea-slams-us-over-unfair-crackdown">ICE Raids Hyundai-LG Georgia Battery Plant In Record 475-Worker Sweep, South Korea Slams US Over &#8216;Unfair&#8217; Crackdown</a></li>
</ul>



Image via Shutterstock



Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Forex

Legal

US-South Korea Trade Talks Hit Roadblock As Seoul Rejects Comparisons To Japan: 'Market Conditions Very Different'

Editor&#8217;s Note: The future prices of benchmark tracking ETFs, the lede, and the latest economic releases were updated in the story.



U.S. stock futures were mostly higher on Tuesday following Monday's advances. Futures of major benchmark indices were rising.



American NFIB small business optimism rose in August for the second consecutive month, driven largely by stronger expectations for future sales. While the overall optimism index climbed above its historical average, a measure of uncertainty also fell but remained at an elevated level.



Investors were gearing up for Apple Inc.&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) annual September gathering, this year dubbed the &#8220;<a href="https://www.benzinga.com/markets/tech/25/09/47542395/apple-iphone-17-event-ultra-thin-iphone-17-air-apple-watch-11-airpods-pro-3-and-more-expected-on-awe-dropping-day">Awe Dropping</a>&#8221; event, set to begin later today. 



Additionally, the market is waiting for the crucial producer price inflation and consumer price inflation data slated to be released on Wednesday and Thursday, respectively.



Meanwhile, the 10-year Treasury bond yielded 4.06% and the two-year bond was at 3.50%. The CME Group's FedWatch <a href="http://-https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html">tool</a>&#8216;s projections show markets pricing a 100% likelihood of the Federal Reserve cutting the current interest rates for the Sept. 17 decision.



<figure class="wp-block-table is-style-stripes"><table class="has-fixed-layout"><tbody><tr><td>Futures</td><td>Change (+/-)</td></tr><tr><td>Dow Jones</td><td>0.04%</td></tr><tr><td>S&amp;P 500</td><td>0.12%</td></tr><tr><td>Nasdaq 100</td><td>0.20%</td></tr><tr><td>Russell 2000</td><td>-0.02%</td></tr></tbody></table></figure>



The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which track the S&amp;P 500 index and Nasdaq 100 index, respectively, rose in premarket on Tuesday. The SPY was up 0.10% at $649.51, while the QQQ declined 0.19% to $579.97, according to Benzinga Pro data.



<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"><div class="wp-block-embed__wrapper">
<iframe loading="lazy" title="Stock Market Today: Futures Gain Ahead Of Apple&#039;s &#039;Awe Dropping&#039; Event—$NBIS, $ORCL In Focus" width="500" height="281" src="https://www.youtube.com/embed/GMYRrZxJV9w?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
</div></figure>



<h2 class="wp-block-heading">Cues From Last Session</h2>



Sectors that gained on Tuesday saw information technology and consumer discretionary stocks buck the overall market trend, closing higher, while most S&amp;P 500 sectors closed negatively, with utilities, real estate, and communication services stocks recording the biggest losses.



Still, U.S. stocks settled higher, with the Dow Jones index gaining more than 100 points ahead of a busy week of economic reports leading up to next week's Federal Reserve meeting. The Nasdaq Composite also settled at a record high.



Broadcom Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) continued its rally, climbing another 3.2% following Friday's 9.4% surge from blockbuster earnings, and is on track for its best two-day performance since April 9. Robinhood Markets Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>) soared around 16% — its biggest one-day gain in five months — on news of its addition to the S&amp;P 500 index.



On the economic front, the US Manheim Used Vehicle Value Index was reported as flat for August when compared to the previous month.



The Dow Jones index ended 114 points or 0.25% higher at 45,514.95, whereas the S&amp;P 500 index rose 0.21% to 6,495.15. Nasdaq Composite advanced 0.45% to 21,798.70, and the small-cap gauge, Russell 2000, gained 0.16% to end at 2,394.89.



<div class="wp-block-group is-layout-constrained wp-block-group-is-layout-constrained">
<div class="wp-block-columns is-layout-flex wp-container-core-columns-is-layout-1 wp-block-columns-is-layout-flex">
<div class="wp-block-column is-layout-flow wp-block-column-is-layout-flow" style="flex-basis:100%">
<figure class="wp-block-table is-style-stripes"><table class="has-fixed-layout"><tbody><tr><td>Index</td><td>Performance (+/-)</td><td>Value</td></tr><tr><td>Nasdaq Composite</td><td>0.45%</td><td>21,798.70</td></tr><tr><td>S&amp;P 500</td><td>0.21%</td><td>6,495.15</td></tr><tr><td>Dow Jones</td><td>0.25%</td><td>45,514.95</td></tr><tr><td>Russell 2000</td><td>0.16%</td><td>2,394.89</td></tr></tbody></table></figure>
</div>
</div>



<h2 class="wp-block-heading">Insights From Analysts</h2>
</div>



Renowned economist Professor Jeremy Siegel believes the stock market received exactly the news it needed last week, confirming an economic slowdown that paves the way for the Federal Reserve to begin cutting interest rates.



In his weekly commentary, Siegel argues that this environment is a &#8220;tailwind for stocks,&#8221; with a series of rate cuts expected before the end of the year. According to Siegel, recent economic data shows a &#8220;definitive deceleration&#8221; rather than a collapse. He points to several key indicators:



<ul class="wp-block-list">
<li>Softer payroll gains.</li>



<li>Persistent weakness in manufacturing.</li>



<li>A rise in the U-6 underemployment rate to 8.1% indicates more slack in the job market.</li>



<li>There has been a significant cooling in healthcare hiring, which has been a major driver of job creation over the past year.</li>
</ul>



This slowdown makes a September rate cut a &#8220;near certainty&#8221; in his view. Siegel forecasts three 25-basis-point cuts this year, one in September, followed by two more in the subsequent meetings. He maintains that the policy debate has decisively shifted toward the weakening labor market, so even an unexpected rise in the upcoming CPI or PPI inflation reports should not derail the Fed&#8217;s path.



The bond market is already anticipating this shift, with the 10-Year Treasury yield falling toward its cycle low near 4.00%. Siegel notes that this is a classic sign of investors pricing in easier monetary policy as economic growth weakens. He advocates for the Fed to eventually bring the policy rate below 3%, arguing that restrictive rates are unnecessary with inflation trending between 2-3%.



For investors, Siegel outlines a straightforward, bullish case for equities:



<ul class="wp-block-list">
<li>Favorable Conditions: An easing of financial conditions led by the bond market is bullish for stocks, though the economic slowdown will likely &#8220;keep a cap on any exuberance&#8221;.</li>



<li>Broadening Rally: While tech leadership remains intact, the rally&#8217;s breadth should improve. The best performance is expected from small caps and cyclicals, which have lagged in the high-interest-rate environment.</li>



<li>S&amp;P 500 Forecast: Siegel&#8217;s base case sees the S&amp;P 500 &#8220;grinding higher&#8221; into the end of the year.</li>
</ul>



The ultimate bull case, Siegel concludes, would be a re-acceleration in productivity combined with the Fed&#8217;s easing policy, which would create &#8220;disinflationary growth and multiple expansion&#8221;. While this scenario is &#8220;very much alive,&#8221; he adds a note of caution, stating, &#8220;we are closer to the top of this bull run than the April bottom&#8221;.



Meanwhile, in a recent interview, the University of Michigan professor, Justin Wolfers, cautioned that Americans could soon get &#8220;‘two bad tastes at the same time&#8217;—rising unemployment and rising inflation.&#8221;



He explained that the ingredients for this challenging scenario are already present. He broke down the <a href="https://www.benzinga.com/markets/economic-data/25/09/47564026/trump-tariffs-will-fuel-stagflation-as-economy-will-get-two-bad-tastes-at-the-same-time-rising-unemployment-and-rising-inflation">dual nature of stagflation</a>, describing it as a mix of economic stagnation and persistent inflation. 



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The stagflation question. <a href="https://t.co/e0lWH92snr">pic.twitter.com/e0lWH92snr</a>&mdash; Justin Wolfers (@JustinWolfers) <a href="https://twitter.com/JustinWolfers/status/1965172323482222720?ref_src=twsrc%5Etfw">September 8, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



See Also: <a href="https://www.benzinga.com/money/how-to-trade-futures">How to Trade Futures </a>



<h2 class="wp-block-heading">Upcoming Economic Data</h2>



Here's what investors will be keeping an eye on Tuesday;



<ul class="wp-block-list">
<li>The NFIB Small Business Optimism Index rose 0.5 points in August to 100.8, nearly 3 points above the 52-year average of 98.</li>



<li>The Uncertainty Index fell by 4 points to 93 but remained well above the historical average.</li>
</ul>



<h2 class="wp-block-heading">Stocks In Focus</h2>



<ul class="wp-block-list">
<li>Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) was down 0.24% in premarket on Tuesday ahead of its &#8220;Awe Dropping&#8221; event, as enthusiasts eagerly anticipated the iPhone 17 lineup, including the ultra-thin iPhone 17 Air, as well as refreshed Apple Watches, AirPods, and potentially other surprises.</li>



<li>Nebius Group NV (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NBIS#NASDAQ">NBIS</a>) soared 48.14% after signing a $17.4 billion deal to provide Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) with AI infrastructure.</li>



<li>Yext Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YEXT#NYSE">YEXT</a>) rose 2.71% after reporting better-than-expected earnings for the second quarter on Monday. The company posted quarterly earnings of 13 cents per share, which beat the analyst consensus estimate of 12 cents per share.</li>



<li>Caseys General Stores Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CASY#NASDAQ">CASY</a>) declined by 1.05% despite beating the first-quarter results after Monday's closing bell.</li>



<li>Designer Brands Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DBI#NYSE">DBI</a>) rose 1.20% as it is expected to report earnings before the opening bell. Analysts estimate earnings of 23 cents per share on revenue of $737.85 million.</li>



<li>Core &amp; Main Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNM#NYSE">CNM</a>) was up 0.60% as analysts expect it to report earnings of 79 cents per share on revenue of $2.14 billion before the opening bell.</li>



<li>Oracle Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>) gained 1.35% as it is expected to report earnings after the closing bell. Analysts estimate earnings of $1.48 per share on revenue of $15.03 billion.</li>



<li>Wolfspeed Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WOLF#NYSE">WOLF</a>) skyrocketed 66.67% after confirming a "reorganization plan," paving the way for its exit from bankruptcy.</li>



<li>Fox Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOX#NASDAQ">FOX</a>) dropped 3.19% after announcing a secondary offering of Class B stock.</li>
</ul>



<h2 class="wp-block-heading">Commodities, Gold, And Global Equity Markets</h2>



Crude oil futures were trading higher in the early New York session by 1.00% to hover around $62.88 per barrel.



Gold Spot US Dollar rose 0.46% to hover around $3,652.72 per ounce. Its last record high stood at $3,659.27 per ounce. The U.S. Dollar Index spot was 0.12% lower at the 97.34 level.



Asian markets closed in a mixed manner on Tuesday as Australia's ASX 200, China&#8217;s CSI 300, and Japan's Nikkei 225 indices fell, and Hong Kong's Hang Seng, India&#8217;s S&amp;P BSE Sensex, and South Korea's Kospi indices rose. European markets were also mixed in early trade.



Read Next:



<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/etfs/sector-etfs/25/09/47563759/ai-revolution-is-here-287-sp-500-firms-cite-artificial-intelligence-on-earnings-calls-in-q2">AI &#8216;Revolution Is Here&#8217;—287 S&amp;P 500 Firms Cite Artificial Intelligence On Earnings Calls In Q2</a></li>
</ul>



Photo courtesy: Frontpage / Shutterstock.com

AVGO

CASY

NBIS

WOLF

YEXT

Stock Market Today: Nasdaq, Dow Futures Gain Ahead Of Apple's 'Awe Dropping' Event—Nebius, Fox, Oracle In Focus (UPDATED)

The Symbol RYM was not found. Here are some similar symbols and popular symbols to consider.

SYMBOL SIMILAR TO: RYM

TOP GAINING STOCKS

Notizie

PARTNER/COLLABORATORE

BENZINGA NEL MONDO