Sept 10 2025

 

Markets:

• NASDAQ 100 and S&P 500 futures up 0.5%.

• 10-year Treasury yield dipped to ~4.05–4.06%.

Economic Data (PPI):

• Monthly PPI fell 0.1% (vs. +0.3% expected).

• Year-over-year PPI up 2.6% (below 3.3% estimate).

• Core PPI up 2.8% (vs. 3.5% expected).

• Suggests cooling inflation, though intermediate demand prices rising.

Fed Policy:

• Judge blocked Trump’s attempt to remove Fed governor Lisa Cook.

• She will participate in the Sept. 17 Fed meeting.

• Markets expect a 25 bp rate cut; some traders see a chance of 50 bp.

Earnings & Company News:

• Oracle (ORCL): Stock surged 27% pre-market. Reported RPO up 359% to $455B from four large contracts. RPO expected to exceed $0.5T, surpassing GDPs of South Africa and the Philippines.

• Rubrik (RBRK): Shares down ~4% after hours. Loss shrank to –$0.03/share (vs. –$0.40 last year). Revenue up 51% to $310M.

• Advanced Energy (AEIS): Adjusted EPS up 76%; revenue grew 21%. Q3 EPS guidance $1.20–$1.70 vs. $0.98 last year.