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S&P 500 Gains and Losses Today: Oracle Stock Soars to All-Time High on Strong Earnings

Thu Jun 12, 2025

Michael Bromberg

3 min read

In This Article:

Michael Nagle / Bloomberg / Getty Images Oracle shares jumped 13% to close at a record high after forecasting strong AI-driven revenue growth.

Michael Nagle / Bloomberg / Getty Images Oracle shares jumped 13% to close at a record high after forecasting strong AI-driven revenue growth.

  • The S&P 500 added 0.4% on Thursday, June 12, 2025, after a report showed that wholesale inflation was cooler than expected in May.

  • Oracle projected robust revenue growth in its cloud infrastructure segment, and the software giant's shares notched the top performance in the S&P 500.

  • Boeing shares declined after one of the plane manufacturer's 787-8 Dreamliner jets crashed in India.

Major U.S. equities indexes edged higher after new data revealed a smaller-than-anticipated uptick in wholesale prices last month. The second tame inflation report this week was welcome news for investors hoping the Federal Reserve will resume cutting interest rates sooner rather than later.

The S&P 500 advanced 0.4% on Thursday. Both the Dow and the Nasdaq ended the session about 0.2% higher.

Oracle (ORCL) shares skyrocketed 13.3%, gaining the most of any S&P 500 stock, after the enterprise software giant posted better-than-expected quarterly sales and profits. Cloud infrastructure revenue surged 52% year-over-year to $3 billion, and Oracle said it expects growth in its cloud infrastructure segment to exceed 70% in fiscal 2026. Following the upbeat sales outlook, analysts at Deutsche Bank and KeyBanc lifted their price targets on Oracle stock.

Gold prices rose, boosted by a tense geopolitical backdrop and optimism that interest-rate cuts could be forthcoming from the Federal Reserve. Shares of Newmont (NEM), the world's largest gold producer by volume, jumped 4.9% on Thursday.

Medical products distributor Cardinal Health (CAH) lifted its full-year profit forecast and increased its long-term growth expectations for its Pharmaceutical and Specialty Solutions segment. During its investor day event, Cardinal also announced several strategic initiatives, including the launch of a new multi-specialty Management Services Organization platform, investments in biopharma solutions, and plans for a new distribution center. Cardinal Health shares added 4.6%.

Boeing (BA) shares lost 4.8%, logging the S&P 500's weakest performance on Thursday, after one of the manufacturer's 787-8 aircraft carrying more than 200 passengers crashed in India. Shares of GE Aerospace (GE), which supplied the plane's engine, and Boeing supplier Spirit AeroSystems (SPR) also lost ground.

Shares of Coinbase Global (COIN), operator of the largest U.S. cryptocurrency exchange, slipped 3.8% as the price of Bitcoin (BTCUSD) slid. Last month, Coinbase became the first crypto-native company to join the S&P 500, replacing Discover Financial Services after the credit card issuer's merger with Capital One (COF).