On September 8, 2025, the three major U.S. stock indices kicked off the trading day with a collective upward surge. The Nasdaq Composite Index climbed by 0.49%, the S&P 500 Index edged up 0.26%, and the Dow Jones Industrial Average advanced 0.07%.
Among individual stocks, Baidu's share price took flight, skyrocketing over 7%. This impressive performance was largely attributed to its autonomous vehicle service, Luobo Kuaipao, which witnessed a staggering 148% year-on-year spike in commercial travel orders during the second quarter.
Meanwhile, AI application stock APPLOVIN experienced a remarkable surge of over 9%. This uptick came as the company is set to be officially incorporated into the S&P 500 Index on September 22, a move that often signals increased investor confidence and potential for further growth.
Oracle's stock price also rose by more than 2%, buoyed by several brokerages raising their target prices in anticipation of the company's upcoming earnings announcement.