Movers Steal the Spotlight: Market Rallies While Tech Faces Mixed Results on Dec. 11

Market Overview: Records and Resilience

Thursday’s trading session painted a tale of selective strength. The S&P 500 and Dow Jones Industrial Average (DJINDICES: ^DJI) both achieved fresh all-time highs, signaling investor confidence in the Federal Reserve’s stance on monetary policy. However, the Nasdaq Composite (NASDAQINDEX: ^IXIC) closed in negative territory, revealing that not all segments participated equally in the upward momentum.

The day’s movers reflected a market laser-focused on earnings reports. Here’s how the major indices performed:

• Dow Jones: +1.34% (+646 points)
• S&P 500: +0.21% (+14 points)
• Nasdaq: -0.25% (-50 points)

Investors remained optimistic about the economic outlook heading into the holiday season, though conviction remained selective across sectors.

The Biggest Losers: When Disappointment Outweighs Growth

Oracle’s AI Spending Spree Triggers a Sharp Selloff: -11%

Oracle (NYSE: ORCL) emerged as the session’s most significant casualty, with shares tumbling 11% following the tech behemoth’s quarterly earnings disclosure. While the company delivered better-than-expected profitability, the story shifted when examining revenue projections. Despite posting solid topline growth of 14%, Oracle failed to clear investor expectations.

The underlying issue? Aggressive AI capital deployment. Oracle demonstrated impressive cloud metrics—34% year-over-year gains in total cloud sales and a striking 66% increase in cloud infrastructure revenue—yet these accomplishments couldn’t offset investor anxiety. Market participants are growing weary of waiting for tangible monetary returns from AI initiatives, and Oracle now faces pressure to demonstrate concrete results from its expanded technology investments.

Robinhood Markets Stumbles: -9%

Robinhood Markets (NASDAQ: HOOD) declined 9% after releasing November activity data that disappointed observers. The picture across trading verticals looked weak: equity trading volumes experienced the steepest contraction at 37%, while options and cryptocurrency segments also softened. Assets under custody dropped 5%, marking the first monthly decline in nine months—a troubling reversal for the popular retail investment platform.

Despite this setback, HOOD has maintained significant year-to-date gains, and long-term backers continue monitoring the company’s trajectory with interest.

The Biggest Winners: Riding the Wave of Positive Surprises

Planet Labs Launches Higher: +35%

Planet Labs (NYSE: PL) emerged as today’s standout performer, surging 35% as investors digested impressive third-quarter results. Revenue reached $81 million, representing 33% year-over-year growth—respectable but not extraordinary. What truly captured attention was a remarkable 361% expansion in remaining performance obligations, which climbed to $672 million.

The backlog explosion signals accelerating demand for PL’s AI-powered global monitoring capabilities. The company has also attracted heavyweight interest: Alphabet (NASDAQ: GOOGL, GOOG) through its Google division will collaborate with Planet Labs to advance space-based AI computing infrastructure. This partnership validates the commercial potential of extraterrestrial data analytics, positioning Planet Labs as a beneficiary of the space-tech boom.

Hecla Mining Ascends on Silver’s Historic Run: +13%

Hecla Mining (NYSE: HL) climbed 13% as silver prices reached unprecedented territory. The precious metal pierced the $64-per-ounce barrier—a historic milestone—before retreating modestly during afternoon sessions. The rally drew additional momentum from news that Hecla would join the S&P MidCap 400 index, expanding its institutional accessibility.

Analysts attribute silver’s strength to its dual appeal as an inflation hedge and economic uncertainty buffer. With gold’s earlier outperformance this year, many market observers believe silver still possesses substantial upside potential, suggesting further tailwinds for miners like Hecla.

Key Takeaway

Today’s market movers illustrated the divergence between winners and losers in the current environment: companies delivering surprise growth with visibility into AI monetization gained favor, while those showcasing expansion without clear profitability paths faced pressure. The session reinforced that 2025 investors demand more than growth narratives—they require evidence of sustainable value creation.