CLOSING BELL
Prices And Stocks Are Climbing

The market climbed on Thursday after CPO inflation data showed prices had risen in the past month, at nearly 3%, and mortgage rates dropped to their lowest levels in 11 months. Last week also saw the highest initial jobless claims in nearly four years, if you can believe the data. Grocery prices were 3.2% higher than a year ago in August. Coffee was up 20.9%. ☕️ 

Core prices climbed at a 3.1% rate for the second month, but experts (and bets) predict rate cuts are still coming next week, possibly not as big a cut as could be without climbing prices.

Today is a somber day on Wall Street. We lost thousands in a horrible act of terror, and thousands more died from exposure to the toxins released while searching for loved ones in the rubble of the World Trade Center. If you’re from the area, everyone lost someone. We rebuild, but Never Forget.

Today’s news: Warner Bros. buyout news, IPOs, earnings, a new Opendoor CEO, and new social media products from Robinhood kept the market moving. 📰

All sectors closed green, with materials $XLB ( ▲ 2.1% ) leading and energy $XLE ( ▲ 0.02% ) lagging.

 $SPY ( ▲ 0.83% )  $QQQ ( ▲ 0.58% )  $IWM ( ▲ 1.85% )  $DIA ( ▲ 1.31% ) 

MEME STOCKS
Open Season On Opendoor Stock After CEO Departure 🔥 

$OPEN ( ▲ 79.52% ) flew Thursday to a three-year high after the company named Shopify exec Kaz Nejatian as its new CEO.

Former CEO Carrie Wheeler resigned a month ago after pressure from retail investors following the meme stock call of Eric Jackson. Jackson, founder of a hedge fund called EMJ that has been searching for the next Carvana-level stock blowup, helped push investors toward the executive change.

He also welcomed back co-founders Keith Robois and Eric Wu to the board of directors.

“As shareholders, we couldn’t be in better hands. The FOUNDER DNA is now officially back at OPEN – directly in its veins!”

Finally, tonight wouldn’t have been possible without @rabois and @ericwu01 agreeing to come back and serve the OPEN Army taking back their seats on the board.

They are both co-founders. They love this company. They get how important it can be at lowering the cost of ownership

— Eric Jackson (@ericjackson)
12:10 AM • Sep 11, 2025

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EARNINGS
Software Hotter Than Imported Couches 🛋️ 

Adobe $ADBE ( ▲ 0.11% ) climbed after its post-market report topped estimates. Revenue increased 11% to nearly $6B, and the photo editing company gave a higher-than-expected revenue range for the next quarter. The digital media business is growing, expected up 1.3% for the year.

The stock was due for some love, down 21% for the year, compared to a 14% climb from the broader Nasdaq.

“Adobe is the leader in the AI creative applications category with AI-influenced ARR surpassing $5 billion and AI-first ARR already exceeding our $250 million year-end target,” Shantanu Narayen, chair and CEO, Adobe.

Users are extremely bullish on ADBE in the lead-up to its results.

Restoration Hardware $RH ( ▼ 0.35% ) was falling after its after-market report, CEO Gary Friedman said more tariffs, more problems for furniture importers. He said his company would weather the storm, but smaller brands would take a major hit.

“While strong brands like ours will benefit from the likely dislocation and consolidation more tariffs will have on our industry, many smaller companies will have difficulty surviving these levels of tariffs,” he said.

RH posted Q2 earnings that missed expectations by 8.49%, and revenue at $899.15M, also missing estimates.

M&A NEWS
Fresh Off Merger, Paramount Might Buy Warner Bros.

Paramount Skydance, fresh off the merger that was approved in August, announced plans to buy up Warner Bros Discovery, according to media reports on Thursday. Warner Bros. has yet to receive an offer, but $WBD ( ▲ 28.95% ) shares flew on the WSJ report.

$PSKY ( ▲ 15.55% ) climbed. Last week, EBD Chief David Zaslav said they planned to separate its global TV networks from their streaming business, but WSJ reported Paramount wanted the entire pie, not just a piece. 🥧 

In the positive deal environment under the Trump administration, it seems like anything is possible this fall. The combined companies would be huge, with pay TV networks, sports rights, and two film studios to boot.

Following the $8B merger with Paramount Skydance, the company aims to reduce costs by $2B, though another costly buyout may make that hard to accomplish. 🤑 

IPO NEWS
Blockchain Lending Goes Public? Go Figure.

Figure surged 40% intraday during its opening trading day on the Nasdaq. It’s a classic fintech lender co-founded by Mike Cagney that uses blockchain to speed up home equity loans to a 10-day process, from 42 days, according to the firm’s prospectus.

For the 12 months ending in June 2025, Figure facilitated $6B of home equity lending. The company raised nearly $800 in its debut.

Figure has heavily moved into crypto and DeFi over the past year, creating a stablecoin and a DeFi lending protocol called Democratized Prime. The company has funded more than $16B in loans recorded on blockchain tech.

Cagney went even further on Web3 Thursday as his firm started trading on public markets, calling his venture one of the Mag 7 for Web 3.0. 🧩 

“I think this technology is, single-handedly, going to cause more disruption than any technology ever has before,” Cagney said.

Cagney previously founded SoFi, but left in 2017 after alleged workplace misconduct, according to Bloomberg.

STOCKTWITS COMMUNITY EVENTS
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We’re covering airfare, hotel, and ticket for one Stocktwits community member to join us in Coronado, Oct 20-22. Make the case why YOU should be there in the post comments, OR submit a short video here. 🗳️ 

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POPS & DROPS
Top Stocktwits News Stories 🗞️ 

• Celsius rose 3% on Goldman ‘Buy’ rating.

• Apple rose despite downgrade post-event.

• Robinhood rose after unveiling social platform.

• Red Cat jumped 30% on NATO drone approval.

• Microsoft expanded Copilot AI to sales, service, finance.

• Delta narrowed Q3 guidance amid travel rebound.

• Micron surged 8% after Citi raised price target.

• Google, Meta, OpenAI, xAI faced FTC probe over chatbot risks to kids.

• Centene rose 10% after reaffirming full-year guidance.

• Mortgage rates fell to 6.35%, the lowest in a year.

Don’t miss a story! Follow @StocktwitsNews for a live feed in real time. ✍️ 

PRESENTED BY STOCKTWITS
Opendoor Breakout, CPI Jolt, and Oracle Surprise

Daily Rip Live with Katie Perry, Olivia “Voz” Vosnenko, and eToro’s Bret Kenwell. Today we dive into Opendoor’s leadership shake-up, retail investor momentum, CPI/claims data ahead of next week’s Fed meeting, Klarna’s Wall Street debut, metals & miners, and crypto seasonality, all with real trading tactics from Voz and fresh platform insights from Bret.

WHAT’S ON DECK
Tomorrow’s Top Things 📋

Economic data: Michigan Consumer Sentiment (10:00 AM) 📊
Pre-Market Earnings: Huize Holding ($HUIZ) 🛏️

P.S. You can listen to all of these earnings on the calendar page.

Links That Don’t Suck 🌐

🤖 Join the CMT Association’s for TA, networking, and live Red Bulls Soccer action *
🎩  Sticky inflation report unlikely to keep Fed off course for rate cut next week
UK fires ambassador to the US Peter Mandelson over his links to Jeffrey Epstein
😨 Health care inflation rises as patients, employers brace for biggest jump in health spending in 15 years
🏠️ U.S. will split profits with Tokyo from Japan-funded projects until $550 billion is recouped: Lutnick
📺️ Scientists link hundreds of severe heat waves to fossil fuel producers’ pollution
FBI releases images of person of interest, announces $100K reward amid manhunt for Charlie Kirk’s killer

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