Government Reopening Fuels Stock Surge: Micron, Palantir Soar
UPDATE: Stocks are soaring as new reports confirm the government will reopen after 40 days of shutdown, igniting market optimism. Just announced today, the S&P 500 surged 1.6%, while the Nasdaq Composite jumped over 500 points, up 2.3%. This development comes as investors eagerly await their SNAP benefits, signaling relief and renewed consumer confidence.
The Dow Jones Industrial Average also recorded an impressive gain, climbing more than 300 points, marking a 0.8% increase. The small-cap Russell 2000 rose 1.2%, reflecting widespread enthusiasm across the market. With the government now poised to release key data, analysts are watching closely for its impact on various sectors.
Tech stocks are experiencing a remarkable recovery today, with major players like Micron Technology and Palantir Technologies leading the charge. Micron’s stock jumped 6.5%, reaching a 52-week high, driven by surging demand for AI storage solutions. Notably, analysts maintain a strong outlook, with Mizuho Securities projecting a price target of $265 for Micron.
Meanwhile, Palantir’s stock rose 8.8%, bolstered by expectations of increased federal spending as the government reopens. CEO Alex Karp is optimistic that this will reignite Palantir’s existing contracts with defense and intelligence sectors.
Opendoor Technologies also made headlines today, with its stock soaring 21% following the announcement of new CEO Kaz Nejatian‘s strategic vision for profitability. The company reported Q3 2025 revenue of $915 million, exceeding estimates, and Nejatian emphasized plans to transform Opendoor into a leading software and AI firm.
In a related note, President Donald Trump ordered Air Traffic Controllers back to work, expressing disappointment in those who did not report during the shutdown. He also announced substantial bonuses for compliant workers, further fueling market optimism.
With the government reopening, discussions around tariffs are heating up. Trump revealed plans to use tariff revenues to address the $38 trillion federal debt, igniting debates over the effectiveness of such measures. His controversial stance on tariffs drew mixed reactions, with Trump stating,
“People that are against Tariffs are FOOLS!”
on Truth Social.
Commodities also saw gains today, with gold rising 2.7% and silver up 4.7%. Oil and natural gas prices increased by 0.6% and 1.7%, respectively, amid the positive market sentiment.
The recent suspension of China’s export controls on critical minerals further alleviated supply concerns for US tech companies, including Micron and AMD. As a result, stocks like Nvidia surged 5.8% and Alphabet rose 4% intraday.
As the government reopening unfolds, investors are keeping a close eye on future developments, including the anticipated release of crucial economic data. Analysts predict that renewed federal spending could significantly impact tech stocks, particularly those involved in defense and AI sectors.
Stay tuned for more updates as this story develops, and keep an eye on the evolving market landscape following this pivotal moment in US governance.
