In June, the S&P 500 had its second-best monthly performance this year, with Coinbase leading the way as the top performer in its first full month in the index. Oracle also had a stellar month, with a new $30 billion cloud deal boosting its cloud business momentum significantly.

The S&P 500 index finished up 4.96% in June, the second-best monthly performance of the year. Coinbase and Oracle were the top performers, with gains of 42.12% and 32.08%, respectively. Oracle’s cloud business saw significant growth, with cloud infrastructure revenue up 52% year over year to $3 billion.

Investors are excited about Oracle’s cloud business momentum after a strong fourth quarter in fiscal 2025. With cloud revenue growing by 27% year over year to $6.7 billion and a new $30 billion cloud deal on the horizon, Oracle’s stock has been performing well.

Coinbase’s revenue-sharing agreement with fintech company Circle could lead to new profitable segments. The company’s positive monthly gains for the past three months are the first since 2023, making it a surprising top performer in the S&P 500 in June.

Read more at Nasdaq: These Were the 2 Best-Performing Stocks in the S&P 500 in June 2025